Africa is the world's second largest continent by land area and second most populous, with 1 billion people, half of whom are under 19 years old. Africa's economy has grown rapidly in recent decades, with GDP rising nearly 5% annually from 2000 to 2008. Top imports to Africa include machinery, chemicals, petroleum, scientific instruments, and foodstuffs, mainly from Europe, America, and increasingly Asia. Major exports include palm oil, gold, diamonds, oil, cocoa, and timber, with Europe and China being the largest trading partners. If political stability and infrastructure investments continue, Africa is projected to maintain strong economic growth above 5% annually in the future.

1. Emerging
Africa

2. 1. The Young Continent
2. Import
3. Export
4. South Africa
5. Future Outlook
Outline

3. The Young Continent
 world's second largest & second most populous
continent
 20 % of total land area
 1.0 billion people
 youngest continent in terms of its population
 50 % of Africans 19 years old or younger

4.  Africa’s economic pulse has quickened
 GDP rose by 4.9 % a year from 2000 through 2008
The Young Continent

5.  telecommunications, banking & retailing are
flourishing
 construction is booming, private-investment
inflows are surging
 collective GDP at $1.6 trillion in 2008
 continent among the world’s most rapidly
growing economic regions
The Young Continent

6.  about 70% of Africa’s imports from the world
composed of high value manufactured goods
 top 5 imported products:
 machinery & equipment
 chemicals
 petroleum products
 scientific instrument
 foodstuffs
Import

7. Import
 main partner of imports  America
 some Asian countries became top trading partners

8.  imports of grains have been spread & increased
twice as much as in 20 years from 1991-2011
 main grains are wheat, corn & rice
Import
 17.3% of world grain imports is occupied by Africa

9. Export
 one of the main driving forces of growth is trade
 risen in terms of value since 2005
 top 5 exported products:
 palm oil
 gold & diamonds
 oil fuel
 cocoa & timber
 precious metals

10.  Europe is Africa’s largest trading partner
Export

11.  China’s share of trade exploded in the last
decade
Export

12.  exports to earn hard currency for imported capital
goods & to finance investments required to diversify
 used to reduce budget deficits, fund investments &
build foreign-exchange reserves
 Africa’s oil & gas exporters have the continent’s
highest GDP per capita
 Algeria, Angola, Chad, Congo, Equatorial
Guinea, Gabon, Libya & Nigeria
Export

13. South Africa

14. South Africa

15. South Africa

16. Future Outlook
 African countries become more politically stable
 average growth rate of 5.5 % of GDP expected
to continue
 reforms have been directed towards improving
competitiveness & investing in measures
 investment in infrastructure is being stepped up

17. Future Outlook

18.  future focus on 3 aspects in terms of
international trade:
1. Address supply-side constraints
2. Invest more effort in specific measures to
facilitate trade
3. Deepen regional integration
Future Outlook