Having had our concerns in the past about whether the Kenyan startup space was developing in the hoped-for manner, we can safely say our worries have proven misplaced as the ecosystem continues to grow. 2020 saw another few great leaps forward for the East African country’s tech startup ecosystem, but what were the five biggest developments? Funding continues to flowAfter a period of stagnation, Kenyan startups have rebounded on the funding front in the last couple of years. A Kenyan Startup Act? The acquisition of eLimuIn October, Kenyan ed-tech startup eLimu was acquired by Co-Creation Hub (CcHub) in a deal that will transform eLimu into the educational arm of the incubator.
Source: The North Africa Journal December 23, 2020 06:00 UTC