guidelines to be established. The fund will be chaired by the a person to be determined by the Cabinet Secretary for ICT with membership of a representative of the Kenya Sovereign Fund, the Kenya Private Sector Alliance, the CEOs of the three largest private sector pension funds at any one time, and four other members with ICT expertise as the Cabinet Secretary for ICT may from time to time determine. Financial Technology The Government will: 1. Facilitate and support the development and adoption of new and innovative financial technology services so as to drive financial inclusion 2. Encourage financial technology service providers to share infrastructure and networks in transparent fair and nondiscriminatory ways 3. Through the Ministry of ICT, in collaboration with the Central Bank of Kenya, develop a financial technology interoperability policy that fosters competition 4. Promote innovation in financial technology services 5. Ensure that financial technology services infrastructure sharing is efficient, costeffective for the consumer, protects the public interest and guarantees high security and quality of service In the domain of mobile money, the Government will: 1. Provide an open and level playing field for mobile money service providers 2. Provide for the protection of intermediaries offering mobile money transfer services 3. Require interoperability between operators and service providers offering mobile financial services, taking into account differing commercial and technical models 4. Facilitate dialogue between operators and financial service providers, ensuring that mobile money transfer services bring value to the customer, make commercial sense and are available at the right time, and that regulatory risks are minimised. Ministry of ICT, Kenya 5. Put in place measures and mechanisms to address the risk of money laundering and terrorist financing in mobile money services 6. Encourage relevant government agencies to develop legislation and regulations that embrace local innovation and allow a new class of mobile financial service providers to sustainability provide digital payments and transfer services. 6.2.3 Things The nature and manner of design, creation, production, acquisition, distribution, use and disposal of material goods is changing dramatically. The advent of the asset-light sharing economy will evolve our role as consumers of physical artefacts and products of technology. In the technology design and creation space the emergence of open source hardware designs has changed who has access to the designs of and can make complex technological products. It is now possible for Kenyans to manufacture from the ground up such things as computers, printers or even cars. Open-source hardware and software creates products driven by capitalism rather than monopolies it provides a powerful and lucrative opportunity for companies and individuals to learn from each other. It is our policy to encourage the local design, development, manufacture and global distribution of high-value technological artefacts. It is the governments aim to grow and develop: Broadband Penetration: Grow broadband penetration and universal access though promoting availability of smart devices. Device Manufacture: Support the development of a comprehensive Kenyan supply chain for the local manufacture, assembly and global distribution of smart devices and complex technological artefacts Capacity: Develop and nurture local capacity for computing and communication device and infrastructure manufacture, building on and contributing to open source hardware designs and local and licensed proprietary designs. Encourage the development of Kenyan professionals in related fields such as system architecture, design and engineering able to design and manufacture products and use the emerging technologies effectively. 21/37 November-2019