Do whatever you like to do the most. I chose journalism because I wanted to be in the places where history was being made. Journalism is in fact, history on the run. History is being made in the African Startup Ecosystem and I am here to document it. Jonathan is also the Investment Principal at Benue Capital, an early-stage VC fund. Reach out at jonlubwama@gmail.com or +256-771162922
Building a startup is an endeavour that is as challenging as it is rewarding. It is a journey that is fraught with uncertainty, risk, and the potential for failure. The…
In venture capital, a ‘funding winter’ denotes a prolonged period marked by reduced capital inflow, posing formidable challenges for startups seeking investment. During this financial downturn, startups often contend with…
The East African Venture Capital Association (EVCA), a body that represents private capital providers including development finance institutions (DFIs), private equity and venture capital funds, family offices and impact investors…
Emata, a pioneering fintech and microfinance firm based in Uganda, has successfully secured $2.4 million in a seed funding round. The funds, which include $800,000 in equity and $1.6 million…
Kenyan fintech powerhouse, Lipa Later Group, has successfully raised $5 million in a private debt issuance, marking a significant milestone in its financial journey. However, the company’s ambitious expansion plans…
Startups need funding to grow at a speed that they want. This funding usually comes in the form of venture capital which is raised from VC firms, angel investors and…
In a significant development for the African fintech sector, Lipa Later, a leading fintech platform, launched a global crowdfunding campaign after securing regulatory greenlight in the USA. The company aims…
When Abraham Banaddawa was studying medicine in the USA, he realised he wasn’t going to change much in the world. This realisation made him change courses to Business Administration where…
Uganda has been a hotbed for cryptocurrency scams, largely due to the legal ambiguity surrounding the use of digital currencies. The country has had its fair share of crypto scams,…
Safaricom Ethiopia has announced the appointment of Wim Vanhelleputte as its new Chief Executive Officer, effective from September 1st, 2023. Vanhelleputte, the former CEO of MTN Uganda, will succeed Anwar…