Kenya fintech

UK’s KSh 17.7 Billion Fund Targets 500 Kenyan Startups: The Full Breakdown of Who Qualifies and How to Access the Cash

Nairobi, Kenya – A KSh 17.7 billion (£100 million) UK-backed investment fund is set to be released Kenya’s startup ecosystem, aiming to back 500 high-growth ventures over the next five years. Dubbed “Ukumbi” (Swahili for “platform”), this initiative represents the largest country-specific startup fund in East Africa, but comes with strings attached that could reshape…

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