Nairobi, March 28 -- The Kenyan innovation ecosystem has matured as evidenced by favourable rankings on the 2021 Global Innovation Index and the Global Startup Ecosystem Index (GSEI).

Global tech giants such as Google, Microsoft and Amazon have set up shop in Kenya.

Visa opened an innovation studio in Nairobi aimed at co-developing digital payments and commerce solutions while Swiss non-profit, NEAR partnered with the local blockchain community, Sankore to launch a regional hub in Kenya dedicated to blockchain innovation, education, and talent development in Africa.

The case for supporting start-ups is premised on two factors; the need for new avenues for significant job creation other than SMEs as well as economic resuscitation follow...