Startups

Charting the Rise of Private Capital in East Africa: EAVCA’s 10-Year Impact Report.

by Jonathan LEast AfricaIndustry & AnalysisNews & AnalysisStartupsJuly 9, 2024July 9, 2024

The EAVCA (East Africa Venture Capital Association) is the primary industry association for East Africa’s private equity and venture capital ecosystem. It was founded in 2013 to represent the private…

How Rwanda’s Pioneering Approach is Charting a Path for Responsible Artificial Intelligence (AI) Innovation in Africa.

by Jonathan LGovernment AgenciesICTNews & AnalysisPolitics & GovernmentStartupsJuly 6, 2024July 6, 2024

Artificial Intelligence (AI) has emerged as a transformative force, reshaping the very fabric of our society. Born from the pioneering work of computer scientists and visionaries, AI has evolved from…

Two Ugandan Companies, AgroSupply and Med-Optics Vision Centre Rank Among Africa’s Fastest Growing Companies in the Financial Times Report.

by Jonathan LLists & RankingsStartupsThe Big StoryJuly 5, 2024July 5, 2024

Two Ugandan companies, AgroSupply Ltd and Med-Optics Vision Centre Ltd have been named for the 2024 Financial Times List of the Fastest Growing Companies in Africa. This marks the first…

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

by Jonathan LICTIndustry & AnalysisStartupsThe Big StoryJuly 5, 2024July 5, 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…

Construction of Kigali Innovation City Project to Kick Off in September.

by Jonathan LAfricaEast AfricaICTIndustry & AnalysisNews & AnalysisStartupsThe Big StoryJune 4, 2024June 4, 2024

Rwanda is set to commence the construction of its ambitious Kigali Innovation City (KIC) in September 2024 after key details regarding the project’s financing were agreed upon on the sidelines…

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

by Jonathan LFintechsICTStartupsThe Big StorySeptember 30, 2023September 30, 2023

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….

Investing in Grit and Perseverance: John Viannie Wasswa and the Cyanase Startup Story. 

by Jonathan LFintechsICTProfilesStartupsThe Big StorySeptember 29, 2023September 29, 2023

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…

Uganda Received USD 1.3bn in Remittances from its Diaspora in 2022 According to the World Bank.

by Jonathan LAfricaEast AfricaFinanceFintechsGlobal NewsIndustry & AnalysisNews & AnalysisStartupsSeptember 28, 2023September 28, 2023

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…

Chipper Cash CEO, Ham Serunjogi, Appointed to the Advisory Council for African Diaspora Engagement by US President Joe Biden. 

by Jonathan LFintechsICTStartupsThe Big StorySeptember 27, 2023September 27, 2023

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…

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

by Jonathan LFintechsICTStartupsThe Big StorySeptember 20, 2023September 20, 2023

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…