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Presented by: Anthony Awimbo

70.71 Group Presentation to VCs in London

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Page 1: 70.71 Group Presentation to VCs in London

Presented by:Anthony Awimbo

Page 2: 70.71 Group Presentation to VCs in London

• Who are we• Why 70.71• Why Kenya• Influences• Team• How we work• Current Projects• Going Forward• Summary• Questions & Answers

Page 3: 70.71 Group Presentation to VCs in London

• we are an investment synergy

• leveraging our members different skill sets

• this enables sector diversification

• strategic collaborations

Page 4: 70.71 Group Presentation to VCs in London

• the brand identity

• 70.71 (is as acronym assimilated from 7th July 2001)

• this when I completed my 1st Degree in Architecture

• registered the domain www.studio7071.net

• the idea for an online design student gallery

Page 5: 70.71 Group Presentation to VCs in London

• Dec 2006 vacation 70.71 Group idea mooted

• familiarity of location

• lower initial investments compared to the UK

• higher margin of ROI having mechanisms in place to mitigate risk & understanding market nuances

Page 6: 70.71 Group Presentation to VCs in London

• The World is Flat - Thomas L. Friedman

• The Fortune at The Bottom of the Pyramid - C.K. Prahalad

• Long Walk to Freedom - Nelson Mandela's autobiography

• Warren Buffet - His investment philosophy & Berkshire Hathaway

• Richard Branson - Virgin Group , unique venture capital organisation

• Mohamed Yunis - Grameen Bank, developed the concept of microcredit

Page 7: 70.71 Group Presentation to VCs in London
Page 8: 70.71 Group Presentation to VCs in London

• Group Office(email, calendar, tasks, files & notes)

• Customer Relations Management(user portal, export data to quickbooks)

• HR Management(employee details, holidays, timesheets)

Page 9: 70.71 Group Presentation to VCs in London

what we are currently doing ?

Page 10: 70.71 Group Presentation to VCs in London

• our first venture, company setup in Kenya in 2007

• offers transport services mainly from the Port of Mombasa, Kenya's second largest city

• East Africa’s main trade gateway handled 19.06M tonnes in 2009, up from 16.41M 2008. source: KPA

• customers can review invoices online via

• www.7071transport.com

Page 11: 70.71 Group Presentation to VCs in London

• recently secured a contract with Athi River Mining (ARM)

• ARM manufactures 360,000 tonnes per annum of cement

• we all pooled our resources together to buy used UK HGV

• Revenue Share Model

Page 12: 70.71 Group Presentation to VCs in London

• ambitious and highly dynamic software developmentcompany based in Nairobi, Kenya.

• aims to provide useful mobile applications

• Kenyan mobile phone subscriber numbers increased 19.3 % to 19.4 million in 2009. source: Communications Commission of Kenya (CCK)

• www.infonetywireless.com

Page 13: 70.71 Group Presentation to VCs in London

• vehicle for generating growth for the group

• take equity stakes in other companies

• holding securities of companies listed inAfrican stock markets

• micro venture capital placement/mentoring

• www.7071investments.com

Page 14: 70.71 Group Presentation to VCs in London

• 20% stake in Infonety Wireless

• 10% stake in Infonety Wirelessa European company with offices in India that delivers comprehensive Computer Aided Drawings (CAD), Building Information Modelling (BIM) and Visualisation (3D) solutions.

• 40% stake in Studio 70.71 an emerging architectural design facilitation consultancy within Group70.71.

Page 15: 70.71 Group Presentation to VCs in London

• grow the active businesses organically

• mechanisms in place to accommodate scalability

• architectural consultancy - especially modular healthcare

• keep on learning as we grow

Page 16: 70.71 Group Presentation to VCs in London

• investors tend to find the words ‘Profit’ and ‘Africa’ a misnomer

• cloud computing, open source & template approach

• poverty is solvable through economic development & social transformation

Page 17: 70.71 Group Presentation to VCs in London

questions & answers

Page 18: 70.71 Group Presentation to VCs in London