Investors give Sh62bn to 63 Kenyan start-ups in 2022
This year is already record-breaking for Kenya at a time companies are gradually recovering from the tough economic situation.
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This year is already record-breaking for Kenya at a time companies are gradually recovering from the tough economic situation.
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NAIROBI, Kenya Jun 21 - Yearly funding for Kenyan start-ups is projected to hit Sh100 billion in the next three years, this was revealed during the 7th Kenya breaking news | Kenya news today |
Kenya Shines as Foreigners Open Ksh29.3 Billion Money Tap Kenyan Currency notes. File The report titled Top Startup Destinations in Africa 2020, showed that foreign investors poured a substantial Ksh29.3 billion into the country. According to the report, this represented 25 percent of the total funding channeled to Africa in 2020. Kenya has been ranked as the leading investment destination in Africa. File Kenya toppled Nigeria, South Africa, Egypt and Ghana to emerge as the leading investment destination in Africa. The industries that attracted the highest investments include renewable ene...