Kenya’s startup ecosystem continues to make waves, securing $638 million in funding in 2024, surpassing traditional powerhouses Nigeria and South Africa. Despite a 25% decline in overall African startup funding, Kenya maintained its resilience, attracting 29% of Africa’s total funding and 33% of East Africa’s share. This growth underscores Nairobi’s emergence as “Silicon Savannah”, a…
Safaricom is taking a major leap forward in its technology modernization journey by deploying Red Hat OpenShift as its common cloud platform. This strategic move enables greater agility, stability, and scalability for mission-critical applications, including M-PESA, which serves 51 million customers and facilitates over $314 billion in transactions annually across Africa. By shifting to a…
Kenya is taking a bold step toward green industrialization with the establishment of the Olkaria Special Economic Zone (SEZ)—the country’s 16th SEZ and a game-changer for industrial investment. Spanning 8,292 acres, Olkaria is set to attract both local and international investors by offering tax incentives, world-class infrastructure, and direct access to affordable geothermal energy. This…
