Substantial growth in emerging and developing markets

Share of world GDP (%), based on purchasing power parity (PPP)

Percent
65
60
Advanced economies
55
50
45

Developing economies

40

35
30

1998

#MIGlobal

2000

2002

2004

2006

Source: International Monetary Fund Apr 2015.

2008

2010

2012

2014

2016

2018

2020

Worlds fastest growing economies

Countries with population > 10 million

Annual average GDP growth

Ethiopia

11.1%

China

10.5%

Mozambique

Myanmar

10.3%

Myanmar

Nigeria

8.9%

Ethiopia

8.4%

Kazakhstan

8.2%

2011 - 2020

2001 - 2010

Angola

Congo, D.R.

8.8%
8.2%
7.8%
7.6%

Cambodia

7.2%

Rwanda

7.2%

Chad

7.9%

India

7.1%

Mozambique

7.9%

Uzbekistan

7.1%

Cambodia

7.7%

China

7.0%

Rwanda

7.6%

Tanzania

7.0%

#MIGlobal

Source: International Monetary Fund Apr 2015.

Global growth forecasts

Key countries/regions, 2014-2020

Percent
7
6

5
4
3
2
1
0
Developing Asia Sub-Saharan Africa

#MIGlobal

MENA

Source: International Monetary Fund Apr 2015.

United States

Latin America

EU

Japan

Billions

FDI to Sub-Saharan Africa a six-fold increase since 2000

US$ billions
45
40
35
30

25
20
15
10
5
0
2000

#MIGlobal

2001

2002

2003

Source: UNCTAD Apr 2015.

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Billions

Market capitalization of Sub-Saharan Africa firms has tripled

since 2000
US$ billions
800

700
600
500
400
300
200
100
0
2000

#MIGlobal

Source: World Bank Apr 2015.

2013

Market capitalization of listed Sub-Saharan African firms

Selected countries

US$ billions
60

South Africa = $534 billion

50
40
30
20
10
0
Nigeria

#MIGlobal

Kenya

Mauritius

Botswana

Zimbabwe

Source: Bloomberg, April 13, 2015. Note: Values do not include ETFs and ADRs.

Zambia

Ghana

Malawi

Sub-Saharan Africans still under-banked

Percentage of adults with an account at a financial institution, 2014

Percent
80
70
60
50
40
30
20

10
0
Developing Asia

#MIGlobal

Developing
Europe

Latin America

Source: World Bank Global Financial Inclusion Database.

South Asia

Sub-Saharan
Africa

Developing
Middle East

Commodity prices are falling and are expected to drop further

Percent change 2013 to 2014
Percent
25
20
15

10
5
0
-5
-10
-15
-20
Energy

#MIGlobal

Metals

Grains

Fats and Other food Beverages

Raw
Fertilizers Precious
oils
materials
metals

Source: World Bank Commodity Market Outlook Jan 2015.

Annual infrastructure financing gap of $48 billion

US$ Billions
100
90
80
70
60
50
40
30
20
10
0
Actual Estimated Investment

#MIGlobal

Source: InfrastructureAfrica.org.

Total Needed

Increase in U.S. corporate cash balances

US$ billion
155

160

Q4 2007

138

140

Q4 2014

120
90

100
80
60
40
20

65

61

52
23

15

15

45
25

22

33
8

14

14

0
Apple
+909%

#MIGlobal

GE +126% Microsoft
+285%

Google
+323%

Source: Bloomberg. Note: Cash and marketable securities.

Cisco
+134%

Oracle
+537%

Pfizer
+31%

Chevron
+79%

Merck
+74%

Africas share of the worlds population is rising

Percent
25

2050

20
15

2010
1980

10
5
0
Africa

#MIGlobal

India

Source: Population Resource Bureau.

China

Latin America

Europe

North America