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Kigali, RW
November 30, 2022
Business Tech

Rise Of Digital Economy Raising Demand For Tech Skills

NAIROBI, Kenya, July 20 – The digital ecosystem in Africa’s Silicon Savannah has very high prospects. As it stands, there are close to 400 fintech startups in the country. 

In 2020, for instance, Kenya was second to Nigeria in the concentration of startup activity in Africa, with an investment of KES 35.7 billion, according to research by database company Statista.

Beyond the fintech space, major tech companies such as Amazon Web Services (AWS), Microsoft, Google and Visa have chosen Kenya as their base for new operations. During the recent launch of Microsoft’s KES 3 billion office and labs, President Uhuru Kenyatta touched on the need to “build a local world-class talent and create innovative technological solutions that will yield global positive impacts’’.

The rising digital economy in the country has sparked an increased demand for skills in digital technology, artificial intelligence and automation alongside less tangible abilities such as problem-solving, emotional intelligence, resilience, and adaptability.

These developments in the tech space have opened up a battlefront for  tech talent and fintechs are caught up in the middle of it.

The war for talent as a strategic business challenge across board

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