The Government of Kenya has reiterated its commitment in delivering the Bottom-Up Economic Transformation Agenda (THE BETA PLAN) to unlock economic opportunities, attract investments and improve livelihoods for all Kenyans through the signing of the Kenya-UAE Comprehensive Economic Partnership Agreement (CEPA) on January 14, 2025.
This transformative agreement is the first of its kind between the UAE and a mainland African nation, cementing Kenya's position as the gateway to East and Southern Africa while enhancing trade, investment and technological cooperation.
This commitment by the government has seen Kenya emerge as a global leader in startup funding, attracting $638 million in 2024, representing 29 percent of Africa's total startup funding, according to The Big Deal Africa.
Further, this surge is underpinned by innovative government initiatives such as the Digital Superhighway program, under THE BETA PLAN, aimed at connecting every corner of the country through a Sh53 billion fund from World Bank set aside for the construction of 100,000 kilometers of broadband fiber optic infrastructure and the proposed Startup Act, which aims to foster innovation and entrepreneurship.
