@Aki,<div><br></div><div>Recommended reading - The world is flat - Thomas Friedman.</div><div><br></div><div>Google also employs Kenyans.</div><div><br></div><div>And please explain why &quot;local&quot; capital is better than any other form of capital.</div>

<div><br></div><div>Kenyan companies need to rise up and become competitive in a global world, especially in delivery. I have my reservations about giving jobs to a local company,simply because its Kenyan. The company first has to prove its ability to deliver successfully, and not do a substandard job like many of the Kenyan construction  companies. Being local should give it an advantage, but not the job. </div>

<div><br></div><div><br></div><div><br></div><div>Regards,</div><div>Tito.</div><div><br><div class="gmail_quote">On 31 May 2011 19:44, aki <span dir="ltr">&lt;<a href="mailto:aki275@gmail.com">aki275@gmail.com</a>&gt;</span> wrote:<br>

<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;"><div>I think I finally understand the level of how bad the developer industry in kenya really is, in my amateur opinion :</div>

<div> </div><div> </div><div>- World bank cannot be accused of trying to protect the loans given to countries, as corruption and track records of governments has more to do with this. So whatever selections take place are done with such conditions in mind. </div>


<div> </div><div>-Kenyan govt (tech sector-Min of Info, KICTB and the rest) has no money, it is flat broke when it comes to the developer/software industry and can only make show appearences or be seen with successful companies/organizations that it played no part whatsoever in. So the best attempt that the industry can expect is a BIG NOTHING!. period. Until the World Bank gives some money for projects, it really is utterly useless. Generally, these depts operate as brokers and are also passing on the culture.</div>


<div> </div><div>- The over-rated and wishful thinking of local innovation dream and syndrome is just for those who can finance it themselves. The rest 99% are barely surviving in the industry through being self innovative enough to survive in a very bad environment of pirated software, shortcuts and no access to any funds.</div>


<div> </div><div>- Borrowing money from local banks at the high rates almost makes it impossible to use the facilities. With no money to build on a successful business, any start-ups are doomed within a very short time. </div>


<div> </div><div>-In come the VC mentality, which means that your project can get off the ground. However, VCs are looking at very unique business plans and projection, it would be a very rare ocassion that something in Africa really takes off. So remains the NGO types of mentality as the final option for finding funding, again a rare thing which may last for a short period.</div>


<div> </div><div><u>Gentlemen, Ladies of the KE developer world.</u> </div><div> </div><div>- How can we raise local capital? I have no answer to this because we have been left to our own means. </div><div> </div><div> </div>


<div> </div><div> </div><div> </div>
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