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Kenya tops African venture funding in 2024 with Sh82b

Former President Uhuru Kenyatta visits iHub Research Centre at Bishop Magua Centre, Nairobi. The iHub provides young entrepreneurs with mentorship, Internet connectivity and the possibility of venture funding through the international venture capital community. [File, Standard]

Kenya has cemented its position as the leading destination for venture funding in Africa, attracting $638 million (Sh82.3 billion) in 2024, according to a report by Africa the Big Deal.

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