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Happy New Year 2022
31/12/2021

Happy New Year 2022

  farming
02/11/2019

farming

John Falck, CEO of Coniglio Rabbit Meat Farm, spoke to Jeandré du Preez about the country’s rabbit meat industry and the market opportunities it presents.

17/10/2019

Attention young people, here's an opportunity.

  entrepreneurship  works best, if we work together
11/10/2019

entrepreneurship
works best, if we work together

Case study: !

__Vaya Tractor captures so much of the things I have been teaching you as an entrepreneur!

This week the Vaya Tractor finally launched commercially after more than six months of “pre-commercial” trials. Hundreds of people attended the launch which was also attended by dignitaries, including Zimbabwe’s Minister of Agriculture, the Deputy Minister of ICT, diplomats, donor organizations, farmer organizations, and agri-supply companies. Most importantly, leading farmers from the smallholder sector were also there. Zimbabwe was chosen to be the first country for this new service, which we hope to extend to every African country within a few years. Already requests are going through the roof!

They came to witness a major historic event: We are moving to get rid of the hoe, just as I have always promised!!

Now let’s review its entrepreneurial path:

#1. Problem: What is the problem that we wanted to solve?

Mechanization in agriculture!

I first began to write about this issue more than five years ago, and I have come back to it again and again. We cannot have our mothers and our sisters breaking their backs in fields, using a technology that was invented 5,000 years ago!

But the tractor is expensive!

During the cyclone crisis we bought several tractors, at a cost of $30,000 each!

The minister in his speech this week said the experts had calculated that the country needed 33,000 tractors, and it only has about 6,000!

But 33,000 tractors will cost almost $1bn, nearly 25% of the national budget!

So how do we solve this problem?

__ !

In the United States when the government sees a problem, the first thing it does is call in its top entrepreneurs (not its top businessmen, because there is a big difference!)

Whilst we were not exactly called in Zimbabwe, we just took it upon ourselves to try and offer a hand. We saw a challenge that needed a .

Ours was to use the model (or gig economy) that I have talked about so often. Our business Vaya Logistics is the “Uber” of transportation of goods. The team there works to solve logistics problems. It is the same team that developed City Africa.

This time they were charged with developing a solution to provide full national tillage of 2m hectares with 5,000 tractors, in three months: Using mathematics algorithms, they found that 5,000 tractors is all you need to provide tillage, provided you can incentivize the owners of tractors to bring them to our platform, as well as ensure that fuel supply, and spare parts are available.

#2. Product Development (Solution Development!): taking it to the next level.

Adding a tractor service was not that difficult for Vaya Logistics, which as you will see from the website is an App that already carries about 17 services.

I have always told you that it is important to Follow, and avoid inventing the wheel. Our team studied all similar solutions around the world. The most intriguing was a startup from Ghana called TroTro. Their solution uses Feature Phones, whilst ours uses Smartphones.

__A lot of smallholder farmers don’t have smartphones, and they are our important customer of this service!

“Invite them to come and partner with you; they can share their solution, and we will teach them about our solution,” I directed our team. So the TroTro team flew from Accra, Ghana to Harare and spent weeks integrating their solution into our platform.

Now Vaya Tractor has what we call a USSD option.

Ghana has been has now been chosen as a priority country for our next full Vaya Logistics launch. The Ghana Ambassador to Zimbabwe attended the launch in Harare!

best, when it works together!

__Kick out nationalist xenophobia, tribalism, racism, religious bigotry, and gender inequality Lol!

#3. Process: Listening to the customers

Once we had developed the Vaya App, we began field trials with farmers. We even bought a few tractors of our own. By the time of the launch we had already done over 5,000 hectares. This allowed us to fine-tune the concept.

The farmers were quick to understand the importance of this concept. If you own a tractor, you can actually make more money in the year than from actual production of crops! It will bring in more players including “diaspora investors”.

We have already recruited almost 3,000 tractors, and should have all 5,000 by the end of October, if not sooner. We have now recruited 1m farmers through our Ecofarmer platform!

For a platform like this to really work, it will take close collaboration with all the key stakeholders, including the government, and the farmers.

I believe that if every tractor in the country is brought onto the platform, and fitted with a Vaya tracking device, you can basically use 5,000 tractors to provide full tillage for Zimbabwe. A new industry will emerge in which farmers no longer buy farm machinery, because why stop at tractors?!

As a tractor ploughs the land, you will know exactly where it is, and when it is idle. There will be a full audit trail. Companies that provide contract farming services have already latched onto the new service. Negotiations are taking place with a major agricultural finance bank. Seed and fertilizer companies have become core partners for obvious reasons.

This is exciting!

__ ’t make perfect the enemy of good!

Now, as an entrepreneur you know it will not be perfect first time around. We now have to double down: Deal with bugs and logistical challenges. Encourage adoption and culture changes. It could be three or four years before it becomes common sense to simply call Vaya Tractor.

This is when entrepreneurship hits the road. We have to be tenacious. We have to raise money. We have to recruit talented people who can run with the vision.

!

We also have to put up with naysayers who attack you in media, and write lousy comments on your website and App page!

!

Please comment below, and let me know what you “see” as an entrepreneur.

Maybe it has sparked in you an idea to use this approach to solve another problem. Meanwhile visit the Vaya Africa website, and even download the Vaya App. Do so, with a pen and paper, as an entrepreneur. Share your observation below.

End.

13/06/2019


to know before you start a business.

12/06/2019

Are you an looking to raise funds? (Part 2)
__Calling all food stars! Go to www.genafrica.org and apply to win.

It’s not a secret. I have shared on this platform before that if I were starting out as a young entrepreneur today, I would go into agriculture. Food is very big business now and looks to be a $1tn market in Africa, in the near future. Market size is only growing. I know there’s a perception in some circles that growing food is “drudgery” to be left behind as quickly as one can escape the rural village for the big city, but hear me out…

The future of food is the future of humanity! What work could be more important than ensuring that our families, nations and the world produce enough healthy and affordable food, and that it is grown efficiently, sustainably and profitably? New “4IR” (Fourth Industrial Revolution) technologies and innovations like digital farming have the potential to make this vision not just possible, but profitable, too!

This is why on 30 May in Johannesburg we at Econet and our founding partner Yara International, formally launched what we call the “Generation Africa” movement. Our vision is that together with partners and stakeholders across many sectors, we can help support Africa’s young to launch and scale businesses that create new jobs and revolutionize Africa’s agri-food sector...

As some of you recall, we got started in January this year in Davos, Switzerland, where Yara CEO Svein Tore Holsether and I had a fireside chat along with amazing young Afripreneurs Ada Osakwe and Rapelang Rabana: https://www.facebook.com/strivemasiyiwa/videos/397283900844587/

On 30 May we also jointly launched the GoGettaz Agripreneur Prize, a new US$100,000 competition for young African entrepreneurs, and another opportunity for you to raise "prize capital"! Ada Osakwe joined us again at our launch event along with Thato Moagi, an award-winning young agripreneur from South Africa. Here’s a great (4m) video that should tell you what you need to know about Generation Africa and the new competition: https://www.youtube.com/watch?v=3kVt_BYbmgQ

__Online applications are now open, and will close on 21 July so don’t waste a moment! Find out all the details and apply for the competition on www.genafrica.org.

In early September, the 12 finalists will take part in a pitch contest at the Africa Green Revolution Forum meeting in Accra, Ghana where two winners will be selected (one man and one woman) to receive $50K each to grow their businesses. All the finalists will get support and mentorship, too. I’ll share a bit more in the days ahead. You can also get the latest updates if you follow the GoGettaz page. Please share it with your friends!

The arrival of new “4IR” technologies like agricultural drones, robots and automation, make these exciting times for the agri-food sector across the world. Digital farming is the new frontier! If our young entrepreneurs across Africa don’t seize the moment, you can be sure that someone else will. Here's a link to our Generation Africa Landscape study on Youth Enterprise in Africa's Agri-food sector in case you missed it: https://genafrica.org/youth-enterprise-in-africas-agri-food-sector/

I want us to leapfrog ahead of the world! Whether we like it or not, from “seed to fork”, things are changing (though in some cases, not fast enough!) This means either great opportunity or crisis. The choice is ours!

Senior class: Take a look at a few of the numbers below and tell me what you “see”:

# In the past five years, agri-food tech startups in Israel raised nearly US$800m in 250+ deals with hundreds more deals in progress.

# In the Netherlands (Holland) another small but highly innovative country, you can find “Food Valley.” Why do they call it Food Valley? Give me one paragraph! Do we have any Food Valleys in Africa? If not, why not?

# In the US (2018), investors poured some US$17bn into agri-food tech such as predictive agriculture, robotics, drones, AI, automation… Some people are saying agri-food tech disruptions are going to be as world-changing as the invention of the Internet! What do you think?

# Investment in the agri-tech sector in Africa is growing too, about 110% in the two years 2016-2017 with Kenya leading the pack of agri-tech start-ups. Nigeria is not too far behind. But in comparison we have a very long way to go.

Another factor to consider: Africa is predicted to double in population to about 2.5bn, of the world’s projected 9.8bn people by 2050. About 41% of Africa's population today is under the age of 15. Another 19% are between the ages of 15-24! This is Generation Africa! (The African continent also has the highest number of the world’s under-nourished people…)

__Who from which country will win this year’s inaugural GoGettaz Agripreneur Prize? What kind of amazing innovative product, service or business model will make global headlines on 4 September when the two grand prize winners are announced?

Every single one of you on this platform knows something about food. But how much?

Global demand is skyrocketing for more nutritious and affordable foods, produced in healthier and more efficient ways. Innovators… Are you paying attention? Africa has some foods that are available nowhere else in the world. What are we doing with them?

Investors around the world are paying very close attention to the agri-food sector and so must you.

"You miss 100% of the shots you don't take." Wayne Gretzky

Go ahead and give it your best shot!

To be continued. . .

06/06/2019

# WomenDeliver

   Netpreneur.
04/06/2019


Netpreneur.

Are you an looking to raise funds? (Part 1)

__Seize the moment… Apply to win!

This week I am going to share some exciting news for many of you. Remember when I said in my recent town halls, “The future is now!”? Well, if you’re an African entrepreneur, there’s not a single moment to lose this month. Innovative opportunities are being created for you to raise “prize capital” like never before in history. This week I will share about two prize contests for African entrepreneurs but you have to move fast.

First, I am thrilled to announce that I will be a judge at the Grand Finale of the Africa Netpreneur Prize Initiative run by the Jack Ma Foundation. This pan-African competition will offer 10 entrepreneurial finalists the chance to pitch their businesses to Jack, myself and a world-class panel of judges in November, for the opportunity to win a share of USD 1 million! Wow!

Do you think your business has the potential to transform Africa and the world? Has it been in operation for at least three years? I want you on this platform to compete to win here!! You have done a lot of homework over the years. Now is your time to go to the next level. To head to prime time.

The Africa Netpreneur competition is open to entrepreneurs of all ages, from all sectors, from across Africa. The application deadline is 30 June. If you haven’t already entered, you must go and learn all the details here: http://www.netpreneur.africa Don’t waste time! You’re going to have to do some work here... fill out an online application about your business, and make three brief videos: one from the company founder, one from a customer and one from an employee. Interesting!

I was so excited to hear that Jack was launching his new Netpreneur Prize this year because his entrepreneurial journey is very similar to what many African entrepreneurs are currently facing.

You know when he got started back in the late 1990s, Jack tells the story how he saw big companies like Microsoft, IBM and Oracle and thought to himself: “They take all the opportunities!!”

But then he had a realization, something similar to what we have talked a lot about on this platform:

__“Most people keep on complaining,” Jack noted, “but if you can solve the complaining, if you solve the problems, then that is the opportunity…”

Sound familiar?

For Jack back then, his “solution” was coming up with a simpler, cheaper technology that could be used by his company Alibaba, and the millions of small businesses he hoped to add to his e-commerce platform one day…

The rest as they say, is history.

You all know Jack is a multi-billionaire now. Like most of you, he started from scratch (When he got started, they wouldn’t even hire him at KFC, he said). Back then, Jack faced big challenges exactly like you do... such as the cost of IT, big competitors, not just big competitors, huge ones! His answer?

!

__“We had to innovate", he said. “That’s it, we were forced!”

That was about 20 years ago now… Wow.

Now listen, when Jack and I were getting started, there were no prizes for entrepreneurs like the ones I am telling you about this week, and he has said something that I can really appreciate as you’ll know if you’ve been reading my page for a while:

“Early days were so tough for me,” he said. “Nobody helped us. Today I'm able to help. It would be an honor for me to do this.”

I think this is amazing and I am myself honored to take part as a judge. Like me with the new Generation Africa GoGettaz Agripreneur Prize that we launched in Johannesburg on 30 May (which I’ll tell you all about in Part 2), this is our way of opening some doors to entrepreneurs that we ourselves never had...

As my friend Richard Branson says: “Successful entrepreneurs don’t wait for the perfect moment, they create it.”

The rest is up to you!

To be continued. . .

Image credit: Jack Ma Foundation, Nailab in Kenya. http://www.netpreneur.africa. Remember: application deadline is 30 June!

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