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Bar Camp Zimbabwe – My Thoughts before the second session! August 14, 2011

Posted by Munyaradzi Musamba in Africa, Bar Camp, BOP strategy, Entrepreneurship, Finance, Harare, Innovation, Meso-finance, Venture Capital.
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After attending the first of two sessions of Bar Camp Zimbabwe, I can’t wait for tomorrow. The first session what held at Keg & Maiden. It was a colourful event with participant drawn from the ICT sector mostly. Tomorrow we will be at Harare Club where the final winners will be chosen and graced with the goodies to grow their start-up. Clinton from Techzim has a great article on his thoughts on round one of #BarCampZim.

IPO48 has just closed in Nairobi. I caught on through my twitter what went down from links posted by Eric on his blog White African and Mark from Afrinnovator have come up with great summations of what took place. Kenya is certainly taken the lead in ICT start ups, early stage investments and incubation outside of South Africa. I would even argue that it could soon overtake South Africa if they can maintain the moment. Anyways, back home I hope there is going to be more realisation from those pitching at events like Bar Camp Zimbabwe that investors have one thing in mind. How are we are going to make money? And how do we exit the investment. I noticed a few guys who had ideas that seemed to cater only for their intellectual curiosity. I also suspect that a number of our presenter’s would be more than happy to take their ideas to the grave than offer shares to an external investor! Those are obviously attitudes that need to change. Make yourself aware of how early stage investments are structured! Find out what a business model is, and how it will affect you when it time to raise capital. I’m still excited about the local ICT space and I’m hoping to put my money where my mouth is soon. So let’s stop complaining about access to finance and prepare ourselves to raise venture capital with out the Illusion of Entrepreneurs’ Success.

Lastly it would be handy of we could attract a number on crowdfunding platforms to invest in Zimbabwean companies. No doubt the negative publicity is damning those chances but within our circles’ of influence the word is certainly out that there is good money to be made in Africa.  If MYC4, GrowVC and the very active in Zimbabwe, Schmooze Frontier Markets have taken notice, you probably should too! I was reading a MYC4 blog entry on the green revolution by Tim Vang and it led me to another post on the same topic on Emeka Okafor’s Timbuktu Chronicles. Can you believe “Urban farming is more profitable than white-collar jobs for many Congolese”.

Africa-There is Value in Upstream Technology Capability (via Nkpuhe) August 12, 2011

Posted by Munyaradzi Musamba in Uncategorized.
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Interesting article, value indeed needs to be added to resources we have in such abundance!

Technology is the leader of the enterprising world. And it leads using a constitution. Unlike the traditional political structure, this constitution is Algorithms written by engineers, scientists, etc and not congressmen and politicians. The global competition is largely who has the best technical group to write the best one; in this regard, Algorithms that comprise of patents, technical processes, tools, and so on. As a nation develops, adopts, … Read More

via Nkpuhe

Africa-There is Value in Upstream Technology Capability (via Nkpuhe) August 12, 2011

Posted by Munyaradzi Musamba in Uncategorized.
Tags: , , ,
add a comment

Interesting article, value indeed needs to be added to resources we have in such abundance!

Technology is the leader of the enterprising world. And it leads using a constitution. Unlike the traditional political structure, this constitution is Algorithms written by engineers, scientists, etc and not congressmen and politicians. The global competition is largely who has the best technical group to write the best one; in this regard, Algorithms that comprise of patents, technical processes, tools, and so on. As a nation develops, adopts, … Read More

via Nkpuhe

The potential of Africa as an investment destination April 25, 2011

Posted by Munyaradzi Musamba in Africa, Business, Entrepreneurship, Finance.
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I watched a great video, produced by TLG Capital. It captures our belief for Africa and Zimbabwe in general. We operate a boutique investment facilitation service within Thermal Investment Holdings. Information asymmetry is a big challenge in African investments, but it’s also the opportunity, get involved before the gold rush!

Land developement in the region April 17, 2011

Posted by Munyaradzi Musamba in Harare, Land Development.
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I’ve been able to visit a number of African cities in my life time. Few have the solid infrustructure that Zimbabwe inherited from its colonial self. The’re serious short coming when it comes to maintainance though and at first it appears that tis is a direct result of the ten years of economic decline that Zimbabwe is arising from. I’ve noticed a poor attitude in several companies and organisations. Most people are not energised to be the best that they can. This weakness is flowing into severals facets of life in the country but I suspect this might be the biggest opportunity particularly for the small to meduim scale operator. A quick example in the consumer goods market, Cascade (a Dairibord product) has had the air sucked out of it lungs by recently launched Revive. The same can be said in banking sector, but I won’t mention names here, its too close to home!! The security industry, look at the rise of Securico & Volsec.

Getting back to land development, a number of company are selling stand that are not fully serviced. Where I think they could do better in completion of planning in terms access roads, sewer, water and electrical reticulation. These firms have mystified land development and make it look like a magical industry only for the iron hearted. With the right combination of professionals and a single entity in-charge of project management it doesnt have to be so. South african companies have set the benchmark in terms of property development on the continent. This is the reason we are seeing them leading the wave of exciting new shopping malls from Lagos to Accra to Dar.

Lets stop taking short cuts!

Using my facebook & your thoughts on real estate investments in Zimbabwe April 5, 2011

Posted by Munyaradzi Musamba in Business, Entrepreneurship, Finance, Zimbabwe.
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I was asking myself how to use my facebook. More and more frequently I find it could aid me in getting the message out on so much work that I’m doing and despite my facebook network being built around my social rather than professional connections, it’s the social that tends to create a more comfortable environment than enables commerce to take place,

I think I going to attempt to experiment. On another note the real estate sector is one of the major recoveries of the multi currency regime in Zimbabwe. A number of interesting development are in the line-up though I most developers are constrained by the lack a capital, the difficulty of accessing (expensive) bank loans and (I suspect) poor marketing strategies, watch this page. Hope fully, I’ll be updating it frequently.

A post a year! March 28, 2011

Posted by Munyaradzi Musamba in Uncategorized.
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I’m surpirsed I even remembered the password to my blog. What a busy set of weeks I’ve been cutting through. I’m excited about quite a number of initiatives online these days such as Schmooze FM (Frontier Markets), Biglaw Consultants to name but a few.

For starters, Biglaw was kind enough to offer free advise on how to use Linkedin effectively. Then Schmooze has a great article on the provision of growth capital to Africa’s SME’s. These two pieces of information have been critical as I prepare to launch an agri-business unit at Thermal Investment Holdings.

Looking forward to a great year!

Moving forward April 16, 2010

Posted by Munyaradzi Musamba in Africa, Entrepreneurship, Finance, Innovation, Technology.
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Hi guys, sorry for not updating my blog for such a long time. I’ve been getting to know a few other handy apps like twitter, disqus, dopplr, mzan.si and like everyone else I’ve been on facebook and linkedin for quite a while now. It does get a bit confusing and a couple of times I’ve posted a work related article to my facebook where I try put stuff that relates exclusivily to my social life rather than my proffessional stuff.

A number of interesting things have been taking place over the past few months but for the “Show Stopper” has been Crowdfunding. Online funding platforms have been around for a while now. I hope to list them one of these days, (the one’s active in Africa). They are doing a good job of filling the micro venture capital/ financing gap void and I see each progressive nation hoping to give a better chance of survival to the SME sector stimulating or encouraging the formation of these online platforms since they allow for much cheaper delivery of financing services and usually cater for business that the banks would hardly consider, at least in Africa that is!

SME Ecosystem Proposal

The Network Africa Concept Paper September 28, 2009

Posted by Munyaradzi Musamba in Africa, Business, Development, Entrepreneurship, Finance, Meso-finance, Technology, Venture Capital.
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The Network Africa Concept Paper

The blogosphere is exploding with all sorts of information nuggets on technology entreprenuership infomation specific to Africa of late, all one has to do is go through the golden thread @whiteafrican.com to find out more. I’m also glad it has been highlighted on the golden thread that winning a business plan competition is no gaurantee of success, you might be a good business writer not an entreprenuer!

On another note, lets have your comments on my vision to improve internet access in urban Africa, just click on this link. Its about time to ramp up on efforts to bridge the technology gap between and within countries.

Too Much Money Chasing Too Few Investments? May 6, 2008

Posted by Munyaradzi Musamba in Africa, Development, Finance, Meso-finance, Venture Capital.
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I just came across this article on Nextbillion.net by Nitin Rao. Short and brief it summarises what I’ve been thinking of for a while, what I like most is how the article ends

There could not be a better time for DOers to take the plunge, launching profitable vehicles to use this capital to create services for those who need it the most.

The micro finance sector is my favourite for two reasons, it empowers and has empowered me as well. many studies on small business financing have been inspired by the continuous flood of dollars into this sector. It become harder by the the day to find virgin territory with the right dna for consist, well structured and preferably rapid growth.

Going forward I think it’s natural that micro-finance will loose it’s glitter and many of these micro-finance funds will either fold up or diversify in SME/SMB funds which is where the opportunity really is as far as I’m concerned. Its great that micro-finance opened the gates of capital because it opens up the gates for those enterprising or financing their the living at the micro level (the debate rages on) but its tie to unlock the volume, SMEs/SMBs.

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