Kenya and Africa need catalytic investors, not donors, to develop

President William Ruto chairs a meeting of the Committee of African Heads of State and Government on Climate Change on the sidelines of the African Union Summit in Addis Ababa, Ethiopia. [File, Standard]

When a Kenyan health-tech startup offering affordable micro-clinics in Nairobi’s informal settlements wanted to expand a few years ago, it struggled to attract scale-level funding. Donors were constrained, and investors deemed it too risky.