Start-up closures leave trail of job losses in 2022

Kune Foods is one of the tech start-ups that closed down in 2022. PHOTO | NMG

At least six Kenya-based start-ups closed shop this year due to a number of threats, including lack of financing, pandemic woes, and a tough economic environment.

Most were tech companies, hurting the country’s vision of Silicon Savanah of Africa, a version of America’s Silicon Valley that has given birth to such tech giants as Facebook, Twitter and Uber.

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