The “boring” season in Africa’s techpreneurship space

Things are about to get dull and boring in the African technology space and I will tell you why. We have come a long way from the excitement of multiple cables landing at our coastlines, the release of the fully featured brand X phone running the latest Y operating system and the building of vanity applications that used any available API to showcase what we dubbed “m-vitus” following the craze of appending the prefix denoting the mobile and internet focus of the projects. Continue reading The “boring” season in Africa’s techpreneurship space

The pros and cons of Mpesa Generation II for business

I am impressed by the work that went into the Mpesa Generation II platform iteration. While it has grown in complexity, it covers almost all the permutations that make for a more efficient business operation where the speed of cash flow is key to sustaining many enterprises. We have in the past explored how the banking sector has been caught napping, as Safaricom extended its focus from peer to peer money movement to business transactions. This has a number of benefits for small and medium sized businesses, both in relation to trade between themselves and trade with large enterprises, who have since time immemorial leveraged the earnings and trade volumes of their suppliers on punitive pay cycles. Continue reading The pros and cons of Mpesa Generation II for business

The missing art and detail of the tech exit

The purpose of every business should be to create value sustainably and deliver a return on risk taken on capital and human resource. As the Event Director of Africa’s largest technology showcase where startups and upstarts from across Africa have in the past editions successfully launched to the world, the biggest gap that still exists is that of articulating the art and detail of the deal, inclined toward technology businesses that are often service based. Continue reading The missing art and detail of the tech exit

Understanding the nuances of mobile value added services

Mobile technology has come a long way since the wide-eyed days when access to it was a preserve of the wealthy. In the present day with official stats putting the Kenyan market at 33.3 million mobile subscribers, every single business entity has a large percentage of its consumers active daily on mobile making the channel most attractive for marketing, demand generation and general communication. Continue reading Understanding the nuances of mobile value added services