THE FIFTH ESTATE

by Jon Gosier@jongos

@appfrica

Kongossa Web Series21 Sept 2013, Montreal

THIS TALK ISNOT ABOUT THESE GUYS

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

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.

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.

Untapped Wealth140 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)

20062

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Global Social Sector (AID)

Foreign Direct Investment (FDI)

Remittances

“Africa is not a place. It’s a space, a state of mind.”

Africa’s Fifth Estate isa Connected Diaspora

The Four Estates: 1) The Church, 2) Society, 3) Government, 4) The Press

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.

CITATIONSWikipedia 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/world-africa-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

APPFRICA “Building the Future From Africa”

ABOUT APPFRICAOur 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.

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)

We help multinational technology corporations reach African consumer markets. Software Development. Market Research. Product Testing.

Data & Analytics. Sourcing Talent.

We help African companies reach foreign consumer markets.

We invest.

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HOW DOES APPFRICA MAKE MONEY?

ACCELERATOR

APPS4AFRICA (2010 - 2013)

19Investments

12African Countries

Participants Have Raised Nearly

$1 Million USD

Avgerage Follow-on Funding

$90,909 USD11Still Active

PARTNERSU.S. Department of State, Google, Microsoft, Lions@frica, AfriLabs, VC4Africa, TED, HiveColab, DEMO Africa, Indigo Trust, SpotOne Global, The World Bank, Unreasonable Institute

Total Invested

$150,000 USD

Assane SeckEcofund.org

Emanuel AttahFarmerline.org

Barbara BirungiNakazade

Ahmed MaawySiftDeck

OpenSIM Kit

Titus MawanoFfene.com

Su KahumbuiCow.co.ke

Eliot PenceUpstream Analytics

Francis OnwumereProWork.me

Eric MuttaMiniShop

William SenyoSliceBiz

OUR INVESTMENT PORTFOLIO

STARTUP SUCCESSES

Assane SeckEcofund.org

Emanuel AttahFarmerline.org

Barbara BirungiNakazade

Ahmed MaawySiftDeck

OpenSIM Kit

Titus MawanoFfene.com

Su KahumbuiCow.co.ke

Eliot PenceUpstream Analytics

Francis OnwumereProWork.me

Eric MuttaMiniShop

William SenyoSliceBiz

ENTREPRENEURS-IN-RESIDENCE

Do something awesome. We’ll find you.

Apply to an Apps4Africa Challenge.

Have a business model. (Seriously!)

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HOW DO YOU APPLY?

APPFRICA ”Building the Future from Africa”

Jon Gosierjon@appfrica.com

Appfrica.comD8A.com