Kenyan start-ups have attracted venture capital funding in excess of $4.5 billion (Sh669 billion) in the past decade, led by fintech, clean technology, health and agriculture sectors.
Investment statistics compiled by the East Africa Venture Capital Association (EAVCA), advisory firm I&M Burbidge Capital and research and intelligence firm Briter Bridges show that the disclosed value of VC investments in East Africa between 2013 and June this year stood at $5.5 billion (Sh806.6 billion).