Presented at: University of Toronto‘Experiencing Development in Africa’        On: 25 January, 2013
Scope of Presentation Introduction Perception and misconception about Africa & Why The Reality check Opportunities in...
Current perception about Africa   One country!   Lions and monkeys…and more animals!   Huts everywhere   Famine and dr...
Why the perception
WHY? Media agenda ‘Emotional blackmail’ and fund raising    communications by donor seekers & Western NGOs   Poor infor...
60+ FACTS& FIGURES ABOUT AFRICA Africa accounts for 90% of malaria deaths One in six children die before the age of five...
Facts…. Mostly ‘mono economies’- excessive dependent on    commodity exports and natural resources   The least diversifi...
Facts & … Corruption concerns Over $145 billion leaves the continent every year and    Africa’s political elites hold ov...
Facts… Agric. Sector employs over 65% of population Africa uses less than 5% of its annual renewable fresh    water   A...
Facts &… Over 80% of farmers in Africa are women Over 23m girls out of schools- world highest Over 100 million women us...
MORE ECONOMIC FACTS
More facts… the good Africa’s economy expanded by 4.7% in 2010 and is    expected to grow to almost 6% by 2013   Fastest...
Facts…. Home of the world’s biggest open markets- over 3m    daily to Nigeria Onitsha market   Six of the world’s fastes...
Facts… 2,375% growth in number of people with access to the    internet   Home of richest black person in the world- the...
Facts… Growing women influence Women entrepreneurs own over 25% of registered    businesses in Nigeria   Manufacturing ...
DARK & HOPELESS? NO!
Some unusual facts Large underground economy- almost two-  thirds of the formal economy (Global  underground economy arou...
Can investments fight poverty? The African paradox- poverty & splendor side by side Squandering of riches Role of Gover...
Unleashing theEntrepreneurial Spirit
Outlook & Conclusion-From Hopeless to Rising
VIDEOS …play http://impactofinformationsystemsonsociety.wordpress.co  m/2012/12/05/how-it-innovation-is-transforming-afri...
References  • http://www.globalissues.org/article/26/poverty-                         facts-and-  statshttp://www.un.org/e...
REFERENCES• http://blogs.hbr.org/cs/2012/03/what_africas  _entrepreneurs_can.html• http://impactofinformationsystemsonsoci...
References• http://www.bloomberg.com/news/2011-06-  28/clinton-tells-envoys-africa-economies-would-  fail-without-the-toil...
Thank you
Dr Phil Osagie Global Strategist of JSP Communications & specialist on Emerging Markets and Africa Email: emergingmarket...
Africa Then and Now
Africa Then and Now
Africa Then and Now
Africa Then and Now
Africa Then and Now
Africa Then and Now
Africa Then and Now
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Africa Then and Now

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Presentation by Dr. Phil Osagie, Global Strategist JSP Canada Communications Corporation for IDSA02, Experiencing Development in Africa

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  • Africa Then and Now

    1. 1. Presented at: University of Toronto‘Experiencing Development in Africa’ On: 25 January, 2013
    2. 2. Scope of Presentation Introduction Perception and misconception about Africa & Why The Reality check Opportunities in Africa Fighting Poverty with investments The future
    3. 3. Current perception about Africa One country! Lions and monkeys…and more animals! Huts everywhere Famine and drought Corruption and autocracy Darkness Guns and wars Inefficiencies and poor infrastructure Malaria, HIV and diseases Diamonds and oil
    4. 4. Why the perception
    5. 5. WHY? Media agenda ‘Emotional blackmail’ and fund raising communications by donor seekers & Western NGOs Poor information management by African nations Continental corruption The hard facts themselves ‘The law of Repetition and negative reinforcement-“What you hear repeatedly, you will eventually believe.”
    6. 6. 60+ FACTS& FIGURES ABOUT AFRICA Africa accounts for 90% of malaria deaths One in six children die before the age of five Measles takes the life of a child nearly every minute Over 12 million children orphaned by HIV Aids (UNICEF) Average water use and consumption is 20 litres a day (Compare 150 in UK and 600 in US and toilet use in UK) 547 million live without electricity
    7. 7. Facts…. Mostly ‘mono economies’- excessive dependent on commodity exports and natural resources The least diversified region in the world By 2025, one in every 4 young people in the world will be from sub Saharan Africa 72% of the youth population live on below 2$ a day Cost of investment finance and borrowing highest in the world Over 39 million children are underweight Nearly 400,000 women die from maternal deaths yearly
    8. 8. Facts & … Corruption concerns Over $145 billion leaves the continent every year and Africa’s political elites hold over $700billion in offshore accounts (AU) Someone dies of starvation every 3.6 seconds Less than 50% of the population have access to doctors Over 80% of farmers are women Poor infrastructure reduces productivity by over 40% 33% of population have no access to water Only 1 in 4 has access to electricity
    9. 9. Facts… Agric. Sector employs over 65% of population Africa uses less than 5% of its annual renewable fresh water Access to improved water supply is world’s lowest Highest urban population growth By 2030, almost 700 million will be in urban cities Africa’s small enterprises contribute more than 80% of output
    10. 10. Facts &… Over 80% of farmers in Africa are women Over 23m girls out of schools- world highest Over 100 million women use rudimentary farm tools Spend 2000 hours a year weeding Women still face severe cultural barriers Continent with the greatest amount of civil wars Cost of exporting and importing a container of goods is highest in the world- 4 times cost of China 30% of its infrastructure needs rehabilitation 95% of its hydro power still untapped
    11. 11. MORE ECONOMIC FACTS
    12. 12. More facts… the good Africa’s economy expanded by 4.7% in 2010 and is expected to grow to almost 6% by 2013 Fastest urbanization region in the world- 39.7 in 2005 to 53.5% in 2030 Produces over half of the world’s diamonds Over 50% of the world’s gold Collective GDP of $2.6 Trillion by 2020 Over 1.1 billion would be of working age by 2030
    13. 13. Facts…. Home of the world’s biggest open markets- over 3m daily to Nigeria Onitsha market Six of the world’s fastest growing countries in past decade ( Economist) Fastest growing middle class in the world- 60 million now and 100 million by 2015 Direct Foreign Investment up by 1000% over past decade ( $55 billion in 2010 alone) Mobile phone revolution- from 50m in 2002 to over 600m users- more than Europe and America)
    14. 14. Facts… 2,375% growth in number of people with access to the internet Home of richest black person in the world- the $13B cement king Aliko Dangote ( not Queen Oprah Wimphrey) Labour productivity on the increase Trade between Africa and rest of the world increased by 2000% since 2000 Inflation down from 22% in mid 1990s to below 10% Increased privatization and reducing central role of Government
    15. 15. Facts… Growing women influence Women entrepreneurs own over 25% of registered businesses in Nigeria Manufacturing exports up by almost 10% per year since 2000 Direct Foreign investment projects on the rise- over $900 billion FDI in 2011 alone Forecast to grow faster than any other region in the world Growing number of billionaires “Land of the low dangling trees”- record high margins
    16. 16. DARK & HOPELESS? NO!
    17. 17. Some unusual facts Large underground economy- almost two- thirds of the formal economy (Global underground economy around $10 Trillion) Work is not almighty! People find alternatives Informal merchants everywhere Anybody can start a business! Extended family social welfare system
    18. 18. Can investments fight poverty? The African paradox- poverty & splendor side by side Squandering of riches Role of Governments- need for new developmental frameworks Need for greater sincerity of purpose by corporate sector Call for redefinition of capitalism
    19. 19. Unleashing theEntrepreneurial Spirit
    20. 20. Outlook & Conclusion-From Hopeless to Rising
    21. 21. VIDEOS …play http://impactofinformationsystemsonsociety.wordpress.co m/2012/12/05/how-it-innovation-is-transforming-africa/ FACTS VIDEO http://youtu.be/5kamlf-uAHU FACTS. DID U KNOW? 1 http://www.youtube.com/watch?v=ELc4dv78G4c AFRICA CITIES BIG. 2 http://youtu.be/vddX4n30sXY KOFI GOAL http://www.youtube.com/watch?v=_gl_ZDDasAc AFRICA TIME. 3 23
    22. 22. References • http://www.globalissues.org/article/26/poverty- facts-and- statshttp://www.un.org/esa/analysis/wess/wesp201 1files/2011wesp_pr_africa_en.pdf• http://www.africaneconomicoutlook.org/en/outlook /http://www.oecd.org/document/16/0,3746,en_264 9_33731_48794320_1_1_1_1,00.html• http://www.mckinseyquarterly.com/Whats_driving_ Africas_growth_2601
    23. 23. REFERENCES• http://blogs.hbr.org/cs/2012/03/what_africas _entrepreneurs_can.html• http://impactofinformationsystemsonsociety. wordpress.com/2012/12/05/how-it- innovation-is-transforming-africa/• http://www.youtube.com/watch?v=_gl_ZDDa sAc 25
    24. 24. References• http://www.bloomberg.com/news/2011-06- 28/clinton-tells-envoys-africa-economies-would- fail-without-the-toil-of-women.html• http://www.liberationafrique.org/IMG/pdf/TJN4 Africa.pdf• http://www.unmillenniumproject.org/documents /3-MP-PovertyFacts-E.pdf http://www.economist.com/node/21541015• http://www.economist.com/node/21541008
    25. 25. Thank you
    26. 26. Dr Phil Osagie Global Strategist of JSP Communications & specialist on Emerging Markets and Africa Email: emergingmarkets@jspcanada.com, drphil@jspcommunications.com Tel: +14167296945, +2348035651565 Web: www.jspcanada.com, www.jspcorporate.com
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