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Kenya should tap the power of angel investing for startups
If more Kenyan investors embraced angel investing, they would not only unlock massive growth potential but also retain wealth creation within the country.
Kenya’s startup ecosystem has long been recognised as a powerhouse of innovation in Africa. From mobile money to agritech and fintech, the country has repeatedly proven its ability to birth groundbreaking enterprises. Yet, many promising startups struggle to survive past their early stages due to a lack of funding.
Traditional financing options such as bank loans remain out of reach for most early-stage entrepreneurs due to stringent collateral requirements and high interest rates.
