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Originally published by Capital Business
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business
September 24, 2025
5h ago

Kenyan corporates urged to step up as startup funding gap widens

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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