Rise of Kenyan silicon Savannah.

Joined
Feb 6, 2017
Messages
393
Reputation
150
Daps
820
Reppin
Stoic disciples
The Rise Of Silicon Savannah And Africa’s Tech Movement
groups-coding-their-ideas.jpg

Nascent as it may be, Sub-Saharan Africa (SSA) does have a promising tech sector — a growing patchwork of entrepreneurs, startups, and innovation centers coalescing country to country. *

Kenya is now a recognized IT hub. Facebook recently expanded on the continent. And Silicon Valley VC is funneling into ventures from South Africa to Nigeria.

These pieces are coming together as Africa’s budding tech culture and ecosystem emerge.

The Rise of Silicon Savannah

Most discussions of the origins of Africa’s tech movement circle back to Kenya. From 2007 through 2010 a combination of circumstance, coincidence, and visionary individuals laid down four markers inspiring the country’s Silicon Savannah moniker:

  • Mobile money,
  • A global crowdsourcing app,
  • Africa’s tech incubator model; and
  • A genuine government commitment to ICT policy.
In 2007, Kenyan telecom company Safaricom launched its M-PESA mobile money service to a market lacking retail banking infrastructure yet abundant in mobile phone users. The product converted even the most basic cell phones into roaming bank accounts and money-transfer devices.
nailab-space.jpg

Within two years M-PESA was winning international tech awards after gaining nearly six million customers and transferring billions annually. The mobile money service shaped the continent’s most recognized example of technological leapfrogging: launching ordinary Africans without bank accounts right over traditional brick-and-mortar finance into the digital economy.

Shortly after M-PESA’s arrival, political events in Kenya would inspire creation of one of Africa’s first globally recognized apps, Ushahidi. In late 2007, four technologists — Erik Hersman (an American who grew up in Kenya), activist Ory Okolloh, IT blogger Juliana Rotich, and programmer David Kobia—linked up to see what could be done to quell sporadic violence as a results of an inconclusive presidential election.

Notable as it has become, Silicon Savannah is but one corner of Africa’s tech movement.
Over a three-day period the techies came up with the Ushahidi app (meaning “witness” in Swahili) to digitally, rapidly, and publicly track outbreaks of violence during Kenya’s election crisis.

The Ushahidi software that evolved became a highly effective tool for digitally mapping demographic events. As Kenya shifted back to stability, requests came in from around the globe to adapt Ushahidi for other purposes. By the end of 2008, the app had become Ushahidi the international tech company, which now has multiple applications in more than 20 countries.

Soon thereafter Erik Hersman would flesh out the ideas that spurred Africa’s innovation hub movement. He wrote in a blogpost to other techies, that what African tech needed was “permanent community spaces. Hubs…in major cities with a focus on young entrepreneurs. . . . Part open community workspace (co-working), part investor and VC hub and part idea incubator. The nexus point for technologists, investors, [and] tech companies.”

These exchanges hatched the iHub innovation center on Nairobi’s now African IT–synonymous Ngong Road. Since 2010 152 companies have formed out of iHub. It has 15,000 members and on any day, numerous young Kenyans work in its labs and interact with global technologists such as Yahoo CEO Marissa Mayer (a past speaker). iHub gave rise to Africa’s innovation center movement, inspiring the upsurge in tech hubs across the continent.

Rounding off Silicon Savannah hallmarks M-PESA, iHub, and Ushahidi was the completion of the TEAMs undersea fiber optic cable, which arrived in Mombasa in 2010, and significantly increased broadband in East Africa.

The project was largely the vision of Kenya’s then Permanent Secretary in the Ministry of Information and Communications, Bitange Ndemo, who saw benefits in “developing Kenya’s Information Communication Technology (ICT) infrastructure toward the country becoming a regional ICT hub.” An ICT master plan he shaped in 2006 would eventually became the template for the Kenyan government’s strong commitment to ICT policy. By 2013 Kenya formed its own fully staffed ICT Authority.
 

Frangala

All Star
Joined
Nov 18, 2016
Messages
1,389
Reputation
478
Daps
4,749
Reppin
Le Grand Congo (Kin)
It's amazing what decent governance can do (not to say that Kenya doesn't have problems) but it is literally starting to become the hub of the continent without a resource-rich economy. The private sector stuff is quite active whether it is fintech,renewable energy, great private equity activity. McKinsey is predicting that half of of the billion dollar companies in revenues in 10 years will be based in emerging markets (mostly in Asia but some in Africa).
 
Joined
Feb 6, 2017
Messages
393
Reputation
150
Daps
820
Reppin
Stoic disciples
It's amazing what decent governance can do (not to say that Kenya doesn't have problems) but it is literally starting to become the hub of the continent without a resource-rich economy. The private sector stuff is quite active whether it is fintech,renewable energy, great private equity activity. McKinsey is predicting that half of of the billion dollar companies in revenues in 10 years will be based in emerging markets (mostly in Asia but some in Africa).
This...Decent governance and no civil wars goes a long way in growing development. If African nations with resources did this Kenya would be one of the poorest countries on the continent but unfortunately resource rich countries have been the main focus of foreign attacks for generations.
Human resources are as important as natural resources. A good example is DRC, they lost 10 million souls to King Leopold, remember Africa back then was very sparsely populated, to kill 10 mil people in the 19th century is very serious, those were the smartest and most rebellious Congolese that were wipe out. Infact its better to have higher brain capital than natural resources. If DRC had the same amount of skilled labor and investor magnetism as Kenya they would be super powerful.
 

thekyuke

Pro
Joined
May 20, 2013
Messages
1,590
Reputation
-605
Daps
2,148
Reppin
NULL
This...Decent governance and no civil wars goes a long way in growing development. If African nations with resources did this Kenya would be one of the poorest countries on the continent but unfortunately resource rich countries have been the main focus of foreign attacks for generations.
Human resources are as important as natural resources. A good example is DRC, they lost 10 million souls to King Leopold, remember Africa back then was very sparsely populated, to kill 10 mil people in the 19th century is very serious, those were the smartest and most rebellious Congolese that were wipe out. Infact its better to have higher brain capital than natural resources. If DRC had the same amount of skilled labor and investor magnetism as Kenya they would be super powerful.
Exactly! With 2 decades of 6% growth annually we'll be another Botswana-its possible. We'e diversified in many ways.

"One in every 10 mobile money transactions in the world is done in Kenya highlighting Nairobi’s stature as the cradle of mobile cash.



Kenyans made a total of 1.52 billion mobile money dealings last year — peers’ transfer, sports betting, and paying for shopping and utility bills — out of 14.8 billion transactions carried out globally, according to data from the Central Bank of Kenya and mobile industry lobby GSM"
1 out of 10 global mobile transactions done in Kenya
 

Apollo Creed

Look at your face
Supporter
Joined
Feb 20, 2014
Messages
52,594
Reputation
12,822
Daps
199,184
Reppin
Handsome Boyz Ent
The dopest article I read all month, maybe all year.


Is anyone knowledgeable with african mobile money services? I wonder if they'll adopt bitcoin

Why would they adopt bitcoin? Bitcoin isnt really accepted anywhere but porn sites and trival stuff like that from what I have seen. And who would they be able to do business with if they adopt the bitcoin as their currency or use it to back their national currency? Im not trying to be smart, Im asking because Im not well versed on this cryptocurrency stuff.
 

Kenny West

Veteran
Joined
May 29, 2012
Messages
24,707
Reputation
5,792
Daps
90,732
Reppin
NULL
Why would they adopt bitcoin? Bitcoin isnt really accepted anywhere but porn sites and trival stuff like that from what I have seen. And who would they be able to do business with if they adopt the bitcoin as their currency or use it to back their national currency? Im not trying to be smart, Im asking because Im not well versed on this cryptocurrency stuff.

Depends on what falls under the umbrella of trival stuff fr. There are retail sites that accept bitcoin and that can enable africans do transactions on international markets where they might be limited to nation specific currencies before. Africans abroad can send money back home easier etc.

It being unregulated (less interference from corrupt govt) and the ability to mine it from the resources they're currently building is a couple good reasons.

I'm not saying about adopt it or back it officially, too many moving parts to even begin trying to get that done. But whether they could make use of it is interesting to me. I was at this african restaurant in philly last week and they had a cash to bitcoin machine in there I kid you not. They didn't even have an atm but they had a bitcoin machine. I'm checking it out and other folks in the restaurant are asking me what it is n shyt :heh:
 

Apollo Creed

Look at your face
Supporter
Joined
Feb 20, 2014
Messages
52,594
Reputation
12,822
Daps
199,184
Reppin
Handsome Boyz Ent
Depends on what falls under the umbrella of trival stuff fr. There are retail sites that accept bitcoin and that can enable africans do transactions on international markets where they might be limited to nation specific currencies before. Africans abroad can send money back home easier etc.

It being unregulated (less interference from corrupt govt) and the ability to mine it from the resources they're currently building is a couple good reasons.

I'm not saying about adopt it or back it officially, too many moving parts to even begin trying to get that done. But whether they could make use of it is interesting to me. I was at this african restaurant in philly last week and they had a cash to bitcoin machine in there I kid you not. They didn't even have an atm but they had a bitcoin machine. I'm checking it out and other folks in the restaurant are asking me what it is n shyt :heh:

Im not in the bitcoin scene so Im probably just ignorant to the benefits.

Isnt the bitcoin like 1 bitcoin = 200 bucks? Lol now how much kenyan, south african, nigerian, etc. currency do you need to get 1 bitcoin? Imo it could be a mess, but idk.
 

Kenny West

Veteran
Joined
May 29, 2012
Messages
24,707
Reputation
5,792
Daps
90,732
Reppin
NULL
Im not in the bitcoin scene so Im probably just ignorant to the benefits.

Isnt the bitcoin like 1 bitcoin = 200 bucks? Lol now how much kenyan, south african, nigerian, etc. currency do you need to get 1 bitcoin? Imo it could be a mess, but idk.
It's over 1400 USD last I checked.


But the prices of stuff isn't scaled up to that amount. A 1$ shirt isn't gonna cost 1400$ just cuz you bought it in bitcoin. The amounts for stuff will literally be on some 0.0000034354 Bitcoins shyt. Shouldn't be much more hassle than any other currency exchange.
 
Top