DotConnectAfrica TedBits: The Kenya Issue
July 6, 2013
Kenya’s president has launched a $14.5bn (£9.1bn) project to build a new city intended to be an IT business hub and dubbed “Africa’s Silicon Savannah”.BBC
Nairobi has emerged as a serious tech hub and may become the African leader.
A combination of relatively stable politics, the
British legal system, and a benign climate seem to attract a significant share of foreign investment. Incubators are hosting potential solutions to many problems, including connecting M-Pesa (their mobile money solution on simple phones using SMS) with payment systems for local stores. If they manage to get through the upcoming March elections without significant conflict, they will grow quickly.”
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