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

[Peter Wakaba]

Adam, notice, the deathly 'silence' around this topic..... see no evil hear
no evil....


On Wed, Jan 22, 2014 at 7:52 PM, Adam Nelson <adam at varud.com> wrote:

> Kenya is ripe for something like Huffington Post or Politico - an online
> only 'newspaper' that has a full newsgathering capacity with proper
> branding and a marketing budget.
>
> Such a site could definitely reach 10M monthly uniques (if it was properly
> funded) and generate probably $1MUSD/year in revenues in 2 years with a
> $300-500kUSD investment .... too bad the $140M is already gone :-/
>
> --
> 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 2:42 PM, Peter Wakaba <peterwakaba at gmail.com>wrote:
>
>> 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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>>>>>>>
>>>>>>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder
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>>>>>>>
>>>>>>>
>>>>>>> _______________________________________________
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>>>>>>>
>>>>>>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder
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>>>>>>>
>>>>>>>
>>>>>>> _______________________________________________
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>>>>>>> Unsubscribe or change your options at
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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
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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.*
>>>>>>
>>>>>> _______________________________________________
>>>>>> kictanet mailing list
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>>>>>>
>>>>>> Unsubscribe or change your options at
>>>>>> https://lists.kictanet.or.ke/mailman/options/kictanet/adam%40varud.com
>>>>>>
>>>>>> 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.
>>>>>>
>>>>>
>>>>>
>>>>> _______________________________________________
>>>>> kictanet mailing list
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>>>>>
>>>>> Unsubscribe or change your options at
>>>>> https://lists.kictanet.or.ke/mailman/options/kictanet/peterwakaba%40gmail.com
>>>>>
>>>>> 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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>>>
>>> Unsubscribe or change your options at
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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.*
>>
>
>


-- 







*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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