Tech Boom in Kenya: From M-Pesa to Thriving Startup Scene

Ezra Manyibe | 1 year ago
Photo by Unsplash

Kenya has made significant strides in technology in recent years, with a number of innovative startups and initiatives emerging in the country. One of the most notable is M-Pesa, a mobile banking service that allows users to make financial transactions using their phones. Launched in 2007, M-Pesa has become wildly popular in Kenya, with over 30 million users as of 2021.

Another noteworthy tech development in Kenya is the growth of the country's startup scene. Nairobi has emerged as a hub for startups, with many entrepreneurs attracted to the city's supportive ecosystem and access to funding. One successful startup to come out of Nairobi is BRCK, which creates rugged, portable internet routers designed for use in areas with unreliable electricity and internet connections.

In addition to startups, Kenya has also seen the proliferation of tech hubs and incubators, such as the iHub and Nailab, which provide resources and support to tech entrepreneurs. These hubs have played a crucial role in fostering the growth of the tech industry in Kenya.

Overall, the future looks bright for tech in Kenya, with many exciting developments and opportunities on the horizon.

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