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75016 PARIS – FRANCE TEL: 33 1 44 30 19 60 FAX: 33 1 44 30 19 30 www.theafricareport.comCHAIRMAN AND FOUNDER BÉCHIR BEN YAHMED ASSOCIATE EDITOR MARSHALL VAN VALEN PRODUCTION EDITOR OHENE

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JEUNE AFRIQUE MEDIA GROUP

most influential

Africans A constellation of the celebrated: barrier-busting

business folk and power players on the continent From the stars of the moment to those imagining Africa’s tomorrow

Algeria 610 DA • Belgium €7.90 • Canada CA$ 12 • Denmark 80 DK • Ethiopia 200 Birr • France €7.90 • Germany €7.90 • Ghana GH¢ 35 •

"Kenya KES 900 • Morocco 45 DH • Netherlands €7.90 • Nigeria 2000 NGN • Norway NK 95 • Rwanda RWF 7,500 • Sierra Leone LE 67,000

• South Africa R75 (tax incl.) • Sweden SEK 100 • Switzerland 10.90 FS • Tanzania TZS 20,000 • Tunisia 15 DT • Uganda UGX 30,000 • UK

£7.2 • United States US$ 15.99 • Zambia 80 ZMW • Zimbabwe US$ 6.20 • CFA Countries 3,900 F.CFA • Euro Zone €7.90

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Visit us at:

Find out more at www.liebherr-bauma.com

Munich, April 8th – 14th

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THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

EDITORIAL

The mobilisation of hundreds of thousands

of young people on streets across the

con-tinent demanding economic and political

rights challenges traditional

opposition-ists as much as incumbent regimes In

each case, the demonstrators in Algiers,

Bamenda, Harare, Kampala, Khartoum

and Kinshasa are taking on systems of

vested interests and dysfunctional politics

that are holding them back They are

calling for sweeping change, not just

different party colours in the presidency

Even in South Africa and Nigeria or

countries where politics seems quiescent

or dominated by competition between

ideologically identical parties, these new

movements send important messages

First is that the economic downturn has

exposed the jobless growth of Africa’s

boom years The demographic reality of

the world’s youngest continent means this

issue will dominate African politics for the

next three decades Although most

policy-makers talk of structural reform, very few

have a strategy and can implement it

Second, when regimes try to reform after

years of stasis, they are at their weakest

point They have neither the legitimacy nor

the resources to change the policy course

The protesters’ grievances run the gamut

Innovation is key to the

organisation-al power of the new groups Activists inAlgeria are using WhatsApp groups of foot-ball fans to mobilise support It worked

On the evening of 3 March, hundreds ofthousands marched through the streets tocall on President Abdelaziz Bouteflika torefrain from standing for a fifth mandate inApril’s elections In Sudan and Zimbabwe,the governments have tried to shut down ser-vices like WhatsApp, so activists use virtualprivate networks to share information andsend messages to the outside world

All this has prompted easy comparisonswith the rebellions that swept across NorthAfrica in 2011 The protest movements inEgypt, Libya and Tunisia started that way,

so the argument goes, but ended in a newautocracy, bloody chaos or frustration anddisappointment

There are parallels between today and

2011 but more importantly there are sons Above all, demonstrate in peace,

les-is the message circulating relentlesslyamong activists in Algeria and Sudan.Many hope the form of the demonstrationsthemselves, heterogenous with a strong,sometimes majority, participation by wom-

en, can shape the political transitions Thismay prove the hardest task: for a popularmovement to take on the responsibilitiesand limitations of political power withoutbetraying its supporters

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75016 PARIS – FRANCE TEL: (33) 1 44 30 19 60 FAX: (33) 1 44 30 19 30 www.theafricareport.com

CHAIRMAN AND FOUNDER

BÉCHIR BEN YAHMED

ASSOCIATE EDITOR

MARSHALL VAN VALEN

PRODUCTION EDITOR

OHENEBA AMA NTI OSEI

To find the full editorial team, all our correspondents, and much more on our new digital platform, please visit:

www.theafricareport.com

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THE AFRICA REPORT

is published by JEUNE AFRIQUE MEDIA GROUP

03 EDITORIAL

06 MAILBAG

08 COFFEE WITH THE AFRICA

REPORT / Bob Collymore

10 THE QUESTION

12 Q2 / April

14 Q2 / May

18 Q2 / June

63 EAST AFRICA FOCUS

Policymakers are not yet looking atthe many concerns of business andordinary citizens in order to avoidthe pitfalls that have hobbled otherintegration projects

86 100 MOST INFLUENTIAL AFRICANS

The Africa Report’s

inaugural ranking of the top Africans who control the levers of power across politics, business and the arts:

from billionaire barons

to unpredictable peacemakers and soft-power superstars

122 INSIDE BAYELSA

New projects are takingroot in the Nigerianstate after years ofdespoliation

146 LOGISTICS DOSSIER

Ethiopia has highhopes for exports, andhas made improvinglogistics a priority

156 ART & LIFE

African designers are

in the limelight whenBlack Hollywood starschoose their labels forred carpet ceremonies

FEATURES

22 PROFILE / Ramaphosa’s destiny

Ahead of 8 May’s general elections The Africa Report talks to close contacts

of the president over the years to build a picture of the man who says he can

get South Africa out of its current mess

36 INVESTIGATION / Nigeria’s billion-dollar oil scandal

An investigation in Nigeria has turned into the country’s biggest corporate

bribery case, with nine executives from Eni and Shell now on trial in Milan

48 WIDE ANGLE / The youth wave

Sudan street protests, Bobi Wine, #FeesMustFall and #NotTooYoungToRun –

a demographic tide is pushing back against outdated politicians, so how long

before the bulwark crumbles?

56 DEBATE / Is Magufuli’s economic nationalism working?

The threat of a $190bn tax bill became a $300m payment The Africa

Report looks into whether the Tanzanian government’s barnstorming style

will revolutionise the economy or scare away investors

‘an enigma’

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address the root cause

of the failing education

system, as technology

alone won’t fix our public

schools [‘Yemi Osinbajo:

Selling our crown

jewels isn’t the solution’,

TAR106 Dec./Jan 2019]

What ails our

educa-tional system ranges

from poverty in early

childhood to underfunded

districts and poorly

designed incentives for

an overburdened faculty,

all of which feeds the

unequal access to quality

education for the teeming

population of

school-age children Recruiting

more qualified teachers

into service requires

more funding than the

sector currently gets The

proposed reform of the

school curriculum will

level the playing field of

access, but level fields do

not necessarily translate

to improved player skills,

which is the entire point

of education

Maryam Bello,

Ibadan, Nigeria

DOUBTFUL DOUBLING FOR MAURITIUS

Mauritius is keen todouble the size of itsfinancial sector in 12years, but how will it findthe growth strategies

to achieve its dream intoday’s global economicturmoil? [‘Mauritius:

Offshore on the radar’,TAR105 Nov 2018]

Various forecasts against

a backdrop of new USgovernment measures

to impose tariffs on steeland aluminium haveresulted in Turkey’scurrency significantly

losing its value Fourcountries – Egypt, Jordan,Argentina and Barbados –have suffered from highdebt and deficits WillMauritius be successful

in its expansion of itsfinancial sector with newinternational investmentswhen the general globaleconomic outlook seemsnegative?

Kokil Shah,Kenya

HELL BREAKS LOOSE

IN ZIMBABWE

It surely never rains inZimbabwe PresidentEmmerson Mnangagwa’s

attempts to turn theeconomy around are yet

to bear fruit [‘Zimbabwe

2019 Country Report’,TAR106 Dec./Jan 2019].Fuel shortages haveloomed, doctors aregoing on strike, teachersare going to work twice

a week and there has been

a sharp increase in theprices of basic goods andservices New uncorruptblood is needed, humanrights laws need to

be respected and in anutshell, a new govern-ment is needed

Jeff K Chakanyuka,

Zimbabwe

HOW TO GET YOUR COPY OF THE AFRICA REPORT

On sale at your usual outlet If you experience problems obtaining your copy, please contact your local distributor, as shown below.

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NIGERIA’S OBY RAISES CRUCIAL QUESTIONS

Oby not only has the educational qualification, she also has enough professional experience to

be president [‘Obiageli ‘Oby’ Ezekwesili: The old order has delivered misery’, TAR106 Dec./Jan 2019] It is sad that Oby was not seen as a major contender Instead, Nigerians were focused on two men who have been in power before and have shown that they have nothing

to offer Is it because Nigerians cannot yet wrap their heads around a female president?

Lucia Edafioka, Feminist and brandcommunications manager, Nigeria

Blunt-speaking and

r i g h t s , O b i a g e l i launched a groundbreaking run

al and political career Standing for Nigeria (ACPN), she is shaking up band of young volunteer helpers.

Oby, as she is widely known

in Nigeria, should not be What she lacks in establishment own enthusiasm and that of her ers of the #BringBackOurGirls

under-The old order has delivered misery

The Nigerian presidential candidate talks toThe Africa Report about the education crisis

and the need for the politics

of ideas rather than personality

that the government of Goodluck from Chibok in Borno State by co-founder of the campaign, used First Lady Michelle Obama was pictured on social media bran- major reason why Jonathan lost the 2015 election.

An accountant by training, with amaster’sin publicadministration worked on development projects

for much of her career She

as head of its Budget Monitoring later served as minister of mines Bank as vice-president for Africa.

Oby is a fiercely independent campaigner At the launch-

2013, she warned its members that Party (PDP) out of power But she with whom she clashed in govern- ment She tellsThe Africa Report

that Atiku did “everything to was in government.

un-Obiageli

‘Oby’

Ezekwesili

Presidential candidate, Allied Congress Party of Nigeria

“I would do a much better job than [Atiku] because government is not monolithic”

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By NICHOLAS NORBROOK in Nairobi

“I highly recommend this lifestyle,”

says Bob Collymore, sitting on the

veranda of his imposing house in

the affluent Nairobi suburbs “This

morning I woke up and had the 8:15am

call Then I caught up with some

emails, then I have you and another

media engagement after […] I don’t

actually need to go to the office.”

With the gentle chirrup of birdsong

and the jazz radio playing in the large

sitting room behind, it is hard to

dis-agree, though the less well-organised

might see their productivity suffer

“And it occurred to me,” continues

Collymore, “that we all get into this

funnel, to commute and get into the

office by 8-9am Whereas, I could

easily do the interviews here, go into

the office by midday and miss the

traffic.”

Nairobi is blessed with an

abun-dance of cars, which can render the

smallest commute unbearable So it

is no surprise to hear an executive

plan around it But Collymore is not

being boastful about his terrific life;

he has a different problem to steer

BOB

COLLYMORE

PLATFORM BUILDER

The Africa Report sits down with the retiring boss of

Safaricom, Kenya’s dominant telecoms player and creator

of the widely popular M-Pesa mobile-money platform

around Treatment for acute myeloidleukaemia has stripped his immunesystem of its former strength “I’mstarting over from scratch,” he says

Until it returns, he is forced to limithis interaction with people

Collymore is a ‘silver linings’ guyrather than a ‘dweller’ One of thosesilver linings is the ability to put moretime into his music

“I do have a saxophone addiction,yes It’s gotten worse in recent times

The saxophone shop was right acrossthe way from the hospital in London,

so I bought myself a new Conn-Selmersaxophone And I’m very diligent Imanage to get in seven or eight hours

a week.”

That does not mean he is any less intouch with the office The launch ofSafaricom’s mobile overdraft facility,for example, has been at the forefront

of his days And he has had to fendoff a recent polemic in Kenyan publiclife surrounding Safaricom’s dominantposition

It is one of the reasons he is sosanguine about a merger betweentwo rivals, Airtel Kenya and TelkomKenya “Telcom operators need toget a certain critical mass to work,”

he says “So this will create a playerwith 33% market share That makessense For the market it makes sense,too, to have a stronger player as com-petition to Safaricom.”

But that is not where he believes thereal competition will come from Forall the kudos Safaricom won world-wide for its mobile payments platformM-Pesa, “you can pay for things withyour Fitbit now,” says Collymore.And in the future, the real chal-lengers to telephone companies likeSafaricom will come from ‘big tech’:Amazon, Google, Facebook, as well

as Chinese challengers like Tencent.WhatsApp has launched a paymentstrial in India involving tens of millions

of participants If WhatsApp getsinto payments and comes to Kenya,what will Safaricom do? “We don’tget complacent about these things,”says Collymore “For sure, we believe

we need to evolve, and quickly Thething that we have today was designed

11 years ago.”

That evolution is being helped

along by a strategic partnership withVodacom, the South Africa-basedtelecoms company, in particular withits data capabilities And Safaricom islooking for new revenue drivers “Theshareholders are certainly lookingfor this,” says Collymore “And wethink that you can bolt a few thingstogether – e-commerce, payments anddata analytics Most people are usingdata to gauge whether you are a creditrisk or not But look at the Chinese,they are not looking at whether you

Collymore is not boasting about his terrific life; he has a different problem

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N° 107 / APRIL-MAY-JUNE 2019

connect the smallholder to

specif-ic off-takers All of this is in theSafaricom ecosystem

Like all good musicians and chiefexecutives, Collymore understandsthe importance of timing, for a com-pany and for a career He looks at theway his predecessor Michael Josephhewed Safaricom out of the stubbornpotential of the market His own tenure– which comes to an end in August

2019 – has been about consolidationand profitable pivots to M-Pesa anddata: investing $100 in the companywhen he began would have seen thatmoney grow nearly tenfold

And he is clear that the company

needs a successor with yet anotherset of skills, as the chapter of the

‘ubiquitous platform’ begins “I havenever been a good mergers and ac-quisitions person, but we will needsomeone who can spot a deal andgrab it,” concludes Collymore “[Weneed] someone who understandsthe financial sector a lot more, if

we are to occupy the fintech space,and someone who is not going to bescared of going into other markets.”Collymore says he is leaving withfew regrets: a small number of missedopportunities and a regretted com-ment or two about the quality ofKenyan food, or about whetherKenyans trusted Safaricom morethan the church His greatest tri-umph? The team he has assem-bled “Finish your tea,” he says

“Let me just go get an injectionpumped into me, and I will

be back.”

have money or not – they are looking

at whether you are a good guy or not

They look at intent If I know that

your intent is good, then I can rent

you my apartment.”

That gives companies that sit on

piles of information an advantage “We

have access to a pool of data, and not

just our own but publicly available data,

which can help us to start to profile

people much better and to monetise

that by how we develop our own ucts for you and individualise it,” saysCollymore “But then also, how do wemove into other markets which are notour legacy markets, voice and SMS

prod-And not many operators can say thatbecause they are just voice and SMS.”

E-commerce is certainly an obviouschoice – with a trusted brand, a pay-ments platform and new logisticspartner Sendy, Safaricom is stealing

a march on other retailers seekingonline customers

But the strategy, like big tech’s, is

to be the platform, says Collymore,

“whether it was for the banking dustry, the healthcare industry, theagricultural industry And we have oursights on the education sector Look,

in-at Amazon, it doesn’t just sell books

Google is putting balloons up in theair, it is not just a search engine.”

Take, for example, DigiFarm,Safaricom’s new agricultural initi-ative The company will be able togive loans to a smallholder, sourcecheap inputs from iProcure – anagricultural start-up Safaricominvested in – deliver the latest

agronomic expertise by

phone, and then

Investing $100 at the start of Collymore’s reign would deliver tenfold returns today

JEAN-MARC

PAUFOR

TAR

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YES The National Cathedral serves an aesthetic andsuperfluous purpose It does not directly reflect

the nation’s founding goals It is a piece of architecture

that is just going to change the skyline In a country which

has a majority Christian religious orientation, there are

already mega-auditoria that seat, in some cases, three

times the proposed capacity of

the cathedral These auditoria

have hosted and still have

capac-ity to host events of a national

nature To date, there has been

no explanation for the cost of

re-placement of structures that will

be demolished for this edifice,

which will cost tens of millions

of dollars at least While the

mega-pastors are running around

with statesmen to raise funds, no

Ghanaian even knows the cost of

the whole project, and the

gov-ernment itself is not disclosing

its interests For a monument

to a religion that has truth and

transparency as its core virtues,

this cathedral’s very foundations

show a contradictory attitude

Ghana has done very little to

protect its heritage, and yet revels

in the imposition of a foreign religion, whose main

propo-nents shackled our forefathers and condemned our ways

as barbaric So while the national museum steadily breaks

down in ruins just five kilometres away, a monument that

celebrates our mental slavery rises in its wake

a country with an estimated 70% Christian population,the National Cathedral would serve as a sacred space for

governance of the nation, hoststate and religious functions,serve as a convening centre forinterfaith dialogue to improvethe cohesive relationship be-tween government and religiousleaders and create a visible andorganic unity of the differentChristian denominations in thecountry Our commitment to so-cial justice in encouraging socialintegration requires initiatives tobuilding the needed various in-frastructures at all levels – local,regional and national – so thatour nation can develop fasterthan it is currently Building thecathedral and tackling the othersocio-economic challenges inthe country are not mutuallyexclusive Monuments like theNational Cathedral, in addition

to its tourism potential and socio-economic revitalisation

of the city, will create jobs, revitalise the landscape ofAccra, serve as a catalyst for technology and skills transferinto our country, and will play an important cultural role

in cultivating pride for our heritage and past

Are national cathedrals

a waste of resources?

Ghana’s government-backed multimillion-dollar project has received backlash for being

a misplaced priority in the face

of harsh economic conditions

It appears the project does not have universal appeal in Ghana, even among the Christian community It is more a matter of political mobi- lisation for short-end electoral purposes rather than Christian ends State support is not univer- sally agreed, since many court cases are ongoing regarding the presidential donation of prime government land Besides, all so-called national cathedrals are denomination-based or -owned.

Colin Essamuah,WhatsApp

No!! These resources in question are

meant for the wellbeing of the citizens and

the development of the nation Religious

beliefs are entrenched in Ghanaian

society and form part of the national

identity Yes, a national cathedral may

not be in the interests of the entire

popu-lation, but it captures most of the citizen’s

religious affiliation, which is Christianity.

Randolf B Hackman,Email

It is a vanity project It’s management will

be chaotic and

at the taxpayers’ expense It

is the height

of misplaced priorities.

Kobi Annan,Twitter

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THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

The Africa Report’s exclusive guide to the quarter ahead features

key events from the worlds of politics, business and culture Find

out more about how to plan your April, May & June, whether it is

to find out who is planning for life after Bouteflika (see page 13), what happens next in the fallout from Steinhoff International’s

accounting irregularities (see page 14) or understanding the

battleground fights in South Africa’s election (see page 16).

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Congolese artist Samba’s piece(pictured) sold for £31,250($42,000) in an October 2018auction at Sotheby’s, whichnetted £2,274,625 in total.

POWER PLAYERS World Bank leadership contest

After president Jim Yong Kim’s surprise resignation, the race

is on to name a replacement Nominations ended in March and a vote is due before the Spring World Bank/IMFmeetings in Washington Early talk was about breaking the

mid-US stranglehold on the presidency

INVESTMENT Oil interest

Despite low prices, several African countries are seeking

investment in oil exploration in the months ahead

PAUL ABUOR

Kenyan MP calls the government to account over opaque debts

as the government seeks to roll over big loans in April

DAVID MALPASS

The US Treasuryofficial – a critic

of multilateralismand former BearStearns boffin –

is US PresidentDonald Trump’spick

1 GABON The 12th

licensing round is

set to close in April 2019.

2 GHANA Its first formal

licensing round should

be complete in May It has

reportedly got the attention of

16 oil companies, including majors.

3 REPUBLIC OF CONGO Licence round

phase II is due to close in June 2019.

4 ANGOLA The Marginal Fields Bid Round will be launched

at the Africa Oil & Power conference in Luanda in June 2019.

NGOZI OKONJO-IWEALA

The former financeminister of Nigeriahas said that shewould run forthe World Bankpresidency

if nominated

RAGHURAM RAJAN

The formerReserve Bank

of India governorcould be a strongcandidate forthe Asian grouping

of countries

‘We want to know how much debt

Kenya is paying in pending bills

and we want this done this year’

2

1 3 4

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THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

The powerful clique behind President Abdelaziz Bouteflika may

have waited too long to resolve their disputes about who should

take over from the ailing 82-year-old president They backed

Bouteflika to run again in the planned 18 April elections, leading

to hundreds of thousands of protesters – young and old – taking

to the streets in late February and early March to send a message

scrawled on handwritten posters and chanted by throngs of

protesters that ‘enough is enough’ The economy, which is largely

dependent on oil and gas projects, is hurting

Nearly everything had seemed on course for a non-event election

where Bouteflika would win a fifth five-year term: the opposition is

weak and divided, the regime holds a tight grip on the military and

security services and Algeria’s young people were seen as

disaf-fected and perennially frustrated by the country’s gerontocracy

Those around Bouteflika are now scrambling for a strategy

As The Africa Report went to press, the street had gotten

wheelchair-bound Bouteflika to agree to a national conference on

reforms and promise to step down before the end of the next term

In the days and weeks ahead, the protesters are seeking to press

their advantage now that they have gotten the regime to make

con-cessions But questions remain as to how this generational change

in the wind will eventually take shape The Arab Spring examples

of neighbouring countries show the pitfalls and possibilities

Will the opposition be able to rally around a candidate in time for

the vote, if it will be free and fair? If Bouteflika steps down before

the vote or his party fractures beyond repair, will oppositionists be

able to exert enough pressure to push through generational change

in the armed forces, many of whose leaders earned their pedigrees

in the country’s war of liberation from France and the crushing of

the Front Islamique du Salut group in the 1990s?

The street speaks

ALGERIA ELECTIONS

MO IBRAHIM FOUNDATION

The Mo Ibrahim Governance Weekend

at the Sofitel hotel in Abidjan, Côte d’Ivoire on5-7 April will play host to a new edition of TheAfrica Report Debates, with the question: “Thenew tech era: job killer or job creator?”

APPOINTMENT

SYDNEY MBHELE

The new chief executive of brand

at Sanlam takes up his post on 1 April.Sanlam’s focus has been on its 2018acquisition of Moroccan firm SAHAM.Mbehele brings experience from rivalinsurance firm Liberty to the table

KEN OFORI-ATTA

Ghana’s finance minister decribes what

is needed when the country’s programme

with the IMF ends in April

‘A combination

of economic discipline and vibrancy will ensure that we will not have to be rescued’

$100mTech-focused Andela raised a large sum

in January, and Africa-focused investors will

be discussing that deal and others at the AfricanVenture Capital Association in Nairobi 1-5 April

Thousands of protestors have

marched in Algiers and other

cities across the country

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Q 2 / MAY

SAULOS CHILIMA

Malawi’s former vice-president is running against hisone-time ally, President Peter Mutharika, in May Corruptionand the economy are high on the political agenda

ALIKO DANGOTE

His $9bn Nigeria oil refinery is due tobegin test production in May 2019 Theinvestment is set to more than doubleDangote’s annual revenue and allowlarge investments outside of Nigeria

JACOB ZUMA

South Africa’s former president will

be back in court in May on corruption

charges relating to a multibillion-dollar

arms deal in the 1990s He faces charges

of fraud, racketeering and money laundering

‘Whether we have accomplished fully what we had set up to accomplish? The answer is no Corruption is worse […] It’s politics

of patronage and appeasement.’

Awaiting the auditors

The reckoning for Steinhoff International, an Africa- and Europe-focused retailer backed by South African aire Christo Wiese, depends in part on the audited results for its group and subsidiaries in 2017 and 2018, due to

billion-be released in April and May 2019 Under the leadership of chief executive Markus Jooste, Steinhoff’s share pricecrumbled when accounting irregularities were discovered in December 2017 Auditing firm PwC is carrying out theinvestigation into Steinhoff’s recent operations, which will reveal the extent of the company’s problems

Since the 2017 crisis and writing down an estimated $12bn in assets, the company has been limping along as itconducts the restructuring of some subsidiary operations and preparing for court cases seeking billions of dollars

in damages due to investor losses The Amsterdam Court of Appeal – Steinhoff International is headquartered inthe Netherlands – will hold a crucial hearing on 23 May to determine if it will go ahead with an investigation intothe company Steinhoff’s difficulties are also playing out in South African politics, where the opposition DemocraticAlliance has been calling for the speedy launch of criminal investigations once the audited results become public.Authorities in the Netherlands, Germany and South Africa could take years to complete their probes

Restructuring specialist Louis du Preez has been leading Steinhoff since November 2018 with the goal of

saving the company from collapse Plans for new stores – Steinhoff owns Mattress Firm in the US, Conforama

in France and the Pep and Ackermans brands in Africa – have largely been put on hold until the company is

on sounder footing Steinhoff’s unaudited results for the last quarter of 2018 showed 3% total revenue growthfrom existing stores, with a 5% jump in Africa and a 4% drop in the US

Trang 17

SOUTH AFRICA Poll pressure

In May’s general election, President Cyril Ramaphosa desperately wants

a strong turnout in favour of the governing African National Congress (ANC)

so that he can sweep out corrupt officials linked to former president JacobZuma and clean up ailing state-run enterprises like Eskom and SouthAfrican Airways (see page 154)

Support for the ANC has been waning in recent years It took 61.95%

of the vote in 2016’s municipal elections, and an Ipsos opinion poll estimatedits support in November 2018 at 61% Another Ipsos poll released in

February 2019 found that 59% of adult South Africans do not believe thegovernment is handling the economy well, and only 29% believe the country

is moving ‘in the right direction’

But the two main opposition parties, the Democratic Alliance (DA)and the Economic Freedom Fighters, do not seem to be making headway

on the pocketbook issues that voters have been worried about the most.Here are three key provinces to watch:

WESTERN CAPE

Poll watchers arenot yet sure how muchsupport former CapeTown mayor Patricia

de Lille – who foundedthe Good political partylast year – will pullaway from the DA afterher falling out withthe party leadership

The ANC lost control

of the Joburg mayor’soffice in 2016, sothe vote in Gautengwill show if theopposition can makestronger inroads

KWAZULU-NATAL

Zuma has beenlobbying hard behindthe scenes for hishome province to splitthe vote, votingfor his ANC allies

in the provincial voteand against the ANC

on the national level.The province isthe biggest vote poolfor the ANC

Phase II

The second phase of Kenya’s standard gauge

railway, being built by China Communications

Construction Company to link Nairobi to

Naivasha, is due to be finished in May or June

WORLD PRESS FREEDOM DAY

MOHAMED AL-GHEITI

& MAHMOUD ABU ZEID

World Press Freedom day will be

celebrated in Addis Ababa in May Last

year, Egypt ranked among the top three

countries for imprisoned journalists

Al-Gheiti got 12 months in January 2019 for

interviewing a homosexual and Abu Zeid

got a five-year term in 2018 for taking

photos at the Rabaa massacre in 2013

MERCY NJUEH

The Kenyan LGBTQ+ activist hopes the High

Court will strike down a colonial-era law

on 24 May that she says conflicts with the

protections of the 2010 constitution

‘It means having the law

affirming our existence

and validating that we

– like all Kenyans –

are protected under

the law.’

$1bn

Ivory Coast plans to sell at least $1bn in

eurobonds by May 2019 in order to finance the

construction of new infrastructure projects

Trang 18

THE A330neo.

The A330neo shares many of the sameinnovations as the groundbreakingA350 XWB, delivering a 25% saving infuel consumption compared to others

in the category Both aircraft alsobenefit from a common type rating,which means pilot training costs aresignificantly lower too And on top

of that, they can be fitted with ourbeautifully designed Airspace cabins,setting a new benchmark in passengercomfort and wellbeing

Innovation We make it fly

FLY

Trang 19

Q 2 / JUNE

Japan will host its first G20 summit, which

assembles the biggest economies in the world

South African diplomats will be present

to represent the continent, and topics to

be discussed include agriculture, health, green

energy, trade and the digital economy

JOSEPH NJOROGE

Kenya’s energy principal secretary announces

a transmission line for June 2019

ISMAIL MOMONIAT

The National Treasury deputy director-general

said in December that the planned introduction

of a carbon tax in South Africa would

force companies to think differently about their

environmental impacts

‘We will (…) eliminate

need for importing

electricity from Uganda’

US firm Anadarko is due to make an investment

decision by June 2019 on two natural gas

plants in Mozambique’s Offshore Area 1 with

a capacity to produce 12.88 MTPA The plants

make up the key piece of infrastructure

to the country’s planned gas boom

Let’s meet in Malabo

The African Development Bank (AfDB) president AkinwumiAdesina has about another year left before he could be up forre-election as head of the continental financial institution He cameinto office in 2015 promising to transform the AfDB, but at the lastgeneral meeting, the bank’s governors said they wanted to see moreevidence of reforms and the efficient use of resources before theywould agree to Adesina’s request for a general capital increase toallow the financing of more projects

The AfDB is preparing for its annual general meeting in theEquatorial Guinean city of Malabo on 11-14 June as the continent’sgrowth engine continues to recover from a low in 2016 The AfDBpredicts that growth will reach 4% in 2019, up from 3.5% in 2018.Those numbers hide regional variations, with the oil producers andmineral exporters of West and Central Africa performing relativelypoorly when compared to the economies of Senegal and Ethiopia.Economic giants Nigeria and South Africa have been struggling

to cope with lower commodity prices and other economic strains,and the new administrations in both countries will be lookingfor ways out of their current troubles So Malabo makes a fittingbackdrop for discussions about how natural resource-dependenteconomies can diversify and attract more investment – somethingthe government of President Teodoro Obiang Nguema has beentalking about for quite some time

With an annual infrastructure financing gap estimated at between

$68bn-$108bn, attendees at the Malabo conference will be debatinghow African governments can raise more internal revenue, how

to implement the planned continental free trade area and how toimprove the mobility of the continent’s population in pursuit ofbetter economic outcomes

Trang 21

SOUTH AFRICA

National Arts Fest

Art in nearly all

of its forms will

be centre stage

in what is billed as Africa’s largest arts festival 27 June

to 7 July Amongst the singers, actors and painters, politically engaged South African photographer and multimedia artist Berni Searle will

be in the spotlight.

AFRICAN CUP OF NATIONS Cairo cup

After high drama about which countries will host the next two tournaments,

African football fans are preparing to visit the land of the pharaohs for

matches between 21 June and 19 July As The Africa Report went to press,

the qualifying matches had not yet been completed But there were already

some early favourites Egypt, which came in second in the 2017 tournament,

is expected to put in a strong showing Fans of the home team, which

automatically qualifies for the final tournament, will be cheering on Mohamed

Salah, who scored a goal in each qualifying match

CAMEROON

Last year’s winners are

expected to put in

a good showing in Egypt

The team will need

a good performance

out of winger Christian

Bassogog, who was

to qualify for thefinal tournament withthe highest number

of points

NIGERIA

Shanghai Shenhua’sOdion Ighalo was in fineform in the qualifiers,scoring six goals in fourmatches But the sidewas in a pool of relativelightweights, so theSuper Eagles will have

to prove their mettle

in the next rounds

Indian telecoms company Airtel Africaplans to raise additional funds of about

$1.5bn by June in order to invest moreand to help pay its debts It raised $200m

in early 2019 from the Qatar InvestmentAuthority and $1.25bn in late 2018 fromWarburg Pincus, Temasek, SingaporeTelecommunications and SoftBank Plansare underway for an initial public offering

Trang 22

22 PROFILE

Ramaphosa’s destiny

Does the formula that is Cyril

Ramaphosa add up for South

Africa? Contacts of the president

help to build a picture of the man

who says he can get the country

out of its current mess

36 INVESTIGATION How Dan Etete’s billion- dollar deal ended up in court

An investigation in Nigeria has turned into the country’s biggest corporate bribery case, with nine executives from Eni and Royal Dutch Shell now on trial in Milan

48 WIDE ANGLE The youth wave

Sudan street protests, Bobi Wine,

#FeesMustFall: A demographic tide is pushing back against outdated politicians, so how long before the bulwark crumbles?

56 DEBATE Is Magufuli’s economic nationalism working?

The threat of a $190bn tax bill became a $300m payment.The Africa Report looks into whether

the Tanzanian government’s barnstorming style will scare away investors

Trang 23

Ramaphosa is working on

his image as ‘an enigma’

Trang 24

THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

Ramaphosa’s

destiny

Does the formula that is Cyril

Ramaphosa add up for South

Africa? Ahead of 8 May’s general

to close contacts of the president over the years to build a picture

of the man who says he can get the country out of its current mess

By CRYSTAL ORDERSON in Cape Town and Johannesburg

Trang 25

FFor 90 minutes on 7 February, Cyril Ramaphosa

held parliament in his hand as he set out the

ambitions for his presidency In a sombre grey

suit and tie, fitting his soubriquet as ‘South

Africa’s CEO’, Ramaphosa reeled out his agenda

for the coming elections: inclusive growth,

jobs, better schools and training, stepping up

the fight against corruption and strengthening

the state to meet the people’s needs

“It was 100% Cyril,” said a veteran African

National Congress (ANC) cadre in Cape Town’s

parliament square afterwards “Thoughtful,

well-crafted, something for everyone.” Then

he paused: “But can he deliver on any of this?

His house is divided The looters are not in

jail Growth is worse than stagnant and we’re

losing more jobs.” So why the euphoria after

Ramaphosa finished speaking? “Because we

all want to believe in him He’s won the ANC

over 55% of the vote already Job done.”

Ramaphosa has set the ANC on course for

a victory that would suit him It has to be over

55% of the vote to reverse the party’s decline

during Jacob Zuma’s era, but not a landslide

– which could encourage complacency To

lead the ANC now – 25 years after its victory

in South Africa’s first free elections – requires

an extraordinary set of skills

That Ramaphosa – the student activist,the militant unionist, the political organiser,constitutional negotiator and then corporatetitan – has those skills is evident Less ob-vious are his people skills Many who haveworked closely with Ramaphosa say they donot know the man

Proudly announcing “I’m an enigma,”Ramaphosa revels in this psychological inac-cessibility, rare among such ubiquitous publicfigures Outgoing and gregarious, Ramaphosaworks a room with a natural gift for recallingfaces and personal stories Rising at 5am, hehas taken to power walking, with security intow, chatting animatedly to the early-morningworkers he meets en route

In the popular mind, that somehow sets his country-gentleman-style enthusiasmfor fly fishing, golf and expensive herds ofNguni and Ankole cattle Allies say it points

off-to Ramaphosa’s chameleon-like qualities,which have steered his career: from pushingHarry Oppenheimer to raise miners’ wages tobecoming a mine owner himself

Trang 26

THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

Destiny is a recurrent theme in

Matamela Cyril Ramaphosa’s life

From his confident teenage prediction

to journalist Denis Beckett that he

would one day be president of a free

South Africa to his current position

in just that job, Ramaphosa’s path

has been accompanied by a strong

belief that he is on the right side

of history Even when recalling his

setbacks in politics and business,

Ramaphosa reflects that they often

worked out for the best

Born in Johannesburg on 17

November 1952, Ramaphosa arrived

at the end of an auspicious year There

was a general strike against the latest

depredations of the apartheid regime

The ANC had launched its ‘Defiance

Campaign’, protesting against the

repressive and discriminatory laws

that banned interracial marriages and

compelled black South Africans to

carry passes in towns and cities ANC

militants responded by burning the

hated passes at public rallies

In Soweto, where Ramaphosa grew

up on Mhlaba Drive, the militancygrew Aside from his studies and hisChristian beliefs the young Ramaphosaliked to sing and dance but politics soonbecame an all-consuming passion

His parents, Samuel, a police officer,and Erdmuth, tried to protect their sonfrom the regime’s brutalities He laterrecalled how a white soldier kickedhim into a ditch at the age of seven

The following year, police shot dead

69 protesters, wounding hundredsmore, at Sharpeville, not far from the

Ramaphosa family home Then theregime banned the ANC and the PanAfricanist Congress (PAC) Suddenly,the anti-apartheid struggle became an

international cause célèbre.

After finishing high school in Sibasa,

in present day Limpopo Province,Ramaphosa left home to enrol at theUniversity of the North, known asTurfloop, just as African studentsstepped up their campaign againstdiscrimination Ramaphosa, whowas studying law, threw himself intostudent politics

Natural leader

“He was the quiet type, not one toboast but someone students likedand looked up to,” businessman andauthor Letepe Maisela, who was at

Turfloop with Ramaphosa, tells The

Africa Report After the regime cracked

down on student politics, Ramaphosaused the Christian student movement

to organise protests against apartheid,says Maisela “He was a natural leaderand students listened to him.”

In 1974, Ramaphosa was detainedfor 11 months under the TerrorismAct “I think this time had a profoundimpact on Ramaphosa, [although]

he doesn’t talk much of the solitaryconfinement,” says Maisela

Ramaphosa spoke in parliament thisyear about his detention, responding

to accusations from Mosiuoa ‘Terror’Lekota, an activist at the time, that

he had sold out his comrades to theapartheid security police “My arrestwas quite dramatic and I was taken toPretoria Central police station […].They started to interrogate me, whichwas quite vicious I will not go intothat.” He said the police tried to forcehim to give evidence against his com-rades, including Lekota “And I refused.And they thought they would use mydad to put pressure on me to agree

to become a state witness I refused

I said I will not do it.”

of Mineworkers (see page 26)

‘I think this time [his 1974 detention]

had a profound impact

Trang 27

In the most dramatic decade

in Africa since the

inde-pendence era – the 1990s –

Ramaphosa was at the

cen-tre of revolutionary change

in South Africa He started

the era as a socialist trade

unionist and ended it as a

leader among the country’s

new black business elite,

with plenty of peaks and

troughs in between

South Africa’s business

and political leaders were

now talking to the ANC

in Lusaka, and to Nelson

Mandela in jail in Western

Cape Ramaphosa had

be-come one of the ANC’s most

re-It looked a surreal elevationfor the 38-year-old unionorganiser

Popular with the leftand the unions, as well

as having the backing ofexiled Communist leaderJoe Slovo, Ramaphosa wascatapulted into the ANChierarchy at the party’sconference in South Africa

in July 1991

In his autobiography,Mandela gave this acco-lade: “Ramaphosa waselected secretary general,

evidence that the torch wasbeing passed from an oldergeneration to a youngerone Cyril was a worthysuccessor to a long line

of notable ANC leaders

He was probably the mostaccomplished negotiator in

the ANC.” The same ference elected Mandela aspresident and Thabo Mbeki

con-as his deputy

Snuki Zikalala, dent of the ANC Veterans’

presi-League, tells The Africa

Report that Ramaphosa’s

promotion was deserved: “Cyril was run-ning the engine room of theANC, delegates felt he washighly competent, a hardworker and the right man

well-to lead the ANC’s office.”

Fishing trips

Earlier, Ramaphosa hademerged as leader ofthe the ANC delegation

at the Convention for aDemocratic South Africa

in the ANC’

NELSON MANDELA

NEGOTIATOR

From national resistance to political power

When she first met Ramaphosa in the1970s it was clear to Patricia de Lille– the firebrand secretary general ofthe South African Chemical Workers’Union – that he had the toughness toresist repression and to build a po-litical movement in the unions Afterrelease from detention, Ramaphosajoined the Black People’s Convention(BPC), an organisation in the BlackConsciousness Movement under SteveBiko, and resumed legal studies Hewas arrested in 1976 and detainedfor six months in the notorious JohnVorster Square police headquartersafter the 16 June uprising in Sowetoagainst apartheid education policies

De Lille first met Ramaphosa at theCouncil of Unions of South Africa,where he was working as a legal

ORGANISER

Building the base

Trang 28

THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

from 1990 to 1993 to

ne-gotiate the country’s

tran-sition Again, the path hit

several obstacles The

worst was the massacre

of 46 people at Boipatong

in June 1992

The two key

negotia-tors were Ramaphosa and

the National Party’s Roelf

Meyer “What annoyed me

was that Cyril and Roelf

would go away on fishing

trips and come back and

then have a position on a

particular matter,” argues

De Lille “This meant that

other smaller parties were

simply dismissed.”

While Ramaphosa was

negotiating the transition

and the choice of Mandela’s

deputy was being debated,

Ramaphosa was losing his

power base in the ANC

Zikalala says: “Cyril was

too young to take overfrom Mandela He had tolearn how the ANC works

Thabo was a senior leader,more experienced and had

a vision for the country.”

After winning the ANCelections, Mandela askedRamaphosa to chair thedrafting committee for thenew constitution After twoyears of hard-fought nego-tiations with apartheid-erapoliticians and MangosuthuButhelezi’s nationalistInkatha Freedom Party,Ramaphosa’s team pro-duced a world-class lib-eral constitution that wasadopted at a grand ceremo-

ny on 8 May 1996 Stung

by the pause in his rise topower, just four days laterRamaphosa resigned fromparliament and as ANCsecretary general

adviser Recognising his political

skills, in 1982 the union chiefs sent

him to organise mineworkers, who

were producing more than a fifth of

the country’s wealth

That brought Ramaphosa up against

the harshest realities of the apartheid

regime as he criss-crossed the country,

seeing the dangerous working

condi-tions in the mines and the squalor of

the single-sex hostels “Ramaphosa

and other organisers were frequently

chased away by the police, as most

companies had not granted them

or-ganising rights,” recalls De Lille

Move to the ANC

Mineworkers were reluctant to hand

over their hard-earned money as subs

to the mining unions The unions were

also divided politically By the time

the National Union of Mineworkers

was founded, in 1982, Ramaphosa

had switched allegiance from the BPC

to the ANC, with its stronger isation and international backing

organ-Harry Oppenheimer, chairman ofAnglo American, allowed unions toorganise, and Ramaphosa saw this

as an opportunity to build a socialistmass movement

Although some activists were appointed with Ramaphosa’s move tothe ANC, De Lille saw clear reasonsfor it: “He was very shrewd He willsmile with you, but he would be

dis-planning something else He wasstrategic and tactical.”

Internal differences within the PACand BPC also pushed Ramaphosa to-wards the ANC The next step was toorganise a national union federationwith the widest possible membership.Along with Jay Naidoo, Ramaphosalaunched the Confederation of SouthAfrican Trade Unions in November

1985, grouping together 33 unions

“It is important to draw peopleinto restructuring society so that thewealth is democratically controlledand shared by its people,” Ramaphosatold the workers Naidoo was the firstsecretary general of the federation,with Ramaphosa leading on its politicalstrategy It was aligned at home withthe United Democratic Front, formedtwo years earlier, and to the ANC atits base in Zambia By now, top ANCcadres in Lusaka were talking aboutcomrade Ramaphosa, a rising star

‘He was very shrewd.

He will smile with you, but would be planning something else’

PATRICIA DE LILLE

Getting the job done:

South Africa’s constitution

Trang 29

From a standing start in the

mid-1990s to a personal fortune of an

estimated R6bn ($500m) this year,

Ramaphosa’s rise, along with that

of his coterie of business associates,

typifies the strengths and weaknesses

of the government’s Black Economic

Empowerment (BEE) schemes They

compelled white capital to hand over

some of its more lucrative holdings to

a self-selecting clique of commercial

cronies

Investors in Ramaphosa’s main

business vehicle, Shanduka, have

done well since its foundation in 2001,

although some analysts claim the

returns would have been higher had

he been less distracted by politics

Ramaphosa threw himself into the

corporate arena in 1996, wishing to

harness business to improve economic

and social conditions He sold his

majority stake in Shanduka in 2015 –

part of a lengthy process of divestment

to resolve conflicts of interest for the

then deputy president

At the beginning, he was headhunted

by Nthato Motlana, Mandela’s doctor,

to be deputy chairman of New Africa

Investments Limited (NAIL), which

was pioneering the government’s BEE

plan NAIL invested millions in the

National Empowerment Consortium,

an investment vehicle that used

work-ers’ pension funds to finance mergers

and acquisitions

Paltry pensions and fat cats

NAIL bought assets as diverse as

casi-nos and media empires, but activists

criticised it for using worker pensions

to benefit a new breed of capitalists

Three years later, NAIL broke up

amid some acrimony Ramaphosa was

frustrated that his ambition to invest

in a big mining company had failed

He returned to the industry as a

part-ner of Glencore, the Swiss-based

com-modity trader, whose South African

chief executive Ivan Glasenberg was

diversifying the company Glencorepicked Ramaphosa’s Shanduka as itsBEE partner on a coal export project

in 2005 They teamed up again asinvestors in the Optimum project tosupply coal to the state power au-thority That ended badly when thegovernment blocked permits for themine, forcing Glencore to sell it tothe Gupta family, business allies ofPresident Jacob Zuma

By 2012, Ramaphosa had moved faraway from the principles that motivat-

ed his early political engagement InAugust 2012, police shot dead 34 strik-ing workers at Lonmin’s platinum mine

at Marikana and wounded 70 more Itlater emerged that as a non-executivedirector of Lonmin, Ramaphosa hadsent an ambiguous email referring tothe worker dispute in which 10 had al-ready died as “dastardly criminal” andsaying it would have to be addressed

by “concomitant action”

Leaders of the Association ofMineworkers and Construction Union(AMCU), vying with the NationalUnion of Mineworkers for support

at Marikana, lambasted Ramaphosafor doing too little to get the Lonminboard to make concessions or to re-strain the police AMCU accused him

of acting for the greater good of hiscompany’s share price rather than thegreater good of the people

When Ramaphosa's tions became public, his response – “Itwas terrible […] I take full respon-sibility of my role in it” – suggestscontrition but also a heightened earfor the political nuances of the cri-sis It was also the clearest sign thatRamaphosa was looking to headback to the centre stage of politics

JULIUS MALEMA

Trang 31

A mix of daring and

desper-ation propelled Ramaphosa

back to top-table politics in

2012 Just over five years

later, he was president

Plotting for Ramaphosa’s

second coming – against

a venal but well-protected

party regime – had looked

the riskiest of ventures

All of his fêted talents as

activist, organiser,

negoti-ator, lawyer, businessman

and diplomat went into

Ramaphosa’s herculean

re-entry project First, he

had to take the number two

slot in a government about

which he had the deepest

reservations and whose

president was facing

accu-sations of grand corruption

An acolyte of then

pres-ident Jacob Zuma tells The

Africa Report that his camp

was looking for a candidate

to appease investors: “Cyril

did not have any grassroots

support, so he was given theposition He never had towork for it.” That’s not quitetrue Ramaphosa, who be-came ANC deputy president

1912 That cut both waysfor Ramaphosa’s electioncampaign He had taken

a long sabbatical from theparty and politics Then

he had breezed back in,determined to fix the brokenparty and to win the presi-dency of the ANC against astrong insider candidate, theex-wife of the sitting presi-dent Photographs show atearful Ramaphosa, head inhands, moments after his

narrow victory in the partyelections in December 2017

The full story of howRamaphosa secured his win-ningmarginoverNkosazanaDlamini-Zuma is problem-atic A long-time ANC ac-

tivist tells TheAfricaReport

that Ramaphosa was set tolose the vote Some activistsorganised a meeting be-tween billionaire business-man Robert Gumede andRamaphosa This followed

reports that Gumede’s ally,David Mabuza, premier ofMpumalanga province, waswavering

Zuma’s supporters werethreatening Mabuza oncharges of grand corruptionand political murder – all

of which he denies – unless

he backed Dlamini-Zuma.Gumedehadalong-standinggripe against Dlamini-Zumafor cancelling one of hiscompany’s biggest contracts

at the Ministry of HomeAffairs

“Cyril’s instinct was tostay away from dealingwith these two guys,” theactivist says “But one ofhis supporters told him toget real if he really wantedthe presidency He could nothave won it without Mabuza[…] that was the bitter truth.”Equally, Ramaphosa wassaid to be uncomfortablewhen he and the ANC’s oth-

er top five officials calledZuma to press him to resign

as state president

Still more arduous is theway ahead: to win a substan-tial mandate for the ANC

in the May 2019 elections,then push through reform

of the country’s creakingpublic sector and embattledstate institutions as well as

a wide-ranging land-reformprogramme, in a way that willcreate jobs and bring in thepromised $100bn of invest-ment (see page 32) There

is also the need for toughinvestigations, prosecutions,holding to account, arguesformer Cape Town mayor

De Lille: “The buck stoppedwith Zuma and his cabinet,including Ramaphosa Theyadvise him and they musttake responsibilityfor thefailures.”

The future beckons:

Ramaphosa wins the

presidency of the ANC

‘We are going

to root out corruption, and that is a promise

I can make’

CYRIL RAMAPHOSA

Trang 33

Community activist, lawyer, trade

unionist, negotiator of the

constitu-tion, chairman of the board and now

president: Cyril Ramaphosa threw

his many personas into his State of

the Nation address in February His

primary mission is to convince voters

that his government cares about them

and can fix the economy after what he

had described as “nine wasted years”

under his predecessor, Jacob Zuma

Whether South Africans believe his

promises will determine the outcome

of the national election on 8 May He

wants a strong popular mandate to roll

out wide-reaching reforms that shake

up the government and economy

Comprehensive and business-like

rather than barnstorming, Ramaphosa’s

February speech rallied the ANC ranks

in parliament and left the opposition

Economic Freedom Fighters (EFF)

and Democratic Alliance (DA) looking

flat-footed A few days before his

set piece in parliament, Ramaphosa

addressed the Mining Indaba downthe road in Cape Town, trying to winbig-ticket investment Ramaphosa’sbalancing act is to get support fromradical grassroots activists whilecourting investment from corporates

Ramaphosa has to cover most of

the points between the radical leftand big capital Although it held ontopower with diminishing voter sup-port, the ANC fractured in the Zumayears Some disenchanted militantsformed new factions or parties, othersquit politics The tripartite alliance,which bound the ANC to the Congress

of South African Trade Unions(Cosatu, co-founded by Ramaphosa

in the 1980s) and the South AfricanCommunist Party (SACP), is muchweakened by defections and feuds

Neither is the ANC’s election chine in great shape Tens of thousands

ma-of volunteers from the party’s youthleague quit in the Zuma era To win

convincingly in May, Ramaphosamust ensure that the ANC gets atleast 55% of the vote First, he has

to stitch back together the triple ance Both the communists and Cosatugave Ramaphosa conditional support

alli-in 2017, helpalli-ing him walli-in the ANCleadership against Zuma’s preferredcandidate and ex-wife, NkosazanaDlamini-Zuma

Now they want policy concessionssuch as a commitment not to privatisefailing state-owned entities such

as Eskom, South African Airwaysand Denel

Ramaphosa is keeping a discreetdistance from such debates Somehow,Ramaphosa, a businessman with assetsworth an estimated $500m, has tokeep the unions and the communists

on side ahead of the elections.Trickier still for Ramaphosa iswinning over ANC members whodid not vote for him – almost halfthe party – and remain loyal to Zuma

A consummate chess player, Zuma

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THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

is fighting against prosecution and

political oblivion

Zuma has formed what amounts to

a party within the ANC, pulling in his

die-hard loyalists Ace Magashule, a

former premier of the Free State, was

caught on camera plotting with Zuma

to oust Ramaphosa Magashule is

ANC secretary general, and this gives

him power over the party’s election

campaign and influence in its choice

of parliamentary candidates

For now, Zuma’s allies hold tightly

to their ministerial posts,

director-ships of parastatals, as well as access

to state contracts Instead of

confront-ing them politically, Ramaphosa is

waiting for the judicial commissions

and multiple anti-corruption

inves-tigations to weaken the group With

a backlog of as many as a hundred

cases of high-level corruption, the

authorities could push ahead with

a number of prosecutions before

the elections But few are expecting

action against Zuma and allies inthe short term

South Africans have two votes in thecoming elections: one for the nationalgovernment and one for provincialgovernment Facing threats of investi-gation and prosecution, Zuma’s alliesare shoring up their bases to try to wincontrol of provincial governments, aswell as the local party branches andyouth and women’s leagues

But they want to undermine theANC vote at national level by cov-ertly supporting other parties Some

in Zuma’s camp say that they willmove to oust Ramaphosa at a specialnational party conference should theANC vote fall below 50%

By embracing calls for the riation of private land holdings withoutcompensation, nationalisation of theReserve Bank and staunch opposition

exprop-to restructuring state-owned panies, Zuma’s faction is wooing JuliusMalema and the EFF That is a seriouschallenge on Ramaphosa’s left flank

com-That means Ramaphosa has to

calibrate policy carefully Any movetowards radical restructuring of statecompanies would prompt protests fromthe Zuma faction and the EFF, as well

as trade unions But without changes

to creaking government structures andimprovements to the poor standards

of service, voters may have little faiththat a Ramaphosa-led ANC can turnthings around

For so many of the ANC’s supporters

in the townships and the countryside,the most pressing issues are jobs andlocal services Despite setting out avision in February of a resurgent coun-try, Ramaphosa is struggling to shiftthe dial on the economy, against thebackdrop of a ballooning budget deficitand mounting private and state debt.Although Ramaphosa’s campaign

to win $100bn of new investmentover the next three years has yieldedpledges of about a fifth of the target,the economy is marking time Investorsare holding back until they see morepolicy changes on mining, taxation,state enterprises and labour laws.Unemployment hovers around 30%.One bright spot for Ramaphosa isthe weakness of the biggest oppositionparty, the centre-right DA It thrived

in the Zuma era, but as it changedfrom a white liberal party to a pre-dominantly black and pro-businessparty, the DA under Mmusi Maimane’sleadership has struggled to assert itsnew identity And with Ramaphosa — asuper-successful businessman — at thehelm of the ANC, many black votersare returning to the governing party

‘For so many, the most pressing issues are jobs and local services’

South African President Cyril Ramaphosa

is hoping for a resounding victory in May

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L eading Côte d'Ivoire to emergence

is now, more than ever, a priority.

Having developed infrastructure

and transport and made numerous

h e a l t h a n d e d u c a t i o n s e c t o r

reforms, Côte d'Ivoire is focusing

on an ambitious local processing

project as it enters a new phase of

industrialisation.

Africa’s eighth largest

industrial power

Building on its past successes, Côte

d'Ivoire is now the eighth largest industrial

power in Africa, on a par with Cameroon.

The industrial sector contributes 27% of

Côte d'Ivoire's GDP and just over 40% of

the country's exports each year However,

its impact on employment remains low,

since it hires a mere 11% of the Ivorian

workforce, compared to 49% in agriculture

and 39% in services Its contribution is also

minimal in terms of business creation.

While it grew by 14% in 2018, all sectors

combined, it continues to peak at around

1% in the industrial and manufacturing

sectors With a view to accelerating the

pace, the Ivorian government has made

the country's industrial development one of their priorities, drawing on its currently available assets: significant energy potential, a young and eager- to-learn workforce, and a regulatory and institutional framework favourable

to foreign direct investment (FDI), not

to mention an abundance of available diverse raw materials.

Essential agribusiness

Côte d'Ivoire's imminent industrial future lies in the processing of its natural resources As President Alassane Ouattara says, “Why aspire to being an industrialised country if we cannot create added value for the products we export ourselves?” The already indispensable agribusiness sector alone accounts for three quarters of the manufacturing sector This follows on the heels of cocoa processing, which was started in the early years of the new Ivorian republic and now accounts for a significant share of the country's economy In 2018, out of the

2 million tons of beans produced during the season, 580,000 tons underwent first phase processing locally, representing

29% of the volumes exported This figure – benefiting from the establishment of

13 new processing plants, located in the industrial areas of Abidjan and San Pedro – is on the rise but still far from the 50% target, to be achieved in the next two years, set by the NDP.

Cashew nut competitiveness

Cocoa is not the only natural resource that the government of Côte d’Ivoire wants to process locally Cashew nuts are also a major focus

of attention and the Cashew Value Chain Competitiveness Project (PPCA), established

in 2018 with a budget of $200 million over five years,is designed to help small producers process their cashew nuts themselves This

is a major issue for the country, as cashew nuts are the third largest export product and contribute significantly to employment and economic development in the north of the country The objective is to process 50%

of the 800,000 tons of nuts harvested each year by 2020 This is already happening in the cotton sector and almost all palm oil and rubber volumes undergo some form of local processing before being exported.

 ChocoIvoire company Cocoa processing plant in San Pedro

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Destination Côte d'Ivoire

However, Côte d'Ivoire's industrialisation

does not only apply to agriculture The

country also aspires to developing a real

tourism industry, which will promote wealth

and rebalance the various territories Côte

d'Ivoire still has a lot to accomplish, but the

country’s many assets will play in its favour

in becoming a sought-after destination.

For the business tourism sector, this is

already happening As one of 2018’s Top

Ten African Cities with the fastest-growing

hotel industry, Abidjan will be home to a

brand new exhibition centre, to be built

near the airport The Sublime Côte d'Ivoire

plan, published at the end of 2018, focuses

mainly on the leisure sector and provides

for a global investment of 3,200 billion

CFA francs to increase tourist numbers to 5

million visitors in 2025, compared to fewer

than 3.5 million at present In addition to

attracting major international chains to the

economic capital, this strategy aims above

all to invest outside Abidjan, particularly on

the coast, which has yet to be developed

to any significant extent.

The advantages of diversity

Now a regional energy powerhouse due

to the massive Soubré dam, operational since the end of 2017, Côte d'Ivoire has the necessary power resources to support the momentum of its manufacturing sector, in the wake of the digital economy, which has had knock-on effects on other sectors in the country Planning in advance, Côte d'Ivoire

is equipping its main urban centres with modern industrial parks, all well connected with the rest of the country In the economic capital of Abidjan, for example, four such areas are expected to be approved Several similar installations are also planned throughout the country, from Bouaké to San Pedro, via Korhogo, Bondoukou, Séguéla

30 %

Côte d’Ivoire’s industrialisationrate by 2020, according to the NDP,compared to the current27%

Côte d’Ivoire’s ranking as

an African tourist destination

“The aim of the 2016-2020 NDP

is to achieve Côte d'Ivoire’s emergence with a solid industrial base.”

of Africa's future industrial powers.

Trang 37

By HONORÉ BANDA in Abuja and PATRICK SMITH in Yenagoa

On a biting cold day in Milan in January,Ibrahim Ahmed, a Nigerian investigator, andColonel Alessandro Ferri of Italy’s financialpolice, hustle into the city’s imposing, marble-clad palace of justice Ahmed is in Milan toexplain to prosecutors Fabio de Pasquale and

An investigation in Nigeria has turned

into the country’s biggest corporate

bribery case Nine executives from Eni

and Royal Dutch Shell, and Nigerian

officials, face charges in Milan over how

they won control of a rich oil block

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THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

Sergio Spadaro what Nigeria’s Economic and

Financial Crimes Commission (EFCC)

discov-ered when it started to investigate the award

of one of the richest oil blocks in Africa to an

obscure company called Malabu Oil & Gas in

April 1998, which had been incorporated just

five days earlier

After chatting to local police, Ahmed is

shown into the court A tall, slender figure in

a dark suit, he expertly guides De Pasqualethrough the sheaves of documents about thedisputes over ownership of Malabu and theoil block OPL 245 The story takes in morethan 20 years of deal making and politics inNigeria It started in the era of military rule;now Italy’s Eni and Royal Dutch Shell facecharges of corruption in the race to securerights to the contested oil block

Trang 39

In Milan, De Pasquale asks Ahmed whattriggered the investigation “The initial di-rectors of Malabu – Mohammed Sani Abachaand Pecos Energy – were complaining thattheir name was removed from the register

of company directors.” After Abacha’s plaint to the Corporate Affairs Commission,A.G Abubakar, the special assistant to thedirector of compliance, wrote a memo: “Iconfirm from database that Mohammed Sani[Abacha] had 10 million shares at the creation

com-of the company Other shareholders saidmodifications were not authorised.” A yearlater, Abubakar was shot twice and his carwas set on fire in an attack that resembled anexecution killing An estimated 9bn barrels

of oil were at stake

The EFCC discovered, Ahmed continues,

“a new filing by Ademola, a legal

practition-er, changing the directors of Malabu.” Othersuspicious points about Malabu emerged asAhmed investigated: “Since the registration

of Malabu [up] to 2010, they don’t have a bankaccount The only asset Malabu has are OPL 245and 214, and they are not doing any business.”

Breach of Nigerian law

Ahmed explains that this had all rung alarmbells – Mohammed Abacha was the son of themilitary leader General Sani Abacha, who waspoisoned in June 1998 His receipt of equity

in an oil block awarded by the oil ministerDan Etete would have been a clear breach ofNigerian law And oil minister Etete’s stake

in the company that was initially awardedthe block also would have been illegal and aconflict of interest

Now the list of charges against the quent owners of OPL 245 – Shell and Eni – isexpanding and crossing jurisdictions Alongside

subse-the Italian case, subse-the Dutch authorities are alsopreparing charges against companies andexecutives Britain, which has a poor record

of prosecuting corporate corruption cases,may yet start proceedings given the substantialBritish shareholding in Shell Already, theNigerian government is suing the US bankJ.P.Morgan in the civil courts in London fornegligence in transferring $801m of Nigerianstate funds to Malabu

And the US authorities, which claim theright to prosecute any corruption case whoseproceeds are denominated in US dollars, mayyet join in The most consequential case againstthe companies would be in Nigeria, where there

is a demand by the EFCC to cancel the deal.Financial experts claim the Nigerian treas-ury could lose more than $5bn because of thepoorly negotiated fiscal terms of the OPL

245 deal That is on top of the $1.1bn that theNigerian state has already lost due to corruptpayments, according to the Italian prosecutors

On the line are the reputations of two ofthe world’s biggest oil companies Shouldthe companies lose, their top officials could

be gaoled, their share prices could crash and

it may mean the death throes of a businessmodel used in the oil and mining industries.That model is the dependence on secretivefixers and traders, lobbyists and spin doctorswho help cut deals with political gangsters andmilitary strongmen but keep the companiesout of the courts

In most big corporate corruption cases inthe US and Britain, companies go for pleabargains to avoid prosecution In Milan, there

is no immediate prospect of plea deals Thecompanies are up against De Pasquale (seebox), one of Italy’s toughest prosecutors, andlocked into a case that could take years to settle

The ups and downs in Nigeria’s billion-dollar OPL 245 saga

April Oil minister

Dan Etete awards

the OPL 245 oil

in what was said

to be a poisoning

May Olusegun Obasanjo inaugu- rated as civilian president

Royal Dutch Shell agrees to buy 40% of the OPL

245 block from Malabu; the gov- ernment revokes the licence and Malabu mounts

a legal challenge

Government awards OPL 245

to Shell under a production-sharing agreement for which Shell offers to pay a

$210m bonus

Government reaches deal with Malabu restoring its ownership of OPL 245 for a

$210m signature bonus Shell mounts a legal challenge

Dan Etete is victed of money laundering in a French court The conviction is later overturned

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THE AFRICA REPORT/ N° 107 / APRIL-MAY-JUNE 2019

For journalists covering the trial, all the

gory details of the companies’ operations

revealed through hacked emails, wire-tapped

phone conversations and secret memos are

played out in court The drama unveils the

intersection of public life and private business

in Nigeria It is a rare glimpse behind the

curtains at the combustible mixture of money,

power, friendships and vendettas that frame

the country’s history

The golden rule of doing deals in Nigeria

is to do them quickly and quietly The deal on

trial in Milan – the fight over OPL 245 – was

neither That oil minister Etete was able to

award a licence to produce billions of barrels

of oil without scrutiny says much about the

Abacha regime which he served It was what

happened next that started the problems for

the would-be owners of this bonanza oil block

Three months later, Abacha was dead, found

frothing at the mouth at his quarters in the

early hours after a particularly energetic party

Within a year, Olusegun Obasanjo, a retiredgeneral detained under Abacha, was electedpresident Urged on by Western governmentsnervous about terrorist financing and moneylaundering, Obasanjo launched a set of anti-graft agencies, including the EFCC He alsostarted sporadic investigations into Abacha’sgovernment and cancelled a few oil deals, butEtete held on to Malabu and his prize asset

Tapes of conversations

As Abacha’s oil minister, Etete had cultivated

a fearsome image – keeping a lion in the tensive grounds of his Abuja mansion Moresqueamish visitors would try to avoid feedingtime when Etete’s servants would bring in twolive goats for the lion to chase and devour.But holding on to OPL 245 was not a donedeal In a submission to the national assem-bly in Abuja, Etete said he had been asked

ex-to dinner by vice-president Atiku Abubakar,whom he said had asked him for a stake

$215m

Fixer fee for Emeka Obi

(frozen by the courts)

ROYAL DUTCH

SHELL

ENI

*$520m in cash weighs five tonnes

Dan Etete

ABUBAKAR ALIYU

and top Nigerian officials

$210m

Signature bonus

$210m bonus for the block The government pays Malabu $1.1bn

Nigeria’s house

of representatives cancels the OPL

245 deal; Swiss and British authorities freeze payments linked to it

Italy and Nigeria charge Shell and Eni executives with corruption;

Nigeria also charges its for- mer Attorney General with money laundering

May The criminal trial of Shell and Eni executives begins in Milan

Feb London High Court rules that Nigeria’s case against JPMorgan for facilitating corrupt payments can proceed

March The Dutch government pre- pares criminal charges against Shell over its acquisition of a stake in OPL 245

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