It was all shouts and jubilations in Rhode Island USA as Pebuu Africa, one of Uganda’s leading fintech firms scooped a prestigious Go Global Award for impact investment at the...
Startups are the lifeblood of the global economy, driving innovation, creating jobs, and shaping the future of industries. They are the engines of growth and the catalysts for societal transformation....
Pan African fintech, Chipper Cash, has just hit a major milestone. They have issued over one million Chipper Cash virtual cards to people not only in Africa but also beyond....
East Africa’s banking sector is a vibrant and dynamic landscape, teeming with innovation and fierce competition. In this bustling financial arena, three Ugandan banks have emerged as formidable contenders, securing...
I have always wondered how founders, who start out while at university build startups from scratch. At that stage, the majority of founders have neither the experience nor the resources...
The just-ended back-to-school season is one of those tough days for most parents; for different reasons. The usual hustle and bustle of parents and learners all over the country mad…
In 2022, Uganda received USD 1.3bn in remittances from its diaspora community according to a World Bank and KNOMAD report. This would account for about 4.5% of Uganda’s GDP and…
Ham Serunjogi, the co-founder and CEO of Chipper Cash, a fintech company that facilitates cross-border payments, remittances and wealth management in Africa, has been chosen as one of the inaugural…
Uganda is often called a small market. Despite having a population of over 40m, the purchasing power is relatively low. As a result, it is imperative for startups and other…
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…