Landscape of Kenya’s ICT sector for VC investor

Situation

One of most experienced ICT-focused venture capital firms in East Africa hired us to conduct a market landscape of opportunities within ICT. The fund was seeking to increase its activities and investments in the sector and requested our research and advice around market trends, key players, and specific thematic opportunities.

Our Process

OCA supported the VC firm by:

  • Conducting secondary market research to understand the latest trends, identify key market players, and compile the most important questions
  • Performing extensive market interviews to validate initial findings, assess business needs and other investor activity, and profile opportunities
  • Mapping opportunities based on >30 interviews with CEO-level contacts, creating a map of opportunities by theme and sector
  • Creating a final report & recommendations which translated findings and analysis into strategic recommendations for the fund on its expansion and investment approach

Our report, based on over 30 market consultations, developed clear recommendations and opportunities for the fund which used the themes to raise additional capital and deploy more investments. This work has formed the basis for the fund's increased investment in the region.