Kenya’s technology push leaves investors cold

By Drazen Jorgic NAIROBI (Reuters) – Kenya’s technology rush gave hope that new ideas would help millions of Africans use their mobile phones to circumvent poor infrastructure but local start-ups are failing to draw major investors or create profits. Lack of talent, problems in attaining seed capital and ideas that cannot be sold to a mass market or easily monetized have so far held back hundreds of Kenyan start ups

Read more