TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners -...

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Read about TENAK AFRICA - What are their story and what do they do to help finance product development in collaboration with local partners in Africa

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Page 1: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

TENAK GROUP

» TENAK

» TENAK Africa

» V. B. METAL

» COPE mining

» THE NEWS . . .

Page 2: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

TENAK • The Story

• From production to Africa

• What we do :

– V.B. METAL : Thin plate iron applications

– TENAK : Racks and Boxes

• USER DRIVEN INNOVATION

. . . In the small

Page 3: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

HOW TENAK Africa • One-stop-supplier of Laboratory eguipment from all reconized

brands around the globe, to our African Partners.

• Spinn off from TENAK

• 2012

• Growth : 50 % a year

• Focus : ONLY ON AFRICA

• Grow way : East, West, South as Hubs

• Market : SubSaharian – north of South Africa.

Page 4: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

HOW TENAK Africa II

• Sales and Development on tree legs

• 1) Sourcing for TENDERS via partners

• 2) Day 2 Day Business to Labs

• 3) Our first own LAB in Nairobi, Kenya with partner

• Daily communication with Africa

• We are going to stay

• We Will fight the common fights on better finance, better living and better self-development

• What we do is : Business . . . and Business 2 Business Aid

Page 5: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

AFRICA TODAY

• Ebola

• Lot of deceases

• Difficult trade

• Unstable economies and politics

• Bad Financing in Africa : expensive to trade – TO expensive goods for people

• Corruption

• Low livingstandards for the many

Page 6: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

AFRICA TODAY II • High growth in many countries :

[Kenya, Uganda, Tanzania, Nigeria, RSA, Ghana osv.]

. . . 7 of the worlds fastest growing economies is in AFRICA !!!

• Huge willingness to will

• Lovely cultures and countries

• Exiting to trade

• Smartphones : Pay systems

• Telecommunications

• Solar cells

• Medicin, Laboratories, doctor clinics etc.

Page 7: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

AFRICA TODAY III

VÅGN OP DANMARK / SCANDINAVIEN !!!

• KINESERNE ER DER – MASSIVT

• USA ER DER MASSIVT

• MELLEMØSTEN & INDIA KAN VÆRE DER HURTIGT

• Vi kan meget mere, men . .

”VI SOVER i DANMARK”

Page 8: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

TENAK Africa

• We are here to stay together and grow

• We beliver in the growth for Africa – this is the wawe . . . Start surfing NOW ! (Banks and finance)

• Startups – here and there – all is possible

• We believe in global trade

• Diffencies bring new good things to life

• Attitude to mix the best of worlds

Page 9: TENAK AFRICA - Challenges of Financing Product Development in Collaboration with Local Partners - Søren Hansen

TENAK AID Self funding by interrest and ambitions

THE FINANCE ISSUE ?

• DK-Banks do not want to touch new DK Bizz with Africa in focus

• Bad interest rates in Africa : both in startup and grow

• Go about banks (but miss EKF, Vækstfonden etc. They are dependent on banks.)

• WHAT TO DO ?

TENAK AID

Thank you : Søren Dresmer-Hansen

Business Manager, TENAK Africa,

Phone : +45 53 55 99 12

e-mail : [email protected]