Kenya inaugurates a platform to connect innovators and investors

By : Samira Njoya

Date : lundi, 27 mars 2023 12:59

Kenya, which is at the forefront of Africa's young technology scene, is increasingly attracting international companies looking to tap into the potential of its burgeoning IT sector. In that context, authorities are developing resources to facilitate the liaison between the various parties.

Last Friday, the Kenya National Innovation Agency (KeNIA) officially launched the Kenya Innovation Bridge, a digital marketplace to connect innovators, inventors, researchers, and start-ups with funders, customers, and users, in Mombasa.

This marketplace aims to enable as many innovations as possible to scale up by attracting appropriate funding and partnerships.

According to George Masila (photo, left), KeNIA's head of communications and partnerships, the marketplace was set up because there was a gap between innovators and people interested in their innovations.

“What we did is we developed a platform that would enable them to have that direct connection with those people who will be interested in whatever they are doing. [...] The innovation platform is just a simple interface that people of all levels of education can easily interact with. It’s almost like a LinkedIn or Facebook version,” he said.

Recently dubbed the "Silicon Savannah" because of its thriving technology ecosystem, Kenya is one of the fastest-growing economies in sub-Saharan Africa. According to the Swiss Business Hub Southern Africa, this technology ecosystem is estimated to be worth $1 billion and is an attractive environment for businesses, investors, and high-tech professionals. It is already host to subsidiaries of leading companies such as Facebook, Microsoft, IBM, and Intel.

With the launch of the Kenya Innovation Bridge, the Kenyan executive wants to further foster innovation in the country. The platform will link to investment/partnership and capacity-building opportunities that will turn innovations into commercially viable products and businesses, thereby contributing to job creation and overall economic growth in the country.

Samira Njoya


Please publish modules in offcanvas position.