Africa is experiencing the longest period of sustained and robust economic growth since the 1960s.

1. AFRICA’S THIRD ACT
WHY THE CONTINENT MATTERS NOW MORE THAN EVER
Jon Gosier

2. ROLLINS COLLEGE
“Africa’s Third Act: Why the Continent Matters Now More Than Ever”
01/27/15
Jon Gosier
jon@gosier.org

3. Colonialism
1800-1900’s
Extraction
1900-2000’s

4. Capitalism/Growth Geopolitcal Positioning

5. GROWTH, MORE THAN RHETORIC
McKenzie expects 25% rise in number listed
African companies in 2015. They rose 30% in
2014.
Africa is experiencing the longest period of
sustained and robust economic growth since the
1960s.
The continent’s economic output has risen
almost fourfold since 2000 to over $2 Trillion in
2014.

7. AFRICA ACCELERATES PAST ASIA
No. of Countries Growing at 7% avg. Africa’s economic output (in billions)
Diversification and
Industries Driving Growth

8. GROWING CONSUMER MARKETS
327 million Africans have moved into the
middle class* (34% of the continent’s
population). Of that group, 128 million belong to
a more stable middle class while 44 million are in
the upper class.
Africa’s middle class has grown 183% since 1980.
* In this context, middle class is defined as being individuals who have an
average daily per capita expenditure of between $2 and $20 per day or
an annual income exceeding $3,900. The middle class is projected to
grow to 1.1 billion (42% of the population) by 2060.
34%
66%
African Middle Class
0
200
400
1980 1990 2000 2010

9. DIASPORA, AFRICA’S GLOBAL LEVERAGE
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.
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 Afro-
Caribbean $47.4 billion (Combined GDP of Haiti, Jamaica, Barbados, Suriname, and Trinidad and
Tobago combined)
200
62
46
Global Social Sector (AID)
Foreign Direct Investment (FDI)
Remittances

10. EBOLA DEEPLY | eboladeeply.org

11. 1. Information Intervention (News + Data + Outreach)

12. 2. Use Data and Mobile to improve Africa’s understanding of Ebola.

13. Predicting Macroeconomic Trends
Through Real-Time Mobile Data Collection

14. Does real-time consumer
spending data predict
macro-economic
trends?

15. Mombasa, Kenya

16. * Surveys via Mobile Phone and SMS
* Accounted for pricing bias
* Collected sales data from vendors
instead of consumers
* Tested correlations against macro-
economic indicators like Gross Domestic
Product, Purchasing Power Parity,
Inflation, Foreign Direct Investment,
Debt and others.
Methodology

17. ROLLINS COLLEGE
“Africa’s Third Act: Why the Continent Matters Now More Than Ever”
01/27/15
Jon Gosier
jon@gosier.org

18. CREDITS
“Predicting Macroeconomic Trends Through Real-Time Mobile Data Collection”, Jon D. Gosier
“Health Intelligence: Predicting the Number of Cases from the Ebola Virus Disease Outbreak in Countries with
Widespread and Intense Transmission”, Martinez Piedra
“Private Equity Roundup — Africa”, Ernst and Young
EbolaDeeply.org

19. AFRICA’S THIRD ACT
WHY THE CONTINENT MATTERS NOW MORE THAN EVER
Jon Gosier