The government will increase its funding for University of Nairobi by S00 million to support innovation, President Uhuru Kenyatta has announced.
President Kenyatta, as he launched the institution’s innovation week, said “the additional money from the Government will be used to fund new inventions and the annual exhibition the university holds to showcase its innovations.”
President Kenyatta, also urged other universities to showcase their innovations in agriculture and health explaining such innovations will have a positive impact on the economy.
He cited mobile money transfer services as some of the trendsetters.
Mr Kenyatta, in a bid to boost innovators, challenged government agencies as well the private sector to buy products and services offered by local innovators.
As he visited exhibition stands, the president was captivated by biofuel made from hyacinth.
Fishermen in Lake Victoria have been hit hard with hyacinth that has engulfed a considerable section of the lake.
“Too many of our people still don’t have healthcare they can afford: will one of you find a way to lower healthcare costs?” asked the President.
Mr Kenyatta reiterated his administration’s commitment in supporting innovation adding that the government had fast tracked building of the National Optical Fibre Backbone (NOFB) through the National Broadband Strategy.
The National Council of Science, Technology, and Innovation (Nacosti), he said, had been created under the ministry of Education.
The Council serves as the custodian of the National Research Fund and our National Innovation Agency, bringing together our sharpest research minds to collaborate for the good of the country.
Source: The Nation.