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Mxit, the 800 pound Gorilla that is Africa’s largest social network

Paul Stemmet of World Of Avatar, an African focused tech investor, gave a presentation at Mobile Web East Africa (Hashtag: #MWEA2012). In addition to his launch of Shinka.sh – a mobile ad network, he clearly wanted to highlight the jewel in their crown, the obviously popular MxIt. The site now has some 50M users, supports over 3500 different mobile devices (they are planning to make it open platform), and processes round 750 million messages daily. Out of 50 million registered users, 12,500,000 are active, making Mxit truly the biggest African Mobile Social network.

It’s no surprise to see new ventures come online with the ambition to tap into a similar opportunity. One example is Saya Mobile, a Ghanian tech startup that recently emerged from the MEST program. They recently unveiled a mobile chat app they hope will rival the likes of BBM, ZiNG … and of course the 800 pound Gorilla Mxit.

Africa’s revolution coming to you on twitter

Africa's revolution in one tweet

If you haven’t seen this yet, here is a great insight into the development of Twitter in Africa. The recent events in Egypt, and across the N.African region, have shown us what coming levels of connectivity can bring about. Youth connected can change the world?

Here were some facts from the Portland report:

· South Africa is the continent’s most active country by volume of geo-located Tweets, with over twice as many Tweets (5,030,226 during Q4 2011) as the next most active Kenya (2,476,800). Nigeria (1,646,212), Egypt (1,214,062) and Morocco (745,620) make up the remainder of the top five most active countries.

· 57% of Tweets from Africa are sent from mobile devices.

· 60% of Africa’s most active Tweeters are aged 20-29.

· Twitter in Africa is widely used for social conversation, with 81% of those polled saying that they mainly used it for communicating with friends.

· Twitter is becoming an important source of information in Africa. 68% of those polled said that they use Twitter to monitor news. 22% use it to search for employment opportunities.

· African Twitter users are active across a range of social media, including Facebook, YouTube, Google+ and LinkedIn.

Read the report in full detail.

VC4Africa and the emergence of an African startup culture

Want to know more about VC4Africa and our work to support starting entrepreneurs? Here is a presentation we recently recorded. I outline some of the recent trends and developments we are witnessing in the space and some of our thinking on how we can do more to support the emergence of an African startup culture.

VC4Africa Infographic, 2012 the year of Entrepreneurship in Africa

VC4A 2012 Infographic

We have been wanting to produce some visuals for some time now and it was fun to see this project come together for the start of the new year. Instead of some card with a bunch of happy faces we thought we would visualize a trend we strongly believe in. We witness and champion a general shift of attention that we hope will see more focus placed on the continent’s entrepreneurs. Really the most underrated change agent if you ask me.

The infographic starts with some background on VC4Africa and where the community is at in terms of its development. We then follow the introduction with statistics that give a strong indication of just how fast things are actually changing on a fundamental level. We highlight the challenges we still need to face concerning some of the resource constraints (human and capital) and answer this challenge with our peer-to-peer driven network approach we feel is a viable way to start filling the gaps.

This graphic was done in partnership with our designer Joppe Rovers. Check out his website. Also see a higher quality version of the VC4A Infographic – 2012 the year of the Entrepreneur (280KB).

Fast Moving Targets: Africa as promising investment frontier

Here is an interview I did last week with Fast Moving Targets, a new series dedicated to showcasing innovation in media, technology and communications. They are very much tapping into Amsterdam as a creative media lab and the beginnings of a promising startup culture here in the city. Importantly, they ask the question, ‘what’s going on, what does that mean for whom and how do you actually get new trends and technologies to succeed?’

It’s great to see initiatives like this come online. It adds to The Next Web (many people do not know they are based in Amsterdam) and Hackers and Founders Meetups as important platforms for engaging the community, identifying key developments and highlighting protagonists in the space. Fast Moving Targets is an initiative of ‘The Crowds‘ and hosted by Erwin Blom and Roeland Stekelenburg. They have a great production team and it was nice of Johan Schaap, the founder of Probaton, to make the connection.

The show is filmed live which gives it an interesting character and streamed via the site. They film the chit chat before and after the actual show (so be aware:) and take questions from people watching via Twitter. The show has an interactive and relaxed feel to it. Mostly because of the Palm beer. It was also great practice for my Dutch!:) Here is the description as posted on the site: ‘Ben White van VC4Africa probeert werelden bij elkaar te brengen. Investeerders en ondernemers. Europa en Afrika. Omdat hij ziet hoe groot het talent in laatstgenoemd werelddeel is, omdat hij overtuigd is van het zakenlijk potentieel, maar ook omdat hij een idealist is die van Afrika houdt. VC4Africa gaat over geld, maar nog veel meer over netwerken. Met al duizenden aan boord. Een aflevering van Top Names van Fast Moving Targets.’

The Rise of a Startup Culture in Africa [Video Presentation]

Technology + Entrepreneurs + A vision = Startups in Africa in need of Venture Capital.

This is a one line summary of the presentation I recently gave at the 1% Event in Amsterdam, the Netherlands. In the presentation I talk about the rise of the techprenuer in Africa and the cheetah Generation that is now empowered with the knowledge and tools they need to change the world. This presentation builds on a lot of the ethnographic research I did in Kampala, Uganda and my experiences working on the ICT Entrepreneurship program at Hivos. I also talk about AfriLabs as a network organization connecting technology incubators in Africa and VC4Africa (Venture Capital for Africa) as a platform for crowdsourcing network, information and capital via the web.

VC4Africa pitches for the Accenture Innovation Award

hehe, nice photo:)

Accenture published the nominations for their annual Innovation Awards. I think its great our community was selected out of hundreds of applications to continue to the final round. Now the winner will be decided by the public and this means you!

The project that collects the most votes will win the coveted Blue Tulip. I encourage everyone to review our video pitch and to show your support for the community by adding your email address on the top right corner. Once you have voted you will receive an e-mail notification and will need to confirm your vote by clicking on the confirmation link. Every vote counts….

If you can, please share this news with friends and colleagues as we build support for our concept on a global stage. We are using the following link to promote our application [http://shar.es/bb0nB].

Vote now!