From Ingenuity to Innovation: Africa Leapfrogging the 20th Century
Leapfrogging as an innovation pattern
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Transcript of Leapfrogging as an innovation pattern
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seedstarsworld *
@marcelloscherme @gregpeps
LEAPFROGGING AS AN INNOVATION PATTERN:
HOW AFRICAN ENTREPRENEURS ARE TAKING THE FAST TRACK
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WHO DO WE HAVE IN THE ROOM?
WHAT ARE YOUR EXPECTATIONS?
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1) WHAT IS SSW?
2) BUSTING MYTHS
3) THE NUMBERS
4) STEP IN THE SHOES OF AN ENTREPRENEUR
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WHAT IS SEEDSTARS WORLD?
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SEED STARS WORLD
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2015 Itinerary
7
Abidjan, Accra, Addis Ababa, Cape Town, Dakar, Dar Es
Salaam, Gaborone, Kampala, Kigali, Lagos, Luanda, Maputo,
Nairobi
`LATAM9 regional events
CEE & MENA15 regional events
Africa13 regional events
Asia & Oceania16 regional events
Bogota, Buenos Aires, Lima, Mexico City, Montevideo,
Panama, Quito, Santiago, Sao Paulo
Alger, Amman, Baku, Beirut, Belgrade, Cairo, Casablanca,
Dubai, Istanbul, Kiev, Moscow, Ramallah, Sofia, Tehran,
Yerevan
Bangalore, Bangkok, Dhaka, Ho Chi Minh, HK, Islamabad, Jakarta,
Kuala Lumpur, Manila, Naypyidaw, Seoul, Shanghai,
Singapore, Sydney, Taipei, Tokyo
50+cities &events
4 regional teamsontheground
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INVESTCONNECTPROMOTE
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INVEST$500k = Global Winner $500k = Best Travel Startup
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CONNECT500+ partners300+ investors50+ countries
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PROMOTEGlobally400+ articles50+ countries
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Seedstars Summit in Lausanne
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#02 #03 #04
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BUSTING MYTHS:WHAT DO YOU KNOW
ABOUT AFRICA?
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Classify these countries from largest to smallest population:
A. South AfricaB. KenyaC. NigeriaD. Ethiopia
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Classify these countries from largest to smallest population:
A. Nigeria (183mio)B. Ethiopia (99mio)C. South Africa (55mio)D. Kenya (45mio)
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The real size of Africa
Africa Population today (2016):1.2 billion
Africa Population 2025:1.5 billion
Africa Population 2050:2.5 billion
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What is the median age of Africa?
A. 12.8B. 19.5C. 23.2D. 32.3
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What is the median age of Africa?
A. 12.8B. 19.5C. 23.2D. 32.3
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What is the median age of Africa?
A. 12.8B. 19.5C. 23.2D. 32.3E. Europe = 41.9
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What is the mobile phone penetration in Africa?
A. 21%?B. 34%?C. 47%?D. 65%?
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What is the mobile phone penetration in Africa?
A. 21%?B. 34%?C. 47%?D. 65%?
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What is the mobile phone penetration in Africa?
A. 21%?B. 34%?C. 47%?D. 65%?E. USA = 103%
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2014 2015
China India
United States China
Japan Indonesia
Brazil South Africa
United Kingdom Brazil
Germany Pakistan
India Nigeria
South Korea Egypt
Russia Vietnam
Italy Bangladesh
TOP 10 SMARTPHONE MARKETS FOR GROWTHBY VALUE
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What is the bandwidth capacity growth rate in Africa (between 2011-2015)?
A. 27%?B. 39%?C. 42%?D. 51%?
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What is the bandwidth capacity growth rate in Africa (between 2011-2015)?
A. 27%?B. 39%?C. 42%?D. 51%?
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How many hours per day do South Africans spend on social media on average?
A. 1B. 2C. 3D. 4
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How many hours per day do South Africans spend on social media on average?
A. 1B. 2C. 3D. 4
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How many hours per day do South Africans spend on social media on average?
A. 1B. 2C. 3D. 4E. USA = 2
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What percentage of the Kenyan GDP flows through mobile phones?
A. 13%?B. 29%?C. 42%?D. 67%?
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What percentage of the Kenyan GDP flows through mobile phones?
A. 13%?B. 29%?C. 42%?D. 67%?
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Source: http://www.gsma.com
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Sources: United Nations, World Bank, Internet World Stats, eMarketer, Statista
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WHAT DO ALLTHESE NUMBERSMEAN TO YOU?
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ENTREPRENEURSHIPIN AFRICA
THE NUMBERS
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The funding landscape
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The funding landscape
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The funding landscape
SOUTH AFRICAAve Deal Size:$500k - $1,2millMain Sector: Fintech
TANZANIAAve Deal Size:$107k Off Grid Electric 98% fundsMain Sector: SolarNIGERIA
Ave Deal Size:$1,6millMain Sectors: Fintech & eCommerce
GHANAAve Deal Size:$218k Main Sector:Fintech
KENYAAve Deal Size:$940k - $2,6mill(with M-KOPA)Main Sector: Solar
EGYPTAve Deal Size:$950k Main Sector: eCommerce
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The funding landscape
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TRENDS
FROM NO TECH TO HIGH TECH
ENABLING VS REPLACING PEOPLE
GROWING MIDDLE CLASS
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WHAT MAKES INNOVATIONIN AFRICA UNIQUE?
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Tools
46
Solar SMS USSD IoT
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Case Studies
47
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
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COUNTERFEITMEDICATION
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COUNTERFEITMEDICATION
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HOW WOULD YOUSOLVE THIS?
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MPEDIGREEGHANA
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Case Studies
52
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
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MOBILE PHONECHARGING
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HOW WOULD YOUSOLVE THIS?
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Case Studies
56
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
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LOOKING FORJOBS
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HOW WOULD YOUSOLVE THIS?
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Confidential
Giraffeenablesbusinessestogettherightstaffwithin48hours,atverylowcost
Jobseeker Employer
JobseekercreatesCVbySMSing 34345
Employerlogsstaffrequestonline
Matchbestcandidates
CandidatesreceiveSMSandreplyifinterested
CandidatesarriveforinterviewSchedule
interview
CVstoredin
database
34345
59
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Case Studies
60
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
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BETTERFARMING
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HOW WOULD YOUSOLVE THIS?
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EMPOWERINGFARMERS
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WHAT DID YOUTAKE AWAY?
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Innovation made in Africa
Global Problem
Local Solution
Global Awareness
Sweet Spot
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AFRICANENTREPRENEURSCANLEVERAGETHEBESTTECHNOLOGIES&KNOWLEDGETOSOLVEGLOBALPROBLEMSTHATTHERESTOFTHEWORLDISNOTEVENAWAREOF.
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Q & A
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THANK YOU!