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Nairobi rises six places in startup friendly rank
The skyline of Nairobi CBD on June 23, 2021. The CAIPS aim to help Kenya reverse its reliance on imports, shifting from 80 percent imported consumption to greater local production.
Kenya’s capital Nairobi has risen six places to become the 107th most preferred city for startup ventures globally, moving from position 113 last year, on the back of enhanced private and public sector investment in supportive structures.
Nairobi’s rise came in a period the overall ranking for the country improved five spots to the 58th place up from rank 63 last year, in a first positive momentum after years of stagnation and decline.
