Fragmented regulation is hurting Kenya’s digital economy prospects

Kenya’s digital economy contributes nearly 10 percent of GDP and continues to attract significant domestic and international capital.

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Kenya, the “Silicon Savannah”; a title that is well-deserved and worn with pride. It reflects the global success of M-Pesa in driving financial inclusion, the strength of our innovation ecosystem, the presence of regional technology headquarters, and the confidence with which Kenya shows up at global digital forums. Kenya sees herself, and is often seen, as a continental, nay global, innovation leader.

Yet nearly two years ago, the Worldcoin saga exposed a disquieting gap between this brand and the institutional machinery behind it. It was a moment that forced the country to stop, look in the mirror and ask, “Who, exactly, was in charge?”

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Note: The results are not exact but very close to the actual.