My SATNAC 2015 keynote, covering the basis of a digital economy in Africa and some data on how well the continent is doing at deploying infrastructure and creating the conditions for innovation and entrepreneurship.
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Africa's digital foundations
1. Matthew Guest
Head of Digital Strategy, EMEA, Deloitte
Foundations for Africa’s Digital Journey
2. “To produce means to
combine materials and forces
within our reach”
Joseph Schumpeter, 1910
3. Computers and other digital advances are
doing for mental power — the ability to use
our brains to understand and shape our
environments — what the steam engine and
its descendants did for muscle power
Erik Brynjolfsson, 2014
5. In the next ten years
40% of the Fortune 500
companies will be gone
Source: Olin School of Business at Washington University
6. Over the last twenty five years, almost all of
the private sector jobs have been created by
businesses less than five years old
Source: Jason Wiens and Chris Jackson, Kauffmann Foundation, 2014
10. Eric Brynjolfsson, 2014
“In the next 24 months we will add
more computer power than was
previously added in the whole of
human history”
11. Adults who own a cellphone
Source: Pew Internet Trends, 2014
Proportion of smartphones
0%
20%
40%
60%
80%
100%
South Africa
Nigeria
Senegal
Kenya
Ghana
Tanzania
Smartphone
Cellphone NOT smartphone
No phone
12. -
25,000
50,000
75,000
100,000
2009
2010
2011
2012
2013
2014
Central
East
North
South
West
Networkinvestments,$Mn
Source: Versatileamphibian.blogspot.co.uk
18. Digital skills &
education
Symmetry of
information
Pervasive access to
computing
Innovative &
entrepreneurial culture
Consumers love
phones… but can’t
afford smart ones
Still (lots)
more to do on
infrastructure
Need (way)
more IXPs
M&A doesn’t lead to
more investment
20. Digital skills &
education
Symmetry of
information
Pervasive access to
computing
Innovative &
entrepreneurial culture
Still (lots)
more to do on
infrastructure
M&A doesn’t lead to
more investment
Consumers love
phones… but can’t
afford smart ones
Need (way)
more IXPs
26. Kamal Bhattacharya, VP Research IBM Africa
“Entrepreneurs are typically experts in their
own domains and markets, but they often
lack the skills, expertise and confidence to
take their business to the next level.”
28. “All the traditional tools learnt to manage an
organisation are irrelevant in the first chaotic
year or two of an early stage venture”
Steve Blank, serial entrepreneur
29. Digital skills &
education
Symmetry of
information
Pervasive access to
computing
Innovative AND
entrepreneurial culture
Plenty of ideas…
but not so many
global ones
People want to
start their own
thing
Finance & supply chain
are major barriers
Digital success is a
volume game
Business and
entrepreneurial training
are really lacking
Consumers love
phones… but can’t
afford smart ones
Need (way)
more IXPs
Still (lots)
more to do on
infrastructure
M&A doesn’t lead to
more investment
30. Over the last twenty five years, almost all of
the private sector jobs have been created by
businesses less than five years old
Source: Jason Wiens and Chris Jackson, Kauffmann Foundation, 2014