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E-MASTERCLASS
SILICON SAVANNAH – LAUNCH,
SCALE & SUCCEED
AUSSENWIRTSCHAFTSCENTER NAIROBI
June 4, 2020
5
INTRO
„WHY AFRICA?!“
THE KENYAN
INNOVATION STORY
A TECH
ENTREPRENEUR´S
JOURNEY
HOW TO MAKE IT
HAPPEN?
2
WHAT‘S HAPPENING?
SUCCESSFUL
TOGETHER
„WHY AFRICA?!“
3
1
EDITH PREDORF
Foto Credit: Getty Images
AFRICA – IT‘S ALL ABOUT MINERALS, RIGHT?
5Source: EY Attractiveness Report 2018
6Source: McKinsey „Rethinking the African
Business Opportuniy“
7Source: StartupBlink’s 2019 Global
Startup Ecosystem Rankings report
THE KENYAN INNOVATION STORY
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2
ERIC WAINAINA
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Foto Credit: Eric Wainaina
DIGITAL EVOLUTION
10
Satellites
Mobile Devices
Fibre Optic Cable
Digital Vision
Digital Services
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Events
Start-Up
Ecosystem
Companies
Policies
Universities
R&D
Intermediary
Foto Credit: Company Websites
STAKEHOLDER MAP
ENTREPRENEURAL
SPIRIT & CULTURE
FOLLOW THE MONEY
12
$429m RAISED IN CAPITAL IN 2019
77thGLOBAL INNOVATION RANKING
$1bnSIZE OF TECH ECOSYSTEM
250NUMBER OF STARTUPS
16mMOBILE INTERNET SUBSCRIBERS
CURRENT POCKETS OF INNOVATORS
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Agriculture
Mobility & Logistics
Renewable
EdTech
4th Industrial
Revolution
Fintech
Healthcare
Gaming &
Entertainment
A TECH ENTREPRENEUR´S JOURNEY
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3
ESTHER MWIKALI
An entrepreneur’s club connecting people, ideas, and resources.
The word Metta comes from an Asian language (pali) used by the Buddhist community meaning a meeting of like-minded individuals. It is on this basis, why we do what we do, connecting!
Our mission is to drive meaningful connections through introductions, collaborations and a strong community.
Metta is a catalyst for meaningful collaboration and the furthering of ideas, Metta is the first concept of its kind in the world.
What is Metta?
Give thanks to the Trailblazers who made our country into Silicon
Savannah - Mpesa, Ihub, Cellulant, Twiga Foods, Africa’s Talking etc
High rates of unemployment also sparked innovation. The Kenyan culture
and spirit is more entrepreneurial than other nationalities in the
continent. Hence the famous term Kenyan “hustlers”
Tech Scene in Kenya
The great parts …
Compared to 10 years ago when we replicated the West in innovation and also a lot of money was available then for this. But some of these startups didn’t survive e.g Savvy Rider & Kibo. A lot of good sense companies are churning out now - meaning, startups that are creating solutions that we as Kenya need to now. E.g SafeBoda, Little, Swvl
Kenya has always won and been innovative in manufacturing. Most of our indigenous and oldest companies are from the FMCG & Manufacturing scene. As we have been designing and manufacturing products from here and for us. Hence a lot of intersectionality of industries and innovation from Agriculture, Supply Chain. E.g Sokowatch, LoriSystems, Hello Tractor, Anona
The great parts …
Great to see corporates and governments looking into startups to solve
their inefficiencies other than reinventing the wheel through POCs and
programs. E.g KIEP, Barclays, Visa, Merck - acquired ConnectMed. Also to
note that the recent ICT Advisory set up as a response for COVID-19,
majority of them were active players in the entrepreneurial scene.
COVID has created a tech gateway to solve problems. E.g EdTech scene,
Gumzo etc
The great parts …
1. Capital isn’t distributed evenly. Funding gap
2. Need to train users and market on products
3. Government risks creating a not-so-conducive environment with
digital tax, hence the need to harmonize and hopefully a StartUp Act
could come into place.
The NotSo great parts …
Esther Mwikali
General Manager, Nest Group Africa (Mettā)
Email : [email protected]
Get in touch with me further:
HOW TO MAKE IT HAPPEN?
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4
ERIK HERSMAN
SUCCESSFUL TOGETHER
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5
ERIC WAINAINA
OUR – no! YOUR GLOBAL NETWORK
AUSSENWIRTSCHAFT AUSTRIA
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THE INTERNATIONALISATION AGENCY FOR THE AUSTRIAN ECONOMY
IM DIALOG MIT DER AUSSENWIRTSCHAFT AUSTRIA
AUSTRIA IST ÜBERALL
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TWITTER@wko_aw
FACEBOOKAUSSENWIRTSCHAFT AUSTRIA
INSTAGRAMaussenwirtschaft_austria.at
LINKEDINAUSSENWIRTSCHAFT AUSTRIA
YOUTUBEAUSSENWIRTSCHAFT AUSTRIA
FLICKRAUSSENWIRTSCHAFT AUSTRIA
TRAINEEBLOGEXPORT YOUR CAREER
BLOGAUSTRIA IST ÜBERALL
AUSTRIA-IST-UEBERALL.AT
26
EDITH PREDORF & ERIC WAINAINA
AUSSENWIRTSCHAFTSCENTER NAIROBI
T +254 20 776 2390
W wko.at/aussenwirtschaft/ke
www.linkedin.com/in/edith-predorf
