Photo Credit Nailab.co.ke
When Nailab (Nairobi Incubation Lab) opened its doors seven years ago in Kenya, it wanted to be the Y Combinator for Kenya, Nailab CEO Sam Gichuru told me. In order to accomplish that goal, Gichuru realized Nailab would need a lot of money, which it did not have at the time. That’s why it initially began as a co-working space.
Article Source: Techcrunch.com