Jonathan N. Lubwama

Jonathan is the Senior Tech, Startups and Venture Capital Reporter at CEO East Africa.

25 Movers and Shakers in East Africa’s Private Equity and Venture Capital Markets

Uganda recently held the 8th annual East Africa Private Equity and Venture Capital Association (EAVCA) Private Capital Conference at the swanky lakeside Speke Resort Convention Centre in Munyonyo under the theme “Adaptation

June 27, 2024

by Jonathan N. Lubwama

Rwanda Has Extended its Import Tax Exemptions on Electric Vehicles to 2025.

The Rwandan government has renewed its commitment to promoting electric mobility by extending the zero-rated import duty on electric and hybrid vehicles until the end of the fiscal year 2024/25. This decision, announced by the Ministry of Finance and Economic

August 7, 2024

by Jonathan N. Lubwama

How Dr. Denis Ngabirano Built Sumz into a Multi-Billion Snacks Giant.

On a trip to any supermarket in Kampala, one will be met with aisles of snacks

Meet the Oppenheimers, Africa’s Third Richest Family, Who Own a 75% Stake in Uganda’s Hariss International, Makers of Riham Brands.

In October 2022, CEO East Africa broke the story of how one of Africa’s wealthiest families,

Ethan Bampaire, the co-founder and CEO of Neexa AI.

Why Ugandan Businesses Are Using Ethan Bampaire’s Neexa AI to Improve Customer Service and Sales.

I visited the Victoria University website to make a few inquiries at around 4 AM in the early morning. When the page finished loading, I saw an AI assistant called Conan. Conan

September 9, 2024

Business & Markets·Company News·Entrepreneurship·The Big Story

(Seated L-R ) - Jon Jacobson and Gavin Tipper (Standing L-R) Anton Grutzmacher, Fred Pelser and Gerrit Muller (3)

South Africa Founded Fintech Omnisient Secures $7.5 Million Investment From Arise to Grow Financial Inclusion Across Africa and Beyond.

South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. Founded in December 2019,

August 27, 2024

Banking & Financial Services·Business & Markets·Company News·Global News·Media & Communication·Technology & Innovation·The Big Story

Who is Gautam Adani, the Indian Multi-Billionaire Behind the Controversial Kenya Airports Deal?

In a move that sparked widespread controversy, the Kenyan government recently announced a $2.047 billion deal with Adani Airport Holdings Ltd., an Indian conglomerate founded by Gautam Adani, to expand and operate

August 27, 2024

C-Suite Leadership·East Africa·Entrepreneurship·Executive Profiles·Global News·Hospitality & Tourism·The Big Story

What Do Meta AI, ChatGPT and Perplexity AI Think About Uganda’s Economy?

As the world continues to evolve, the advent of artificial intelligence (AI) has sparked a transformation across various sectors, including healthcare, agriculture, and education. As Ugandans embrace and understand AI more with

August 14, 2024

Business & Markets·Entrepreneurship·Lists & Rankings·News & Analysis·The Big Story

Jumia packages at a pick-up point in Kenya.

Jumia’s Revenue Falls 25% in Q2 2024, Set to Raise $100m to Improve Cash Position.

Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for Q2 2024

August 7, 2024

Business & Markets·Company News·Entrepreneurship·Global News·Technology & Innovation·The Big Story

A Starlink Dish in a house in Nairobi, Kenya. Starlink has been available in Kenya since last year.

Starlink Internet is Coming to Uganda in Q4 2024. Here is Everything You Need to Know.

As Uganda’s population increasingly embraces the digital age, the country’s internet landscape is undergoing a significant transformation. The once-dominant players, Airtel and MTN, now face stiff competition from a growing number of

August 7, 2024

Business & Markets·Entrepreneurship·Media & Communication·News & Analysis·Technology & Innovation

CEO East Africa Analysis: Uganda’s Most Funded Startups from 2019 to 2024.

The startup ecosystem in Uganda has experienced remarkable growth over the past five years, with an increasing number of entrepreneurs launching innovative ventures across various sectors. As these startups seek to scale

August 1, 2024

Lists & Rankings·The Big Story

TotalEnergies has acquired a 28.3% stake in Bujagali Hydropower Station.

TotalEnergies Acquires a 28.3% Stake in Bujagali Hydro Power Plant.

TotalEnergies has finalized an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power, which focuses on renewable hydropower projects in Africa. This acquisition involves a

July 31, 2024

Business & Markets·News & Analysis·The Big Story

A rendering of the Bugesera International Airport, 40kms from Kigali. At a cost of $2bn, Rwanda envisions the new airport as a hub for aviation in Africa.

Rwanda’s New Ambitious $2Bn International Airport’s Ground-level Works 85% Complete.

The Bugesera International Airport, located about 40 kilometres south of Kigali, is making significant strides in its construction, with ground-level facilities and infrastructure now reported to be 85% complete. Managed by Aviation

July 22, 2024

Business & Markets·East Africa·Global News·Hospitality & Tourism·News & Analysis

The African Union logo is seen outside the AU headquarters building in Addis Ababa, Ethiopia, November 8, 2021. REUTERS/Tiksa Negeri

A Credit Rating Agency for Africa to Rival Moody’s and Fitch, Set to be Launched in 2025.

A new credit ratings company tailored to Africa’s sovereign borrowers is set to launch next year, according to Albert Muchanga, the African Union’s commissioner for development, trade, tourism, industry, and minerals. This

July 22, 2024

Business & Markets·East Africa·Global News·News & Analysis

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