Kenya's startup ecosystem, though rich in talent, faces significant hurdles due to regulatory bottlenecks and structural issues, according to global innovation platform Latitude59. To unlock its full potential, Kenya must open up to foreign investment, streamline regulations, and strengthen public-private collaboration.

• In 2024, Kenyan startups attracted approximately Sh82.5 billion (US$638 million), representing nearly 29 percent of all startup funding across Africa.
• Liisi Org, CEO of Latitude59, emphasizes the need for Kenya to open to foreign capital and create a smoother regulatory environment.
• Kenya National Innovation Agency (KENIA) Startup Director Philip Gondi confirmed incentives like a 30 percent income tax relief for certified startups, with 226 startups supported over three years.