The document discusses Finpro's growth market programs in Africa and India. It notes that Finpro has trade centers in major cities in India and across Africa to support companies. Six of the ten fastest growing economies are currently in Africa, which is urbanizing rapidly. India is also experiencing rapid urbanization and is one of the largest growing economies. The document provides an overview of opportunities in key African and Indian markets like Kenya, Nigeria, and the growth of the Indian economy.

1. Rohkeasti Kasvumarkkinoille
Finpro Kasvumarkkinaohjelmat
Afrikka & Intia
Helsinki 23.10.2012
Seppo Keränen
IMEA Region (India, Middle-East, Africa)

2. Finpron vientikeskukset (7)
• Intia: New Delhi, Mumbai, Chennai
• Afrikka: Etelä-Afrikka, Kenia, Nigeria, Egypti.
Intia
Kiihtyvä
kaupungistuminen
tarjoaa
Afrikka mahdollisuuksia
Kuusi kymmenestä Yksi suurista
nopeimmin kasvavista
kasvavasta talouksista
taloudesta
Afrikassa

3. Africa
3

4. Colonial Africa - languages
/4 / © Finpro ry

5. Africa – Regional Integrations
/5 / © Finpro ry

6. African countries are among the
fastest-growing economies
• Six of the 10 fastest-growing
economies in the world are in
Africa
• Now the home of the world’s
fastest-growing economies and
has more rapidly developing
economies than any other
continent
• Africa has now begun the long-
awaited period of catch-up with the
developed world
• Today, Africa has richer export
markets to pick from not just in
North America and Europe, but
also across an increasing number
of Asian countries
(New Africa Analysis 07/2011)
23/10/2012 © Finpro 6

7. African countries are among the
fastest-growing economies
• Collective GDP is estimated
to reach $ 2.6 trillion in
2020 (now 1.6)
• The consumer spending is
estimated to reach $ 1.4
trillion in 2020 (now 860
billion)
• 50 % of the Africans are
living in cities by 2030
23/10/2012 © Finpro 7

8. The Growth of Indian Economy in Numbers
• The GDP is estimated to
reach $ 5.6 trillion in 2020
• Consumer spending is
estimated to reach $ 3.6
trillion in 2020
• 590 million Indians will be
living in cities by 2030
• The number of Internet
users will reach nearly 700
million by 2020
23/10/2012 © Finpro 8

9. Kenya - East Africa’s Business Hub
Transport Hub Political Hub
E.g. Jomo Kenyatta International UN and Other International
Airport & Main East African Ports in Organisations Headquarters
Lamu & Mombasa
Commercial Hub Regional Hub
ICT, Agriculture and Retail Sectors Member of EAC and COMESA

10. Nigeria – West Africa’s business hub
• 10th world largest reserves of oil and gas
• 1st among the N-11 leading ‘global growth
generators’ over the next 40 years
– Prospects of growing its global GDP share to 2.5% in
2050, overtaking Italy, France, and UK
• One of the largest ever energy sector privatisation
process has commenced (targeted power
production from around 5,000MW now to
40,000MW
• Sweden’s direct exports to Nigeria are almost 30
fold compared to Finland
© Finpro 10

11. Africa – drivers of the development
• Drivers of the boom
– Population growth and urbanisation
– Mining and oil boom
– Tourism sector growth
– BRICS presence, especially China & India
• Political and regulatory issues
– Economic and financial services including credit
availability and accessibility
– Legal framework and fiscal policies
– Sustainable development policies
(environment, society and economy)
23/10/2012 © Finpro – East Africa 11

12. Team Finland in Africa
• 4 Finpro Trade Centers
• 12 Finnish Embassies
• 14 consulates (Honorary)
• 5 long-term ODA partners
(Official Development Assistance
long-term partner countries: Ethiopia,
Kenya, Mozambique, Zambia, Tanzania)
/ 12 / © Finpro ry

13. New Gateways to Africa
Suomi – Kiina - Afrikka
Suomi – Intia – Lähi-itä
-Afrikka
Suomi - Brasilia - Angola -
Mosambik
© Finpro 13

14. Thank you !
Seppo.keranen@finpro.fi
http://www.linkedin.com/profile/view?id
=88580602&trk=tab_pro
www.finpro.fi
www.facebook.com/FinproRy
www.twitter.com/FinproRy
www.slideshare.net/FinproRy
23/10/2012 © Finpro 14