1. Improving Standards in Packaging & Access to Equipment
Presentation by Macauley Atasie
CEO, Nextzon Business Services
at the 2018 Agroinvestment Summit, Abuja

2. Outline Overview Key Success Factors
Export Challenges faced by African businesses
Improving standards in exporting & access to equipment…Nextzon points of view
EU Intervention

4. LESS Overview Economic Growth National Productivity Imports for
Local
Consumption
Strong Economy
Rising GDP
High Purchasing power
Strong currency
Developed Nation status
Imports for
Consumption &
Production
National
Productivity
LESS
Export
Market

5. (Sell “little” to the world, hence poor currency value)
The truth about us…
High on consumption
(Local + Imports)
Weak Fragile Economy
Bad Situation – a cycle of poverty persists
Too poor to pay well for anything
But there is a ray of hope…
Low on Production
(Sell “little” to the world,
hence poor currency value)

6. … But with a good potential
Low cost labourers
(Per capita GDP $1.994*) (
Young, large and growing population
(55.6% of total population)
A strategic focus on export could drive massive & rapid economic growth leveraging the above
*IMF May 2018
*NPC, 2018

7. However, African Countries face major challenges in Exporting Overseas
Poor or lack of standards
Lack of market access
Lack of competitiveness around
Production / Supply capacity
Infrastructure
Information
Institutional support - Incentives
Capacity to meet EU’s stringent quality and packaging requirements.

8. Crude Materials except fuel
Traditionally, major Products exported by African Countries to Europe …
According to a 2016 Eurostat report, the following are major exports to Europe in 2016 01 02 03 05 04 06
Oil. Fats & Waxes
862 million
Beverage and Tobacco
1.2 billion
Crude Materials except fuel
6.7 billion
Food & Live Animals
16.2 billion
Energy products
61.5 billion
Chemicals
4.3 billion
Data Source: Eurostat/ figs in euro

9. But new opportunities are possible…03 01 02 04
Software Coding
Nigeria’s software industry worth $18 billion (2018)
Global software industry worth $3 trillion (2018)
Fintech / Lifestyle Solution
Fintech investments in Africa hit $800 million (2018)
Piggybank, Paga, Remitta are examples
Outsourcing
Nigeria’s Business Process Outsourcing market worth $300 million (2017)
Global business process outsourcing market projected to worth $343 billion by 2025
ICT driven
Global spending at $3.7 trillion (2018)
Investment in Nigeria ICT industry currently at $35 billion
Data Source: IDC

10. Also 3 African countries account for major export volumes to EU …
The EU is the most open market for African exports. Most African countries export to the EU on a duty-free quota-free basis, Everything-But-Arms through EU trade policy – Economic Partnership Agreement (EPA)
2016
Today
Africa as a whole accounted for 7% of EU-28 imports
The main product group exported to the EU-28 was crude oil and natural gas
2015
Data Source: Eurostat

11. To grow Standards in packaging & access to equipment …
Nextzon Points of View
1.Enthronement of cost and value competitiveness
2.Clear national focus on high demand
export goods & services
Natural competitive advantage
Historical competitive advantage
Knowledge of said advantage may
be new to us. For example software coding.
Eliminate productivity challenge of power supply,
internet capabilities, roads/access to ports, multiple taxation,
access to finance, packaging excellence, standardization
By clustering to quarantine excellence
Industrial Clusters
Innovation or ICT hubs
Business clusters
Driving Export expansion grant activities
Improving trade relations with target countries

12. To grow Standards in packaging & access to equipment …
Nextzon Points of View
3.Visibility of a market capable of affording
such products & services
4.Mindset shift by all to the opportunity
Access to data on the critical opportunities
Local business market
International market
Capital Providers
Farmers or other SMEs
Merchants
Regulatory bodies
The EU participants

13. To grow Standards in packaging & access to equipment …
Partner to build clusters in Africa
Focus Capital
Private Equity
Venture funds
Development agencies
Support African producers to meet its sanitary & Phytosanitary Standards
Drive capacity of African producers
Strengthen
Information exchange
EU INTERVENTION

14. Walking with you to the Next Frontier
Contact Us
Welcome to Our world
Walking with you to the Next Frontier
For further information: please contact
Mac Atasie
Managing Director/CEO
Nextzon Business Services Limited
Segun Olukoya
Executive Director
Nextzon Business Services Limited
Okechukwu Nzekwu
Head, Public Sector North & Agric
Nextzon Business Services Limited
Consulting Nextzon is a good business strategy…