By Dorothy Musyoka
Kenya has reaffirmed its commitment to leveraging technology and innovation as engines of economic growth and youth empowerment.
Speaking during the launch of the 4th Kenya Innovation Week in Nairobi, President William Ruto announced transformative steps by the government to position the nation as a global innovation hub.
According to the head of state, Kenya’s key initiatives include the scaling up of investments through a KSh1 billion Start-Up Fund and the rollout of Kenya’s 10-Year Innovation Masterplan.
“We are leveraging technology and innovation to create opportunities, reduce inequality and drive our country’s economic growth,” President Ruto said.
“By scaling up investments in innovation, including the establishment of KSh1 billion Start Up Fund, and implementing Kenya’s 10-Year Innovation Masterplan, we are positioning our country as a global innovation hub, supporting startups and empowering the youth,” added the President.
These efforts aim to reduce inequality, create opportunities, and drive sustainable development.
In efforts to bolster innovation across the government, the Kenya Innovation Agency (KeNIA) will now operate under the Office of the President, ensuring seamless coordination and impactful outcomes.
This follows a directive by President Ruto that KeNIA be moved to his office.
“Directed that the Kenya Innovation Agency be moved to the Office of the President to ensure effective leverage across the government,” noted President Ruto.
However, this strategic shift underscores Kenya’s dedication to fostering an environment where startups thrive, youth are empowered, and technological advancements fuel the nation’s progress.