Kenya ICT Articles & Analysis

Chapter | ICT from The Report: Kenya 2018

Having earned the moniker Silicon Savannah – a status the country first actively sought in 2013 when it launched its economic development roadmap, Vision 2030 – Kenya has made significant strides in ICT. Vision 2030 included a technology development blueprint with the main objective of transforming the country into a global digital player. Progress in this regard is being fuelled by favourable...

While Kenya is no stranger to political strides experienced across the region, the country has managed to avoid long periods of crisis – whether political, economic or social – and has been able to overcome its challenges in relatively short periods of time.

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What kind of policies are needed to promote fair and effective competition in the ICT sector?

 

Having earned the moniker Silicon Savannah – a status the country first actively sought in 2013 when it launched its economic development roadmap, Vision 2030 – Kenya has made significant strides in ICT. Vision 2030 included a technology development blueprint with the main objective of transforming the country into a global digital player....

 

Growth in mobile payments reached 8% in 2017, according to the Central Bank of Kenya (CBK). While steady, this was slower than in 2016 and 2015, when industry growth was 19% and 17%, respectively. Industry stakeholders reported that muted consumer spending was partly due to lower-than-expected economic growth.

 

Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the global economy.

While Kenya is no stranger to political strides experienced across the region, the country has managed to avoid long periods of crisis – whether political, economic or social – and has been able to overcome its challenges in relatively short periods of time.

Government plans to establish Kenya as the “silicon savannah” received a boost with the awarding of a $390m contract to build key infrastructure for Konza Technopolis, a master-planned property development targeting Kenya’s ICT sector.