The Kenyan start-ups ecosystem has experienced tremendous growth the last decade supported by improvement of key development indicators such as increased number of innovation hubs spread across the country standing
Covid 19 continues to decimate SMEs in Kenya with conservative estimates indicating mortality rate upwards of 80 percent. Government as well as other development partners have put in place interventions
Kenyan SMEs experienced an average mortality rate of 75% within the first three years of inception (KNBS 2016), with the covid 19 throwing a spanner in the works most likely
Kenyan SMEs play a critical role In the economy constituting 98 percent of all registered businesses, contribute 33 percent to GDP, employs over 30 percent of Kenya’s youthful population (KNBS
Kenya’s SMEs have struggled the last five years owing to a barrage of recurring factors other than the traditional challenges of technology, market intelligence, access to finance, ill supportive polices,