US President hails Kenya for leading innovation in the region

By James Ratemo, Nairobi, Kenya

The US government has hailed Kenya for setting good example on how technology can change way of doing business.

During his recent visit to Kenya to grace the Global Entrepreneurship Summit 2015, US President Barack Obama particularly singled out Safaricom’s mobile banking platform, M-Pesa and crowdsourcing platform Ushahidi. “Today, Kenya is the largest economy in East Africa.  High-speed broadband and mobile connectivity are on the rise, unleashing the entrepreneurial spirit of even more Kenyans,” he said.  

 “From Zimbabwe to Bangladesh, citizens work to keep elections safe, using the crowdsourcing platform Ushahidi and that’s a great idea that started right here in Kenya,” he said.

“…every day around the world, millions of people send and save money with M-Pesa and it's a great idea that started here in Kenya,” he said.

So as to support young women entrepreneurs, the US President revealed plans to establish three women’s entrepreneurial centers in Kenya, Mali and Zambia.

Urging Kenyan women to ride on technology to grow their businesses he hailed the many young Kenyans who are harnessing technology to change the way of doing business.

“Women are powerhouse entrepreneurs…this continent needs to be a future hub of global growth, not just African growth,” he said.

Launched by President Obama in 2009, the Global Entrepreneurship Summit (GES) brings together entrepreneurs and investors from across Africa and around the world annually to showcase innovative projects, exchange new ideas, and help spur economic opportunity. 

Share this News
Share |
Subscribe to our Daily Newsletter here