Grid2Grid, LLC., continues to see significant advances in the African markets in which it
operates. Business continues to grow in its core areas, primarily in agricultural exports, energy commodities, renewables, ICT, blockchain and impact investments. However, there have been numerous challenges to deal with during the last two years. For example, in agricultural commodities climate change across Sub-Saharan Africa (SSA) has contributed to falling yields of some key exports. Other challenges include ageing farmers with many young people leaving the country side for larger cities particularly in the cocoa sector. The high cost of local financing as well as unstable FOREX has also acted as an impediment. Meanwhile heading into the next three quarters of the year international policy dislocation which began in January will likely continue to hasten many more countries in SSA as well as emerging Asia to focus more in building internal capacity without external assistance; as well as to look for new partners and models for cooperation in business. G2G continues to develop its projects across SSA with increased intensity and will be working with its partners, clients and stakeholders to help expand the foot print of the continent internationally.