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Originally published by Capital Businessbusiness
September 24, 2025
5h ago
Kenyan corporates urged to step up as startup funding gap widens

NAIROBI, Kenya, Sept 24 – Kenyan corporates have been urged to move beyond brand sponsorships and step into strategic investment as the country’s startups Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenyan corporates are being urged to increase their strategic investment in local startups to address a widening funding gap, despite the country's reputation for innovation. A new report, the Corporate Venture Capital (CVC) State of Play in Kenya, highlights a significant lack of local corporate participation in venture financing.
- Global CVC funding reached $130 billion in 2024, nearly doubling 2017 levels, while Kenyan corporate engagement remains low.
- Africa's early-stage businesses face an annual funding gap of $194 billion, equivalent to about 7% of the continent's GDP.
- The report was launched in Nairobi by the UK-Kenya Tech Hub and ViKtoria Ventures as part of the Angel Leads Program.
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