Sharp Daily
No Result
View All Result
Tuesday, December 9, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya’s BPO market thrives amid digital economic growth

Huldah Matara by Huldah Matara
September 14, 2024
in News
Reading Time: 2 mins read

Kenya is solidifying its position as a leading player in the global Business Process Outsourcing (BPO) market, with revenues expected to surpass $500 million USD annually. Wendy Gonzalez, CEO of Sama AI, highlighted Kenya’s rapid rise in the BPO sector, projecting that over half of these revenues—$254 million USD—will come from BPO in 2024.

During a public lecture at the University of Nairobi, Gonzalez emphasized Kenya’s emergence as an attractive investment destination within the Global Business Services (GBS) market. This sector, which includes BPO, has seen significant growth, particularly in AI supply chain services offered by firms like Sama. Gonzalez noted that Kenya’s $500 million USD in GBS revenues places it ahead of other emerging African markets, including Senegal, Nigeria, and Rwanda.

“Digital work is the fastest-growing sector, and Kenya has made significant progress despite stiff competition,” Gonzalez stated. She warned, however, that Kenya must remain vigilant to maintain its market position, particularly as other countries intensify efforts to capture a share of the GBS market. She also highlighted the need for an enabling environment to further deepen Kenya’s market opportunities.

Gonzalez projected that by 2030, 50-55% of jobs in Kenya will require digital skills. However, she noted significant gaps in both basic and advanced digital skills, especially in rural areas and among women. To address this, Sama has partnered with the University of Nairobi to advance AI skills, marking one of the first collaborations of its kind in Kenya.

RELATEDPOSTS

Power struggle erupts over UoN chancellor’s overhaul plan

February 21, 2025

Supporting Gonzalez’s insights, Principal Secretary for ICT and the Digital Economy, Eng. John Tanui, emphasized the transformative potential of AI. “AI is not just a possibility—it is our present reality,” Tanui said, noting that Generative AI could add up to $4.4 trillion USD annually to the global economy. He reaffirmed the government’s commitment to fostering innovation while safeguarding ethical AI development.

Prof. Margaret Hutchinson, Acting Vice Chancellor of the University of Nairobi, stressed the university’s role in bridging the gap between academia and industry. The Sama-UoN partnership is expected to enhance Kenya’s position as a leader in the global AI value chain.

 

Previous Post

Safaricom denies reports of cancelling Starlink payments via M-Pesa

Next Post

Kalonzo unveils shadow cabinet plans for Azimio la Umoja

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

What’s new in cryptocurrency

December 8, 2025
News

Understanding life insurance: Term vs whole life insurance

December 8, 2025
News

How to build a credit score after debt payment

December 8, 2025
Kenya leads Africa at UNEA-7
News

UN UNEA summit 2025: Global leaders convene in Kenya to advance environmental action

December 8, 2025
Analysis

Vodacom to Acquire 55% Stake in Safaricom in $2.1B Deal

December 8, 2025
News

Buy-Now-Pay-Later Craze: Convenience or Debt Trap?

December 6, 2025

LATEST STORIES

What’s new in cryptocurrency

December 8, 2025

Understanding life insurance: Term vs whole life insurance

December 8, 2025

How to build a credit score after debt payment

December 8, 2025
Kenya leads Africa at UNEA-7

UN UNEA summit 2025: Global leaders convene in Kenya to advance environmental action

December 8, 2025

Vodacom to Acquire 55% Stake in Safaricom in $2.1B Deal

December 8, 2025

Buy-Now-Pay-Later Craze: Convenience or Debt Trap?

December 6, 2025

The Rise of Agency Banking in Kenya

December 6, 2025

The Future of Saccos: Digital Transformation and Competitive Pressures

December 6, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024