Endeavor Kenya: Building an Entrepreneurial Ecosystem

  • Reference: HBS-821038-E

  • Year: 2010

  • Number of pages: 27

  • Geographic Setting: Africa;Kenya

  • Publication Date: May 6, 2021

  • Source: HBSP (USA)

  • Type of Document: Case

  • Industry Setting: Agriculture sector;Financial service sector;Information technology and telecom sector;Shipping industry;Telecom

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Description

In 2016, Fiona Mungai became Endeavor Kenya's first managing director. In this role, she helped the organization build its inaugural board and select its first Endeavor entrepreneur, a fintech company called Cellulant. Throughout this process, Mungai observed the power of personal networks and connections in the development of the company and the creation of an entrepreneurial ecosystem in Kenya. As Endeavor Kenya reaches the end of its first five years, Mungai and the board focus on expanding the scope of business operations throughout East Africa and fulfilling Endeavor's global vision.

Keywords

Emerging markets Entrepreneurship Financial markets Growth strategy Human resource management Joint ventures Leadership leading change Management negotiation strategies Strategy