Investor Presentaiton
CONFIDENTIAL
Nigeria Overview: A strong bet for global investors...
BANK OF INDUSTRY
...transforming Nigeria's industrial sector
Largest in Africa in many indices & Demography: Largest GDP ($477bn),
Largest market (>220m+ population, > 41m MSMEs), Largest working
population (>60m)....
Top 5 Africa GDP, Current $
(B USD, 2022)
Top sector GDP contributors: Agriculture (~25%), IT and
Telecoms (~15%) and Mining and Construction (~15%)
477
476
405
192
126
2,600
Nigeria
Egypt
SA
Algeria
Ethiopia
Africa
... with huge competitive advantages
I
Ins
8 8
220m+ growing population, with 70%+ under <30 years
old-presenting a strong consumer market and labour
potential
Endowed with rich resources ranging from oil and natural
gas, to metals like lithium and precious stones like barites,
gypsum and marble
Strong regional influence in West Africa and across Africa,
as a leading economic powerhouse and a major
contributor to regional stability and development
initiatives
Vibrant and economically-active Youth population. Highly
successful in Tech businesses. Nigeria has so far led the
unicorn counts in Africa with five of the seven known
unicorns
The largest market in Africa. Nigeria is the largest market in
Africa and has the largest workforce as well. The country's
minimum wage also creates affordable labour
Source: World Bank national accounts data; World Bank Development Indicators; BCG analysis
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