According to the International Financial Centre (IFC), Africa has a credit gap of $330 billion. Some estimates put this figure as high as $800 billion. Due to low banking penetration,…
I visited the Victoria University website to make a few inquiries at around 4 AM in the early morning. When the page finished loading, I saw an AI assistant called…
Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for…
The startup ecosystem in Uganda has experienced remarkable growth over the past five years, with an increasing number of entrepreneurs launching innovative ventures across various sectors. As these startups seek…
“Do you know Christine Namara?” Godfrey Mutabazi, the founder of Karaa, an e-mobility startup in Uganda, asked me around 2022. “No, I don’t. Why do you ask?” I replied. “She…
Ugandan startups have increasingly become attractive to VC firms across Africa. Outside the big four of Kenya, South Africa, Nigeria and Egypt, Uganda regularly hovers next to them competing with…
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…
In today’s fast paced world, financial stability and achieving one’s goals go hand in hand. Every now and again, we need an extra boost, and personal loans can be a powerful financial tool when used wisely. In this article, Madina Nalubiri, Ag. Senior Manager – Pinnacle Banking at dfcu Bank identifies and breaks down five ways in which you can…
Uganda is set to host the 8th edition of the East Africa Venture Capital Association (EAVCA) Annual Private Capital Conference on the 13th of June 2024 at Speke Resort Convention…
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….
