Investing in East Africa

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

THREE OF THE FIVE FASTEST GROWING CITIES IN SUBSAHARAN AFRICA ARE IN EAST AFRICA

KENYAN AND TANZANIAN PEOPLE ENJOY THE HIGHEST PER CAPITA INCOME IN EAST AFRICA AND ETHIOPIA IS GROWING RAPIDLY

KENYAN AND TANZANIAN PEOPLE ARE ALSO THE MOST URBAN AMONG RESIDENTS OF EAST AFRICA (RWANDA TOO)

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)

EAST AFRICA LEADS SUBSAHARAN AFRICAN IN REGISTERED MOBILE MONEY ACCOUNTS (THE MOST IN THE WORLD)

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

ACCORDING TO VC4AFRICA KENYA IS ON PAR WITH NIGERIA IN TERMS OF VENTURE BACKED STARTUPS…

… AND THE AVERAGE INVESTMENT SIZE IS NEARLY 4X THAT OF NIGERIAN STARTUPS AND ON PAR WITH SOUTH AFRICA

TALENTED PEOPLE ARE AT THE “BIG THREE” IN EAST AFRICA BUILDING INNOVATIVE SERVICES LIKE KAYMU AND RUPU…

… AND THERE ARE TALENTED PEOPLE BUILDING A DYNAMIC STARTUP ECOSYSTEM INCLUDING INVESTORS, ACCELERATORS, AND EVENTS

ANY QUESTIONS? ABOUT[DOT]ME /MALESNIAK

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