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Funding

Embattled URBRA board chairman, Hon. Julius Bigirwa Junjura( Left), Board member, Hon. David Mutebi (middle) and State minister for General duties, Hon. Henry Musasizi( right) during the inauguration of the new URBRA board in November, 2022. In April,2025, the Court of Appeal dismissed an application by four URBRA board members to halt a High Court order, seeking to have them replaced because of lack of requisite competencies to hold their positions.

Auditor General Questions URBRA Board’s Capacity to Run Retirement Benefits Sector

Behind the gleaming figures of a clean financial audit and commendable regulatory performance, the Uganda Retirement Benefits Regulatory Authority (URBRA) is grappling with internal cracks. URBRA regulates a sensitive sector of the
June 16, 2025
(Seated L-R ) - Jon Jacobson and Gavin Tipper (Standing L-R) Anton Grutzmacher, Fred Pelser and Gerrit Muller (3)

South Africa Founded Fintech Omnisient Secures $7.5 Million Investment From Arise to Grow Financial Inclusion Across Africa and Beyond.

South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. Founded in December 2019,
August 27, 2024
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Geofrey Mutabazi, the founder and CEO of Karaa. Karaa is a Ugandan startup that manufactures electric bicycles.

How Ugandan Startups Can Reduce Burn Rate and Increase Runway Amid a Global Funding Winter. 

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 workforce cuts,
September 19, 2023
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