Why Investors Are Betting on East Africa's Invisible Technology
Most Kenyan banks and SACCOs run on software built by a company almost no one outside finance has heard of. Craft Silicon has quietly powered core banking systems for more than 250 financial institutions across 30-plus countries since 2000, processing billions of dollars a year, without ever becoming a household name. That's the pattern worth paying attention to: the companies doing the heaviest lifting in East Africa's digital economy are often the ones nobody's talking about. Call it invisible technology: the software, infrastructure, and platforms that power other businesses rather than sell directly to consumers. Nobody posts about switching core banking providers. Nobody screenshots a cloud migration. But increasingly, this is where the money is going. The next generation of East African tech winners may not be consumer brands at all. They may be the companies building the infrastructure every other business quietly depends on. How East African Tech Moved From Consu...
