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

Wed Jan 22 13:59:20 EAT 2014

Sounds like a great start for a piece of investigative reporting by an
aspiring journalist looking to make a name for him or herself.

--
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 Wed, Jan 22, 2014 at 1:53 PM, Peter Wakaba <peterwakaba at gmail.com> wrote:

> we have a multitude of 'funds'. Hard to track because they reincarnate
> every year, change with every government, rebrand, shift from one ministry
> to another... are positioned to do one thing at creation and morph into
> other things.... then disbursement is countrywide through, so called line
> mininstries, so each allocation goies into a certain ministry's budget....
> i am hoping you get teh picture...
>
> They fund everything from kiosks, to farmactivity to mobile software
> development
>
>
> On Wed, Jan 22, 2014 at 6:47 PM, Adam Nelson <adam at varud.com> wrote:
>
>> I was only thinking that they had a very loose definition of 'startup'
>> and were including any investment in any technology in the country for 2012
>> including new tire factories and whatnot.
>>
>> Was there actually a fund that a government body disbursed (either to
>> startups or elsewhere)?
>>
>> --
>> 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 Wed, Jan 22, 2014 at 1:36 PM, Peter Wakaba <peterwakaba at gmail.com>wrote:
>>
>>> Into the Ether. In 2010, I got  list of three hundred names form the
>>> ministry of youth of pple who had allegedly benefitted from funding to
>>> start up or grow small businesses. I got the list with assistance of
>>> someone 'high up' after an interview where they indicated that the ministry
>>> had been very effective in disbursing funds and the uptake had been good.
>>>
>>> My producer had a rude shock when they called up the first 20 names,
>>> either numbers were dead, the people had no idea what we were talking about
>>> while several became downright menacing when we told them why we were
>>> calling.
>>>
>>> We were 'quietly' adviced to drop that project from our end.
>>>
>>> My guess is a good as yours about what happened to that cash.
>>>
>>>
>>> On Wed, Jan 22, 2014 at 2:31 PM, robert yawe <robertyawe at yahoo.co.uk>wrote:
>>>
>>>>  @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 <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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>>>>
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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
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>>>> sector in support of the national aim of ICT enabled growth and development.
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>>>
>>>
>>>
>>> --
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> * Warm Regards,  PETER WAKABA                  AFRICA BUSINESS EDITOR,
>>> CCTV AFRICA             Every morning in Africa, a gazelle wakes up, It
>>> knows it must run faster than the fastest lion or it will be killed. Every
>>> morning a lion wakes up, it knows it must outrun the slowest gazelle or it
>>> will starve to death. It doesn't matter whether you are a gazelle or a
>>> lion. When the sun comes up, you better start running. - In "The World is
>>> Flat" by Thomas L. Friedman.*
>>>
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>>> 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,
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>>> not spam, do not market your wares or qualifications.
>>>
>>
>>
>> _______________________________________________
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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.
>>
>
>
>
> --
>
>
>
>
>
>
>
> *Warm Regards,  PETER WAKABA                  AFRICA BUSINESS EDITOR, CCTV
> AFRICA             Every morning in Africa, a gazelle wakes up, It knows it
> must run faster than the fastest lion or it will be killed. Every morning a
> lion wakes up, it knows it must outrun the slowest gazelle or it will
> starve to death. It doesn't matter whether you are a gazelle or a lion.
> When the sun comes up, you better start running. - In "The World is Flat"
> by Thomas L. Friedman.*
>
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