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

[robert yawe]

@Adam,

Thanks for the link, it is participation like this that keeps me coming back to the list.

Now where exactly did the 12 billion go, is anyone willing to throw in their twenty cents?

Regards

 
Robert Yawe
KAY System Technologies Ltd
Phoenix House, 6th Floor
P O Box 55806 Nairobi, 00200
Kenya


Tel: +254722511225, +254202010696



On Monday, 20 January 2014, 16:09, Adam Nelson <adam at varud.com> wrote:
 
$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
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
>>
>>
>> 
>>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,
>
>
>Waithaka Ngigi
>Chief Executive Officer | Alliance Technologies | MCK Nairobi Synod Building
>T + 254 (0) 20 2333 471 |Office Mobile: +254 786 28 28 28 | M + 254 737 811 000
>
>www.at.co.ke
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>
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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.

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