1. THE SUB-SAHARAN AFRICAN AGRICULTURE SECTOR © Phatisa 2014 2014 { { PRIVATE EQUITY IN SUB-SAHARAN AFRICA Stuart Bradley FOUNDING PARTNER, PHATISA

2. The agri sector Sub – Saharan Africa © Phatisa 2014 EMPEA - Data as of 30 September 2013. Published 29 October 2013.  Global food production must increase 70% by 2050.  Africa’s food import bill at over US$ 40 billion p.a.  Africa has about 12% of the world’s arable land - 80% of it is uncultivated, only 7% is irrigated (compared to 40% in Asia).  Low maize yields at 1.2 tonnes per hectare versus 3 tonnes in rest of emerging markets.  Fertiliser consumption only 13 kg per hectare versus 190 kg in East Asia & Pacific.  Africa is ripe for a green revolution. DID YOU KNOW? It is estimated that Africa has < 50 tractors/100 km 2 of arable land, whereas for Asia, that number is three times this…

3. PALM OIL POULTRY FMCG KANYENDA FARM KAFUBU FARM Platform approach INPUTS © Phatisa 2014

4. Stuart Bradley Senior Partner Phatisa Group Email stuartbradley@phatisa.com A PROUD MEMBER © Phatisa 2014 www.phatisa.com { {