Why Is Kenya Experiencing An Influx Of Tech Startups..

Kenya has been experiencing an influx of tech startups over the years. According to findings and Maitri Capital assessment of Kenya’s investment climate, the country's $8.7 billion retail industry provides numerous chances for investors. In Africa today, technology-driven startups keep emerging, a phenomenon that speaks to the transformation of the business ecosystem. This transformation is, however, not the only reason why the tech space in Africa has taken off. Other reasons like Africa’s youthful and growing population, rising use of the internet, and the evidence of the application of modern technologies to improve access to healthcare, quality education, financial services and energy have contributed to the fertile ground for Tech which we currently have. Kenya's active internet presence, high mobile phone adoption, and youthful people resources are also a few reasons for this. Polls indicate that the country boasts more than 100% mobile penetration, 90% internet coverage, and a diverse set of B2C e-commerce merchants, lowering business costs. The Kenyan startup ecosystem is a leading hub for entrepreneurship on the continent thanks to several strengths, including a growing number of engaging international investors, a huge population with access to technology, and a growing number of startup support organizations active in the ecosystem.
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[marcbouviere]

A lot of good statistics, but the reason why Kenya is a tech hub is not really explained.