About The Future Of Work Africa Project
Over the next generation, in the next 35 years, 1 in every 4 people in the world will be African. Right now, half of the African population is under 20, and the working-age population will expand by 20-30 million people per year, going from 530 million people in 2015 to 920 million in 2035, and on to 1.4 billion by 2055. By this time, most of the net growth on the world’s labor force will occur in Africa and by 2050, Africa will make up 25 percent over the world’s workforce.
The Future of work Africa project will explore how technology will disrupt Africa’s workplace; and the kinds of work that will be available; the report will delve into 4 critical components: Technology and how tech will disrupt the work place; Kinds of work that will be available and potential impact on Africa’s education system, shifting talent psychology and how corporates should position to attract, and keep top talent; innovations around work-place design and culture. Lastly, diversity and gender equality in the work place. The report will target business leaders, employees, HR heads, policy makers and Start-Ups on the African continent and is scheduled to be completed by Q1 2018.
Technology & Innovation
Africa’s adoption curve, opportunities to leapfrog, and how it will disrupt talent sourcing, engagement, collaboration and management. Skill/competency relevance, the kinds of work that will be available, and implication on Africa’s education system
Talent Acquisition & Retention
How should talent be sourced, managed, engaged and kept motivated? The psychology of talents, how it affects their productivity, and how it is influenced by workplace HR polices.
Diversity & Gender Equality
Understanding diversity and inclusion and their impact on innovation, engagement, creativity, productivity and other business outcomes
Work-space design & culture
What do modern work place designs and space optimization mean for Africa-based businesses today? And how is that expected to change within the next decade? Nature of work, corporate culture, management styles; and how organizations and HR leads can align with the changing human nature.
- Primary and secondary research methodologies across Africa
- Controlled experiments where possible
- Develop and Test Hypothesis based on findings
- Benchmark Findings
- Carry out Predictive analysis
Reporting & Engaging
- Develop FOWA Insights Report hold a stakeholders conference
- Distribute report
Collective worth of African companies on the London stock exchange
Expected Household consumption by 2025
Raised by African companies In the last ten years in the London stock exchange.
People, and 26% of world’s population by 2050
People with household incomes exceeding $5000 by 2020.
Expected growth of Consumer-facing industries by 2020
Of Africans are under 20 years old. compared with only 28 percent in China
Expected discretionary household income in 2020
Olufunbi is a Computer Science & Economics graduate of Obafemi Awolowo University and Entrepreneurship & Innovation at Stanford University.
He was the lead consultant at iDEA (Lagos) where he led the incubation of 50 startups. He is also the West African consultant for Innovating Justice Accelerator (Netherlands) Also, Olufunbi is a LEAP Africa Social Innovators Programme and Award (SIPA) FELLOW. He currently leads the UN Hackathon in Lagos
Taiwo is an Electrical Engineering graduate from Morgan State University, Baltimore.
Upon graduating, Taiwo started his career in Corporate Strategy at McKinsey & Company and later joined Altman Vilandrie & Co. After a brief period working as an Intervention Manager with Technoserve Nigeria, Taiwo joined Hewlett Packard as a Business Strategy Manager.
Education: BSc. Computing (Portmouth), BSc. IT & Business (Middlesex), MSc. Business & IS (Middlesex), Technology Entrepreneurship (UCL)
Work Experience: Cardinal Stone, Venture Garden Group, Ventures Platform
Other: VP Strategy of the Young Innovators of Nigeria
Education: Bsc. Biochemistry– Obafemi Awolowo University, Ile-Ife Nigeria
Work Experience: Venture Garden Group – Nigeria, Ghana; Veins Business Solutions
Other: Founder – AdsDirect Africa
Education: Bsc. Science, Accounting – Rutgers University,
Work Experience: Ernst & Young, Tiffany & Co.
Other: Fundraising Lead – Project 4
Education: BSBA Entrepreneurship and minor in Economics – American University
Work Experience: SnappCLoud, Radius Networks
Other: Co-founder – My Connected Campus, Founder – Apt Online Shopping
Would you like to part of our research stakeholders? Drop us a note and we will reply you asap.