The Big Story

CEO East Africa Explains: What is a Startup?

Jonathan N. LubwamaEntrepreneurshipTechnology & InnovationThe Big StoryJune 12, 2023June 12, 2023

Over the past few months, one question that I have answered over and over again, is what is a startup? What exactly differentiates a startup from a Micro, Small and…

Ugandan Hardware Startup, Yunga, Makes it to the Finals of the Africa Prize for Engineering Innovation.

Jonathan N. LubwamaEntrepreneurshipExecutive ProfilesTechnology & InnovationThe Big StoryJune 10, 2023June 10, 2023

Ugandan startup, Yunga Technologies, has made it to the finals of the Africa Prize for Engineering Innovation organized by the Royal Academy of  Engineering in the UK. Yunga is now…

Domestic sales for value-added Tooke banana products hit UGX1 billion 

CEO ReporterThe Big StoryJune 9, 2023June 9, 2023

Sales revenue for Uganda’s value-added banana products marketed under the brand name Tooke have hit the UGX1 billion mark in sales locally, the Banana Industrial Research and Development Center (BIRDIC)…

Equity Bank joins Interswitch network; bank customers can now transact at over 650 ATMs countrywide

CEO ReporterBusiness & MarketsCompany NewsThe Big StoryJune 9, 2023June 9, 2023

Interswitch and Equity Bank have entered into a partnership that gives Equity customers faster and more affordable access to banking services at over 650 Interswitch-enabled ATMs countrywide.  The partnership will also…

The Investors’ Digest: Ugandan Startups Need to Think About Regional Play from Day One – Petra Wolkenstein from Startup Wise Guys.

Jonathan N. LubwamaBusiness & MarketsEntrepreneurshipExecutive ProfilesTechnology & InnovationThe Big StoryJune 9, 2023June 9, 2023

CEO East Africa is thrilled to announce the launch of a groundbreaking series of articles titled “The Investors’ Digest,” which aims to shed light on the investors that are backing…

EAGLE POISE: How Uganda’s Centenary became Uganda’s biggest and fastest growing indigenous bank by banking the bottom of the chain 

The CEO Magazine TeamBusiness & MarketsThe Big StoryJune 8, 2023June 12, 2023

A close analysis of the 2022 financials of the 25 banks in Uganda, reveals several things, but one thing that you can’t miss is how Centenary Bank stands out of…

Baker Magunda appointed Stanbic Uganda Holdings Board Chairman

Muhereza KyamuteteraBusiness & MarketsC-Suite LeadershipExecutive ProfilesThe Big StoryJune 8, 2023June 8, 2023

In accordance with Rule 36 of the Uganda Securities Exchange Listing Rules 2021, the Board of Directors (the “Board”) of Stanbic Uganda Holdings Limited (SUHL) has appointed Mr. Baker Magunda…

SIR IVAN MENEZES 1959 – 2023: ‘Captain Morgan’ of the Diageo Ship ‘Walks’ On

Muhereza KyamuteteraC-Suite LeadershipExecutive ProfilesThe Big StoryJune 8, 2023June 8, 2023

Sir Ivan Menezes the ‘Captain Morgan’ of the Diageo Plc ship has passed on, after a short illness.  “This is an incredibly sad day. Ivan was undoubtedly one of the…

Felix Okoboi, the new wunderkind in Uganda’s corporate corridors of power

Muhereza KyamuteteraExecutive ProfilesLists & RankingsThe Big StoryJune 7, 2023June 7, 2023

Last week, East African Breweries Limited (EABL), the region’s leading branded alcohol beverage business and a subsidiary of Diageo, the global alcohol giant announced that it had appointed Felix Okoboi…

East African Startups Raised the Most Funding in May 2023.

Jonathan N. LubwamaEntrepreneurshipTechnology & InnovationThe Big StoryJune 6, 2023June 6, 2023

As per Africa: The Big Deal, African startups raised $621.8 million from just 34 deals which makes it an average of $18.3 million per deal in May 2023. This is…