Kenya is among the high-interest hubs for venture capitalists in Africa, with the local start-up ecosystem moving from fourth position last year to second in 2022, after Nigeria.
Reduction of cost of doing business through better efficiencies of regulatory and tax regime to be business friendly following business lifecycle which starting from planning to operations.
M-Pesa top engine in spurring Kenya’s innovation wagons
Monday May 10 2021
Just like urban centres sprout wherever a railway line passes, so have transformative innovations mushroomed around M-Pesa.
The mobile money system has been like a train engine, more and more wagons of innovation getting hitched on as it chugs along.
Just like urban centres sprout wherever a railway line passes, so have transformative innovations mushroomed around M-Pesa. The mobile money system has been like a train engine, more and more wagons of innovation getting hitched on as it chugs along.
And so have virtual centres of innovation continued to sprout. The evolution that is critical to its success is associated with the development of a retail electronic payments platform that was real-time and that has become a game-changer in digital financial services ecosystem.