Startups Archives

Ugandan fintech, Asaak raised $30m in January 2022, which is the single biggest funding round that any Ugandan startup has ever raised.

The Ten Biggest Funding Rounds Raised by Ugandan Startups from 2019 to 2024.

Ugandan startups have increasingly become attractive to VC firms across Africa. Outside the big four of Kenya, South Africa, Nigeria and Egypt, Uganda regularly hovers next to them competing with other startup

July 11, 2024

Business & Markets·Entrepreneurship·The Big Story

GOGO Electric, an e-mobility startup, raised $1.6m

Ugandan Startups Raise USD 19M in the First Half of 2024.

Ugandan startups raised $19m in the first half of 2024, as per Africa: The Big Deal data. Overall, African countries raised $780m which is a 57% decline from what African startups managed

July 5, 2024

Business & Markets·Entrepreneurship·Technology & Innovation·The Big Story

Madina Nalubiri Ag. Senior Manager - Pinnacle Banking at dfcu Bank

Five Ways a Personal Loan can help you achieve your financial goals

In today’s fast paced world, financial stability and achieving one’s goals go hand in hand. Every now and again, we need an extra boost, and personal loans can be a powerful financial

June 20, 2024

Banking & Financial Services·Company News·The Big Story·Thought Leadership

The EAVCA Private Capital Conference has lined up a series of top layers in the private equity space.

East Africa’s Top Private Equity Players to Meet in Kampala’s Lakeside Speke Resort Convention Centre for Region’s Largest Private Capital Gathering

Uganda is set to host the 8th edition of the East Africa Venture Capital Association (EAVCA) Annual Private Capital Conference on the 13th of June 2024 at Speke Resort Convention Centre in

June 8, 2024

Banking & Financial Services·East Africa·Global News·News & Analysis·The Big Story

The Imperative of Building a Culture of Capital Efficiency in Startups.

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. However, the

September 30, 2023

Entrepreneurship·Technology & Innovation·The Big Story

AVODA and Strathmore University Business School at the launch of the BGAP

ESO AVODA Launches the Business Growth Accelerator Program to Help Ugandan Businesses Expand to Kenya.

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 businesses to

September 27, 2023

Business & Markets·East Africa·Technology & Innovation

CEO East Africa Explains: The Startup Playbook. How Startups Are Built.

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 default outcome

September 20, 2023

Entrepreneurship·Technology & Innovation·The Big Story

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

Entrepreneurship·Technology & Innovation·The Big Story

BNPL Startup, Lipa Later Raises USD 5m, Targets a Further USD 20m.

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 require an

September 13, 2023

Banking & Financial Services·East Africa·Entrepreneurship·Technology & Innovation·The Big Story

Only 71% of Investors Get Regular Investor Updates from Portfolio Startups in Africa

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 other programs

September 12, 2023

Entrepreneurship·Technology & Innovation·The Big Story

Startups- Page 2

The Ten Biggest Funding Rounds Raised by Ugandan Startups from 2019 to 2024.

Ugandan Startups Raise USD 19M in the First Half of 2024.

Five Ways a Personal Loan can help you achieve your financial goals

East Africa’s Top Private Equity Players to Meet in Kampala’s Lakeside Speke Resort Convention Centre for Region’s Largest Private Capital Gathering

The Imperative of Building a Culture of Capital Efficiency in Startups.

ESO AVODA Launches the Business Growth Accelerator Program to Help Ugandan Businesses Expand to Kenya.

CEO East Africa Explains: The Startup Playbook. How Startups Are Built.

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

BNPL Startup, Lipa Later Raises USD 5m, Targets a Further USD 20m.

Only 71% of Investors Get Regular Investor Updates from Portfolio Startups in Africa

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