E-MASTERCLASS SILICON SAVANNAH - LAUNCH, SCALE & SUCCEED - AUSSENWIRTSCHAFTSCENTER NAIROBI - WKO

E-MASTERCLASS
SILICON SAVANNAH – LAUNCH,
SCALE & SUCCEED

AUSSENWIRTSCHAFTSCENTER NAIROBI
June 4, 2020

WHAT‘S HAPPENING?

                    THE KENYAN                       HOW TO MAKE IT
                                                                         5
                 INNOVATION STORY                       HAPPEN?
    INTRO                               A TECH
„WHY AFRICA?!“                      ENTREPRENEUR´S                    SUCCESSFUL
                                       JOURNEY                         TOGETHER

                                                                               2

EDITH PREDORF

    „WHY AFRICA?!“
1

                     3

Foto Credit: Getty Images

AFRICA – IT‘S ALL ABOUT MINERALS, RIGHT?

                                     Source: EY Attractiveness Report 2018   5

Source: McKinsey „Rethinking the African   6
Business Opportuniy“

Source: StartupBlink’s 2019 Global   7
Startup Ecosystem Rankings report

ERIC WAINAINA

    THE KENYAN
2   INNOVATION STORY

                       8

Foto Credit: Eric Wainaina

                             9

DIGITAL EVOLUTION

                                                              Digital Services

                                                       Fibre Optic Cable

                                           Mobile Devices

                    Digital Vision   Satellites

                                                                           10

STAKEHOLDER MAP

                             Companies

               Start-Up
              Ecosystem                     Policies
                                                                            ENTREPRENEURAL
                                                                            SPIRIT & CULTURE

              Events                     Universities
                                            R&D

                          Intermediary

                                                        Foto Credit: Company Websites      11

FOLLOW THE MONEY

         77th                                                 250
         GLOBAL INNOVATION RANKING                            NUMBER OF STARTUPS

 $429m                                                        16m
 RAISED IN CAPITAL IN 2019
                                     $1bn                     MOBILE INTERNET SUBSCRIBERS
                                     SIZE OF TECH ECOSYSTEM

                                                                                            12

CURRENT POCKETS OF INNOVATORS
                            Healthcare

            Agriculture                                              Fintech

                                                 Gaming &
                                                 Entertainment
                          Mobility & Logistics
Renewable                                                        4th Industrial
                                                                 Revolution

                                                        EdTech

                                                                                  13

ESTHER MWIKALI

    A TECH
3   ENTREPRENEUR´S
    JOURNEY

                     14

What is Metta?
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.

Tech Scene in Kenya

The great
parts …     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”

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
The great   companies are churning out now - meaning, startups that are creating
parts …     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

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
The great   note that the recent ICT Advisory set up as a response for COVID-19,
parts …     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 Not
So great   1. Capital isn’t distributed evenly. Funding gap
parts …
           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.

Get in touch with me further:

Esther Mwikali
General Manager, Nest Group Africa (Mettā)
Email : esther@metta.co

ERIK HERSMAN

    HOW TO MAKE IT
4   HAPPEN?

                     21

ERIC WAINAINA

    SUCCESSFUL
5   TOGETHER

                    22

AUSSENWIRTSCHAFT AUSTRIA

OUR – no! YOUR GLOBAL NETWORK

                                23

THE INTERNATIONALISATION AGENCY FOR THE
AUSTRIAN ECONOMY

                                          24

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EDITH PREDORF & ERIC WAINAINA
AUSSENWIRTSCHAFTSCENTER NAIROBI
T   +254 20 776 2390
E   nairobi@wko.at
W   wko.at/aussenwirtschaft/ke
    www.linkedin.com/in/edith-predorf