Tingo, Inc. (IWBB) Corporate Media Kit

The continent continues to attract global investors 91.7 65.1 Africa FDI Flows ($'bn) 91.5 82.1 75.5 0 20 40 60 80 100 2014 2015 2016 2017 2018 On average $80bn of new investments in Africa every year Investments have shifted away from extractive industries into consumer-oriented sectors 19 28 31 32 50 49.2 48.4 49.3 46.1 48.4 44.4 26 23 29 30 27 30.6 34.2 35.4 40.7 27.4 32.3 55 49 40 38 23 20.15 17.3 15.2 11.3 24.1 22.5 2008 2009 2010 2011 2012 Services 2013 Industrial 2016 2017 2018 Sector share of Total FDI (%) 2014 2015 Extractives “What really attracts FDI are large and stable markets with growing middle classes that have disposable income” Matthew Stephenson World Economic Forum EY, FDI Intelligence 7