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Tech giants’ entry rattles Kenyan startup industry
Microsoft Africa Development Centre Managing Director, Jack Ngare (left) shows President Uhuru Kenyatta around the newly opened ADC Offices at Dunhill Towers, Westlands, Nairobi. The new facility will house the engineering, design, research, and innovation teams, as well as the Microsoft Garage, an incubation hub launched as part of the ongoing efforts to scale tech innovation in the continent.
What you need to know:
- American tech firm, Alphabet Inc’s Google is the latest entrant into the local market.
- Microsoft recently opened a new Sh3 billion office and labs in Nairobi for its premier engineering hub.
Tech startups in Kenya are facing a shake-up as giant global firms make multi-billion shilling investments in the country as part of a scramble for Africa’s fast-growing digital economy.
American tech firm, Alphabet Inc’s Google is the latest entrant into the local market where it is investing in its first-ever Africa product development centre as it positions itself to serve a growing base of internet users on the continent.
