Comparative Advantage is a 17-minute film about the close to 1 million chamas and social savings groups of Kenya and how one startup, Chamapesa, is using blockchain technology to empower hundreds of thousands of such groups in Africa, starting with Kenya. The film, shot mostly in Kenya, captures the incredible story of chamas in Kenya and the buzzing blockchain millennials of Nairobi who are weaving together local culture with the emerging world of blockchain and cryptocurrencies.
Join the team on Friday 22nd, at Metta Nairobi for a fun evening of networking and thought provoking activities on the potential of chamas in achieving our aspirations.
What is Chamapesa?
Chamapesa is a startup co-founded by Michael Kimani, Ian Grigg and Ken Griffith that is building a social and economic network for the savings groups of Africa using elements of blockchain technology. The team believes this indigenous social savings groups culture that is common across African countries holds great potential. By digitizing their cooperative activities, record keeping and self-governance and connecting them on a social network designed for groups, all sorts of magic can occur. Chamas can begin to support each other, collaborate, transact with each other, do business together, invest in the economy of Africa or even merge into larger organic super chama groups.