Kenya, an innovation & tech hub in Africa | Kenya and Mayotte Innovation stakeholder cooperation
Victor Otieno Agolla
SME & Startups | Digital Economy | Africa's Innovation Ecosystem | Entrepreneurship Research | Child of the Most High God
Tuesday 26th November 2024. Honoured to be part of a panel together with Michael MBAE,?Head of Partnerships?·?French Tech Nairobi, Clément MARTINEAU,?Co-Founder and Operations Director, IX Africa Data Centre and ?Kosen KENTA,?Principal, Antler and moderated by Laure PAUGAM Executive Director French Chamber of Commerce.
The panel session is part of a trade mission is organized with Business France in collaboration with ADIM, the Development and Innovation Agency of Mayotte, the French Chamber of Commerce, and KNCCI. The business delegation includes 12 carefully selected medium-sized French companies based in Mayotte, interested in exploring new opportunities in Kenya and find new business partners.
Mayotte Island is part of the French overseas territories in the Indian Ocean, only 2h30 away from Kenya. The island has been a crossroads for maritime trade between Europe and the Indian Ocean for centuries.
The 'Doing Business in Kenya' workshop seeks to enable the delegates get a better understanding of the Kenyan tech and digital ecosystem, and learn from your shared experiences.
On our panel titled Kenya, an innovation and tech hub in Africa, i shared the following key points :
1-Unique strengths Kenya bring to Africa’s tech innovation landscape include; Talent evidenced by BIG Tech presence, geographic advantage as gateway to East Africa, youthful population to test out innovation (Kenya ranked high on crypto adoption among other tech) before launching to larger markets, policy environment that is elastic to some degree evidenced by recognition in MTP IV Digital economy , laws data protection act, cybersecurity act among others in. addition to innovation masterplan by KENIA, Fibre optic and digital hub programs. Lastly is the coherent structure of the innovation ecosystem with formation of a number of associations etc
2-There is a great need for government to take a leading role in providing funding to startups through local sourcing to innovation and technology from local founders and startups eg Mpost working with Kenya Postal Corporation. This will provide credibility needed to access private sector market, export market and funding from local and international investors
3-There is need to recognition of startups to enable systematic data collection by KNBS and CBK on socio economic contribution which is correlated to budget allocation to the sector.
Kenya's innovation stakeholders have an opportunity to develop stronger ties with Mayotte, even more in the framework of the EU – Kenya Economic partnership agreement.??
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