Kenya to turn cyber fraud den into innovation hub

According to the Daily Nation newspaper, President Ruto has now approved the construction of a multibillion shilling software development plant in the region.

Kenya to turn cyber fraud den into innovation hub

The conversion of a well-known center for cybercrime into an innovation hub has the support of Kenyan President William Ruto.

According to local media reports, fraudsters working in the Rift Valley's Mulot Trading Center are thought to be responsible for the unauthorized transfers and withdrawals of sizable sums from bank accounts.

They allegedly collaborate with dishonest bank and mobile phone service staff.

To combat internet fraud, there have been demands to utilize the talent of the unemployed.

According to the Daily Nation newspaper, President Ruto has now approved the construction of a multibillion shilling software development plant in the region.

He has requested that the local governor reserve 100 acres of land for the construction of the institution.

President Ruto is cited as saying, "I want you to get land as soon as possible and report back within two months on the progress accomplished so that we can move swiftly and set up the ICT center and make the location into a software development hub in the region."