So I like to think that the African diaspora, is the real Fifth Estate of Africa. They have the money, the political sway, the mobility, and personal security that allows them to truly affect change in Africa.
4. Challenging the Notion of ‘Good’?
Overwhelmingly the global social sector has defined what is ‘good’ for
Africa.
This term is generally used in regards to Charity, Goodwill, Human
Rights, Better Governance, NGOs, Aid, Travel, Cultural Exchange etc.
While these things are all good, they are the building blocks for what
is ultimately good for all nations: Prosperity
5. A Post ‘Aid vs. Trade’ World
What matters is how Africa can retain more of the wealth, raw assets,
and talent it yields to create lasting prosperity.
Where is the growth? How do we continue to support it? How do we
find it?
Reinvest in what works.
Invest in youth.
Invest in the future.
6. Annually, the global social sector spends over $200
billion dollars. Total foreign direct investment in
Africa was $46 billion in 2011.
$62 billion dollars in remittances to Africa annually.
46
200
62
Global Social Sector (AID)
Foreign Direct Investment (FDI)
Untapped Wealth
Remittances
140 million Africans living outside of Africa (commonly referred to as the African
diaspora). 44 million Black-Americans in the US (Africans more than two generations
removed) with spending power of nearly $1 trillion dollars. 24 million AfroCaribbean $47.4 billion (Combined GDP of Haiti, Jamaica, Barbados, Suriname, and Trinidad and
Tobago combined)
8. The Four Estates: 1) The Church, 2) Society, 3) Government, 4) The Press
Africa’s Fifth Estate is
a Connected Diaspora
9.
10. CREDITS
“The True Size of Africa” by Kai Krause
“The Fifth Estate” 2013 film. All images and clips are the property of DreamWorks,
Touchstone Pictures, Participant Media, Reliance Entertainment. All Rights Reserved.
CITATIONS
Wikipedia http://en.wikipedia.org/wiki/Estates_of_the_realm, http://en.wikipedia.org/wiki/
The_Fourth_Estate, http://en.wikipedia.org/wiki/Fifth_Estate
“How can Africa move away from aid dependence?” http://www.bbc.co.uk/news/worldafrica-22270164
“Black incomes are up, but wealth isn’t” http://www.pewresearch.org/fact-tank/2013/08/30/
black-incomes-are-up-but-wealth-isnt/
“Tapping Migration Wealth to Fund Development” http://www.un.org/africarenewal/
magazine/august-2013/tapping-migration-wealth-fund-development
12. Jon Gosier (CEO, USA)
Matt Griffiths (Partner,
UK)
Bahiyah Robinson
(Partner, USA)
Barbara Birungi
(Director, Uganda)
Brian Ndyaguma
(Operations, Uganda)
Lynn Kirabo
(Communications,
Uganda)
Ahmed Maawy
(Software Developer,
Kenya)
ABOUT APPFRICA
Our staff includes a seven person team spanning three continents,
with team members in the United States, United Kingdom, Kenya,
and Uganda.
We’ve received recognition for our work from TED Conferences, the
O’Reilly Strata conference (the world’s biggest data conference), the
Paley Center, the Knight Foundation, Harvard Initiative for Global
Health, Salisbury Trust and the U.S. Secretary of State.
13. HOW DOES APPFRICA MAKE MONEY?
1
We help multinational technology corporations reach
African consumer markets. Software Development. Market Research. Product Testing.
Data & Analytics. Sourcing Talent.
2
We help African companies reach foreign consumer
markets.
3
We invest.
16. APPS4AFRICA (2010 - 2013)
19
Investments
12
African Countries
11
Still Active
Total Invested
$150,000 USD
Avgerage Follow-on Funding
$90,909 USD
Participants Have Raised Nearly
$1 Million USD
PARTNERS
U.S. Department of State, Google, Microsoft, Lions@frica, AfriLabs,
VC4Africa, TED, HiveColab, DEMO Africa, Indigo Trust, SpotOne
Global, The World Bank, Unreasonable Institute
17. OUR INVESTMENT PORTFOLIO
Assane Seck
Ecofund.org
Emanuel Attah
Farmerline.org
Barbara Birungi
Nakazade
Ahmed Maawy
SiftDeck
OpenSIM Kit
Titus Mawano
Ffene.com
Su Kahumbu
iCow.co.ke
Eliot Pence
Upstream Analytics
Francis Onwumere
ProWork.me
Eric Mutta
MiniShop
William Senyo
SliceBiz