leapfrogging as an innovation pattern
TRANSCRIPT
seedstarsworld *
@marcelloscherme @gregpeps
LEAPFROGGING AS AN INNOVATION PATTERN:
HOW AFRICAN ENTREPRENEURS ARE TAKING THE FAST TRACK
WHO DO WE HAVE IN THE ROOM?
WHAT ARE YOUR EXPECTATIONS?
1) WHAT IS SSW?
2) BUSTING MYTHS
3) THE NUMBERS
4) STEP IN THE SHOES OF AN ENTREPRENEUR
WHAT IS SEEDSTARS WORLD?
SEED STARS WORLD
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
INVESTCONNECTPROMOTE
INVEST$500k = Global Winner $500k = Best Travel Startup
CONNECT500+ partners300+ investors50+ countries
PROMOTEGlobally400+ articles50+ countries
Seedstars Summit in Lausanne
12
#01MEDIA COVERAGE
80+ journalists from all over the world come discover emerging
market startups………………………………………...
CONNECTING THE DOTS1000+ attendance from 50+
countriesjoined the Final Event in 2015
………………………………………...
1000+ innovators
250+articles
50+ local winners
100+investors
BOOTCAMP50+ entrepreneurs follow a 4 day bootcamp to improve their pitch &
learn new skills………………………………………...
NETWORKING100+ investors & corporates
connected with top tech startups
………………………………………...
#02 #03 #04
BUSTING MYTHS:WHAT DO YOU KNOW
ABOUT AFRICA?
Classify these countries from largest to smallest population:
A. South AfricaB. KenyaC. NigeriaD. Ethiopia
Classify these countries from largest to smallest population:
A. Nigeria (183mio)B. Ethiopia (99mio)C. South Africa (55mio)D. Kenya (45mio)
The real size of Africa
Africa Population today (2016):1.2 billion
Africa Population 2025:1.5 billion
Africa Population 2050:2.5 billion
What is the median age of Africa?
A. 12.8B. 19.5C. 23.2D. 32.3
What is the median age of Africa?
A. 12.8B. 19.5C. 23.2D. 32.3
What is the median age of Africa?
A. 12.8B. 19.5C. 23.2D. 32.3E. Europe = 41.9
What is the mobile phone penetration in Africa?
A. 21%?B. 34%?C. 47%?D. 65%?
What is the mobile phone penetration in Africa?
A. 21%?B. 34%?C. 47%?D. 65%?
What is the mobile phone penetration in Africa?
A. 21%?B. 34%?C. 47%?D. 65%?E. USA = 103%
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
What is the bandwidth capacity growth rate in Africa (between 2011-2015)?
A. 27%?B. 39%?C. 42%?D. 51%?
What is the bandwidth capacity growth rate in Africa (between 2011-2015)?
A. 27%?B. 39%?C. 42%?D. 51%?
How many hours per day do South Africans spend on social media on average?
A. 1B. 2C. 3D. 4
How many hours per day do South Africans spend on social media on average?
A. 1B. 2C. 3D. 4
How many hours per day do South Africans spend on social media on average?
A. 1B. 2C. 3D. 4E. USA = 2
What percentage of the Kenyan GDP flows through mobile phones?
A. 13%?B. 29%?C. 42%?D. 67%?
What percentage of the Kenyan GDP flows through mobile phones?
A. 13%?B. 29%?C. 42%?D. 67%?
Source: http://www.gsma.com
Sources: United Nations, World Bank, Internet World Stats, eMarketer, Statista
WHAT DO ALLTHESE NUMBERSMEAN TO YOU?
ENTREPRENEURSHIPIN AFRICA
THE NUMBERS
The funding landscape
The funding landscape
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
The funding landscape
TRENDS
FROM NO TECH TO HIGH TECH
ENABLING VS REPLACING PEOPLE
GROWING MIDDLE CLASS
WHAT MAKES INNOVATIONIN AFRICA UNIQUE?
Tools
46
Solar SMS USSD IoT
Case Studies
47
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
COUNTERFEITMEDICATION
COUNTERFEITMEDICATION
HOW WOULD YOUSOLVE THIS?
MPEDIGREEGHANA
Case Studies
52
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
MOBILE PHONECHARGING
HOW WOULD YOUSOLVE THIS?
Case Studies
56
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
LOOKING FORJOBS
HOW WOULD YOUSOLVE THIS?
Confidential
Giraffeenablesbusinessestogettherightstaffwithin48hours,atverylowcost
Jobseeker Employer
JobseekercreatesCVbySMSing 34345
Employerlogsstaffrequestonline
Matchbestcandidates
CandidatesreceiveSMSandreplyifinterested
CandidatesarriveforinterviewSchedule
interview
CVstoredin
database
34345
59
Case Studies
60
CounterfeitMedication
Mobile Phone Charging
Finding a Job Better Farming
BETTERFARMING
HOW WOULD YOUSOLVE THIS?
EMPOWERINGFARMERS
WHAT DID YOUTAKE AWAY?
Innovation made in Africa
Global Problem
Local Solution
Global Awareness
Sweet Spot
AFRICANENTREPRENEURSCANLEVERAGETHEBESTTECHNOLOGIES&KNOWLEDGETOSOLVEGLOBALPROBLEMSTHATTHERESTOFTHEWORLDISNOTEVENAWAREOF.
Q & A
THANK YOU!