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…
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…
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…
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…
India is arguably the world’s third biggest startup ecosystem behind the USA and China. But much of India’s boom has happened within the last two decades. Between 2013-2020 Jagruti Bista…
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…
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…
Startups raise funding for various reasons that are essential for their growth and success. Firstly, funding provides the necessary capital to support and accelerate the growth of startups. It enables…
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…
