PS Isaboke Champions Digital Transformation at META Economic Impact Event
Kenya has made significant progress in laying the foundations of a modern digital economy. Today, the country’s digital economy is valued at approximately USD 4.2 billion and is projected to grow to nearly USD 13 billion by 2035, driven by sustained investments in connectivity, digital services, innovation ecosystems and an increasingly dynamic entrepreneurial landscape.
Principal Secretary for Broadcasting and Telecommunications, Mr Stephen Isaboke, EBS, who delivered keynote remarks during the launch of the META Economic Impact in Sub-Saharan Africa Report and the META Transform with AI Programme, earlier today noted, “Strategic investments in international connectivity, including submarine cable systems such as 2Africa, are expected to further strengthen Kenya’s digital competitiveness, with projections indicating an annual GDP contribution of approximately USD 1.2 billion and connecting an estimated 4.4 million additional people to the internet by 2035. Already, 86% of Kenyans report that internet reliability has improved significantly over the last decade.”
PS Isaboke also noted that digital platforms are no longer merely communication tools, but critical economic infrastructure enabling SMEs, creators, youth entrepreneurs and informal businesses to participate meaningfully in the digital economy, create jobs and scale innovation. He observed that this directly supports the Government’s Bottom-Up Economic Transformation Agenda (BETA) by driving inclusive growth, expanding enterprise opportunities and strengthening grassroots economic participation.