Why do majority of local ICT startups fail?

Antoine Sebera, the Government Chief Innovation Officer (Left)  Alex Ntale the Chief Executive of the ICT Chamber of PSF and Atsishi Yamanaka, a Japan International Corporation Agency official during a press briefing at Telecom House. Courtesy.
Antoine Sebera, the Government Chief Innovation Officer (Left) Alex Ntale the Chief Executive of the ICT Chamber of PSF and Atsishi Yamanaka, a Japan International Corporation Agency official during a press briefing at Telecom House. Courtesy.
Collins Mwai