Hidden Valleys

Kenya Plants Seeds for a Silicon Savannah 

April 18 (Bloomberg) -- Nairobi, Kenya has become the tech hub of Africa, a niche that could be worth more than one billion dollars to the country in the next three years despite its 40% unemployment rate. Kenya is throwing all their eggs in the tech basket as they build a multi-billion dollar infrastructure in the form of a "Techno City" that will support 200,000. (Source: Bloomberg)

As Kenya struggles with 40 percent unemployment, the African country is pinning its hopes on technology to boost its economy. Bloomberg West went on a safari to Silicon Savannah in Nairobi, Kenya.

The roots of a tech industry are starting to sprout there as mobile application developers create local hits. By 2025, Kenya expects to open Techno City, a community near Nairobi where 200,000 tech professionals will live and work. The project has already attracted interest from Samsung Electronics, Huawei Technologies and BlackBerry.

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