Kenyan startups rake in Sh524bn funding in five years

Most startup funding flowing into Kenya continues to come from foreign investors, with clean energy firms leading the way.

Photo credit: Fotosearch

Kenyan startups received Sh524.5 billion ($4.2 billion) in private funding in the five years to 2025, highlighting the appeal of the country’s emerging firms to largely foreign capital inflows.

The funding represents about 84 percent of private capital deals in East Africa, underlining Kenya’s status as the largest regional economy, according to data from the African Private Equity and Venture Capital Association (AVCA).

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Note: The results are not exact but very close to the actual.