Nairobi is gaining global recognition for its advancements in Agtech, Ecommerce, and Fintech, driving economic transformation and digital inclusion across Africa.
In July 2024, Kenya's National Assembly approved the Startup Bill of 2022, creating a supportive framework for startups. The law provides tax incentives, simplifies credit access, and establishes a strong platform for startups to secure essential resources, fostering tech sector growth and attracting talent and investment to Kenya.
In 2024, Kenyan startups secured $638 million in funding, representing nearly 29% of the total capital raised across the continent. This milestone reinforces Kenya's leadership in Africa's venture funding landscape. The Climatetech sector saw significant investments, with d.light, a manufacturer and distributor of solar lighting and power products, securing a $176 million round in July 2024.
In January 2025, Nairobi’s Tatu City invested over $500 million in infrastructure, encompassing roads, water, sewerage, power, and ICT. This development supports more than 80 businesses and two international schools within the city.
The Africa Tech Summit Nairobi 2025, held in February at the Sarit Expo Centre, featured ten cutting-edge African tech startups. The event offered a platform for these ventures to connect with investors and partners, reinforcing Nairobi’s status as a leading hub for technological innovation.
In October 2024, President William Ruto introduced a digital nomad visa, enabling remote workers to reside and work in Kenya. The government aims to attract five million visitors annually by 2027, with the Digital Nomad Visa playing a pivotal role in achieving this target.
