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It was all shouts and jubilations in Rhode Island USA as Pebuu Africa, one of Uganda’s leading fintech firms scooped a prestigious Go Global Award for impact investment at the influential International Trade Council Annual Go Global Awards held in Rhode Island, USA on 8th November 2023. Pebuu won in the category of Finance in Financial Technology for their Pebuu School Card solution which provides cashless payment for school-age-going children without access to mobile phones and who are traditionally left out of the cashless ecosystem. Powered with a secure chip & pin option, students can receive payments from their parents…
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Nelson Kituuka, the MD of Card Pesa approaches business with a straightforward philosophy: “If you can finance your business 100%, you are not maximizing the capacity of your business. You are not exerting yourself. You should be able to sell more than you can produce. And to be able to sell more than you produce you must have somebody who will lend you that money.” A study by Makerere University’s College of Business and Management Sciences carried out on Small and Medium Enterprises in Kampala points out that while SMEs are able to access credit financing, it is often from…
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