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The Future of Africa (Vancouver Futurists Discussion Notes)

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On Wednesday February 13th Vancouver Futurists met to discuss ‘The Future of Africa’. The session was led by Rafeeq Bosch and Nikolas Badminton. A fascinating discussion ensued after sharing some initial information in this presentation.

Publicada em: Economia e finanças
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The Future of Africa (Vancouver Futurists Discussion Notes)

  1. 1. Africa Nikolas Badminton Lead Futurist & CEO
  2. 2. 1 . 2 b i l l i o n p e o p l e 2
  3. 3. T h e f a s t e s t g r o w i n g m i d d l e - c l a s s i n t h e w o r l d . 3
  4. 4. S u b - S a h a r a n A f r i c a b y 2 0 2 2 i s a i m i n g f o r a   4 6 8 % G D P g r o w t h s i n c e 2 0 0 0 . M E N A - 2 5 8 % . Wo r l d - 2 0 5 % 4
  5. 5. L e d b y G h a n a a n d Ke n y a , A f r i c a n n a t i o n s a r e s t i t c h i n g t o g e t h e r a t r a d e u n i o n d e s i g n e d t o b o l s t e r i n t r a - A f r i c a c o m m e r c e . I f i t c a n a c h i e v e c r i t i c a l m a s s , t h e c o n t i n e n t ’s c o m b i n e d G D P w o u l d b e a l m o s t t h e s i z e o f G e r m a n y ’s . 5
  6. 6. B u t … 6
  7. 7. 2 8 o f t h e p o o r e s t c o u n t r i e s i n t h e w o r l d a r e i n A f r i c a . 7https://www.children.org/global-poverty/global-poverty-facts/africa
  8. 8. H a l f o f t h e c o n t i n e n t ’s p o p u l a t i o n i s c h i l d r e n , u p t o 2 0 % o f w h i c h a r e d i s a b l e d . 8https://www.children.org/global-poverty/global-poverty-facts/africa
  9. 9. T h e b a t t l e f o r A f r i c a 9
  10. 10. T h e b a t t l e f o r A f r i c a 10
  11. 11. 11
  12. 12. C h i n a h a s b u i l t m a s s i v e r o a d s , d a m s , a n d r a i l w a y s i n a r e a s w i t h l i t t l e t o n o c o n n e c t i v i t y ; s i g n e d l u c r a t i v e c o n t r a c t s f o r r a w m a t e r i a l s w i t h r e s o u r c e - r i c h g o v e r n m e n t s ; a n d k e p t m u m a b o u t t h e t e r m s o f i t s l o a n s , a n o b v i o u s p l u s f o r c o r r u p t l e a d e r s .  12 https://www.theatlantic.com/international/archive/2018/12/trump-national-security-adviser-unveils-new-africa-strategy/578140/
  13. 13. I n O c t o b e r, t h e Tr u m p a d m i n i s t r a t i o n c r e a t e d t h e $ 6 0 b i l l i o n I n t e r n a t i o n a l D e v e l o p m e n t F i n a n c e C o r p o r a t i o n , o r I D F C . I t s g o a l i s t o i n c r e a s e U . S . i n v e s t m e n t i n l o w e r - i n c o m e c o u n t r i e s i n A f r i c a a n d b e y o n d b y p r o v i d i n g A m e r i c a n c o m p a n i e s w i t h p r o d u c t s s u c h a s r i s k i n s u r a n c e a n d l o a n s t o e n c o u r a g e t h e m t o i n v e s t i n A f r i c a . B u t a n y U . S . s p e n d i n g i n A f r i c a w i l l p a l e n e x t t o B e i j i n g ’s i n v e s t m e n t t h e r e , w h e r e i t p l a n s t o s p e n d $ 6 0 b i l l i o n o v e r t h e n e x t t h r e e y e a r s . 13 https://www.theatlantic.com/international/archive/2018/12/trump-national-security-adviser-unveils-new-africa-strategy/578140/
  14. 14. https://newatlas.com/geidco-global-interconnected-energy-grid/46411/#gallery
  15. 15. https://www.marketwatch.com/story/us-economy-could-slip-from-top-spot-in-2020-and-keep-slipping-analysts-say-2019-01-14
  16. 16. Africa / Saudi Arabia China / Mongolia India Peru Australia Canada / USA Opportunity
  17. 17. $60bn $2.5bn $10bn $13.3bn China’s power moves $4.1bn
  18. 18. $60bn $2.5bn $10bn $13.3bn $668m H1 (down from $3.21 billion in H1 2017) Just $4.8bn (down from $29 billion in 2017 and $46 billion in 2016) China’s steep reduction in investment in Canada and the USA in 2018 $4.1bn
  19. 19. 19 Source: ‘World Urbanization Prospects’ by the United Nations, and extrapolated from 2050 to 2100 by the Global Cities Institute https://www.thegeniusworks.com/2018/08/ the-worlds-megacities-of-2100-lagos- kinshasa-dar-es-salaam-a-mind-blowing- growth-in-the-urban-populations-of-africa/
  20. 20. 20 Lagos, Nigeria 88.3m Kinshasa, DRC 83.5m Dar Es Salaam, Tanzania 73.7m Mumbai, India 67.2m Delhi, India 57.3m Khartoum, Sudan 56.6m Niamey, Niger 56.1m Dhaka, Bangladesh 54.3m Kolkata, India 52.4m Kabul, Afghanistan 50.3m // 2100 http://docs.wixstatic.com/ugd/672989_62cfa13ec4ba47788f78ad660489a2fa.pdf
  21. 21. Africa Nikolas Badminton Lead Futurist & CEO
  22. 22. Nikolas Badminton Lead Futurist & CEO Nikolas drives world leaders to take action in creating a better world for humanity. EXPONENTIAL MINDS provides expertise in new technologies and promotes exponential thinking with a critical, honest, and optimistic view that empowers you to plan for today, tomorrow, and for the future.
  23. 23. Nikolas Badminton Lead Futurist & CEO w: nikolasbadminton.com e: nik@nikolasbadminton.com t: @nikolasfuturist

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