Kenyan start-ups secure record funding in Africa
Kenyan start-ups secure record funding in Africa Monday May 03 2021 The entrepreneurial spirit has been growing across Kenya’s agri-tech, e-commerce, fintech and logistics sub-sectors. The growth has attracted large funding rounds from international venture capitalists (VCs) and institutions on solid and proven investments. Between 2015 and 2020, for example, investments in the country increased to Sh26 billion from Sh20.8 billion ($191.4 million), representing a 27.3 percent of the continent’s total investment. Nigeria came second with Sh16.3 billion followed by South Africa (Sh15.5 bill...
Source: businessdailyafrica.com