Grow Africa Business Champions Second Conference Call

1. Grow Africa Business Champions Second Conference Call March 27, 2012 from 09:00-10:00 EST / 15:00-16:00 CET Dial-in Details: Switzerland dial-in: 0800 562 604 or +41 448 009 450USA Dial-in: +1 866 248 6013 or +1 718 354 1170Participant passcode: 763 383 87 #Other local dial-in numbers: www.btconferencing.com/weforum/globalaccess In case of problems: Contact Eva Fowler on office tel +1 212 703 6619 or mobile +1 646 201 6946

2. Agenda • Update from the Ministerial meeting in Kigali, March 19 and 20 • Country preparations • Company engagement • Program for Grow Africa Investment Forum in Addis Ababa • Discussion – opportunity to coordinate and to share plans

3. In many ways, the Grow Africa partnership resembles a work-in-progress jigsaw puzzle requiring ongoing interaction across stakeholders • Countries • Investment blueprints • Policy priorities • Partnership platforms • Companies (Intl/Regional) • Investment proposals • Operating environment barriers requiring improvement • Grow Africa events: • Preparatory milestones • Addis Forum • G8 side event • Ongoing events … • Donors • Support for country priorities • Support for improving operating environment barriers • Companies (Local) • Investment proposals • Operating environment barriers requiring improvement

4. We have begun a journey involving key stakeholders with many milestones Grow Africa Forum Addis Ababa AGRF Davos 2012 Davos 2013 AU Summit 1 Country planning: investment blueprints, operating environment policy priorities, public-private partnership platforms 2 International, regional and local company engagement & commitments 3 Donor engagement & commitments 4 Event preparations & coordination

5. Country planning 1 Rwathiopia’s investment climate, central location, agro-climatic conditions and strong institutions combine to create unique agribusiness investment opportunities Economic performance and investment climate: As are result of sound macroeconomic management and a competitive business environment, FDI inflows doubled in three years reaching $158 million in 2011 Competitive positioning in agribusiness: Rwathiopia’s central location and large domestic market favor staple crops for local/regional consumption; its climatic conditions support competitive high value crops Priority agribusiness value chains: Based on value chain competitiveness and social impact six value chains have been prioritized for investment; three specific investment have been identified Specific opportunity: The processing and canning of beans provides an opportunity to capitalize on Rwathiopia’s competitive position in a growing consumer market, while having a high social impact Initiatives to support investment: Rwathiopia’s Agricultural Development Transformation Board will provides investment facilitation as well as coordination of multiple government and donor support programs

6. Country preparation 1 Action Date • Country delegation participant list • Send your country’s list of participants to the AU and WEF • Suggestions for local/regional company invitees • Suggestions should be active investors in at least 2 Grow Africa countries • List to be finalized by AU & WEF by early April • March 30th • Country briefing call I • Update on progress & preparations • 1p GMT / 4p East African Time • April 11th • Country briefing call II • Update on progress & preparations • 1p GMT / 4p East African Time • April 25th • 2-page summary of country presentation to be sent to WEF – included in “teaser” document to be sent to participants • April 29th • Individual country calls with international companies • Ongoing in April 6

7. Update on international company outreach 2 • Over 40 companies (all NVA companies plus additional international & regional companies who are active in Africa) have been invited to submit investment ideas ahead of the May Addis Forum and G8 event • Approximately 15 companies are in active discussions to define potential commitments • 8-10 companies will most likely be at a stage where they are comfortable with sharing commitments at the G8. During the next month, participating companies are asked to: • Refine their proposals by next week • Engage with target countries to explain their projects and their “asks” and make time for 2-3 additional discussions throughout April • Discuss potential project needs with G8 donors, especially USAID as the lead organizer for the G8 food security event (if needed) • Companies not participating in the above process are encouraged to develop their own commitments over the next 6 months, perhaps in partnership with other companies. The May 9th Grow Africa Forum in Addis is a good starting point.

8. Emerging insights on the current mindset of international companies 6 5 4 3 2 1 7 2 • 80% of companies are “shapeable” – they are well-intentioned and motivated but are also low on overall understanding and worried about various risks • Each company has room for 2-3 serious, long-term country engagements – there is long-term strategic interest but limited short-term bandwidth • Companies should be asked to contribute their talent and change energy for the broader journey, in addition to standard investments and technological contributions • Many companies are also open to a “let’s start dating model” using pilots, etc - in the grand scheme, these are not huge bets for companies and they are willing to get going in partnership if there is a spirit of compromise • “Safety in numbers” can help – a set of private sector players and donors collectively committing across a value chain significantly de-risks investments • Significant interest in a “one-stop shop” country contacts to help companies navigate unfamilar territory. Also, value in transparency of commitments and an agreed-upon escalation structure to resolve disputes • Large value in predictability and consistency of rules and regulations to manage volatility and risk - level playing field and consistent application of policy more important than tax breaks and subsidies Source: Interviews; team analysis

9. 4 6 7 5 3 2 1 ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü ü 2 Initial discussions with international companies on their African investment plans revealed “asks” across each of the seven focus areas PRELIMINARY Classification of company requests of government Burkina Faso Ethiopia Ghana Kenya Mozambique Tanzania Rwanda Area Global and inter-regional trade Policies and procedures that provide access to land Investment incentives including taxation and risk mitigation measures Last-mile infrastructure Catalytic and innovative finance ü ü ü ü ü ü ü ü Access to productive inputs Regional security ü ü Source: Team analysis 9

10. The Grow Africa Investment Forum OverviewMay 9, 2012 from 09:00 – 18:00 hrs followed by dinner 19:00-21:00 hrs African Union Headquarters, Addis Ababa, Ethiopia 4 • Goals: • The event aims to catalyze new partnerships, investment commitments, and insights among • participants • Participants: • Approximately 200 high-level leaders of global, regional and national business, African and other governments, international organisations, civil society and farmers’ organisations. • Private-sector representatives will be drawn from a wide range of industries including agriculture, food & beverage, retail & consumer, financial services, IT & telecom, and infrastructure. • Programme: • Ministerially led delegations of public and private sector partners from seven countries will present agricultural investment and partnership opportunities in Tanzania, Mozambique, Ethiopia, Kenya, Rwanda, Ghana, and Burkina Faso. T • he day-long programme will feature interactive dialogue among investors and country delegations; and best practice exchange on enabling sustainable investment and building partnerships. • Investment Opportunities: • Opportunities presented at the Forum will include agricultural production, trading, and processing; as well as development of key infrastructure and services (transport, energy, communications, information) to empower farmers and enable agriculture-sector growth. 10

11. Grow Africa Investment Forum – Preliminary Draft Programme 4 • Note: Preliminary draft for discussion and feedback; subject to change • Tuesday, May 8: • 14:00 – 18:00 hrs Preparatory briefings for country delegations 18:00 – 19:00 hrs Welcome reception for participants (tbc)Wednesday, May 9 • 09:00 – 10:45 Opening Plenary Session • -- Official Opening (15 min) • -- Panel 1: Creating Transformations (45 min) -- Panel 2: Attracting Investment (45 min) • 10:45 – 11:15 Coffee break • 11:15 – 12:15 Country-specific discussions, Round 1 • (1 breakout room per country; investors decide which to attend) • 12:30 – 13:30 Cross-Industry Luncheon(finance and IT/Telecom focus; table discussions) • 13:45 – 14:45 Country-specific discussions, Round 2 • 15:00 – 16:00 Country-specific discussions, Round 3 • 16:30 – 18:00 Closing Plenary Session with Heads of State -- Country reports & business feedback (45 min) -- Next Steps & Action Agendas (45 min)19:00-21:00 Closing Dinner with Heads of State