
Early Stage Tech Investor
Expertise: Venture Capital & Private Equity, Investment Banking, Investment Management

Michael Jackson to Followers'How High-Speed Internet Is Boosting Economic Growth In Africa' by eLearning Africa http://j.mp/L5DomR - lots of good stats for investor presentations on the growth of the internet in Africa

Michael Jackson to Followers'Google in Africa: It’s a hit' in The Economist http://j.mp/JFtKKG - "ONLINE Africa is developing even faster than the new highways of offline Africa. Undersea cables reaching Africa on the Atlantic and Indian Ocean coasts, plus innovative mobile-phone providers, have raised internet speeds and slashed prices. In some African markets you can buy a daily dose of internet on a mobile phone for about the cost of a banana (ie, less than ten American cents). This burgeoning connectivity is making Africa faster, cleverer and more transparent in almost everything that it does."

Michael Jackson to Followers'Rebranding Africa' article in the New York Times http://j.mp/LQWEra

Michael Jackson to FollowersSafaricom's FY 2012 Annual Results Presentation http://j.mp/KNmUQT - Their overall market share dipped from 69.9% to 66.6%, but M-PESA's revenue was up 43.2% year-on-year.

Michael Jackson to FollowersGoogle CFO Patrick Pichette: 'I Don’t Get Why People Think Mobile Ads Are Worth Less' http://j.mp/KPzLkQ - “I am convinced that the margins on mobile have to be higher than on desktop.” & “The premise that mobile has to be a lower CPC [cost per click] because today it’s a lower CPC doesn’t make sense.” - Very important for online Africa business models in the future.

Michael Jackson to Followers'Africa Is Calling' by Michael Spencer in the Huffington Post http://j.mp/JWGLC9 - "What Africa needs now more than anything is not Western sympathy or aid, but Western investment. And investment in all forms. Not just investment of capital, but investment of ideas, knowledge, skills and expertise."

Michael Jackson to Followers'Mobile Money in Africa: Press 1 For Modernity' in The Economist http://j.mp/ICEg5F - "A new survey of global financial habits by the Gates Foundation, the World Bank and Gallup World Poll found 20 countries in which more than 10% of adults say they used mobile money at some point in 2011. Of those, 15 are African." Africans are the trendsetters in mobile payments.

Michael Jackson to Followers'What Works Well In Kenya Might Not Work So Well In Uganda' j.mp/JpukIF - Study shows African consumer habits vary widely from country to country according to Nielsen study on how to reach the "diverse" people of Africa.
Mr. MajaniSpeaking of European startups, how many countries do they launch in typically?
Michael JacksonTypically they launch the beta version in their home country to work the kinks out. Then they expand to other markets. That's especially true for startups in the "bigger" European markets like UK, France, Germany. It also depends on industry. Apps can be launched in multiple markers quite fast, while ecommerce can take longer because of logistics, payments, etc.

Michael Jackson to Followers‘In 10 years Kenya will have a substantial number of IT millionaires’ http://j.mp/HhnCan - Nice interview with Nikolai about 88mph in 'How We Made It In Africa'.

Michael Jackson to FollowersWal-Mart, Mugabe And The Middle Class: Things To Consider When Investing In Africa http://j.mp/HA4FlK - Interview of Robert Scharar in Business Insider. Not tech focused at all, but includes some interesting macro investment trends in Africa.

Michael Jackson to FollowersTop 10 African Countries With Fastest Broadband Speed http://techloy.com/2012/03/12/africa-top-broadband-speed/ - Part of http://netindex.com/ report. Top 2 countries (Ghana & Kenya) rank #73 & #75 in world respectively.

Michael Jackson to Followers30 Brilliant African Tech Startups on Memeburn http://j.mp/A5mJoq

Michael Jackson to FollowersMap of African TechHubs being put together by BongoHive: https://africahubs.crowdmap.com/

Michael Jackson to Followers'Mobile Money: Getting To Scale In Emerging Markets' j.mp/xfTsUx - Report by McKinsey. Includes a Q&A with Michael Joseph and some interesting numbers from M-Pesa.
Andrew Kyouraku Azraelwhere's the link
Michael JacksonIt's in the post: j.mp/xfTsUx