Nairobi is becoming a hub for expat tech entrepreneurs

Nairobi, Kenya, is the latest destination for young tech entrepreneurs looking to take advantage of major funding opportunities and a unique lifestyle. Since 2010, the city’s transformation into a cosmopolitan hub has resulted in it being a popular choice for talented, young expats who are eager to promote their fledgling startups.

Technology takeover

A rapid development in technology has seen Nairobi go from strength to strength in recent years.

The Kenyan capital boasts high speed internet connections, a solid infrastructure and eager investors.

All of this helps Nairobi to be the location of choice for technology startups, attracting entrepreneurs from other African cities, India, China, the UK and the US.

In tech markets, barriers to entry are few and far between. Therefore in a place such as Nairobi, where a solid infrastructure to support tech startups is already in place, it is clear why young expats are seizing the opportunity to move here.

A great place to live

The youngsters flocking to the city cite greater career opportunities as well as friendly, welcoming people as their reasons for staying.

There is a close-knit social scene, supportive communities, and a low cost of living, all of which make staying in Nairobi a fantastic choice.

Success stories

Exciting companies that have already found their feet in Nairobi include Sendy, Kenya’s first on-demand delivery service, and OkHi, a company that is aiming to provide an address to the 4 billion people around the world that don’t have one.

It is not only Nairobi that is booming, venture capital funding for African tech startups across the country reached a record-breaking USD 560 million in 2017, with Kenya receiving 26% of this investment.

So if technology is your thing, why not consider Nairobi as your expat destination of choice?

 

 

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