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    Startups

    Lipa Later Embarks on Ambitious $1.24M Raise in a Global Crowdfunding Campaign.

    Jonathan N. LubwamaFintechsICTNews & AnalysisStartupsSeptember 7, 2023September 7, 2023

    In a significant development for the African fintech sector, Lipa Later, a leading fintech platform, launched a global crowdfunding campaign after securing regulatory greenlight in the USA. The company aims…

    Two Ugandan Startups Selected for TechCrunch’s 2023 Startup Battlefield 200.

    Jonathan N. LubwamaStartupsAugust 29, 2023August 30, 2023

    In the world of tech startups, the TechCrunch Startup Battlefield 200 is a prestigious platform that offers a golden opportunity for early-stage companies to showcase their innovative solutions. This year,…

    Chipper Cash Valuation Slashed by Over 70% Amid Failed Acquisition Talks.

    Jonathan N. LubwamaICTStartupsThe Big StoryAugust 29, 2023August 29, 2023

    In a dramatic turn of events, Chipper Cash, a leading fintech startup in Africa, has seen its valuation plummet by over 70%, from a staggering $2.2 billion to a mere…

    Jumia Q2 2023 Report Highlights Reduced Losses amidst Challenging Economic Conditions.

    Jonathan N. LubwamaICTStartupsThe Big StoryAugust 16, 2023August 21, 2023

    In the e-commerce sector, the ability to improve operational efficiency and achieve profitability is the pulse that beats within every organization’s heart. But for most e-commerce startups, including Jumia, it…

    Seeing the World More Clearly with Geogette Ochieng Ndabukiye’s Wazi Eye-wear.

    Jonathan N. LubwamaThe Big StoryAugust 11, 2023August 11, 2023

    For many law students, an internship is an opportunity to get real-world experience. This makes the dream of becoming a lawyer more practical. However, for Geogette Ochieng Ndabukiye, it was…

    Tugende in a Precarious Situation with its Investor, Goldfinch, After Breaching Terms of its Loan Agreement. 

    Jonathan N. LubwamaStartupsThe Big StoryAugust 11, 2023August 11, 2023

    Tugende, Uganda’s pioneering boda boda financing startup, has found itself in a precarious situation with its investor, Goldfinch. The startup, which holds the distinction of being Uganda’s most funded startup…

    CEO East Africa Explains: How to Make Your Pitch Deck Investor-Worthy: Essential Slides to Include.

    Jonathan N. LubwamaICTNews & AnalysisStartupsJuly 31, 2023August 7, 2023

    A pitch deck, in its most basic definition, is a brief presentation that provides investors with an overview of your business. It is often created using PowerPoint, Keynote, or Prezi…

    Ten Key Things Ugandan Startups Must Consider Before Raising Funding.

    Jonathan N. LubwamaICTIndustry & AnalysisStartupsThe Big StoryJuly 31, 2023August 7, 2023

    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…

    How A Mindset Shift Propelled Matthew Mukalere to BlackRock, the World’s Largest Asset Manager.

    Jonathan N. LubwamaFinanceStartupsThe Big StoryJuly 31, 2023July 31, 2023

    At just 26 years, Matthew Mukalere, a Ugandan by descent, is working at BlackRock, one of the world’s largest asset managers with USD 8.6 trillion in assets under management. But…

    CEO East Africa Explains: Venture Capitalists Invest in Startups, But How Do They Make Money?

    Jonathan N. LubwamaICTIndustry & AnalysisStartupsJuly 24, 2023July 24, 2023

    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…

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