Growing middle class and Africa’s demographic opportunity

The Economist writes an insightful article about the direct relationship between Africa’s lowering birth-rate, it’s growing middle class, and the continent’s economic growth.

Africa is still something of a demographic outlier compared with the rest of the developing world. …Its population has grown from 110m in 1850 to 1 billion today. …To get a sense of this kind of increase, consider that in 1950 there were two Europeans for every African; by 2050, on present trends, there will be two Africans for every European.

…Yet Africa is also starting out, a little late, on a demographic transition that others have already traced: as people get richer, they have fewer children. …It is surely no coincidence that the past 15 years have seen Africa’s fastest-ever period of economic growth. Africa, exceptional in so many ways, does not seem to be an exception to the rule that, as countries get richer, they experience a demographic transition.

…The result is a “demographic dividend”, which can be cashed in to produce a virtuous cycle of growth. A fast-growing, economically active population provides the initial impetus to industrial production; then a supply of new workers coming from villages can, if handled properly, enable a country to become more productive. China and East Asia are the models. On some calculations, demography accounted for about a third of East Asia’s phenomenal growth over the past 30 years.

africa_europe_population_forecast

The article presents an interesting view. Africa is going through a renaissance of sorts as the demographics of influencers have shifted tremendously in the past 10-15 years. It’ll be interesting to see the shape the continent and it’s cultures takes in the next few years.

More about the growing African middle class in the videos below:

The Nigerian middle class profiled

Ghana on the rise

Middle class life in Nairobi, Kenya

Corporate America’s Changing Views on Africa

Baird, the management consulting firm, recently asked senior officers of 30 American Fortune 100 corporations about their current attitudes on investing in Africa. While some of the results showed that not much had  changed, the study also revealed that corporate America was increasingly optimistic about Africa’s role in their future business strategies. Three of the key points of the study, “Inside the Boardroom: How Corporate America Really Views Africa” are:

• USA Inc. is more interested in Africa than before, because the African market appears increasingly attractive, but Africa has tough competition and high hurdles for US investment. Education is at the top of the US corporate wish list for Africa; “educate your people so that we can employ them”

• The African countries that hold most interest are South Africa and some countries in the North, like Egypt; there are also some pockets of interest in West Africa, most notably Ghana, Nigeria and to some extent Angola; while some in the South (Botswana and Mozambique) and East (Uganda and Kenya), are also being watched

•To make itself more attractive for US investment, Africa should:

  • Invest in education , health and infrastructure
  • Ensure the rule of law and a business-friendly climate for all investing companies
  • Show it is serious about attracting foreign investment
  • Market itself as aggressively as other regions of the world
  • Demonstrate opportunity cost of not investing

A recent CNBC broadcast from Lagos, Nigeria (video below) also expounded on what Africa has to offer corporate America.

Birth and boom of a new African design industry

Design Indaba 2009 setup
Image by mallix via Flickr

A recent article in African Business magazine looks at the recent boom of modern African designers on the continent and internationally. From February’s ThisDay Arise Magazine African fashion event at NY Fashion Week to architect David Adjaye being appointed to design the new African-American National Museum in Washindton DC, the influence of modern African design in global culture continues to solidify. But while there are more and more role models for budding African designers, there’s still a long way to go before Africa itself recognizes and taps into it’s strong creative capital.

To become truly competitive though, the continent must do things in
its own way, with its own brand of excellence and innovation. Africans
can grasp the best of design worldwide, as well as the best the
continent has to offer and transform it into something new, compelling,
beautiful and sustainable. Small pockets of success show that African
design development has reached the point at which it can play a very
real role in addressing poverty and unemployment throughout the
continent. From craft initiatives in rural villages to
multi-disciplinary industrial projects that boast global collaboration,
design can boost a nation’s GDP. (more)

CNN also reports on a new contemporary African design aesthetic in the video below shot at the 2009 Design Indaba in S. Africa.

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L’Oreal sets sights on African women

L'OrealThere’s no shortage of criticism of the fashion and beauty industry for not recognizing the diversity of what is considered beautiful. Cosmetics giants in particular have had it hard, trying to accommodate skin tones. In their effort to generate more revenue and gain market share globally, L’Oreal has announced plans to expand their product line and – most notably – make an effort to cater to African women’s beauty needs. Not being a cosmetics industry veteran myself it’s hard to tell if L’Oreal is trully addressing some of the issues it’s diversity critics have.

..the company, which has 26 international cosmetics brands and a presence in more than 130 countries, already has a presence on the continent upon which it aims to build. A key market is the African woman, and L’Oréal is seeking growth and expansion into this market, that will require balancing technological innovation with the need for prudent spending. – L’Oréal South Africa MD Philippe Raffray, more

What do you think?

photo by epicharmus

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Prada space captures rural Congo experience

Influx Insights points us to an interesting marriage of Congolese and Western culture in the form of an art and entertainment experience space. The Double Club, a 6 month project collaboration between Fondazione Prada (Prada’s art foundation), and German artist Carsten Höller opened in London. The space, which is literally spit in two – is a “bar, restaurant and dance club where the Congo meets the west; A bar,
restaurant and dance club where the west meets the Congo.” The project is meant to spark dialogue between Congolese and Western contemporary culture and will feature. All profits are slated to go to The City of Joy charity, which provides
shelter and services to women who have been targets of violence during
Congo’s long running civil warIf you’re in London before May 2009, check out this culture mashup.

Cultures collide: Souja Boy African Remix

So far I’ve been very successful at avoiding Soulja Boy‘s “Crank That (Soulja Boy)” song and video. While I always do my best to stay up to date on what is hot and not in pop culture, I find it hard to digest too much throwaway content. Call me judgmental but there’s only so much fast food a brain can take, especially at my age. But when I came across this African remix video of the popular Soulja Boy song, I was struck with the cultural implications. For me the video shown below, while being extremely funny, reflects how African culture, pop culture and technology have come to coexist and open up new avenue for self expression and creativity. We can easily dismiss the Naija (Nigerian) Boy Crank Dat video as another Youtube parody, but if we take a step back we can see that the ease of which the cultures are colliding in the song and video is something to take notice of. The Naija Boy video perfectly captures the way the new Afropolitans see themselves in their native culture and in western culture. From the reference to spraying money, to the dance scenes in traditional Nigerian outfits, to the scenes of the “rapper’s” white “fans”, the nature of the growing Afropolitan demographic is quite evident. While the Naija Boy video is entertaining, it certainly represents a shift in mentality among Africans in the west. The video is a lesson in cultural development as it shows what African youth in the west are willing to participate in and how they are willing to spend their money. (link via YG)

Making the top 100 lifestyle blog list

I got an email recently from Terry Ng, who writes at Kineda letting me know that Annansi Chronicles is ranked as one of the top 100 lifestyle blogs. To tell the truth I had never realized that this was a sector of the blogosphere this blog even ranked in. But with company like LifeHack, Tim Ferris , and PSFK, I’m pleasantly surprised. Read the full list.

The REALLY simple celebrity life

As much as we hate to believe it, Africa is still the charity case of choice for celebrities looking to get public sympathy. Time and time again the African brand gives instant credibility and humanizes the privileged and their brand image. With every case in the news I am reminded of how much work we still have to do to get to a point where the African brand means more than charity. As serious as the work may be, humor is always welcome. (via AfricaBeat)

Paris Hilton Rwanda poster

Branding Africa with a new domain

As the the world goes online by the millions, the possibilities for domain names grows. The internet naming governing body, ICAAN, has been doing a good job so far of keeping up with the demands of online activity and creating standard practices. But while ICAAN considers the creation of non-english domains, Andrew Mack asks, “In a world of .com and .org, why not .Africa?”. Andrew raises a good point as the African continent attempts to attract investment; what better way to reach as many people as possible than organizing around a similar domain. From a business and tourism stand point I can see the .africa domain working as it will help foreign consumers identify services available within countries on the content. Imagine if there was a www.tourism.tz.africa for Tanzanian tourism information instead of the current www.tanzaniatouristboard.com. As Andrew points out, many southern African businesses have currently adopted the .za domain in an attempt to create an association with the strong South African economy and brand. But why not eliminate the regional segmentation and create a continental domain that would aggregate the strengths of the various economies. A .africa domain will also allow the centralization of many African content, business or otherwise, and more accurately reflect the size and depth of content about the continent strengthening the Africa’s brand image. So what do you think? What are the pros or cons of a .africa domain? Would you change your domain? Read more about the .africa efforts at www.dotafrica.blogspot.com.

After Gladwell’s Blink, Kenna’s new dilemma

Recently, MTVU, the university station of MTV, organized a visit by best selling author Malcolm Gladwell (The Tipping Point, Blink: The Power of Thinking Without Thinking) and Ethiopian-born American musician Kenna to a University of Pennsylvania sociology class. The class was in the process of studying the chapter “Kenna’s Dilemma” from Gladwell’s book Blink and the two men made an appearance to discuss the dilemma Kenna faces as an artist who, though heralded by many in the music industry as the next big thing, has yet to connect with a large enough fan base.

If you haven’t heard Kenna’s music yet, I encourage you to get familiar. Kenna, born Kenna Zemedkun, makes some of the most inspiring left of center music today. As a member of the Neptunes production duo’s (Pharrell Williams and Chad Hugo) extended StarTrak family, Kenna’s sound is not what you’d expect pop music to be. Though his previous album New Sacred Cow, the subject of Gladwell’s chapter, had a creative video for the single “Freetime” and gained a 3 star review from Rolling Stone Magazine, it has not made Kenna the superstar he needs to be. Not one to be deterred, Kenna returns this time around with a new marketing strategy for his new cd Make Sure They See My Face. As with similar African-born western-raised artists such as K’Naan, Akon, Somi, and Chosan, Kenna’s comfort with balancing his African and western identities make his music uncategorizable for many. This time around though the combination of re-newed interest in ’80s-style music and fashion, the growth of the popular black nerd trend (Pharrell, Lupe Fiasco, Kanye West) as an alternative to the blinged out hip-hop stereotype, and Kenna’s own growth as an artist and business man, position’s Kenna and his music for better commercial success. Kenna’s image and music adds another dynamic to the growing Afropolitan demographic. As Kenna and the Afropolitan demographic grows more confident in his/her own identity they are exerting incresing influence on popular culture through their art. Hopefully the only dilemma Kenna will face this time around will be how to live with his celebrity. I’ll be watching his rise, and so should you.
NPR on Kenna’s career

Upcoming in-store appearances
CLEVELAND, OH
Tuesday Oct. 16th @ 4 PM-
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ANN ARBOR, MI
Thursday Oct. 18th @ 4 PM
Instore performance and signing
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BOSTON, MA
Tuesday Oct. 23rd @ 4 PM
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PHILADELPHIA, PA
Thursday Oct. 25th @ 1 PM
Instore performance and signing
FYE
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215.496.8338

ATLANTA, GA
Monday Oct. 29th @ Time TBC
Instore performance and signing
Criminal Records
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404.215.9511

ORLANDO, FL
Tuesday Oct. 30th @ 3 PM
Instore performance and signing
Park Ave CDs
2916 Corrine Drive
407.447.PARK