President William Ruto has emphasized that the digital economy is the solution to youth unemployment in Kenya.
Speaking at the launch of Fingo Africa powered by Ecobank, he stated that the government is investing in the digital economy to create more opportunities for the youth. He added that Kenya aims to become an ICT innovation hub to unlock the digital economy’s potential and has put in place robust measures to ensure successful implementation.
President Ruto cited several initiatives such as the National ICT Policy, the Kenya Start-Up Act, Data Protection Act, Digital Economy Blueprint, Computer Misuse and Cybercrimes Act, and the Konza Technopolis project as areas of focus.
He further stated that the digital transformation agenda is real, feasible and anchored on a robust institutional framework.
He also highlighted how financial technology will promote transactional efficiency, enhance security, and protect private data in the finance sector.
Among the attendees of the launch were Cabinet Secretaries Eliud Owalo and Njuguna Ndung’u, COG Chairperson Anne Waiguru, and several other leaders.