[kictanet] U.S. $ 140 million investment in local startups by Kenyan government
Peter Wakaba
peterwakaba at gmail.com
Wed Jan 22 14:42:02 EAT 2014
HERE, THEY OFFER U CASH, YOU SAY NO, THEY DOBLE IT, OFFER IT TO UA BOSS AND
U STILL DONT GET TO DO THE STORY....
On Wed, Jan 22, 2014 at 6:59 PM, Adam Nelson <adam at varud.com> wrote:
> 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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>>>>>
>>>>> --
>>>>> *Regards,*
>>>>>
>>>>> *Wait**haka 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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>>>>
>>>>
>>>>
>>>> --
>>>>
>>>>
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> * 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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>>>>
>>>> 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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>>>>
>>>
>>>
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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
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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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>
> 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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