[kictanet] ICT Investment Opportunities in Kenya

[alice]

http://www.aganoconsulting.com/businessnews/archives/24

ICT Investment Opportunities in Kenya

The following are concluding remarks from a report titled ICT Investment 
Opportunities in East Africa Country Specific Market Analysis Kenya of 
October 2004 authored by Tina James Trigrammic, SA), Kimmo Kartano 
(Independent Consultant) Finland) and Tim Mutinda (Technology 
Consulting, Kenya).

The remarks capture the essence of the findings and suggestions to the 
future.

“The ICT sector in Kenya is small but with its skilled lCT labor force 
and recent changes in the government’s approaches to liberalization, 
some promising opportunities are likely to emerge in the short term.

“Investments are predominantly in the telecommunications sector as 
funding requirements in the IT software and services sectors will 
require smaller investments in the region of USD50 000 – 300 000. The 
creation of venture capital funding is needed to address this gap in the 
market and will need to take addressed if the potential of this 
component of the ICT sector is to be unleashed.”