Technology & Innovation

How Stone Atwine Grew Eversend to 500,000 Users with Just USD1.2M in Funding

Jonathan N. LubwamaEntrepreneurshipExecutive ProfilesNews & AnalysisTechnology & InnovationThe Big StoryJuly 31, 2023August 1, 2023

A startup, in its broadest sense, is a young, ambitious company that is in the initial stages of its business operations. These companies are typically driven by a unique business…

CEO East Africa Explains: How to Make Your Pitch Deck Investor-Worthy: Essential Slides to Include.

Jonathan N. LubwamaEntrepreneurshipNews & AnalysisTechnology & InnovationJuly 31, 2023August 7, 2023

A pitch deck, in its most basic definition, is a brief presentation that provides investors with an overview of your business. It is often created using PowerPoint, Keynote, or Prezi…

Ten Key Things Ugandan Startups Must Consider Before Raising Funding.

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipTechnology & InnovationThe Big StoryJuly 31, 2023August 7, 2023

The entrepreneurial landscape in Uganda has witnessed a remarkable upsurge, with a proliferation of startups offering innovative solutions to local and global challenges. This burgeoning ecosystem has been fueled by…

CEO East Africa Explains: Venture Capitalists Invest in Startups, But How Do They Make Money?

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipTechnology & InnovationJuly 24, 2023July 24, 2023

On a regular basis, tech publications are awash with stories of startups raising funding from investors, who more often than not, are venture capitalists. This type of funding is called…

Uganda Joins Nigeria and Kenya in Implementing a Digital Tax on Netflix, Twitter, Facebook.

Jonathan N. LubwamaEntrepreneurshipTechnology & InnovationJuly 18, 2023July 18, 2023

In a significant move, Uganda has joined the ranks of African nations imposing a digital tax on foreign tech companies providing digital services within their borders. The Ugandan government recently…

Davis Musinguzi: The King of Telemedicine.

Jonathan N. LubwamaEntrepreneurshipTechnology & InnovationThe Big StoryJuly 17, 2023July 17, 2023

In 2022, Ugandan startups raised $70 million according to Africa: The Big Deal data. One of the standout deals that year was raised by Rocket Health, a telemedicine startup that…

CEO East Africa Explains: What Are Startup Funding Rounds?

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipTechnology & InnovationThe Big StoryJuly 14, 2023July 14, 2023

2022 was a good year for startups in Uganda. Startups here raised $70m across that year according to Africa: The Big Deal data. Some of the standout deals that year…

How A Ugandan Startup Yunga, Emerged Winner at the Africa Prize for Engineering Innovation.

Jonathan N. LubwamaEntrepreneurshipTechnology & InnovationThe Big StoryJuly 13, 2023July 13, 2023

On 6th July 2023, Ugandan security-tech startup, Yunga, was announced the winner of the prestigious Africa Prize for Engineering Innovation organised by the UK’s Royal Academy of Engineering walking away…

African unicorn, Flutterwave Launches New Product Called Tuition to Ease Tuition Payments. 

Jonathan N. LubwamaEntrepreneurshipNews & AnalysisTechnology & InnovationJuly 13, 2023July 13, 2023

Flutterwave, the Pan-African payments startup, has launched a new product called Tuition by Flutterwave which will enable Africans to pay tuition for universities in the West in their local currencies….

Uganda’s Capital Markets Authority (Amendment) 2023 Bill: A Breakthrough in Virtual Assets Regulation.

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipNews & AnalysisTechnology & InnovationThe Big StoryJuly 13, 2023July 13, 2023

On 16th November 2022, the Jinja South East Division MP, Nathan Nabeta Igeme tabled a motion to seek leave of Parliament to table the Capital Markets Bill. Parliament unanimously granted…