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…
The story of Yunga is personal to Anatoli Kirigwajjo. Anatoli comes from Kyotera, a district close to the Uganda-Tanzania border. Like so many other Ugandans, he made the trip there…
In the second edition of The Investor’s Digest Series, we had the opportunity to speak with Hannes Van den Eeckhout, the Founder & Director and Faridah Nalunkuuma, the Talent Manager…
In startups, the “growth at all costs” mindset refers to a strategy where startups prioritize rapid growth and market domination above all else, often disregarding profitability, long-term sustainability, or ethical…
Ugandan startup, Yunga Technologies, has made it to the finals of the Africa Prize for Engineering Innovation organized by the Royal Academy of Engineering in the UK. Yunga is now…
CEO East Africa is thrilled to announce the launch of a groundbreaking series of articles titled “The Investors’ Digest,” which aims to shed light on the investors that are backing…
The emergence of artificial intelligence (AI) has ushered in a transformative era in technology, reshaping industries and revolutionizing the way we live and work. Over the past decade, AI has…
As per Africa: The Big Deal, African startups raised $621.8 million from just 34 deals which makes it an average of $18.3 million per deal in May 2023. This is…
Pan African startup, Chipper Cash, has laid off at least 10 employees in its latest round of playoffs including the Global Head of Marketing and the Country Director of Kenya….
In startups and general businesses, valuation refers to the process of determining the financial worth or value of a company. It is an estimation of what the market considers the…
