Positive developments are on the horizon for startups in Kenya

Date:

I’ve noticed a surge in Call of Duty Mobile (CODM) tweets lately, suggesting an increasing player base in Nigeria and Africa.

Unlike my experience in 2020, I now find myself frequently paired with African players, a shift from the German players I initially encountered. Contemplating a story on this, but apprehensive about ending up in Battle Royale games during interviews.

For those unfamiliar with BR, give CODM a try. Share your username if you’re already playing — let’s team up!

In today’s news:

1.LemFi Halts Operations in Ghana:
LemFi, a remittance startup, paused operations in Ghana after regulatory issues. The Bank of Ghana cited lack of approval, impacting collaborations with financial institutions. LemFi, which raised $33 million in August, aims to facilitate money transfers for immigrants.

2.Tax Breaks for Kenyan Startups:
Kenyan startups are set to receive tax breaks by April 2024, pending the passage of the Startup Bill into law. President William Ruto anticipates the law will de-risk innovations, fostering a supportive environment for startups. The bill, introduced in 2021, offers tax breaks and a credit scheme for startup financing.

Currently Reading and Watching:
– An impressive CODM player from Nigeria.
– Exploring what it takes to surpass the iPhone.
– Excited about the new ability to play games on YouTube.

 

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