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Kenya: New bill to anchor local startups growth, regulation

The bill which seeks to anchor startups in the Kenyan law for the very first time requires both the National and County governments to develop incubation hubs in a means to establish a favourable innovation environment by attracting both talents and capital.

Unlike SMEs the support for startups presents a new host of challenges due to their uniqueness.

In spite of the lack of regulation for start-up Kenya already host elaborate businesses from the ICT sub-sector including Cellulant, Sendy, Twiga Foods and M-Kopa Solar and has earned the term ‘Silicon Savannah’ for its ability to produce scalable tech-based businesses.

Read more: Citizen Digital

 


 

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