[kictanet] U.S. $ 140 million investment in local startups by Kenyan government

Adam Nelson adam at varud.com
Mon Jan 20 15:52:43 EAT 2014


$140M USD invested in startups in 2012 seems a bit implausible to me.  Am I
missing something?

Also, that 54 startups listed in Angellist located in Kenya is now 71:

https://angel.co/locations

Of those, only 3 are hiring:

https://angel.co/kenya/jobs

And of those 3, all have foreigners on the team and won't be developing
core product here in 2 years if the Kenyanization regime isn't changed ...

As an aside, if anybody is hiring at a tech/design startup, AngelList is a
great place to have a profile and I'd encourage more local startups to get
on there.

-Adam

--
Kili - Cloud for Africa: kili.io
Musings: twitter.com/varud <https://twitter.com/varud>
More Musings: varud.com
About Adam: www.linkedin.com/in/adamcnelson


On Mon, Jan 20, 2014 at 3:30 PM, Ngigi Waithaka <ngigi at at.co.ke> wrote:

> Robert,
>
> Welcome back.
>
> Now to put this into perspective, Kenyan Startups received in funding
> approx Ksh ***12, 000, 000, 000*** in 2012. Is there, maybe, a different
> numberline that us old - hackers were not taught in school?
>
> Rgds
>
>
> On Mon, Jan 20, 2014 at 2:59 PM, robert yawe <robertyawe at yahoo.co.uk>wrote:
>
>> Hi,
>>
>> Hoping that you have all started the year well and in a changing spirit,
>> I had a tech free 3 weeks and feel very refreshed.
>>
>> As we started the year a friend shared the the statistic above with me
>> does anyone on this list know which startups received this money as it
>> would be good to see how it has helped them and the impact it has had on
>> the economy.
>>
>> Regards
>>
>> [image:
>> http://startupbrics.com/wp-content/uploads/2014/01/NAIROBI-infographic-1.jpg]
>>
>> Robert Yawe
>> KAY System Technologies Ltd
>> Phoenix House, 6th Floor
>> P O Box 55806 Nairobi, 00200
>> Kenya
>>
>>
>> Tel: +254722511225, +254202010696
>>
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>
>
> --
> *Regards,*
>
> *Wait**haka Ngigi*
> Chief Executive Officer | Alliance Technologies | MCK Nairobi Synod
> Building
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> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
>
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