
"But there is hope. African economies continue to expand rapidly, Safaricom has launched super-fast 4G internet and 19 million Kenyans are expected to own smartphones by end of 2017." Come on. Internet penetration is better than never before. Economies expand yet electricity costs are prohibitive and access to credit for innovation elusive. ./bernard -----Original Message----- From: "John K. via skunkworks" <skunkworks@lists.my.co.ke> Sent: 1/6/2015 10:08 AM To: "Skunkworks Mailing List" <skunkworks@lists.my.co.ke> Subject: [Skunkworks] Kenya's technology push leaves investors cold Found this in the kictanet list, thought it would spur a discussion here. There are words of truth in it, they will be tough to agree with especially if you're in a start up. But I somewhat agree, there is a lot of hype in tech here. The comments make for an interesting read. http://www.businessdailyafrica.com/Corporate-News/Kenya-s-technology-push-le...