Theme: Driving Kenya’s development through startup ecosystems
The conference afforded participants an opportunity to take stock of the progress made by the StartUp Bill in establishing a legal policy framework for the ecosystem. This will go a long way towards ensuring that Kenya remains a competitive destination for VC investment in Africa, projected to grow from approximately USD 3 Billion this year to USD 10 Billion by 2023.
Further, the conference facilitated an open dialogue between the ecosystem players, government agencies and development partners to organize and coordinate ecosystem initiatives. As a result of the rapid growth rate of Kenya’s startup ecosystem, there has been a proliferation of efforts to collect data on the needs/gaps, performance and impact metrics of start-ups as pertains to jobs and wealth creation, sustainable development and achieving the Big 4 Agenda.
The session was a hybrid allowing both physical and virtual attendance on Zoom and YouTube