
Jambo, Habari yako.
I travelled to Nairobi at the end of October for a week to complete some of the legal work required to open the branch and the bank account. I also want to host a local investors roadshow, complete the container conversion specification with the local company doing the work, plan and implement a community based test for some solar products we have sourced and discuss the implementation plan with Jack and Teddy (more about them later).
A branch of Mwezi has been registered in Kenya and we now have the registration certificate – second attempt – first one hand a spelling mistake – Wale vs Wales! The certificate and registration allows us to trade legally, open a bank account, register for VAT & tax and importantly set up our mobile money transfer account. The bank account, with Barclays Kenya, should be opened in the next few weeks.
The investors roadshows were really interesting. I had five meetings in all, none of the invitees had been told much detail in advance. This was the first time they had seen the Mwezi Light (I took a working prototype) and heard about network plans. There were a few common threads between each meeting. Without exception everyone we met loved the Mwezi light – especially the British design and the build quality, its price and the fact it was modular for ease of servicing. The network of workshops was also universally seen as a real benefit and an opportunity to build trust in the local community. Generally, the Kenyans wanted either a workshop in their home towns or to purchase products for distribution or own a Mwezi franchise. At the moment are focused on delivering the first workshop, starting to trade and demonstrating that the concept works. I am pleased to say we did secure investment in Kenya.
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All the best and many thanks for your support.
Asanteni sana, salama