Uganda's fintech startup Ensibuuko has raised $1m from global impact investor FCA Investments to provide digital financial services to over 200,000 rural customers in Uganda. With the new raise, Ensibuuko expects to build out its operations in Uganda and as well expand its proprietary microfinance platform to reach more credit ...
Yoweri Museveni is not backing down without a fight and as Ugandans prepare for the presidential elections the atmosphere in Uganda is quite sour. It's been decades since anyone challenged Yoweri but Bobi Wine
In this day and age it is even easier to reach the mass on social media, some Ugandan government officials have been accused of manipulating the public debate ahead of the Uganda elections which is to be held on Thursday.
XENO, a Ugandan goal-based investment management firm has raised $430,000 to help clients plan, save, and invest for their financial goals. XENO announced it recently raised $150,000 from Nordic Impact Funds in a pre-seed round and did not disclose the earlier investors in the round bringing the total fundraising to $430,000. Launched ...
Huawei technicians aided the Ugandan and Zambian governments spy on their political opponents, leading to their arrest, according to The Wall Street Journal. Technicians working for Huawei aided members of the government in Uganda and Zambia spy on political opponents according to a report by the Wall Street Journal. The report cites ...
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 ...
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 ...
New Ugandan startup accelerator ‘inCcelerate’ by enStartup has released the finalists for its first ever inCcelerate Cohort, a full-time 3 month fellowship opportunity that will enable finalists to become enMembers, where they will work with other smart and talented enMembers and get to refine their skills. The seven inCcelerate startups ...
After announcing it in September, IROKOtv is finally launching its kiosks across Nairobi Kenya and will over the next few weeks increasingly go live across the city in its pan-African expansion drive. In a blog post, Jason Njoku, founder and CEO IROKO said, "The big strategy for IROKOtv has been the ...
King Baudouin Foundation has named three young, African tech-entrepreneurs winners of its 2016-17 African Development Prize. The winners, founders of BarefootLaw (Uganda), Farmerline (Ghana) and Kytabu (Kenya) were awarded on June 20th 2017 at a biennial award ceremony, in the presence of King Philippe and Queen Mathilde of Belgium at ...
Uber has partnered Snapchat to launch a new feature that will allow users to share photos with their friends while on transit in a new move viewed to leverage social proof to market the platform in Africa. These special filters through integration with Snapchat means Uber riders in South Africa, ...
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 ...
Technology software learning startup, Andela has launched in Kampala, Uganda, its third African market after Kenya and Nigeria to help technology companies build high-performing engineering teams with Africa’s most talented software developers. Andela says it has already signed up 800 developers in the city after a May call for applications ...
Tangerine:Tutor, an open-source data light learning platform pre-installed on tablets for schools, an iniative of RTI International's Tusome (Swahili for Let’s Read) program has received $2m in grants from Google.org to improve learning amongst lower primary pupils in all public schools in Kenya through the use of ICT. According to Michael ...
Service Hunt, is Uganda's new online platform that connects users to everyday service providers such cleaners, painters, wedding service providers, photographers, stationers, lawyers, accountants among others to help its users quickly and easily locate service providers and engage them. The marketplace allows small service providers to advertise their businesses online ...
Berlin-based Bitbond, a bitcoin payment processor that connects fixed-income investors with small business owners who need loans has partnered up with BitPesa, to allow borrowers who receive funding on Bitbond can now have their business term loan with vendors like https://qvcredit.sg/business-loan-singapore/ paid out directly to a mobile money or bank account in ...
Uganda's MamaOpe, a biomedical application for diagnosis and continuous monitoring of pneumonia patients has been declared winner of the 2017 [email protected] competitions beating Kenya’s Kuza Automotive and Nigeria’s Tuteria. Established by the Duke of York less than three years ago, [email protected] helps entrepreneurs to take their businesses to a global audience of influencers ...
Global bitcoin remittance firm Bitwala, has introduced bitcoin to M-Pesa transfers in Kenya, Nigeria, Tanzania and Uganda for free in a move the firm says will make money transfers to any part of the world should be simple and convenient. According to Jörg von Minckwitz, CEO of Bitwala, "We want ...
SureBuddy, has launched to bring sponsored insurance and insurance related products to users in Uganda by allowing consumers to watch advertisements in order to earn free insurance cover as a reward. Johan Basson, SureBüddy spokesperson said that SureBuddy's ad images are non-intrusive, use very little data, and disappear with a ...
Berlin-based AYUNI Systems, is set to launch new Solar Energy Rent to Own - Pay as You Go program to help provide reliable and affordable energy sources to millions of people in the Sub-Saharan African region. The firm will take on M-Kopa Solar, dLight among others. According to Barton Shasha, Managing ...
M-KOPA Solar, ‘pay-as-you-go’ energy provider to off grid homes in East Africa has been named in the 2017 Global Cleantech 100 for the third time for its efforts to solve clean technology challenges and make significant market impact within a 5-10 year timeframe. “M-KOPA Solar has harnessed mobile and machine-to-machine ...
Fenix International, which supplies ReadyPay Power in Uganda, pay-to-own solar systems launched in partnership with MTN, has reached 100,000 customers in Uganda, where over 80% of people lack access to electricity. The firm says roughly 600,000 people in Ugandan households are now benefiting from the 1.2 million watts of solar ...
Ensibuuko, a Software-as-a-Service (SaaS) provider, which runs a SACCO Software built with Advanced data processing and reporting functionalities with an easy-to-use Interface allowing members to deposit, withdraw, transfer money through mobile money their balance and mini-statement and receive notifications on SMS has raised $500,000 from a Canadian Angel investor Ed ...
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 ...
Mastercard has partnered with Orient Bank to expand the acceptance of Mastercard payment cards at ATMs and point-of-sale (POS) terminals across Uganda. The move will see the acceptance of payment cards in 23 ATM locations and 200 POS terminals in the country effective immediately following the country’s positive economic development ...
Malako, a Ugandan microlender for the country's low-income earners for bill payments with flexible repayments has received $100,000 in non-dilutive funding from Caribou Digital's Digital Financial Services (DFS) Lab, an emerging markets fintech incubator backed by a $5m grant from the Bill and Melinda Gates Foundation. Malako is one of ...
TRINE Team photo by© Emmy Jonsson TRINE, a crowdfunding investment platform which helps investors locate and fund profitable solar energy projects in developing countries is raising 3,500,000 EUROS ($3.7m) to scale its operations in East Africa, in a move expected to enable the spread of solar ...
After Black Friday trials in both Nigeria and Uganda, Kenyan-Chinese backed online store Kilimall has launched full-scale operations in Nigeria and Uganda, as it moves to achieve its objective to be Africa's Amazon faster than Jumia and Konga have ever thought. Using Jumia's marketplace playbook, but carefully scaling on budget, ...
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 ...
KISAFI, an on-demand laundry and home cleaning startup which offers home cleaning or free laundry pickup and drop off from its web platform www.kisafi.com or via its “Kisafi” Android app is set to launch in Kampala, Uganda and Lagos, Nigeria after a few months operating in Nairobi, Kenya. Founded by a diverse ...
