Kenya National Innovation Agency (KeNIA) has launched a comprehensive 10-year Innovation Masterplan to drive Kenya’s national #innovation ecosystem, aligning with the African Union’s Agenda 2063 for economic growth and global competitiveness. The plan aims to create 10 unicorns (privately held start-ups valued over $1 billion), contribute 2% to GDP, create 1 million jobs, and elevate Kenya’s Global Innovation Index ranking. However, challenges such as weak intellectual property #infrastructure need addressing, with the master plan proposing passing the national IP policy by 2024 for stronger protection. This ambitious strategy, crafted through a participatory process, targets significant growth in innovation-driven sectors, with a focus on #inclusivity and #sustainability. Supported by award-winning initiatives and leveraging global best practices, it seeks to close infrastructure gaps and ensure equitable access to resources. With a budget of $100 million, the plan is poised to transform Kenya’s innovation landscape, driving #economicdevelopment and fostering collaboration across sectors for impactful outcomes.
