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Argo Set for Take-Off ATRATR July July 2018 2018 CW - Cover_Layout Front_cover.qxd 1 27/06/2018 26/06/2018 11:11 07:58 Page Page 2 1 www.africanreview.com Europe €10, Ghana C1.8, Kenya Ksh200, Nigeria N330, South Africa R25, UK £7, USA $12 TRANSPORTTRANSPORT POWERPOWER CONSTRUCTION MINING HeavyHeavy andand lightlight truck truck sales sales CountriesCountries revise revise tariffs tariffs to to reduce reduce Which countries import the most Mobile energy solutions in continuecontinue toto dominatedominate regionregion P24 P24 barriersbarriers to to mini-grids mini-grids P38 P38 machinery from China? P46 mining P56 JULY 2018 African Review of Business and Technology P22 AIR CARGO SET FOR TAKE-OFF The region experiences fastest air cargo growth in 18 months July July 2018 P50 CAMEROON’S SIGNAL TO THE WORLD Douala Grand Mall to be Central Africa’s largest shopping complex to mini-grids P30 ANNUAL GENSET REVIEW Diesel genset imports increase by 25 per cent in the first quarter of 2018 Volume 54 Volume Number 6 P16 www.africanreview.com “In Africa, there needs to be more focus on infrastructure development that will YEARS support sustainable cities” Herbert Phahlane, director, traffic and SERVING BUSINESS IN 54AFRICA SINCE 1964 transportation, WSP, commercial civils, Africa ATR July 2018 Coverwrap Reverse_Layout 1 26/06/2018 07:52 Page 1 ATRJuly2018-Cover_Layout127/06/201811:11Page2 www.africanreview.com Europe €10, Ghana C1.8, Kenya Ksh200, Nigeria N330, South Africa R25, UK £7, USA $12 TRANSPORT POWER CONSTRUCTION MINING Heavy and light truck sales Countries revise tariffs to reduce Which countries import the most Mobile energy solutions in continue to dominate region P24 barriers to mini-grids P38 machinery from China? P46 mining P56 JULY 2018 P22 AIR CARGO SET FOR TAKE-OFF The region experiences fastest air cargo growth in 18 months P50 CAMEROON’S SIGNAL TO THE WORLD Douala Grand Mall to be Central Africa’s largest shopping complex to mini-grids P30 ANNUAL GENSET REVIEW Diesel genset imports increase by 25 per cent in the first quarter of 2018 P16 “In Africa, there needs to be more focus on infrastructure development that will YEARS support sustainable cities” 54 SERVING BUSINESS IN Herbert Phahlane, director, traffic and AFRICA SINCE 1964 transportation, WSP, commercial civils, Africa S01ATRJuly2018Start_ATR-NewMasterTemplate201626/06/201811:02Page2 S01ATRJuly2018Start_ATR-NewMasterTemplate201627/06/201812:09Page3 Audit Bureau of Circulations - Business Magazines www.africanreview.com Europe €10, Ghana C1.8, Kenya Ksh200, Nigeria N330, South Africa R25, UK £7, USA $12 TRANSPORT POWER CONSTRUCTION MINING Mobile energy solutions in Editor’s Note Heavy and light truck sales Countries revise tariffs to reduce Which countries import the most continue to dominate region P24 barriers to mini-grids P38 machinery from China? P46 mining P56 JULY 2018 elcome to our July issue. We have many features this month to grab your attention. As it is a P22 AIR CARGO SET FOR TAKE-OFF special annual genset review, OEMs will be heartened by the news that demand for gensets on the The region experiences fastest air cargo growth in 18 months W continent remains solid, especially in regard to big generators with power ranges above 750kVA that P50 CAMEROON’S SIGNAL TO THE WORLD Douala Grand Mall to be Central Africa’s largest shopping complex to mini-grids support large power projects (page 30). Nigeria, surprisingly, is no longer the biggest African generator P30 ANNUAL GENSET REVIEW Diesel genset imports increase by 25 per cent in the first quarter of 2018 market, however West Africa as a whole continues to be a core business territory for power companies (page 34). Our cover story is on air cargo. Despite volumes dipping over the first quarter in 2018, Africa still reported the fastest growth of all regions over the last 18 months, and with significant investments in the airports themselves, especially in South Africa, the air cargo market is definitely one to watch over P16 the remaining months this year. “In Africa, there needs to be more focus Elsewhere in the issue, we speak to Jun Qi, chairman of the Chinese Construction Machinery Association on infrastructure development that will YEARS support sustainable cities” 54 SERVING BUSINESS IN Herbert Phahlane, director: traffic, and AFRICA SINCE 1964 transportation, WSP, commercial civils, Africa (CCMA) on his views on Chinese manufacturers selling equipment into Africa (page 46) and how Cameroon is making its mark as a tourist and business capital, with the development of the US$52mn Cover picture: Air cargo market growing in Africa © beawolf/Adobe Stock Douala Grand Mall alongside a five-star hotel and residential complex, (page 50). Cover Inset: Herbert Phahlane, director, traffic and transportation, WSP, commercial civils, Africa WSP © Samantha Payne, Editor Editor: Samantha Payne Email: [email protected] Editorial and Design team: Prashanth AP, Hiriyti Bairu, Miriam Brtkova, Praveen CP, Ebin GheeVarghese, Pranav Kiran, Deblina Roy, Rhonita Patnaik, Rahul Puthenveedu, Nicky Valsamakis and Louise Waters Managing editor: Georgia Lewis Contents Contributing editor: Martin Clark Publisher: Nick Fordham Sales Director: Michael Ferridge P20 Profile Magazine Manager: Serenella Ferraro 18 Charles Kie, managing director of Ecobank Nigeria, speaks Tel: +44 207 834 7676 Fax: +44 207 973 0076 on the bank’s contribution to the economy and how Email: [email protected] fintech is disrupting the banking industry. India TANMAY MISHRA Tel: +91 80 65684483 Email: [email protected] Finance Nigeria BOLA OLOWO 20 Doina Buruiana, project manager, ICC Banking Tel: +234 80 34349299 Email: [email protected] Commission, examines the factors behind the trade UAE GRAHAM BROWN financing gap in Africa. Tel: +971 4 448 9260 Fax: +971 4 448 9261 Email: [email protected] P24 Logistics UK MICHAEL FERRIDGE 22 Tel: +44 20 7834 7676 Fax: +44 20 7973 0076 Air cargo market in Africa looks set to grow further despite Email: [email protected] a decline in volumes in the first quarter of 2018. USA MICHAEL TOMASHEFSKY Tel: +1 203 226 2882 Fax: +1 203 226 7447 Email: [email protected] 24 Transport Head Office: Alain Charles Publishing Ltd, University House, IVECO talks about its presence in Africa for 50 years and 11-13 Lower Grosvenor Place, London SW1W 0EX, United Kingdom the up-and-coming launch of the Stralis X-Way, which is Tel: +44 (0)20 7834 7676, Fax: +44 (0)20 7973 0076 available with a gas engine power configuration. Middle East Regional Office: Alain Charles Middle East FZ-LLC, Office L2-112, Loft Office 2, Entrance B, PO Box 502207, Dubai Media City, UAE, Power Tel: +971 4 448 9260, Fax: +971 4 448 9261 P34 34 Leading genset industry players continue to play a role in Production: Srinidhi Chikkars, Nelly Mendes, Infant Prakash West Africa because of the region’s weak mainstream grid and Rakshith Shivakumar E-mail: [email protected] electrical infrastructure. Chairman: Derek Fordham Printed by: Buxton Press Construction Printed in: June 2018 50 Douala will have a spectacular new shopping mall and ISSN: 0954 6782 hotel complex by 2019. Construction works are already underway. SUBSCRIPTIONS: Rates for one year (11 issues): Europe €107, Kenya KSh3400, Nigeria N6600, South Africa R460, P50 Mining United Kingdom £77, US$140 56 Mobile energy solutions are becoming popular in mines in To subscribe: visit www.africanreview.com/subscribe For any other enquiry email [email protected] central and southern Africa. Servingtheworldofbusiness S01ATRJuly2018Start_ATR-NewMasterTemplate201626/06/201811:02Page4 NEWS | AGRICULTURE Uber-style tractors are transforming THE CHALLENGE IS ACCESS agricultural sector TO LAND, NOT FINANCE Uber-style tractor services are transforming the African governments need to identify agricultural sector in Nigeria and Kenya, said World areas of farmland and put the right Bank Group expert, Panos Varangis. infrastructure in place to encourage Speaking at the Agroinvestment Summit on 4-5 investment in bankable agricultural projects, June in London, about the opportunities and it has been claimed. challenges facing the sector, Varangis said “I don’t see the challenge as access to tech-savvy farmers were taking advantage of finance, the first challenge is access to land,” app-type solutions such as Hello Tractor to plough said Dr Teddy Ngu, GB Foods Strategy and their fields. Integration Director, Africa and Middle East He said, “If you are a small entrepreneur it Adobe Stock Image Credit: to delegates at the Agroinvestment Summit Uber-style tractors open up opportunities for farmers doesn’t make sense to buy a tractor because it is to plough their fields. in London on 5 June. expensive and most of the time it will sit idle. You “Most of the people who succeed in only need it for a few hours or few days a year. The best way is to have an Uber-style service for tractors agriculture do so on large land masses, not and this is actually happening now in Nigeria and Kenya, and is spreading throughout Africa. The on smallholder farms. Industrial farmers are technology enables people to have access to tractors, whereas before it was an impossibility.” the ones who need to be encouraged to do Varangis stated in sub-Saharan Africa it has the largest level of mobile money account owners, successful farming. Look at what’s happened compared to the rest of the world, according to the Findex-database 2017. He said a large number of in Thailand. They have built canals and farmers used their mobile phones to get paid and receive insurance payments as well as pay for solar dams. In the same way, African governments panels to enhance their quality of life. need to identify areas and put the right “After a certain number of years you own the panel,” he continued. “You can have refrigeration in infrastructure in place; dams, roads, power the village and operate water pumps using solar panels.
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