TNF Mobile Payments Intro

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    MOBILE & HOW AFRICA IS LEADING

    THE MOBILE PAYMENT CHARGE

    OCTOBER 2013 #TNFafrica@MESTghana

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    Setting the Stage

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    Africa Reaching Parity

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    Mobile FirstOnly!

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    Mobile to Payments

    80%

    of AfricansUnbanked

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    Mobile Financial Services

    Person to Person most common use case

    Micro Payments - subscriptions, top ups

    Mobile Apps WVAS, replace Premium SMS

    mCommerce POS or mobile physical

    Credit Scores create history and collateral

    Insurance micro powered by mobile money

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    Africa Global Leadership

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    15 of 20Top Countries

    By MobileMoney Usage

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    The Case Study

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    Setting the Standard

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    Meltwater Group

    Understand their markets, engage their customers, and master the new so cia l business

    environment.

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    Our vision is to create wealth and jobs in Africa, bytraining and mentoring young Africans to start world

    class software companies.

    Meltwater Foundation

    #TNFafrica@MESTghana

    ACCRA - GHANA

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    IT EntrepreneurshipTraining

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    Seed Investment

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    Incubation andMentorship

    Each year MEST chooses the top 20-25 Ghanaian university graduates, from an averageapplicant pool of 1,000+ to join its fully-funded two-year IT entrepreneurship trainingprogram.

    Software Development

    Internet and mobileapplications

    Scrum and agiledevelopment

    Business & Entrepreneurship

    Finance & accounting Strategy & marketing Lean Startup

    Methodologies

    Invests $30K - $300K in return for a minority stake inthe company and Board representation. To date, hasinvested over in 13 Ghana-based software companies.

    Corporate office space and facilities Hands-on assistance and advisory services from

    Incubator staff in Ghana and Silicon Valley Access to a global network of Advisors/Mentors

    The MEST Program

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    Building Betas Early Traction High Growth

    Our Portfolio

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    Incubator Resources

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    220MM Afr icans expected to jo in the labor force in th e next 7 years.

    mPawa is a mobile job employment platform(matching application) that leverages the power ofWeb SMS to deliver instant job notifications tojob seekers.

    mPawa bridges that gap by allowing the use ofSMS to create standardized profiles for blue collarworkers.

    mPawa tracks workers' history over time andgathers references and recommendations for themover time.

    Employers can easily scan through this informationor be notified of a match to select qualifiedcandidates.

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    Tonights Panelists

    Arjuna CostaInvestment Partner, Omidyar Network@ArjunaCosta @OmidyarNetwork

    Maxwell DonkorCo-Founder and CEO of mPawa

    @maxidon @mpawa_africa

    Gwen FloydFounder of Soko @Shop_Soko

    Joshua SternCEO of Telerivet @Telerivet

    Moderated by Rebecca Grant, Writer, VentureBeat @bekahgrant

    #TNFafrica@MESTghana