Kenya’s startup bill mandates R&D investment, but ownership rule sparks concerns
Kenya's Senate passed the 2022 Startup Bill. The bill mandates startups to allocate 15% of expenses to research and development.
President Ruto to sign bill that will give tax break to Kenyan startups
The Startup Bill 2022 will be signed into law by April 2024, providing employment opportunities for Kenyan youth and tax breaks for startups. The bill offers incentives to registered startups, including tax breaks, access to information on resources and support, and a credit guarantee scheme for fin
