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African Economic
       Growth
What is actually happening
and how can businesses be
         involved?


      Presented at University of Ottawa
             by Victoria Schorr
              on March 4, 2013
What is the average growth rate
 (GDP)for sub-Saharan Africa

a)   Between -4 and 0.9%
b)   Between 1 and 4.9%
c)   Between 5 and 9.9%
d)   Over 10%
Elements of Afro-Pessimism
• Homogeneity
• Colonial mythos
• Illness and disease
• Starvation
• Africa as National
Geographic
• Violent tribal conflict
• African Big Man and
political instability
• Unrelenting poverty
Foreign Policy Magazine
Note: Malawi and
Mozambique have been
switched
“… as in previous years, domestic demand supported
growth in many countries, and is becoming as
important as the export market in some countries. …
And with rising incomes and urbanization, the
domestic consumer market is growing, becoming an
important source of growth.”
        - The United Nations Economic Commission for Africa, 2012
Flash Mob in Nairobi (Kenya), #SupportTeamKenya (Olympics)
Kumasi Market (Ghana), Urban Africa News
By Anjali Banthia, CGAP
Nakumatt (Kenya), Nakumatt Facebook

Cameroon’s Reunification Monument, Life In Cameroon Blog
China Daily: Africa, c/o The China in Africa Project
A Traffic Jam in Lagos (Nigeria), Human Wrongs Watch Blog
“Pilot projects can help refine the business
case and entry strategy while limiting
expenditure and exposure.”
                        - Eliot Pence, Whitaker Group
Addis Ababa (Ethiopia), The Telegraph
“Canadians must get beyond the outdated and
dismissive images of Africa, ones that overly
focus on Africa’s problems that cause
opportunities to be missed.”
               - Chris Roberts, The Rising Africa Magazine



“You cannot grow your international position
without being present in Africa - that is how
the world today works.”
    - John Dauth, Australian High Commissioner to the UK
Thank you!

    Please feel free to contact me at
      victoria.schorr@gmail.com

        Or follow my blog at
www.facebook.com/victoria.schorr.africa



                    Maputo (Mozambique), African Digital Art

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University of Ottawa Economics Week (March 2013)

  • 1. African Economic Growth What is actually happening and how can businesses be involved? Presented at University of Ottawa by Victoria Schorr on March 4, 2013
  • 2. What is the average growth rate (GDP)for sub-Saharan Africa a) Between -4 and 0.9% b) Between 1 and 4.9% c) Between 5 and 9.9% d) Over 10%
  • 3. Elements of Afro-Pessimism • Homogeneity • Colonial mythos • Illness and disease • Starvation • Africa as National Geographic • Violent tribal conflict • African Big Man and political instability • Unrelenting poverty
  • 4.
  • 6.
  • 7. Note: Malawi and Mozambique have been switched
  • 8. “… as in previous years, domestic demand supported growth in many countries, and is becoming as important as the export market in some countries. … And with rising incomes and urbanization, the domestic consumer market is growing, becoming an important source of growth.” - The United Nations Economic Commission for Africa, 2012
  • 9.
  • 10.
  • 11.
  • 12. Flash Mob in Nairobi (Kenya), #SupportTeamKenya (Olympics)
  • 13. Kumasi Market (Ghana), Urban Africa News
  • 15.
  • 17.
  • 18. Cameroon’s Reunification Monument, Life In Cameroon Blog
  • 19. China Daily: Africa, c/o The China in Africa Project
  • 20. A Traffic Jam in Lagos (Nigeria), Human Wrongs Watch Blog
  • 21. “Pilot projects can help refine the business case and entry strategy while limiting expenditure and exposure.” - Eliot Pence, Whitaker Group
  • 22. Addis Ababa (Ethiopia), The Telegraph
  • 23.
  • 24. “Canadians must get beyond the outdated and dismissive images of Africa, ones that overly focus on Africa’s problems that cause opportunities to be missed.” - Chris Roberts, The Rising Africa Magazine “You cannot grow your international position without being present in Africa - that is how the world today works.” - John Dauth, Australian High Commissioner to the UK
  • 25. Thank you! Please feel free to contact me at victoria.schorr@gmail.com Or follow my blog at www.facebook.com/victoria.schorr.africa Maputo (Mozambique), African Digital Art

Editor's Notes

  1. Optional
  2. True Size of Africa
  3. Picture from Foreign Policy.
  4. Note error: Switch Malawi and Mozambique
  5. From Mo Ibrahim
  6. From African Economic Outlook
  7. From: A Better Way to Deliver Aid, CGAP, 26 November 2012
  8. IMF
  9. Nakumatt Holdings via Facebook
  10. CENA and Lome
  11. http://www.123rf.com/photo_15123696_countries-of-africa.html
  12. http://africa.chinadaily.com.cn/weekly/2013-01/11/content_16106378.htm
  13. http://human-wrongs-watch.net/2011/09/30/2463/
  14. http://www.telegraph.co.uk/news/worldnews/africaandindianocean/7783294/A-new-dawn-in-Africa.html
  15. Optional