Angani Closes Seed Round with Leading East African Investors to Localize Cloud Services
FOR IMMEDIATE RELEASE
February 11, 2015

Boston, MA and Nairobi, Kenya – Kenya’s Angani Ltd has closed a seed round of funding led by Invested Development with participation from Africa’s Talking, Savannah Fund, and Africa Angels Network.

Angani is the first fully automated public cloud infrastructure company in the region. For the first time, East African companies are able … read more

FOR IMMEDIATE RELEASE
June 16, 2014

Boston, MA & Nairobi, Kenya – Invested Development, an early stage impact investment fund manager, has invested in iProcure, a technology startup serving the needs of the agricultural ecosystem in Kenya. iProcure provides software to enhance sales and inventory management in rural and peri-urban agriculture markets. As a result, farmers can access high-quality farming inputs and equipment conveniently and affordably.

According to the International Fund for Agricultural Development, the … read more

The Safaricom AppWiz Challenge, a collaboration between Safaricom and Invested Development, is seeking judges and mentors. The Challenge was launched in May is designed to help Safaricom identify and nurture talent within the developer community. The participants will undergo training and mentorship throughout the incubation period as the objective of this challenge is to help youth successfully deploy their mobile applications in the market.

We are looking for experts in agriculture, energy, water, transportation, … read more

Editor’s Note: This post is written by Sean Smith. Sean spearheaded and will continue to lead Invested Development’s efforts in supporting the Safaricom App Wiz Challenge.

In early 2012, Safaricom CEO Bob Collymore and other senior executives of Kenya’s largest telecom visited the iHub in Nairobi to answer questions from the innovation community. Most of the back and forth between iHub members and Safaricom executives went as expected (at least if you follow such things):… read more

Editor’s Note: This is the third installment of Sean Smith’s series on Rich People, Nerds, and the Kenyan Context. Be sure to catch up on Part 1 and Part 2 if you missed them. 

 

The Nerds

The Rich People are only relevant and useful if there are large numbers of “Nerds” that are hacking away at new technologies and scheming how to launch the next big thing. One of the most remarkable things about … read more