AFRICA

• $2.6 trillion Africa’s collective GDP by 2020
• $1.4 trillion Africa’s consumer spending by 2020
• 122 million people will be added to workforce by 2020
• 50% of Africans will be living in cities by 2030
• Africa trade flows have expanded by 15 percent per year since 2006
• Africa is the second most attractive investment destination in the world
• Africa is home to 6 of the top 10 fastest growing countries in the world
• Africa is one of the most integrated regions in the world, ranking behind only Europe and Southeast Asia for economic integration
• Africa is moving toward the negotiations for the establishment of a Continental Free Trade Area (CFTA) which will be the largest free-trade area in the world