Kenyan mobile start-ups raised Sh14.79 billion ($147 million) in 27 deals last year, a new study suggests, highlighting the country’s position as a hub for mobile innovations on the continent.
Nairobi accounted for more than a quarter of the funds that were sunk into mobile start-ups in Africa, only dwarfed by South Africa, the latest Global System for Mobile Communications Association (GSMA) mobile economy report says.
