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2007 International Conference and Investment Forum The Role of the Kenyan Diaspora in Kenya’s development Kennesaw Sta PowerPoint Presentation
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2007 International Conference and Investment Forum The Role of the Kenyan Diaspora in Kenya’s development Kennesaw State University. Dr. Bitange Ndemo Permanent Secretary Ministry of Information and Communications. VISION 2030

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2007 International Conference and Investment ForumThe Role of the Kenyan Diaspora in Kenya’s developmentKennesaw State University

Dr. Bitange NdemoPermanent SecretaryMinistry of Information and Communications

slide2

VISION 2030

Globally competitive and prosperous nation with a high quality of life by 2030

10% p.a. over 25 years

Equitable social development in a clean and secure environment

Issue-based people-centred result-oriented and accountable democratic political system

2030

2007

Political

Economic

Social

African Lion

kenya ict sector priorities
Kenya ICT Sector Priorities
  • Pursue ICT sector reform agenda (latest -Telkom privatization/restructuring);
  • Expand infrastructure for Kenya to become Africa ICT hub ;
  • Safaricom IPO
  • Provide a push for the growth of the Business Process Outsourcing industry;
  • Revamp and extend eGovernment and Government internal communications to improve service delivery to citizens and businesses;
kenya ict sector priorities cont
Kenya ICT Sector Priorities Cont.
  • Develop rural ICT centers (access to information and appreciation of technology throughout the country);
  • Provide our universities with adequate access to broadband capacity ; Reform and enhance ICT R&D, incl. incubation centers and PPP; and
  • Encourage ICT entrepreneurship.
on going activities in line with priorities
On-going activities in line with priorities
  • Communications Bill, Freedom of Information Policy/Bill
  • Participation into TEAMS and EASSy projects
  • Extending the Broadband Grid: Fibre, Wireless Rural Rollout, and Last mile Connectivity Solutions, EDGE, CDMA Rural Access Project
  • Government Information portal (www.information.go.ke) and Government Virtual Private Network (led by eGov Directorate)
on going activities in line with priorities cont
On-going activities in line with priorities Cont.
  • Madakara PC Project to assemble low cost PCs
  • The “Digital Village” initiative;
  • Multimedia Technology Parks in Athi River;
  • Promotion of Business Process Outsourcing industry and creation of an ICT Board for this purpose; and
  • eGovernment Rollout – Re-engineering processes Building Networks and Digitization of Records
investment opportunities infrastructure
Investment Opportunities - Infrastructure
  • The East African Marine Systems (Teams) Fibre Optic between Fujiaira in UAE ;
  • Network Operating Centers;
  • Data Centers;
  • Disaster Recovery Centers;
  • Digital Radio/TV network: Multplexing.;
  • Multimedia Technology Park;
investment opportunities services
Investment Opportunities - Services
  • Value Added Services; Premium Numbers
  • CONTENT – Video/Education/Health/Agriculture
  • Business Processing Outsourcing;
slide11

Mazara

Alexandria

Optional Fuj. Branch

Alexandria

Optional

Fujairah Branch

Suez

Fujairah

Suez

Fujairah

Mumbai

Mumbai

Jeddah

Mombasa

Mombasa

Dar es Salaam

Dar

es

Salaam

Toliary

Toliary

Maputo

Maputo

Mtunzini

Richard’s Bay

Logical Submarine Fibre Optic Options for Africa

teams timetable
TEAMS TIMETABLE
  • Detailed Feasibility study Completed by DRG;
  • Procurement of Financial Arranger – Done – Standard Chartered Bank; PPP – Est. Cost $90;
  • Detailed Technical Study – Done –Tyco;
  • Marine Survey – March 30, 2007;
  • Supply Contract May1, 2007;
  • Commissioning of Teams – April 2008.
tkl bidder profile and bankability
Making the deal bankable:

Sale of stake to a strategic partner

TKL advantages: high sites, fiber network, brand name, CDMA network & and new IP-core platform, strong corporate & govt. customer base

Rightsizing of staff prior to sale

Balance sheet restructuring

Unbundling of TKL from Safaricom to allow TKL to compete in mobile

Transparent process – IFC is advisor

Profile of bidder

PIM to be available for download at TKL & Treasury websites soon

Looking for EOIs from potential Lead Investors with at least 35% equity in consortium:

EITHER

Operators with min 500,000 lines

plus experience in broadband

Min revenue size of US$200m

Plus ability to pay for share acquisition and TKL growth

OR

Financial investor with investment portfolio of at least $200m with experienced telecom management

TKL Bidder profile and bankability
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Challenges/Opportunities

Mindset

Content

Globalization

Infrastructure

Technology

Access

Resource

Constraints

Development imperatives

Priorities

Penicillin OR Pentium

role of diaspora
Role of Diaspora
  • Which Model
      • Ireland
      • Mexico
      • India
  • Taking Advantage of Technology
  • Marketing Kenya
slide17

Why Invest in Kenya

1

Human Capacity

1

50,000 Graduates Annually

Emerging Technologies Skills

Sustained Optimism

SMEs

Vibrant Private Sector

slide18

Why Invest Kenya Cont.

2

LOCATIONAL ADVANTAGE

2

Trade Agreements

Port

Geopolitics

slide19

Success Factors

People

60%

POLICY

15%

Luck

5%

Technology

20%

slide20

“The art of progress is to preserve order amid change and to preserve change amid order. ”

— Alfred North Whitehead,

19th century British mathematician and philosopher

Thank you for your kind attention!