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In the year to 30 September, revenues increased to ￡ 107. 8 ￡ 89 m. 7 m profit for the year and the previous fees came to 500,000 ￡, compared with a loss before tax of ￡ 5. 9 m. balances of cash at the end of the year were ￡ 7. 8 m.

"Africa made real progress, stimulated by a population who has reached the one billion people," said the President Director of Lonrho, David Lenigas

Lonrho investments in 17 African countries and operates a number of companies whose business offering fruit and fresh vegetables at the international level. It has as Cardoso hotel in Mozambique hotels and has a stake of 63pc in Equatorial Guinea Luba Freeport.

The company listed on aim was historically part of Tiny magnate commercial Empire Rowland before mining assets were divided into Lonmin in 1998.

"Africa is making real progress, stimulated by a population reaching billion people and booming oil and fuel economic growth and concerns about the global food shortage is to stimulate the sector of agriculture, mineral industries", said David Lenigas, Executive Vice President.

The company also owns African Airlines Fly540, which operates the Kenya since 2006. Monday, the company said begin first private commercial airline with daily flights operating Angola. "We start, I hope, the week next to fly from Luanda, Cabinda and Soyo," said Mr. Lenigas.

Lonrho sharing 1? pink 17?p.

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