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…
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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…
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Tugende, Uganda’s pioneering boda boda financing startup, has found itself in a precarious situation with its investor, Goldfinch. The startup, which holds the distinction of being Uganda’s most funded startup…
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The Tax Appeals Tribunal (TAT) has disallowed a UGX 504,098,312 tax bill by Uganda Revenue Authority (URA) on asset-financing firm Tugende Limited, saying the tax authority wrongly assessed the tax.The…
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From the look of things- it appears the pandemic set the business back a couple of years- how would you describe the path to recovery? It is fair to say that…
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Ugandan fintechs Chipper Cash, Tugende and Asaak have been named in the top 100 Most Funded African Startups in research compiled by Digest Africa, a Pan-African data and intelligence startup…
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Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors,…
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Uganda Breweries Limited (UBL) has partnered with Buganda Kingdom to hold a mass vaccination this weekend with the aim of driving vaccination uptake among the population. The event will be…
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In one of a kind move, Tugende, a Ugandan social enterprise that provides asset financing to informal sector entrepreneurs and MSMEs, has suspended, for two months, penalties on late repayments…
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