And You Thought Investing in Russia Was Crazy

According to the IDG News Service, the Kenyan government has established a $39 million venture capital fund, with the help of some remarkably optimistic private investors in Kenya, South Africa, the United States, and the United Kingdom.  (Kenya’s government, long marred by corruption, says it’s contributing the lion’s share of the fund: $25 million.)

Here’s genuinely hoping that some of it makes it to Kenyan innovators!