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Tag: Uganda

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Block Commodities & Wala to provide $10M in Dala token loans to smallholder farmers across Sub-Saharan Africa

Block Commodities, Wala, a blockchain-powered financial services platform, and Dala, a cryptocurrency token issuer aim to bring blockchain-enabled financial services to farmers in developing markets. The initiative will see Block Commodities and FinComEco Joint Venture provide an equivalent of US$10M in Dala token loans to approximately 50,000 smallholder farmers across Sub-Saharan Africa, starting in Uganda, in order for them to purchase fertiliser to help ...

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Zuckerberg-backed Bridge International Academies to drop the ‘International’ and ‘Academy’ tags due to low standards

Zuckerberg-backed Bridge International Academies might remain closed for the new term in Uganda because they are not licensed and do not meet standards of academies or international schools. Mr Alex Kakooza, the Permanent Secretary at the Ministry of Education told Uganda's Daily Monitor that the administration of Bridge academies had not ...

Online lender marketplace Borrocracy launches to match credible borrowers in Uganda to affordable loans

Founded by Victor Kiruluta, Uganda's Borrocracy is an online marketplace that matches credible borrowers in need of affordable loans with accredited financial service providers facilitating these loans at reasonable interest rates. Through the use of big data and machine learning processes, Borrocracy is building a proprietary algorithm that will enable ...

Gebeya launches first on-demand IT Workplace in Kenya

  Gebeya, the brainchild of Africa’s network of software developers - CODERS4AFRICA, has today committed to satiate the growing demand for qualified Information Technology (IT) professionals in Africa through the Gebeya Workplace platform. "Gebeya Workplace will enable entrepreneurs, startups and corporations to very quickly hire independent IT professionals who are ...

South Africa’s Cactus Capital invests in Nigeria’s Flutterwave & SA’s e-Factor

South Africa's  Cactus Capital, the investment arm of Cactus Advisors, has closed its second and third investments in Nigeria's Flutterwave and South Africa's E-Factor, months after it invested in Uganda's mobile payment aggregator, Intel World International in Q1 2016. According to Zach George, Cactus Advisors’ founder and former top-tier Wall Street investment banker, “As ...

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