Current view of the custody markets of Africa Keeping Abreast of Infrastructural Challenges in the Emerging and Frontier Markets of Africa

1. Africa Securities Summit
Keeping Abreast of
Infrastructural Challenges in the
Emerging and Frontier Markets of
Africa

2. “The Worst Economic Tragedy of
the 20th Century”
• 2004 quotation
• Resurgence in interest may suggest an
economic transformation in the region
• Risks still remain for investors
• Post 2008 Mauritius, Botswana and
Malawi are top performers in implementing
reform
• Rwanda was the world leader in reforms
• Unstable States threaten regional stability
• World Bank - Africa faces an annual
$23bn financing gap to build infrastructure
• Corruption remains a scourge

3. Notable Quotations
• “Africa to grow faster than Asia did at the
equivalent stage of its take-off”
• “Call us crazy, but when we look at Africa
we believe this will be the fastest growing
part of the world”
• “We believe that the highest investment
returns will be from this part of the world
over the next 20 years”

4. SSA has become the Region to
Invest
• Strong market growth
• High GDP
• Huge natural resources
• Low sovereign debt levels
• Rise in inter-regional trade
• China increasing investment & trade ties
• Huge opportunities in power, road &
telecoms
• Progress recorded in the fight against
corruption

5. Custodian Interest Straw Poll
• Active interest:
• Monitoring: