A NEW MARKET FOR DIGITAL SOLUTIONS
Virtual Danish business delegation to Kenya promoting digital solutions – 2 and 3 September 2020
Join the first-ever virtual Danish business delegation to Kenya in June that will aim to build a bridge between a strong demand in Kenya for digital solutions and the capabilities of cutting-edge Danish tech companies. Kenya is in the process of rolling out a diverse range of digital solutions across the country, within health, education and finance.
Explore your business potential – discover business opportunities within digital solutions, September 2nd – 3rd, 2020.
The Danish Chamber of Commerce and AFRICA INNOVATION NETWORK® invite Danish companies to join a virtual business delegation to Kenya on 2-3 September 2020 that will be dedicated to the export of Danish digital solutions to Kenya, which has been dubbed “The Silicon Valley of Africa”. The participating Danish companies will link-up through online-matchmaking events, webinars and bilateral Skype-meetings with relevant local business partners and customers as well as high-level Government officials.
- Match-making events with pre-identified Kenyan tech & digital partners
- Roundtable e-meeting with Danish & Kenyan Ministers about the national tech & digital strategy
- The difference in the Kenyan and Danish business culture
- Discussion with the Danish Ambassador in Kenya, H.E. Mette Knudsen about the working environment in Kenya
- Danish and Kenyan companies already operating in the tech & digital space in Kenya
Pic: Minister for Industry, Business and Financial Affairs, Mr. Simon Kollerup
This business delegation will be spearheaded by the Minister for Industry, Business and Financial Affairs, Mr. Simon Kollerup, who will be virtually participating in a business meeting with the Kenyan Minister for Industry and Technology.
About the digital market in Kenya
Kenya has been at the forefront of the African digital revolution over the past decade, and the country currently has over 80 percent internet penetration. This makes Kenya one of the world-leaders in the use of smartphones. As a consequence, mobile technologies are rapidly disseminating in Kenya and being embraced by the banking, transportation, education and healthcare industries. Today, Kenya is among six African countries identified as leaders in the expansion of the continent’s share of the global digital economy.
Kenya has some of the world’s highest educational exclusion, with up to 5-7 million children out of school. The education system must prepare the youth for jobs in a tech economy, or Kenya risks falling further behind. The Kenyan population is mainly made up of young people. In 2019, youth unemployment (15-24) in Kenya reached close to 30%. The market often doesn’t hold secure employments for youth, limiting their income-earning opportunities. Kenya is projected to have the highest mobile learning growth rate in near future. (Source: World Bank, How technology is changing education in Africa, 2019).
Medical technologies are products, services or solutions used to save and improve people’s lives. The Kenyan medical device market will record double-digit growth in local currency terms over the 2017-2022 period. Kenya will increase budgetary allocation towards training of healthcare workers and acquisition of technologies in order to boost response to a rising disease burden. The demand for medical devices remains high as many healthcare facilities require modernization in both the public and private sector, which fosters a demand for high quality, affordable and efficient medical devices and digital transformation. (Source: Medic East Africa, Healthcare Insights, 2019).
With the 2007-launch of mobile-money transfer service M-Pesa by Vodacom, Kenya has led the world in mobile money transactions. The Kenyan fintech sector is among the fastest growing in Africa with technology increasingly defining the day-to-day running of companies in the country. Many start-ups are driving innovation, especially within mobile money technologies and operate within mobile banking and savings, alternative funding and mobile payments. (Source: World Bank, Understanding Poverty, 2019).
Participating experts and excellencies
Virtual day 1:
Wednesday September 2nd
Match-making and understanding Kenyan business culture
- 08.30 – 09.00: Welcome og information about the delegation (by The Danish Charmber of Commerce)
- 09.00 – 09.30: Presentation of the Danish edtech companies
- 09.30 – 10.00: Presentation of the Kenyan edtech companies
- 10.00 – 10.30: Presentation of the Danish healthtech companies
- 10.30 – 11.00: Presentation of the Kenyan healthtech companies
- 11.00 – 11.30: Presentation of the Danish fintech companies
- 11.30 – 12.00: Presentation of the Kenyan fintech companies
- 12.00 – 12.30: Presentation of the Danish AI companies
- 12.30 – 13.00: Presentation of the Kenyan AI companies
- 13.00 – 14.30: Understanding Kenyan business culture, Danish anthropologist with specific Kenya-expertise + Q & A
Virtual day 2:
Thursday September 3rd
Roundtable discussion with ministers and the Kenyan tech environment
- 09.00 – 09.45: Roundtable discussion with the Danish Minister for Industry, Business and Financial Affairs, Simon Kollerup, and the Kenyan Cabinet Secretary for Information and Communication Technology, Joseph Mucheru
- 09.45 – 11.00: Discussion with H.E. Ambassador in Kenya, Mr. Ole Thonke
- 11.00 – 12.00: Two Danish tech & digital company cases in Kenya
- 12.00 – 13.00: Two Kenyan tech & digital company cases in Kenya
- 13.00 – 14.30: The legal framework in relation to establishing and running a foreign company in Kenya, Volker Werth, CEO, Werth & Partner
- Track 1: Establishment of companies
- Track 2: Recruitment of staff
- Track 3: Corruption, compliance and licenses