A LOOK AT EAST AFRICA
FUNDAMENTALS, MOBILE MONEY, AND ENTREPRENEURSHIP IN EAST AFRICA
WHAT ARE YOU CALLING EAST AFRICA?
ABOUT “EAST AFRICA”
THE EAST AFRICA COMMUNITY (EAC) + ETHIOPIA HAS A LARGE POPULATION, IS WELL CONNECTED, AND GETTING RICHER
ABOUT “EAST AFRICA”
THREE OF THE FIVE FASTEST GROWING CITIES IN SUBSAHARAN AFRICA ARE IN EAST AFRICA
ABOUT “EAST AFRICA”
KENYAN AND TANZANIAN PEOPLE ENJOY THE HIGHEST PER CAPITA INCOME IN EAST AFRICA AND ETHIOPIA IS GROWING RAPIDLY
ABOUT “EAST AFRICA”
KENYAN AND TANZANIAN PEOPLE ARE ALSO THE MOST URBAN AMONG RESIDENTS OF EAST AFRICA (RWANDA TOO)
ABOUT “EAST AFRICA”
EAST AFRICA REPRESENTS ⅓ OF MOBILE BROADBAND USERS IN SUB-SAHARAN AFRICA (KENYA & TANZANIA MORE THAN 10M 3G/4G SUBS)
WHAT’S MOBILE MONEY ALL ABOUT?
MOBILE MONEY IN EAST AFRICA
THERE ARE SEVERAL ESTABLISHED MOBILE MONEY PLAYERS EXCLUDING STARTUPS (MOST ARE TELCOS)
MOBILE MONEY IN EAST AFRICA
EAST AFRICA LEADS SUBSAHARAN AFRICAN IN REGISTERED MOBILE MONEY ACCOUNTS (THE MOST IN THE WORLD)
MOBILE MONEY IN EAST AFRICA
IN KENYA TRANSACTION VALUE IS NEARLY KSHS 200B EVERY MONTH AND MORE THAN ½ OF ADULTS USE MOBILE MONEY
WHAT ABOUT ENTREPRENEURSHIP?
ENTREPRENEURSHIP IN EAST AFRICA
KENYA IS APPROACHING MIDDLE-INCOME STATUS AND OUT-PERFORMS SOUTH AFRICA IN SOME KEY INDICATORS
ENTREPRENEURSHIP IN EAST AFRICA
ACCORDING TO VC4AFRICA KENYA IS ON PAR WITH NIGERIA IN TERMS OF VENTURE BACKED STARTUPS…
ENTREPRENEURSHIP IN EAST AFRICA
… AND THE AVERAGE INVESTMENT SIZE IS NEARLY 4X THAT OF NIGERIAN STARTUPS AND ON PAR WITH SOUTH AFRICA
ENTREPRENEURSHIP IN EAST AFRICA
TALENTED PEOPLE ARE AT THE “BIG THREE” IN EAST AFRICA BUILDING INNOVATIVE SERVICES LIKE KAYMU AND RUPU…
ENTREPRENEURSHIP IN EAST AFRICA
… AND THERE ARE TALENTED PEOPLE BUILDING A DYNAMIC STARTUP ECOSYSTEM INCLUDING INVESTORS, ACCELERATORS, AND EVENTS
ANY QUESTIONS? ABOUT[DOT]ME /MALESNIAK