The Fifth Estate - Kongossa Web Series 2013 - Jon gosier
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The Fifth Estate - Kongossa Web Series 2013 - Jon gosier

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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......

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.

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  • 1. THE FIFTH ESTATE Kongossa Web Series 21 Sept 2013, Montreal by Jon Gosier @jongos @appfrica
  • 2. THIS TALK IS NOT ABOUT THESE GUYS
  • 3. 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
  • 4. 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.
  • 5. 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)
  • 6. “Africa is not a place. It’s a space, a state of mind.”
  • 7. The Four Estates: 1) The Church, 2) Society, 3) Government, 4) The Press Africa’s Fifth Estate is a Connected Diaspora
  • 8. 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
  • 9. APPFRICA “Building the Future From Africa”
  • 10. 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.
  • 11. 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.
  • 12. ACCELERATOR
  • 13. 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
  • 14. 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
  • 15. STARTUP SUCCESSES
  • 16. ENTREPRENEURS-IN-RESIDENCE 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
  • 17. HOW DO YOU APPLY? 1 Do something awesome. We’ll find you. 2 Apply to an Apps4Africa Challenge. 3 Have a business model. (Seriously!)
  • 18. APPFRICA ”Building the Future from Africa” Jon Gosier jon@appfrica.com Appfrica.com D8A.com