What is the nature, scale and direction of sub-Saharan Africa’s current growth phenomenon? What political, economic, social and business factors are driving or constraining investment? In addressing these broader questions, this report focuses on trends in three key sectors (mining, power supply, and private equity), with some examples drawn from other sectors. It considers the principal African business destinations along with some smaller markets of special interest. The report’s particular focus is on how issues of regulation and governance are key factors shaping investor experiences and business success across the region.