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2007 International Conference and Investment Forum The Role of the Kenyan Diaspora in Kenya’s development Kennesaw State

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 Forum The Role of the Kenyan Diaspora in Kenya’s development Kennesaw State

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  1. 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

  2. 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

  3. 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;

  4. 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.

  5. 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)

  6. 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

  7. 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;

  8. Investment Opportunities - Services • Value Added Services; Premium Numbers • CONTENT – Video/Education/Health/Agriculture • Business Processing Outsourcing;

  9. Terrestrial Fibre Networks

  10. Teams Fibre Optic Link

  11. 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

  12. 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.

  13. 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

  14. TKL Privatisation Timetable

  15. Challenges/Opportunities Mindset Content Globalization Infrastructure Technology Access Resource Constraints Development imperatives Priorities Penicillin OR Pentium

  16. Role of Diaspora • Which Model • Ireland • Mexico • India • Taking Advantage of Technology • Marketing Kenya

  17. Why Invest in Kenya 1 Human Capacity 1 50,000 Graduates Annually Emerging Technologies Skills Sustained Optimism SMEs Vibrant Private Sector

  18. Why Invest Kenya Cont. 2 LOCATIONAL ADVANTAGE 2 Trade Agreements Port Geopolitics

  19. Success Factors People 60% POLICY 15% Luck 5% Technology 20%

  20. “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!

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