Kenya lost its position to Nigeria in the latest ranking on the conduciveness for start-ups, dropping to position 62 out of 100 countries.
The Global Startup Ecosystem Index 2022 published by StartupBlink also rated 1,000 cities where Nairobi and Mombasa also both dropped in ranking.
StartupBlink is a global data bank for start-up ecosystems, which is meant to serve developers, innovative organisations and researchers.
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print
operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a
leading multi-media house in Kenya with a key influence in matters of national
and international interest.