Which Ugandan Startups Have Been Involved in Acquisitions?
In the African startup ecosystem, acquisitions are rare. This is true for nascent ecosystems, and Uganda is no exception. An acquisition happens when one company, typically larger and more established, purchases another, usually smaller and newer. This can be driven by various factors, such as the acquiring company seeking to obtain innovative technology or intellectual property from the smaller firm, expanding into new markets where the smaller company has a strong foothold, eliminating a competitor to gain a stronger market position, or acquiring a talented team from the smaller company. Despite how our acquisitions are, there are a few that…