Kenya’s Government is Investing in 'Africa’s Silicon Savannah'
Simal Yilmaz — February 5, 2013 — Business
References: dezeen
Kenya’s development plans within business and infrastructure are taking a giant leap and investing £9.1 billion on an IT and business hub named the 'Africa’s Silicon Savannah.' This immense project will be located at the future Konza Technology City.
The project is within the Kenyan government’s Vision 2030. It is being planned to create around 20,000 IT jobs by 2015, and approximately 200,000 jobs by 2030 for young and bright Kenyan locals. The area will feature 37,000 residential homes, a university campus, hotels, schools, hospitals and research facilities. Around 6,000 hectors of the land will be conserved to maintain a wildlife area, currently already assured by the Kenya Wildlife Conservancy .
The project is hoped to spur trade and investment activities, create employment and become a hub of advancement.
The project is within the Kenyan government’s Vision 2030. It is being planned to create around 20,000 IT jobs by 2015, and approximately 200,000 jobs by 2030 for young and bright Kenyan locals. The area will feature 37,000 residential homes, a university campus, hotels, schools, hospitals and research facilities. Around 6,000 hectors of the land will be conserved to maintain a wildlife area, currently already assured by the Kenya Wildlife Conservancy .
The project is hoped to spur trade and investment activities, create employment and become a hub of advancement.
Trend Themes
1. Digital Transformation in Africa - The investment in Africa's Silicon Savannah presents opportunities for digital transformation in various sectors, including education, healthcare, and research.
2. Smart City Development - The creation of Africa's Silicon Savannah demonstrates the potential for smart city development, integrating technology and infrastructure to drive economic growth and improve quality of life.
3. Youth Empowerment and Job Creation - The establishment of the Africa's Silicon Savannah aims to generate thousands of IT jobs, offering opportunities for youth empowerment and economic growth.
Industry Implications
1. Information Technology (IT) - The IT sector stands to benefit from the development of Africa's Silicon Savannah, providing opportunities for IT services, software development, and innovation.
2. Real Estate and Construction - The construction of residential homes, hotels, and other facilities in the Konza Technology City creates opportunities for the real estate and construction industries in Kenya.
3. Education and Research - With the establishment of a university campus and research facilities, the education and research sectors in Kenya have the potential to thrive and contribute to innovation and knowledge-based economy.
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