Kenya | The AI Revolution in Africa

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Emerging Markets Startups

Dianna Yau

21 episodes

3 days ago

Venturing through 90+ countries, we’ve discovered one commonality. From Latin America, Africa, Asia, the Middle East to Eastern Europe, there are growing tech startup ecosystems transforming the world. Emerging market startups are generating market-creating innovations, leapfrogging Silicon Valley’s innovations, and solving local problems faster than governments. Join us to hear from startup ecosystem champions, entrepreneurs and investors in emerging markets. We discuss what makes these markets culturally unique, local trends, challenges consumers and founder face, and the opportunities.

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Kenya | The AI Revolution in Africa

Emerging Markets Startups

35 minutes 37 seconds

5 years ago

Kenya | The AI Revolution in Africa

On this episode, we take you to Kenya in East Africa. With 54 million people it is smaller than Nigeria (200M) and Egypt (100M). However, according to Disrupt Africa, Kenya has received more venture capital investments than any country in Africa. It might have something to do with being the first place in Africa to get widespread mobile payments adoption. Today 75% of Kenyans use mobile money, which makes Kenya the country with the highest penetration of mobile money in the world. Today we have Mutembei Kariuki, CEO and founder of an AI startup called Fastagger. Mutembei talks goes in depth on the trends in AI across Africa and how it’s used to tackle unemployment.