Startups
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59Digital Human Rights Lab, StartHub Africa announce the next chapter
After three years of successful networking, advocacy work, and enhancement of human rights structures both for the Ugandan society as well as...
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66MFS Africa acquires $100 Million funding in Series C
MFS Africa has raised $100-million through an equity and debt financing round. The fundraising marks another milestone in the digital payment gateway’s...
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80Twiga raises $50m Series C round to expand across Africa
Kenyan B2B e-commerce platform Twiga has raised a US$50 million Series C funding round to help it scale its affordable food solutions...
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115
MFS Africa expands into Nigeria, acquires Baxi
MFS Africa has announced that it had signed an agreement to acquire Baxi, one of Nigeria’s leading super-agent networks. The deal, which...
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86Damali Ssali urges #WomenInFinTech participants to use the Internet to improve their Products
Participants at the ongoing Women in FinTech Hackathon have been challenged to make good use of the Internet as it has several...
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71Primera Muthoni mentors Women in FinTech participants on Product Management
Day four of the ongoing Women in FinTech Hackathon was a huge success as participants learnt about Product Management, Prototyping, and the...
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93Women In FinTech Hackathon teams get management tips
Day Three of the Women in FinTech Hackathon successfully ended with discussions focusing on why young innovators must draw proper business cases...
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76Women in FinTech hackathon teams urged on value addition
Day Two of the Women in FinTech #LevelOneProject Hackathon was successfully concluded with discussions centered on how participants can improve their projects...
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96Women in FinTech Hackathon Season 2 kicks off
The 2021 Women in FinTech Hackathon officially kicked off Friday 8th October with 17 shortlisted teams and over 70 participants altogether. Speaking...
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121Women in FinTech Hackathon: 17 Teams Shortlisted for 2021
Following a two-week-long online registration process and continuous evaluation of all entries, HiPipo has unveiled the 17 teams that will participate in...
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140Kampala Innovation Week 2021 dates announced
The 2021 edition of the Kampala Innovation Week has been unveiled! The event, organized by Start-up Uganda in partnership with UNCDF, is...
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106Andela turns unicorn after raising $200M in Series E
Andela has turned on the unicorn status after raising a tune of $200 million in Series E financing. Well, this feat means...
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94SafeBoda partners with KCCA, PSFU on a Vaccination Drive
In its commitment to secure the health and safety of its employees and the communities at large, SafeBoda has announced a vaccination...
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129FutureLink Technologies de-risking approach lowers costs
The high operating costs shouldered by financial services providers have always been blamed for the high-interest rates that businesses and people who...
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194EzyAgric is connecting farmers to markets, inputs and credit
Smallholder farmers have for long been exploited and cheated at various stages of agricultural production; be it buying inputs, where they have...
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152These CardPesa 5Cs enable businesses to access capital
While the majority of Uganda’s youth have resorted to running small businesses due to the high unemployment rate, their businesses suffer high...
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132Silicon Pay helping more women-led businesses get online
While the outbreak of the COVID-19 pandemic has forced businesses to market and sell their products and services online, in what is...
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136SoftPay Business is digitizing payments, payrolls and tickets
Providing a better customer experience is every business owner’s dream as it helps build customer loyalty, which in turn supports business growth....
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120Yo Uganda enabling digital payments in business operations
Cashless and contactless digital payments are increasingly playing a significant role in ensuring safety, speed, convenience, and seamlessness in business operations globally. It...
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172Numida is using data as collateral to enable access to credit
While access to credit is what micro and small business owners need to expand their enterprises and work their way out of...
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234Xuldime is promoting e-money in schools
With parents pacing against time juggling a number of things to make ends meet, anything that helps them conclude their children’s school...
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127Pegasus driving digital payments through transaction reliability
The delay in settling digital money transactions is among the reasons most people in Uganda prefer cash to electronic transactions. This explains why...
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114Insure Small Small: Using Tech to serve the underserved
More Ugandans are set to access health insurance following the introduction of Bomba MED, a micro health insurance product on the market. Innovated...
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122Club Tangaza is using coding to support inclusion
When you talk about software engineering, many females will tell you that it is a preserve for males. This is basically because, in...
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136KaCyber helping transport operators close revenue leakages
Transport operators lose a lot of revenue as untrustworthy conductors charge money that is not recorded anywhere in the operator’s books, thus...
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125YTIB Capital is bridging Blockchain usage gap through SMS
While not many people in Uganda and across the African continent are using Blockchain technology mainly due to its complexity, YTIB Capital...
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131Enimiro Online aids financial inclusion with farmer-buyer links
People bored of buying foodstuffs, fruits, and meat that have stayed long on market stalls may have a reason to smile now...
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138ChapChap Africa oiling financial inclusion through aggregation
Despite contributing immensely to Uganda’s Gross Domestic Product and employing the largest number of Ugandans, Micro, Small, and Medium Enterprises (MSMEs) face...
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585Raxio to help FinTechs co-locate their services
While there has been growth in the number of Financial Technology Companies (FinTechs) integrating with telecoms and banks to facilitate easy payments...
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443Pesajet promoting education through low-interest loans
Spending a day or a week at home for lack of school fees is something that no parent would wish their child...
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324Bolt raises €600 million to quicken grocery delivery
Bolt has raised 600 million euros from investors to aid quick grocery delivery. The round was led by Sequoia Capital alongside other...
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231Kanzu Money eases bulk payments for SMEs
Many businesses always find themselves entangled in non-core business functions and end up giving little time to core operations, which affects their...
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202Kuzimba services helps you access building materials online
From bricks and cement to painting, plumbing, and décor services, anyone undertaking a construction project can now access them under one roof,...
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164Alpteq is developing solutions for people’s financial needs
It is one thing to develop a financial solution and another thing for that solution to be accepted in the market. It is...
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142Merchandise Uganda is giving SMEs global online visibility
Many micro and small enterprises in Uganda still lack online presence due to, among others, the absence of digital skills to enable...
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156Buladde secures client land with access to financial services
Several people across the country have fallen victim to land evictions or have their pieces of land lying idle for lack of...
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133Green Shares is driving smallholder farmers’ financial inclusion
It is estimated that at least 80 percent of Ugandan farmers are smallholders. Despite their everyday challenges, they contribute the largest share...
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140PayTota seeks to bridge existing financial inclusion gaps
While some people saw the outbreak of the COVID-19 pandemic as a major setback, to Erasmus Okurut and his team at PayTota...
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142Wewole by Jumo gives a boost to financial inclusion efforts
Being cash strapped has never been a good experience for anyone, neither is the hassle of moving from one financial institution to...
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164List of the 25 founders in the Future Is Female 2021 Cohort
The founders that have made it for the second edition of the Future is Female Mentorship Program have been announced. The program...
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200SafeBoda to extend credit to merchants, prioritize women
In a bid to support women inclusion and support business growth, SafeBoda, which started off initially as a ride-hailing App, plans to...
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191Enabling Finance: Linking borrowers to lenders with tech
The era of moving around from one lender to another shopping for the best loan deal could have come to an end,...
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181EverLend Uganda’s non-collateral digital credit services model
While every business needs credit at one point to support enterprise growth, most Uganda Micro, Small, and Medium Enterprises (MSMEs) and farmers...
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157UG-Mart facilitates financial inclusion through simplified KYC
The long procedures and tough requirements by financial service providers are among the reasons some people, especially at the bottom of the...
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142Payclide eases pushing in and pulling out of money
Despite the increasing use of mobile money services across the country, most Ugandans, especially those in rural areas, still find it hard...
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155Timely settlement gives Jumia an edge in online business
While most Ugandan businesses are used to physical cash payments, there is a gradual shift to electronic commerce that has forced them...
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146Flutterwave is supporting African women-led business growth
Business enthusiasts believe that supporting a woman-led business is equivalent to supporting an entire family and a nation at large. Flutterwave, a payments...
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136Trade Lance is providing e-solutions to business challenges
While businesses are grappling with various challenges as they seek to thrive in today’s competitive environment, it is not easy to come...
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142Computing Palace closing digital-gender gap with ‘Her Duuka’
It is no secret that women are behind men when it comes to digital skills and is less likely to have their...
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115Ticteq is solving the ticket access challenge through digitalization
Missing out on your favourite concert, sports game, or comedy show because of the long distance to the ticketing point continues to...
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160Instant settlements put Beyonic a notch higher in the market
While some Financial Technology Companies (FinTechs) are still struggling with the Level One Project principle of Same Day Settlement, Beyonic – recently...
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175Pebuu transforms pocket money in schools with digital wallets
Pocket money in form of cash in school is set to become history, following a new innovation that seeks to have it...
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134Xente: facilitating digital payments for businesses
Xente Tech Limited, a Financial Technology (FinTech) company that offers corporate Visa cards and payment solutions to businesses, is increasingly gaining momentum...
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125Yassako: Enabling Yaka recharge on credit
The second season of the 40 Days 40 FinTechs initiative by HiPipo kicked off virtually on 12th July with Mallan Company Limited,...
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169M-KOPA expands to Nigeria
Connected asset financing platform, M-KOPA, has announced its expansion to Nigeria. To lead the Nigeria team, M-KOPA has named Babajide Duroshola as...
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185Chipper Cash third Anniversary: 3 notable achievements
Cross-border money transfer and payments app, Chipper Cash, is celebrating its 3rd anniversary this week with amazing offers in stock for you....
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160MaxAB raises $40M in Series A to expand across the MENA region
MaxAB, Egypt’s B2B wholesale food and grocery ordering platform raises $40M in a Series A round to expand its physical footprint across...
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202Apply for the Next Generation Africa 21-22 accelerator project
Next Generation Africa 21-22 is the accelerator project for African startups, innovators, makers, and young talents who intend to develop products or services...
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173CMM, AfricaCommsWeek partner on Future is Female 2nd Edition
C. Moore Media, International Public Relations (CMM), a New York-headquartered PR agency focusing on the US, UK, and African markets, has partnered...
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150HiPipo announces the 40 DAYS 40 FINTECHs Season Two
The inaugural HiPipo 40 Days 40 FinTechs set the bar very high: even though the event started soon after the lifting of...
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254Covid-19 Lockdown: Kweli.shop now delivers free to 7 cities
A day after the nationwide lockdown declared by President Yoweri Kaguta Museveni in a bid to curb the spread of Covid-19 in...
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258Shamim Nabuuma among Bloomberg New Economy Catalysts
Uganda’s Shamim Nabuuma just got inducted into the inaugural class of Bloomberg New Economy Catalysts. The selected group is a community of...
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491Chipper Cash raises $100 mn in Series C, enters unicorn club.
Africa-focused cross-border payments startup Chipper Cash has likely joined the unicorn club. This is after securing $100 million in its Series C...
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249Imuka’s Pitchfest: Entrepreneurs meet local Investors
Talk to any economic expert and my most educated guess is they will tell you how SMEs are the backbone of any...
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452Stripe-owned Paystack launches in South Africa
Paystack, the fintech start-up acquired last year by US fintech leader Stripe, is establishing a presence in South Africa as it looks...
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236Ensibuuko raises $1m to scale, expand in Africa
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...
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232SafeBoda Launches Anniversary Promo with 50% OFF rides!
Leading ride-hailing app, SafeBoda, has today launched an exciting offer with 50% OFF rides for all cash and cashless ride customers! The...
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194Reddit Talk: Another Clubhouse competitor?
You know a product is good when the competition is stiff. That’s the category that audio social media is currently. We are...
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243Numida Technologies raises $2.3Mn to expand operations
Ugandan fintech startup Numida has announced the close of its $2.3 million seed round. Pan-African payments company MFS Africa led the seed round. There...
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294GSMA announces 9 grantee startups helping people get online
In case you’d forgotten, the GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion was launched in April 2020. This was about...
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257Tugende closes Series A round with $3.6m fund
Ugandan asset financing company, Tugende, has raised $3.6m in additional equity financing to close its Series A round. This additional round was...
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226Glovo raises €450M in Series-F funding
Delivery app, Glovo, has announced that it has raised €450M in its Series F funding. The round was led by New York-based...
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245Chinese ride-hailing app DiDi Chuxing is now in South Africa
Chinese ride-hailing app DiDi Chuxing is now available on the African continent. This is after the start of operations in South Africa....
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241Bolt launches its food delivery service in Kenya
Bolt has officially launched its food delivery service, Bolt Food, in Nairobi, Kenya, to give users access to a huge variety of...
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228Jumia looking to sell shares to raise funds
Jumia is looking to raise funds from investors by selling 9 million American depositary shares (ADS) and 18 million ordinary shares. This...
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218Nigeria’s Kuda Bank raises $25 million in a Series A round
Nigeria’s digital fintech, Kuda Bank has completed a $25 million Series A round to continue the provision of modern banking service for...
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173Media Challenge Initiative Launches a Media Innovation Hub
Media Challenge Initiative (MCI), a youth-driven non-profit building the next generation of journalists in Africa through training, mentorship, and experiential peer-to-peer learning...
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256mPharma partners with Belayab to launch in Ethiopia
mPharma, a health tech startup based in Ghana that manages prescription drug inventory for pharmacies and their suppliers, has signed a franchise agreement...
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235EzyAgric spreads wings, launches app in India
“Until you spread your wings, you’ll have no idea just how far you can fly”. Ugandan-based agtech platform EzyAgric, in partnership with...
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264MoTIV unveils ‘Tools to Create’ to support Uganda’s creative industry
As the world celebrates the International Year of the Creative Economy, MoTIV Uganda Ltd has launched an asset financing facility for Uganda’s...
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270gnuGrid raises $250,000 Series A fund for expansion
Uganda’s gnuGrid Africa has raised US$250,000 to distribute “Solar Sentra“, its digital solution in Uganda and across Africa. gnuGrid Africa says the funds were raised...
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264Nala enters the UK market, signs API deal with Modulr
NALA recently signed an Electronic Money Directive (EMD) agent deal with Modulr, as it finalizes its UK launch. The partnership is primarily...
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260
Bolt raises €150M to improve its service quality and safety
Ride-hailing company, Bolt has raised €150 million in funding to improve the safety, security, and quality of its services. This is as...
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407Pollicy unveils the DataFest Kampala 2021 roadmap
The 3rd edition of DataFest Kampala has launched with a focus on exploring the role that data plays in how we navigate...
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527FinTech Stakeholders optimistic of future after 2020 spotlight
The COVID-19 pandemic and its unprecedented effects notwithstanding, Financial Technology stakeholders have had a lot of positives in 2020. These included world...
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528Kawooya Innocent voted onto Mojaloop Foundation Council
Kampala Mayor aspirant, Innocent Kawooya, is eating big even before he eats City Hall. He recently announced on his page that he...
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635
Jumia raises $243.2mn from its “at the market” offering
E-commere platform, Jumia Technologies AG – which we all know as Jumia – has announced the completion of its “at the market”...
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522Sokowatch adds electric TukTuks to its Uganda delivery fleet
Sokowatch has announced the launch and addition of electric tuktuks to its delivery fleet in Uganda. This is the first time electric...
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594Social crypto payments app, Bundle, launches in Ghana
In April, we told you about the launch of a social payments app for African users by Binance. The app, named Bundle,...
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502List of the nominees for the 2020 Digital Impact Awards Africa
HiPipo; the organizers of the annual Digital Impact Awards Africa have released the list of nominees for the 7th edition of the...
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464SafeBoda pausing Kenya operations effective 27th November
While we thought the effects of COVID-19 were not adverse in regards to the technology industry, the case might be different. As...
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417
Nigerian Fintech startup, Kuda, raises $10m seed round
Nigerian fintech startup, Kuda, has raised $10 million in a seed funding round, in its bid to expand further across the African...
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401President Museveni launches Gulu Logistics Hub
H.E. President Yoweri Museveni on 24th October participated in the ground-breaking of two flagship projects; construction of the Gulu Logistics Hub, and...
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582Submissions for the 2020 Digital Impact Awards Africa start
HiPipo; the organizers of the annual Digital Impact Awards Africa have started receiving entries for the 2020 Digital Impact Awards Africa (#DIAA2020). ...
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526
Stripe acquires Paystack for $200m to expand into Africa
US-based payments company Stripe is in the final stages of acquiring Nigerian-based startup Paystack for a deal worth $200 million. Like Stripe,...
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435KIW Awards: A life line for startups in the new normal
As the economy slowly makes its way to some semblance of normalcy, it cannot be denied that the year 2020 has been...
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527Sokowatch wins 2020 ‘Visa Everywhere Initiative’
Sokowatch, the innovative East African e-commerce platform, was named as the winner of the recently concluded Visa Everywhere Initiative – Pandemic Challenge...
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573List of the top 20 Anzisha Prize 2020 Finalists
As the Anzisha Prize celebrates 10 years of supporting young entrepreneurs, it has listed the top 20 finalists for the 2020 edition....
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546FinTechs urged to tap into Women entrepreneurs
Ugandan Financial Technology (FinTech) companies have been advised to involve more women in the conceptualization, designing and development of Fintech products and...
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603AS Roma, Chipper Cash partner to drive impact in Africa
AS Roma has announced that Chipper will be the club’s official Money Transfer Platform for Africa. The announcement signals the start of...
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462Autochek acquires Cheki Nigeria and Cheki Ghana
Autochek, the automotive technology company recently founded by former Cars45 CEO Etop Ikpe, has announced the acquisition of automotive marketplaces Cheki Nigeria...
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545Damali Ssali: Financial Management is as important as Product Development
Damali Ssali; a Ugandan Chartered Accountant, Financial Inclusion Advocate, Business and Trade Development Expert has today urged start-ups to prioritize both proper...