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HomeDaily NewsSaturday, October 25, 2025New Reports Detail Kenya's Music Revenue Growth, Child Vision Issues, and African Women's Lead in STEM - October 2025
Business & Economy3 stories from 2 sources

New Reports Detail Kenya's Music Revenue Growth, Child Vision Issues, and African Women's Lead in STEM - October 2025

Several new reports have provided insights into trends in Kenya and across Africa. The PwC Africa Entertainment and Media Outlook 2025–2029 shows Kenya's live music industry revenues are projected to grow at a Compound Annual Growth Rate of 2.1% annually through 2029, with ticket sales already surpassing pre-COVID levels. In public health, a new global report reveals that approximately 86,000 school-aged children in Kenya struggle with uncorrected vision problems, causing them to lose nearly 25,000 years of schooling annually. On a broader scale, a new McKinsey report reveals that African women lead globally in STEM graduates, making up 47% of the total. However, the same report notes they face significant barriers in career advancement and access to funding within the tech sector.

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Friday 11:51 AMThe Kenyan Wall Street

Kenya’s Live Music Revenues Set to Grow 2.1pc Annually as Concert Culture Rebounds

Kenya’s Live Music Revenues Set to Grow 2.1pc Annually as Concert Culture Rebounds

Kenya's live music industry is rapidly recovering, with ticket sales surpassing pre-COVID levels and projected to grow at a Compound Annual Growth Rate (CAGR) of 2.1% annually through 2029, according to the PwC Africa Entertainment and Media Outlook 2025–2029.

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Key Highlights

Kenya's live music industry is rapidly recovering, with ticket sales surpassing pre-COVID levels and projected to grow at a Compound Annual Growth Rate (CAGR) of 2.1% annually through 2029, according to the PwC Africa Entertainment and Media Outlook 2025–2029.

  • In 2024, Kenya’s live music ticket sales reached US$1 million (Sh130 million), with this growth rate slightly exceeding Nigeria’s 1.8%, while South Africa leads the continent with US$76 million in ticket revenues and a 5.9% CAGR.
  • Entertainment and Media Director at PwC Kenya, Michael Mugasa, highlights that Kenya's live entertainment economy is being redefined by digital access, including social media promotion, mobile payments, and streaming integration.
  • Promoters are leveraging e-ticketing via mobile apps and payment gateways like M-Pesa, and artists such as Sauti Sol, Fena Gitu, and Khaligraph Jones are using platforms like TikTok and YouTube to create interactive brand experiences and engage fans.
Friday 10:43 AMThe Kenyan Wall StreetFirst

African Women Lead in STEM Graduates Globally, but Lag in Tech Leadership and Funding

African Women Lead in STEM Graduates Globally, but Lag in Tech Leadership and Funding

A new McKinsey report reveals that African women lead globally in STEM graduates, making up 47% of the total, yet face significant barriers in career advancement and access to funding within the tech sector.

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Friday 10:59 AMCapital Business

Report: 86,000 Kenyan children struggle with poor vision daily

Report: 86,000 Kenyan children struggle with poor vision daily

A new global report reveals that approximately 86,000 school-aged children in Kenya struggle with uncorrected vision problems, leading to significant educational and economic setbacks. These issues cause children to lose nearly 25,000 years of schooling annually.

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Key Highlights

A new global report reveals that approximately 86,000 school-aged children in Kenya struggle with uncorrected vision problems, leading to significant educational and economic setbacks. These issues cause children to lose nearly 25,000 years of schooling annually.

  • 86,000 Kenyan children suffer from uncorrected vision problems like short-sightedness, long-sightedness, and astigmatism.
  • The report by the International Agency for the Prevention of Blindness (IAPB) and the Seva Foundation estimates children lose nearly 25,000 schooling years annually.
  • Correcting these vision issues could add over Sh14.7 billion in annual earnings to Kenya’s economy, with improved child eye health potentially increasing lifetime earnings by 125 percent.
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Key Highlights

A new McKinsey report reveals that African women lead globally in STEM graduates, making up 47% of the total, yet face significant barriers in career advancement and access to funding within the tech sector.

  • African women hold less than 20% of executive technology roles and receive only 1% of start-up funding on the continent.
  • The report identifies three critical "leak points": transition from education to employment, progression barriers within organizations, and limited access to capital for women entrepreneurs, with 12% citing premature exit due to stagnation or family duties.
  • Recommendations include partnering with universities to align STEM curricula, offering mentorship, conducting pay equity audits, and expanding financing for women-led ventures, as full gender parity is still over a century away in Africa.