Home of Innovation
Kenya pursues a mixed economy and her dynamic and diversified private sector comprises numerous small scale local enterprises, medium sized businesses and multi-national companies.
They provide an array of manufactured goods, business services and agricultural products for local consumption and also for export. Kenya was the first country in the world to launch mobile money, “M-PESA;” an innovation which allows users to transfer cash using mobile phones. Based upon its success in Kenya, M-PESA is currently under replication in a number of countries across the globe.