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Startups from Africa
As seen during the Demo Day of Afrikoin in Nairobi, KenyaNovember 2013
Innovation has no place in a global world, it’s everywhere
Innovation ecosystems can learn from one another
Local context matters and should be a source for innovators
This is why…
We’re on a world tour of innovation ecosystems!
We believe…
A Demo Day in Nairobi
The Savannah Fund showcases 4 African start-ups
4 start-ups from the Savannah Fund
• Founded by Mbwana Alliy• Operating from Nairobi in Africa• 9 startups in portfolio, 4 of which presented at Afrikoin 2013• Their website
#1 – Zatiti, “Powering mobile e-commerce”
• 81% of sellers in Kenya want a mobile e-commerce solution• Dev are hard to find, projects are expensive, and long
#1 – Zatiti, “Powering mobile e-commerce”
• Zatiti, a mobile e-commerce website builder with CMS• 98% Kenyans access the web through mobile
#1 – Zatiti, “Powering mobile e-commerce”
• Several revenue streams: 2% transaction fee, premium templates, domain name registration…
• Crafted to the local market (mobile payment)
#1 – Zatiti, “Powering mobile e-commerce”
• Meet the team! • Twitter: @Zatiti • Facebook: http://www.facebook.com/zatitiOfficial
David Njuguna• 11 years web
programmer & entrepreneur
Grace Kiburi• 4 years customer
support & E-commerce entrepreneur
#2 – Zished, “Celebrate special moments in Africa”
• Gifting from abroad to Africa is a pain• For Ghana only, 310 000 diasporans with 93 000 potential users (Pop.
aged 18-34)• $100 average order, actual commission 12.5% (Western Union)
#2 – Zished, “Celebrate special moments in Africa”
• Zished cuts down on intermediates and link up the gift to a delivery network directly
• Next steps: implementation of a Voucher app to send immaterial gifts
#2 – Zished, “Celebrate special moments in Africa”
• Potential market of diaspora/remittance is huge• Obstacles as well: how to ensure logistics/delivery?
#2 – Zished, “Celebrate special moments in Africa”
• Meet the team! • Twitter: @Zished• Facebook: http://www.facebook.com/Zished
#3 – Instaid, “Send Food & Medical Aid instantly”
• Distribution of physical aid & food suffer huge loss along the road: only $3.5bn out of $17.4bn of aid in Africa reach beneficiaries
• Beyond physical aid, “paper vouchers” also have low reach (33% of beneficiaries)
#3 – Instaid, “Send Food & Medical Aid instantly”
• Instaid is a platform for organizations to create, manage and distribute medical & nutritional e-vouchers on mobile
• Business model: Setup fees + maintenance/hosting & transaction fees
#3 – Instaid, “Send Food & Medical Aid instantly”
• Aid organizations have access to a dashboard to track voucher & redeem rates, payments
#3 – Instaid, “Send Food & Medical Aid instantly”
• Roadmap for 2014-2015: 5 organizations & 50 000 beneficiaries, online voucher transfers, Card-based solution
#3 – Instaid, “Send Food & Medical Aid instantly”
• Meet the team! • www.cardplanetsolutions.co.ke
Sam MasindeCTO
Rodgers MuhadiCEO
Evelyn Wangari Operations
Maryann MasitsaSales & Marketing
#4 – Inforex, “A Forex bureau networking system”
• Many gaps of information in Africa Forex can be filled• For a single forex request, price difference can be more than $100
#4 – Inforex, “A Forex bureau networking system”
• Inforex provides better visibility on rates without a need for “scouts”• Both individuals, companies & institutions can benefit from a better info
#4 – Inforex, “A Forex bureau networking system”
• Traders have a dashboard to gather info from the different Foreign Exchange bureau in the country/city
• Market size is $8bn of Forex deals in Uganda alone
#4 – Inforex, “A Forex bureau networking system”
• Roadmap for Inforex Africa: mobile app, partnerships with institutions and associations of forex bureau
#4 – Inforex, “A Forex bureau networking system”
• Meet the team! • http://inforexafrica.com/
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