Africa is the second largest continent in the world in terms of both land mass and population

  • 52 cities with more than 1 million people, which is equal to or greater
  • than Europe, the United States and India
  • Larger land mass than the United States, China and India, combined
  • Africa has demonstrated strong and resilient economic growth  Average GDP growth of 5.2% since 2002, despite global economic
  • crisis
  • Sub-Saharan Africa is home to 7 of the top 10 (and 10 of the top 20) fastest growing economies in the world
  • We believe Africa will continue to present highly compelling opportunities due to its
  • Attractive macroeconomic fundamentals and favorable demographics
  • Accelerating regional integration and improving regulatory environment
  • Large number of sectors that are experiencing hyper growth and/or rapid structural change
  • Improved governance and new democracies leading to a more stable political context 

Over 1 billion people, or 15% of the world’s total population

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