[kictanet] Breaking: Kenya’s M-Kopa Solar Closes $12.45 million Fourth Funding Round (What fluff?)

[S.M. Muraya]

Not at all. In fact some local family business are more than 50x bigger.
They value and serve the local masses and foreign investors keep on
hounding them for shares.
On Feb 2, 2015 3:08 PM, "cdohnio" <cdohnio at gmail.com> wrote:

> Are you saying that a similar business by a Kenyan would not have reached
> as far? Because then you would be implying that only thing holding the
> industry back is the fact that we're Kenyan, African, black. Not education,
> not skill, not capital, nothing else
>
> All the best,
> princelySid
>
> *Twitter:* @princelySid | *Website: *cdohnio.blogspot.com
>
> On Mon, Feb 2, 2015 at 3:03 PM, S.M. Muraya <murigi.muraya at gmail.com>
> wrote:
>
>> Our youth under 30 need to understand it is futile appealing to foreign
>> investors before winning over local investors.
>>
>> M-Kopa is a case of focused foreigners who know what they came here to
>> accomplish, not locals appealing to foreigners.
>> On Feb 2, 2015 2:40 PM, "cdohnio via kictanet" <
>> kictanet at lists.kictanet.or.ke> wrote:
>>
>>> http://techmoran.com/m-kopa-solar-closes-fourth-funding-round/
>>>
>>> There's a lot of talk of fluff in the Kenyan startup scene but I think
>>> hearing news like this puts all that nonsense to shame. This was a 1.1
>>> billion round they just raised after a third round where they raised almost
>>> 2 billion last year. If this doesn't speak for the startup scene I don't
>>> know what will.
>>>
>>> All the best,
>>> princelySid
>>>
>>> *Twitter:* @princelySid | *Website: *cdohnio.blogspot.com
>>>
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