Why is software development business is thriving in Kenyan and what is its impact to the Kenyan businesses and economy

Mar 16, 2023
Tech
Why is software development business is thriving in Kenyan and what is its impact to the Kenyan businesses and economy

The software development business is thriving in Kenya due to several reasons, including:

  1. Availability of skilled and talented developers: Kenya has a large pool of skilled and talented software developers who are capable of developing world-class software products and services. This has made it an attractive destination for companies seeking to outsource software development services.
  2. Access to technology and infrastructure: Kenya has made significant strides in developing its technology infrastructure, including increased access to the internet and mobile connectivity. This has created a favorable environment for software development businesses.
  3. Government support: The Kenyan government has shown its support for the technology industry by investing in programs aimed at developing the skills and capacity of local developers. This has helped to create a supportive environment for software development businesses.
  4. Entrepreneurial spirit: Kenyans have a strong entrepreneurial spirit, which has driven the growth of software development businesses in the country. Many developers have started their own companies, creating innovative software products and services that meet the needs of local and international markets.

The impact of the software development business on the Kenyan economy has been significant. Here are some of the impacts:

  1. Job creation: The software development industry has created thousands of jobs for software developers, designers, and other professionals in the technology industry. This has helped to reduce unemployment levels in the country.
  2. Revenue generation: The software development industry has generated significant revenues for the Kenyan economy through exports of software products and services to international markets.
  3. Innovation: The software development industry has driven innovation in other sectors of the economy, such as finance, healthcare, and education. This has helped to improve the efficiency and effectiveness of these sectors, driving economic growth.
  4. International recognition: Kenya has gained international recognition as a hub for software development and innovation, attracting investment and talent from around the world.

In conclusion, the software development business has brought forward  a significant impact on the Kenyan economy, creating jobs, driving innovation, and generating revenue. It is likely to continue to thrive in the coming years, driven by a combination of government support, access to technology and infrastructure, and the entrepreneurial spirit of Kenyan developers.  At Asta Marketplace (K) provides software development solutions on request, all you need to is to reach out  to us via customer service number's or email provided on this platform.