Uganda Archives

Ugandan Fintech Chipper Cash Celebrates Major Milestone, Issues its One Millionth Virtual Card.

Pan African fintech, Chipper Cash, has just hit a major milestone. They have issued over one million Chipper Cash virtual cards to people not only in Africa but also beyond. The startup

September 30, 2023

Banking & Financial Services·Business & Markets·News & Analysis·Technology & Innovation

Uganda Drops Nine Places to 107th in the 2023 Digital Quality of Life Index.

Uganda fell nine places to 107th (14th in Africa) in the 2023 Digital Quality of Life Index from 98th in 2022. The Digital Quality of Life (DQL) Index is a comprehensive study

September 30, 2023

Business & Markets·Global News·Lists & Rankings

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

Uganda bitcoin flag, national flag cryptocurrency concept black background

How Does Uganda’s Regulatory Stance Towards Crypto Compare With Other African Countries?

Uganda has been a hotbed for cryptocurrency scams, largely due to the legal ambiguity surrounding the use of digital currencies. The country has had its fair share of crypto scams, with numerous

August 31, 2023

East Africa·Entrepreneurship·News & Analysis·Technology & Innovation

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

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 $500 million

August 29, 2023

Entrepreneurship·Technology & Innovation·The Big Story

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

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 according to

August 11, 2023

Entrepreneurship·The Big Story

Ugandan Startup, Zofi Cash, raised $1m in May. Raising funding requires founders to have cleared a good number of metrics.

Ten Key Things Ugandan Startups Must Consider Before Raising Funding.

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 a combination

July 31, 2023

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

Hindsight Ventures Partners Ajay And Jagruti Bista

Inside Hindsight Ventures’ Big Plans for Uganda and Africa.

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 and Ajay

July 17, 2023

Business & Markets·Entrepreneurship·News & Analysis

HOW A JOB-TECH PLATFORM, FLIP AFRICA IS BUILDING THE FUTURE OF WORK.

In August 2020, Carina Juilfs founded Moho Home, a furniture startup bringing modern furniture to Ugandan sitting rooms and office spaces. Just like any business owner, she needed to hire some employees.

July 10, 2023

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

African Startup Funding Declines by 70% in June 2023.

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 them to

July 3, 2023

Entrepreneurship·News & Analysis·Technology & Innovation·The Big Story

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