startups from africa (2013) following the savannah fund demo day in nairobi, kenya

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/

Thanks!

Martin Pasquier, for Rock my EcosystemMartin.pasquier@agencetesla.com