Startups from Africa (2013) following the Savannah Fund Demo Day in Nairobi, Kenya

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African tech is big, and growing. …

African tech is big, and growing.

Kenya, and capital city Nairobi, are one of the epicenter of tech and startups in Africa.

After attending Afrikoin, a conference on mobile money and digital currencies, the Savannah Fund, an early stage VCs based in Nairobi, showcased 4 startups.

Say hi to Zished (gifting for the diaspora, Ghana), Inforex (better forex information, Uganda), Instaid (Digitizing aid paper vouchers, Kenya) and Zatiti (mobile e-commerce websites for businesses, Kenya).

We'll be publishing shortly our "Innovation Ecosystem" analysis of Kenya as well, and more is on martinpasquier.com blog

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  • 1. Startups from Africa As seen during the Demo Day of Afrikoin in Nairobi, Kenya November 2013
  • 2. We believe… Innovation has no place in a global world, it’s everywhere Innovation ecosystems can learn from one another Local context matters and should be a source for innovators This is why… We’re on a world tour of innovation ecosystems!
  • 3. A Demo Day in Nairobi The Savannah Fund showcases 4 African start-ups
  • 4. 4 start-ups from the Savannah Fund • • • • Founded by Mbwana Alliy Operating from Nairobi in Africa 9 startups in portfolio, 4 of which presented at Afrikoin 2013 Their website
  • 5. #1 – Zatiti, “Powering mobile e-commerce” • 81% of sellers in Kenya want a mobile e-commerce solution • Dev are hard to find, projects are expensive, and long
  • 6. #1 – Zatiti, “Powering mobile e-commerce” • Zatiti, a mobile e-commerce website builder with CMS • 98% Kenyans access the web through mobile
  • 7. #1 – Zatiti, “Powering mobile e-commerce” • Several revenue streams: 2% transaction fee, premium templates, domain name registration… • Crafted to the local market (mobile payment)
  • 8. #1 – Zatiti, “Powering mobile e-commerce” Grace Kiburi David Njuguna • 4 years customer support & Ecommerce entrepreneur • 11 years web programmer & entrepreneur • Meet the team! • Twitter: @Zatiti • Facebook: http://www.facebook.com/zatitiOfficial
  • 9. #2 – Zished, “Celebrate special moments in Africa” • Gifting from abroad to Africa is a pain • For Ghana only, 310 000 diasporans with 93 000 potential users (Pop. aged 18-34) • $100 average order, actual commission 12.5% (Western Union)
  • 10. #2 – Zished, “Celebrate special moments in Africa” • Zished cuts down on intermediates and link up the gift to a delivery network directly • Next steps: implementation of a Voucher app to send immaterial gifts
  • 11. #2 – Zished, “Celebrate special moments in Africa” • Potential market of diaspora/remittance is huge • Obstacles as well: how to ensure logistics/delivery?
  • 12. #2 – Zished, “Celebrate special moments in Africa” • Meet the team! • Twitter: @Zished • Facebook: http://www.facebook.com/Zished
  • 13. #3 – Instaid, “Send Food & Medical Aid instantly” • Distribution of physical aid & food suffer huge loss along the road: only $3.5bn out of $17.4bn of aid in Africa reach beneficiaries • Beyond physical aid, “paper vouchers” also have low reach (33% of beneficiaries)
  • 14. #3 – Instaid, “Send Food & Medical Aid instantly” • Instaid is a platform for organizations to create, manage and distribute medical & nutritional e-vouchers on mobile • Business model: Setup fees + maintenance/hosting & transaction fees
  • 15. #3 – Instaid, “Send Food & Medical Aid instantly” • Aid organizations have access to a dashboard to track voucher & redeem rates, payments
  • 16. #3 – Instaid, “Send Food & Medical Aid instantly” • Roadmap for 2014-2015: 5 organizations & 50 000 beneficiaries, online voucher transfers, Card-based solution
  • 17. #3 – Instaid, “Send Food & Medical Aid instantly” Rodgers Muhadi CEO Sam Masinde CTO Evelyn Wangari Operations • Meet the team! • www.cardplanetsolutions.co.ke Maryann Masitsa Sales & Marketing
  • 18. #4 – Inforex, “A Forex bureau networking system” • Many gaps of information in Africa Forex can be filled • For a single forex request, price difference can be more than $100
  • 19. #4 – Inforex, “A Forex bureau networking system” • Inforex provides better visibility on rates without a need for “scouts” • Both individuals, companies & institutions can benefit from a better info
  • 20. #4 – Inforex, “A Forex bureau networking system” • Traders have a dashboard to gather info from the different Foreign Exchange bureau in the country/city • Market size is $8bn of Forex deals in Uganda alone
  • 21. #4 – Inforex, “A Forex bureau networking system” • Roadmap for Inforex Africa: mobile app, partnerships with institutions and associations of forex bureau
  • 22. #4 – Inforex, “A Forex bureau networking system” • Meet the team! • http://inforexafrica.com/
  • 23. Thanks! Martin Pasquier, for Rock my Ecosystem Martin.pasquier@agencetesla.com