[kictanet] Local Funding

[ceo]

This is a very informative article. The link referred to has very rich information.

Regards,

AbdallaOn May 29, 2017 9:23 AM, "S.M. Muraya via kictanet" <kictanet at lists.kictanet.or.ke> wrote:
>
> Dear Listers, 
>
> With permission from an upcoming software entrepreneur (: born after  this "Wise Owl" already had an ID :)
>
> "Was talking to some investors my age sometime this year, they had to talk to an investor in England to advise them about investing in a Kenyan solution for a problem he didn't understand as he is based in the UK. They shared the response and apparently they took every word he said as Bible truth."
>
> The software entrepreneur also provided me with this link
>
> https://medium.com/@sankara_/its-time-to-fix-the-startup-funding-landscape-in-kenya-68aba60a45d7
>
> My response:
>
> Essentially, we need to deal with corruption in our society, not rely on foreign funding. It does not help, most of our local youth worship foreigners.
>
> The nations ranked worst by Transparency International, do not build up and consequently trust their own talent and firms.
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