The document proposes a Technology Acquisition Fund (TAF) to help finance infrastructural development in developing nations. The TAF would collect tax-deductible contributions from major technology companies given the industry's significant growth. It estimates developing nations require $93-175 billion annually for infrastructure but only receive $40-83 billion currently. The TAF would identify viable development projects to fund using proceeds from technology product sales and services. Challenges include getting government adoption and regulations, matching funds to specific nations, and reluctance of tech companies to contribute.

1. TECHNOLOGY
ACQUISITION
FUND (TAF)
for
Developing nations
United Nations SDGs 2016-30: Using
Technology to Finance Infrastructural
Development
By - Agunbiade Seun Richards,
December, 2015

2. Content Layout
• Overview
• Proposal
• Global Facts on Technology
• Infrastructural development needs
• Source and Usage of Fund
• Methodology
• Challenges
• Conclusion

3. Overview
According to the Joint report (2013) of 31 multilateral and bilateral
development finance institutions, finance availability is likely to
continue to be a critical issue in developing countries for over the
next decade. This is because of the significant increases in expected
investment demand, as the growing economies in the developing
world are likely to be in continuous need of huge investment capital
for enormous infrastructural development purposes beyond what the
public sector alone can meet.
As a result, we need to seek new sources of funds through the private
sector.
In this proposal, we are seeking funds from the technology industry.

4. Proposal
In the last two decades, the technology industry has recorded the most significant
and perhaps highest growth in the industries, so much that the IT sector itself
dictates how fast and far any other industry can grow. This trend is not likely to slow
down in the two decades, with the advent of newer technologies that will drive
global economies in all facets of human endeavor.
Thus, it is wise to tap into the latent pool of resources that we stand to derive, if we
harness our strategy to bring the much needed trillions to drive development across
the developing and under developed economies.
This can be achieved by developing a financial instrument in the form of a
“Technology Acquisition Fund (TAF)” where tech companies contribute tax-deductible
funds to drive the needed development across the globe.

5. Graph showing the growth in the use of technology

6. Retrospect, Present and Forecast of connected devices
Source : IDC, 2015

7. Global Spending on IT is ever increasing
With emerging
technologies like Big data,
3D printing, Robotics,
Cloud computing, Online
ads, machine learning
software and Internet of
Things (IoTs), the
expected spending cum
revenues will double in 5
years.
Rapid population growth
in developing nations will
contribute to global spend
and adoption of new
technologies.

8. Hype Cycle for Emerging Technologies, Gartner 2014

9. Infrastructural development funds needs
According to IFC report, the estimates of annual capital investment
needs of the developing nations are stated below :
1. $93 billion per year in Sub-Sahara Africa for infrastructure
(with only $40 billion currently being invested).26
2. $140-175 billion per year for climate change mitigation in
developing countries by 2030.27
3. $83 billion per year in agriculture in developing countries.28
4. $25–30 billion in Sub-Saharan Africa for hospitals, clinics
and medical distribution warehouses.29

10. Business Infrastructural Requirements / Obsatacles

11. Sources & Usage of the Technology Acquisition Fund
Classes Classification Global fund contribution
Developing & High income
Nations
High-density populated nations
E.g. India, Nigeria, Indonesia, Brazil,
Turkey, Mexico,
Estimated 50% of global
funds
Most funds will be
generated.
Developing & Middle-Income
Nations
Mid-density populated nations
E.g. Poland, Philippines, Egypt, Ukraine,
Vietnam, Bangladesh
Estimated 30-35% of global
funds
Less fund will be
generated.
Least developed & Low income
Nations
Low-density populated nations
E.g. Sudan, Somalia, Afghanistan, Peru,
Nepal, Haiti, Yemen, Tuvalu, Vanuatu
Estimated 15-20% of global
Tech funds.
Least funds will be
generated.
Supported by: ICF International, Demographic and Health Surveys

12. Methodology
Identify Tech
Companies
Adoption of
Technology
Fund
Generate fund
via Products
Sales
Re-invest
proceed to
economies
 Apple
 Microsoft
 Samsung
 Oracle
 IBM
 Samsung
 Lenovo
 Kaspersky etc.
 Govt. policy
 Regulation
 UN adoption
 Remove Red-tape
 Encourage CSR
 Identify funds as
tax-deductible
 Product sales
 Services
 Promotions
 Campaigns
 Offerings
 Identify viable projects
 Fund projects
 Monitor projects
 Partner project initiators
 Fund creative ventures
 Develop infrastructure
 Evaluate results

13. Challenges
The current challenges that the promulgation of the fund may face include:
1. Government policy and other regulations to adopt the fund.
2. Double-taxation problems on corporate organization
3. Lack of viable projects to drive the needed infrastructural developments
4. Difficulty to match revenue from growth markets with specific nations
5. Lack of good governance to manage the funds and projects
6. Reluctance of technology companies to contribute to such funds
7. Bureaucracy and multi-level obstacles to adoption policy document

14. In conclusion, Technology
Acquisition Fund (TAF) will be
invested into infrastructural
developments such as :
1. Power & Water generation
2. Education & Training
3. Provision of security
4. Transportation – road & rail
5. Broadband & Telecoms

15. Thank you!