We are all used to associating success of young individuals to inheritance and family business.
Top 8 Under 30 millionaires in Kenya (2017)
These are the young Kenyans making major strides in the world of entrepreneurship.
Well, forget that. These young, bright minds are running their own businesses that are making them a fortune and could just see them find their way into, not only Kenya, but Africa's wealthiest individuals:
1. Rajiv Shah
The 29 year old is the founder of Tangerine Investments, an outdoor advertising firm that uses public transit vehicles, litterbins and street poles to market leading consumer goods in Kenya.
Tangerine, which was founded in 2008, has clients such as Kenya Airways, Pizza Inn, Subway and Coca Cola HP among others. The company has annual revenues exceeding $1 million.
2. Evans Wadongo
Wadongo, a 26 year-old Kenyan engineer designed a solar-powered LED lantern called MwangaBora an invention which is fast replacing smoky kerosene lamps and firelight in rural Kenya.
The young lad has been distributing thousands of these lanterns throughout rural Kenya where there is little or no electricity. His organization, Sustainable Development For All (SDFA) sponsors an empowerment initiative that teaches poor Kenyans how to reproduce these solar lanterns and sell for profit.
3. Gloria Michelle Otieno
Four years ago, Gloria Michelle Otieno Muka, 28, founded Recours Four Kenya Consultants Limited (R4Kenya), a fast-growing professional HR services firm located in Nairobi, Kenya.
She started the firm with $2,000 (Sh20,000) of her savings, and within the last 4 years, she has grown the company into a $400,000 (Sh40 million) business with 19 employees.
Recours Four Kenya offers professional HR services in consultancy, recruitment, training, psychometric testing and staff outsourcing. The company’s clients include the World Bank group, Kenya National Examination Council, USAID, GlaxoSmithKline and Sportpesa.
4. Eric Muthomi
The 27-year old law graduate has built a successful business from solving the banana problem in Meru, his Kenyan hometown.
His firm Stawi Foods and Fruits, procures bananas from smallholder farm. The CUEA alumni has won several awards and was once placed on the 2013 Forbes List of Best Young African Entrepreneurs.
5. Mark Kaigwa
Talk of a multi-talented creative director, filmmaker, digital marketer and entrepreneur.
Kaigwa is a co-founder and partner at Afrinnovator, a venture which aims to put Africa on the map by publishing exploits across African innovation, technology and start-ups. He is also Partner at African Digital Art – the web’s leading resource for creative inspiration in animation, illustration, photography and design from Africa.
6. Lorna Rutto
Rutto, 29, is the founder of EcoPost, a profitable social enterprise which manufactures aesthetic, durable and environmentally friendly fencing posts using plastic waste, a more environmentally friendly alternative to timber.
EcoPost collects this plastic waste (such as polypropylene and polyethylene) and manufactures fencing posts from it.
7. Nancy Amunga
Nancy Amunga, 26, is the founder and director of Dana Communications Limited, a communications and transport company, which majors mainly on courier services.
8. Jamie Pujara
The 29 year old is the founder of BuyRentKenya, one of Kenya’s most popular property listing sites. In 2015, South African online media firm One Africa Media acquired a stake in the company. The site, which Pujara founded in 2012, reports 150,000 visitors every month and has more than 15,000 listings of residential and commercial properties.
Here are some of the richest Kenyans entrepreneurs under 40
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