1. An emerging leader and developer of Green Alternatives for Bio Energy And Agricultural Food crops in Africa Developing a BioEthanol Refinery from Cassava for Zambia

2. About GroAfrica GroAfrica Limited is a Zambian agricultural and green energy based company with a primary focus to develop a bio ethanol refinery based on cassava feedstock. GroAfrica has sourced an over abundance of cassava in Zambia that far exceeds consumption. We have developed a hub and spoke model for collection points from +40,000 cassava farmers, which will be peeled, chipped and transported to a 100 HA Refinery lot owned by the Company. The Zambia market under Government mandated fuel blending is 70M litres a year. GroAfrica plans with a modular refinery to produce initially 15M litres, and ramp up over time as downstream markets are developed.

3. Why GroAfrica GroAfrica is a diversified bio energy and agro company in a stable Zambia with expansion planned through out southern Africa Plans to be the first bio ethanol refiner in Zambia with a Zambia Government mandate to blend all fuels with ethanol THE POSITIVES  Feedstock is secure with 45 supply co-op contracts.  Over abundance of feedstock ( cassava) touching only 3% of market, so no negative food for fuel impact concerns  Creating a new market to help 45,000 small scale farmers  Be main supplier of ethanol to Government blending refinery  Downstream diversification markets ( clean cooking etc)  Land secured for plant/refinery and Company’s own plantation for long-term feedstock supply  Agricultural diversification business/revenue streams  ROI of 44%, IRR 31%  Experienced collaboration proponent partners engineers

4. About Zambia  Republic of Zambia, 50 years of independence  Population 13.8 M  Area = 752,614 km ²  Language English, Bemba  Main exports Copper, Minerals, Agricultural  Top 5 copper producing country  GDP growth 6.7%  Fraser Institute Economic Freedom rank of 38 th (7.6 on a scale to 10), 2012 Euro area Government debt to GDP Zambia Government debt to GDP

5. PRESENTATION NAME Company Name Zambia The Market Our objective is to become the first Zambian Bioethanol producer from Cassava Primary Market – Fuel blend mandate in Zambia, reduce it’s import Secondary – Power Generation/Electrification Tertiary – The Cookstove market in Zambia ( to replace charcoal source cooking)

6. PRESENTATION NAME Company Name Zambia Location Zambia, Farm area and Rain fall Our objective is to become the first Zambian Bioethanol producer from Cassava

7. PRESENTATION NAME Company Name Cassava Our objective is to become the first Zambian Bioethanol producer from Cassava

8. PRESENTATION NAME Company Name Cassava  Cassava is the 4 th largest staple in the world after wheat, rice and maize  About 500 million people around the world depend on cassava as a staple food  Cassava is the 3 rd largest source of carbohydrates in plants used for food in the world  Planting of cuttings to maturity and first yield is 16 months, but is resilient and can stay in the soil up to 4 years

9. PRESENTATION NAME Company Name Cassava Benefits as a feedstock  Cassava has the highest known rate of sucrose synthesis of any plant surveyed to date (80-90% Carbohydrates-3.05Mcal/kg)  Potential starch yields are greater than most other starch producing plants when grown under ideal conditions (90 tons FW/hectare)  Cassava is drought tolerant  Cassava grows well even in poor soil conditions  Cassava is protected from most pests and herbivores by cyanogenic glycosides  Cassava requires little maintenance or labor in the field

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11. PRESENTATION NAME Company Name Bio Ethanol Refinery Process

12. PRESENTATION NAME Company Name Bio Ethanol Process

13. PRESENTATION NAME Company Name Bio Ethanol Refinery Process Source: GroAfrica Business Plan

14. PRESENTATION NAME Company Name Project Site – Google Earth 100 HA Plant site acquired by GroAfrica

15. Executives Paul Lemmon – CEO - is Founder, CEO of GroAfrica Ltd. He is a Professional Geologist licensed by the Association of Professional Engineers and GeoScientists in Canada. Paul is a member of the Prospectors & Developers Association of Canada, The Canadian Institute of Mining, and Canadian Geological Association. Paul is a Fellow of the Geological Society of London UK, the licensed body for professional Geoscientists in the United Kingdom. Paul is also a Professional Graduate of United Kingdom’s Institute of Materials, Minerals and Mining, and a Registered Professional Natural Scientist in South Africa. Paul is Director, Chief Geologist of Copperzone Resources Ltd, CEO of Great Rift Valley Energy Ltd (Tanzania). Paul's resource based experiences in Africa date back to 1991. Rabby Kamukwamba - COO is a successful Zambian businessman with real estate, development and other industry enterprises. He is also Country Manager and Director of Copperzone Resources (Zambia) Ltd a copper exploration company with 2 Major mining companies as JV partners. Rabby holds several Directorships in resource based companies

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18. Advisors

19. Engineering Collaboration Partners WSP Global WSP Global is a diversified group of engineers, scientists, technicians consultants and academics, with approximately 32,000 employees globally in 39 counties. WSP has significant experience in Zambia.

20. Pro-Formas Source: GroAfrica Business Plan – please seek full financials Year 5 Summary of FinancialsBaseOptimisticPessimistic Turnover$63,020,800$64,627,800$61,413,800 Cost of Turnover$38,452,221$37,122,441$40,125,931 $24,568,579$27,505,359$21,287,869 Operating Costs$13,027,406$12,020,701$14,033,994 Profit Before Tax$11,541,173$15,484,658$7,253,875 Profit After Tax$11,541,173$15,484,658$7,253,875 Debt to Equity Ratio 0.20 0.14 0.34 Total investment$18,800,000 ROI (average per year over 10 years)44% IRR Over 10 years31% Payback Period Ordinary 5.22years Discounted 5.64years Financial Performance Results IRR31.29% PI3.44 NPV at WCC$45,929,375 Discounted Pay Back period (Years) 5.64 GroAfrica is seeking a financing of debt/equity of $25 Million.

21. PRESENTATION NAME Company Name DEVEX IMPACT GLOBAL VIEWS #FEEDINGDEV A Global Initiative with How Africa can help feed the world ’ s 9 billion people in 2050 By Jessica Ernst17 JulyJessica Ernst GroAfrica’s Agricultural Division GroAfrica plans and in growth  Growth of Moringa as super food supplement ( Capsules to be sold in Q2 2015)  Growth of Guar beans for fracking  Growth of rapeseed and Soy to address the $150M p.a. shortfall of cooking oils in Zambia

22. Cassava and cassava Ethanol downstream markets GroAfrica has developed a business model to execute for ethanol cookstoves, and ethanol consumer markets in and out of Zambia.

23. Why GroAfrica GroAfrica is a diversified bio energy and agro company in stable Zambia with expansion through out southern Africa Plans to be the first bio ethanol refiner in Zambia with a Zambia Government mandate to blend all fuels with ethanol THE POSITIVES  Feedstock is secure with 45 supply co-op contracts.  Over abundance of feedstock ( cassava) touching only 3% of market, so no negative food for fuel impact concerns  Creating a new market to help 45,000 small scale farmers  Be main supplier of ethanol to Government blending refinery  Downstream diversification markets ( clean cooking etc)  Land secured for plant/refinery and Company’s own plantation for long-term feedstock supply  Agricultural diversification business/revenue streams  ROI of 44%, IRR 31%  Experienced proponent partners engineers

24. PRESENTATION NAME Company Name Contact: UK: +44 – 203.239.4070 info@GroAfrica.com www.GroAfrica.com An emerging developer of Food Crops and feedstock Green Alternatives for Energy in Africa