Kenya | Africa
DigiKen Facility
Invest $55M to Scale Kenya’s Digital Platform Revolution and Unlock $275M+ in Digital Economy Investment Across Africa’s Silicon Savannah
REASONS TO INVEST
Accelerate Kenya’s digital economy transformation by scaling proven homegrown digital platform models across fintech, e-commerce, and social media value chains, to provide digital business financing for 5,000+ MSMEs and local startups while developing inclusive digital infrastructure that creates 50,000+ sustainable technology jobs and empowers 500,000+ women, youth, and marginalized community members to participate in the digital economy. This investment leverages Kenya’s position as Africa’s Silicon Savannah and the DigiKen model to achieve digital sovereignty objectives while supporting the country’s Vision 2030 and Digital Masterplan 2022-2032 through bankable, locally-relevant digital platform investments across key innovation hubs.
Current Partners
- Ministry of Information
- Communications and Digital Economy
- Konza Technopolis Development Authority
- Kenya School of Government
- Safaricom
- Equity Bank
- Kenya Commercial Bank
- iHub
- Nairobi Garage
- African Leadership University
Potential Partners
- Development Finance Institutions (DFIs)
- International Finance Corporation (IFC)
- African Development Bank
- European Investment Bank
- British International Investment
- TLcom Capital
- Novastar Ventures
- Impact Investors focused on Digital Economy & Innovation
- Safaricom
- Microsoft
- Mastercard Foundation
- Kenya Commercial Bank
- Equity Bank
- East African Development Bank
- Kenya ICT Authority
- Konza Technopolis Development Authority
- Kenya Private Sector Alliance
- Digital Platform Impact Funds
Fund Target
$55M (catalyzing $275M+ additional public and private investments)
Fund Returns
4-6% on guarantee portfolio with 15-22% Internal rate of Return (IRR) on digital platform ventures, supported by government partnerships and premium access to East Africa’s 300M+ digital market
Funding Years
4-5 years (with 3-year deployment period)
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