From Ingenuity to Innovation: Africa Leapfrogging the 20th Century

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Seed Capital for Web and Mobile Entrepreneurs in Emerging Africa Markets www.chembe.com

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Presentation given by Sean Murphy of Chembe Ventures at the Betavine 3rd Birthday Party, Frontline Club, London, Thursday, February 11, 2010

Transcript of From Ingenuity to Innovation: Africa Leapfrogging the 20th Century

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Seed Capital for Web and Mobile Entrepreneurs in Emerging Africa Markets

www.chembe.com

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What We Do to Help African Tech Entrepreneurs

Direct investments in pre-revenue ventures:- Status Uganda, Kickstarters Kenya

Sponsor conferences and workshops:- Barcamp Africa UK, Barcamp Abidjan Sponsor web sites:- Afrinnovator.com

Run business plan and VC competitions:- East-West Challenge, Chembe Urban Security Competition

2010 – betavine.com/chembecompetition

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From Ingenuity to Innovation: Africa Leapfrogging the 20th century

Photo Credit www.afrigadget.com

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Everyday African Hacks for Power, Light, Food and Fun

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Photo Credit - Women of Uganda Network

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Photo Credit Matt Berg www.buildafrica.org

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Photo Credit Matt Berg www.buildafrica.org

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Photo credit Paula Kahumbu www.afrigadget.com

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Photo credit Paula Kahumbu www.afrigadget.com

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Photo Credit www.afrigadget.com

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Top photo credit TMSruge.com

Bottom photo credit www.afrigadget.com

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Top photo credit Cedric KalonjiBottom photo Credit Luca Varaschini

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Top photo credit www.solanterns.comBottom photo credit www.whiteafrican.com

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Top photo credit www.businessweek.com

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• 315 million mobile phone users – 32 % penetration

• 50 million internet users (fixed and mobile broadband) – 5 % penetration

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400,000 settlements in Africa

• Of these – 4 % have access to at least 1 fixed line

• 2 % have access to an Internet connection

• 45 % have access to a mobile phone signal

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Where’s the innovation

Mobile digital payment systems

Mobile social media networks

Mobile healthcare services

Mobile “Jua Kali”

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M-PESA

24Photo credit Safaricom

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• 7 million customers have registered with the service

• 9,000 distribution agents in Kenya• 150 million Ksh (US$1.96 million) is

transferred through M-PESA per day• Average amount is 1,500 Ksh (US$20) per

transaction• To date the system has handled over 130

billion Ksh (US$1.7 billion)

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MXit

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• 9 million users

• 17 million logins per day

• 250 k messages per day

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MXit link on Nike billboard at OR Tambo Airport - photo credit Shuttleworth

Foundation

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Pascal Katana - photo credit www.afrigadget.com

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Kibera

• Population: 1 million

• 2.5 square kilometres (0.965 square miles)

• Less than 1% of Nairobi's total area – 25 % of Nairobi’s residents

• 1250 people per square acre

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Chembe Competition: the brief

• early warning notifications of criminal activity, violence or other security threats

• assistance for families, communities at risk of crime

• reducing crime, preventing the spread of violence

• location, identification and assistance of victims of violence or crime

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betavine.com/chembecompetition

• Upload a solution on BSX

• Anyone can enter: individuals, groups, companies

• Deadline: April 30th, 2010

• Must include sustainability plan, must be designed for deployment in an African urban environment

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