Building Business in Kenya with Mobile Money [Episode 14]
Release Date: 09/10/2018
Global Goals Project
We’ll be taking a short break on the Global Goals Project. But we want to hear from you!
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Mettā is a network of entrepreneurs who share resources and mentorship internationally. In this episode, the Kenyan manager of Mettā helps us see what it’s like to address the Global Goals in an emerging market like Nairobi.
- 6:45 What is the startup landscape in Nairobi Kenya? The small population and scarcity of talent and resources impact which businesses thrive.
- 18:45 What is M-Pesa and why is it such a big deal? M-Pesa is mobile money sent through text. It makes business safer and easier for Kenyans.
- 26:00 What are the biggest challenges to starting a business in Nairobi? Companies have to be solving an immediate, critical problem and avoid government corruption.
- 31:00 How does technology impact building a company in this ecosystem? The technologies that work are very simple and they solve a pertinent problem.
- 37:30 What will it take for people to get access to basic needs and address the Global Goals? Maurice talks about social impact companies that give people jobs while they address systemic problems.
Listen to this episode to learn how technology will revolutionize emerging markets by solving one simple problem at a time.
More details at http://www.globalgoalsproject.io/14-maurice-otieno/