Improving Governance in Africa

• African economies are largely dependent on sectors with low added value Industrialize Africa Africa's share of global manufacturing at around 1.9% 62% of imports and 19% of exports are manufactured Commodity dependence (% government revenue) Libya 98% Equatorial Guinea 85% Angola 80% Nigeria 74% Industry GDP per capita North America USD 11,500 Low value-added activities lead to low GDP/capita • • East Asia USD 3,400 Our ambition Move Africa to the top of the value chain Increase industrial GDP by 130% to USD 1.55 trillion by 2025 • Develop efficient industry clusters • Africa USD 700 • AfDB to invest about USD 5.6 billion per year Provide policy advisory services, technical assistance to governments and funding to key PPP projects Increase investment/financing to lend to small and medium enterprises (SMEs) and increase their capacity Improve access to market finance for African enterprises • Catalyze funding into infrastructure and industrial projects Link up African enterprises and major projects with potential partners and investors We cannot do it alone! 11

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