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Kenya Tops In African Innovative Startups Globally

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The World Economic Forum this Tuesday released its annual 2022 Technology Pioneers List that entailed firms that had employed technology and innovation towards impacting their businesses and society positively.

In the list acknowledging the achievements, Kenya has shone its light on the global stage having shown the prowess of its technology industry throughout the continental barriers.

This comes after Kenya had three of the six companies enlisted from the African continent hence proof of an environment for start-ups.

The start-up firms include; Access Afya- which entails the provision of high-quality healthcare for the global mass market, the Pula Advisors- which is more of an insurance and technological company that is mandated with the provision of comprehensive insurance solutions and lastly following is the Sendy- which is widely known for building fulfillment infrastructure for E-commerce and consumer brands.

Some of the other companies that are representing Africa among the six include; Ampersand from Rwanda apparently a leading battery-swap network for light vehicles and Okar which is a set-up from Nigeria mostly known for digitalizing the financial services for Africa.

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Finally, is Hawkar, a start-up based in Tunisia that is in North Africa.

It’s the above representation that saw Kenya lead amongst the countries in the continent beating the Middle East which had a representation of two startups from Israel as well as Latin America only recording about five startups in the list.

World Economic Forum also acknowledged a recorded spike in the companies under women’s leadership which seemed to have exceeded a third of the total listed companies.

The World Economic Forum statement states, “For the first time ever, more than one-third of the selected firms are led by women, which is well above the industry average. The 2022 Tech Pioneers are based in 30 countries – with Vietnam, Rwanda and the Czech Republic represented for the first time – and this year’s cohort is shaping industries around the world. Following their selection as Technology Pioneers, this year’s companies will join an impressive group of alumni that include many household names, such as Airbnb, Google, Kickstarter, Mozilla, Spotify, Transfer Wise (now Wise), Twitter, and Wikimedia.”

It’s due to such that Kenya has cemented its position as the most eligible base for tech companies upon the issuance of several multinationals.

As of this year, there has been shown recognition of Kenya as a home for the tech innovations and startups as the Microsoft, Alphabet, owning the Google, and Visa has made a move to setting up continental headquarters in Nairobi.

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