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[ Wed, Dec 25th 2024 ]: Reuters
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Bill Gates Foundation, Starlink and other multinationals that expanded businesses into Kenya in 2024

Kenya attracted attention in 2024, drawing multinational expansions, including Starlink, JP Morgan, and Microsoft and selling its role as a rising technological hub.
In 2024, Kenya has seen a significant influx of multinational corporations expanding their operations into the country, highlighting its growing appeal as a business hub in Africa. The Bill & Melinda Gates Foundation has deepened its commitment to Kenya by investing in health, agriculture, and financial services, aiming to foster innovation and development. Starlink, Elon Musk's satellite internet constellation, has also entered the Kenyan market, promising to enhance internet connectivity, particularly in rural and underserved areas. Additionally, other multinationals like Amazon, Google, and Microsoft have either expanded or initiated new projects in Kenya, focusing on technology, cloud services, and digital infrastructure. This surge in foreign investment is driven by Kenya's strategic location, relatively stable political environment, and a burgeoning tech-savvy youth population, making it an attractive destination for global businesses looking to tap into the African market.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/money/economy/bill-gates-foundation-starlink-and-other-multinationals-that-expanded-businesses-into-kenya-in-2024/ar-AA1wpwRJ ]