How do you rate Uganda’s performance with MTN’s continental portfolio, both in digital adoption but also returns, compared to other African markets? Yes, as MTN, we are operating in 16...
MTN Group chief executive Ralph Mupita has hailed Uganda as the company’s “model operation” and confirmed that it is now MTN’s second-biggest fintech market in Africa, second only to Ghana,...
Tatenda Nigel Chinodakufa is often described as “the man helping Africa’s fintechs grow without stepping on regulatory landmines.” As Regional Business Development Director at Sumsub, a technology firm specializing in...
By Musa Musazi, A few weeks ago, I met a hardware shop owner in one of our upcountry branches. He told me that while digital payments have made business easier,...
Jack Ngare, Technical Director in Google Cloud’s Office of the CTO in Nairobi, believes Africa’s innovations are not side projects for global companies but lessons that shape how the world...
East Africa’s banking sector is a vibrant and dynamic landscape, teeming with innovation and fierce competition. In this bustling financial arena, three Ugandan banks have emerged as formidable contenders, securing…
I have always wondered how founders, who start out while at university build startups from scratch. At that stage, the majority of founders have neither the experience nor the resources…
The just-ended back-to-school season is one of those tough days for most parents; for different reasons. The usual hustle and bustle of parents and learners all over the country mad…
In 2022, Uganda received USD 1.3bn in remittances from its diaspora community according to a World Bank and KNOMAD report. This would account for about 4.5% of Uganda’s GDP and…
Ham Serunjogi, the co-founder and CEO of Chipper Cash, a fintech company that facilitates cross-border payments, remittances and wealth management in Africa, has been chosen as one of the inaugural…
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…
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…
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…
The East African Venture Capital Association (EVCA), a body that represents private capital providers including development finance institutions (DFIs), private equity and venture capital funds, family offices and impact investors…
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…
