Kenyan Web3 startups raise Sh4.4bn since 2021, report shows
- Hashed Emergent released the inaugural 'Kenya Web3 Landscape Report' in collaboration with Web3Clubs and the Virtual Assets Chamber of Commerce.
- Kenya is positioned as East Africa's leading web3 ecosystem, driven by resilient founders and a growing developer base.
- Over 45 Kenyan startups have raised more than $34M in funding since 2021, with a significant rebound in investment activity in 2025.
The Kenya Web3 Landscape Report presents a promising outlook for the web3 ecosystem in Kenya, showcasing its potential for growth and innovation. However, addressing the funding gap and employment issues for developers is crucial for sustaining this momentum and ensuring long-term success in the sector.
