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Rithu Rajan, far right, from EWB Ventures on the panel at Swarm Summit 2017

INTERVIEW: We have so far invested in 9 African ventures, including Uganda’s Numida –...

On December 7 and 8, Swarm Summit 2017 took place at The Square in Industrial. It featured several speakers on several panels dissecting issues hindering the building of a connected and...
Aga Sekalala

INTERVIEW: Aga Sekalala Jr is setting up an Angel/VC fund in Uganda, the first...

At the beginning of this year, I met Aga Sekalala Jr - for the very first time - at an event organized by Kampala Angel Investors Network at The Innovation Village....
African Entrepreneurship Angels

Interview: Why BMCE’s AEAwards launched an Angel Investors Network, African Entrepreneurship Angels

On 10th November last year, Bank of Africa together with the African Entrepreneurship Angels, hosted a private, invitation-only event, Angel Investor Seminar in Kampala, Uganda at Protea Hotel. The purpose of the...
Ojijo Pascal the founder of GoBigHub

Press Release: Uganda’s GoBigHub raises USD 250,000 as part of Series B targeting USD...

GoBighub, a platform that connects local investors to local entrepreneurs, has begun fundraising for their series B with USD. 250,000 investment. This was by a below the radar European boutique investment fund,...
Allan Rwakatungu the CEO and co-Founder of Xente at the recently concluded Kampala Innovation Week. Photo: Global Business Developers

Leapfrog Ventures to invest $190k into Uganda’s trio; Xente, Swipe2pay & Francom

Rwanda-based Leapfrog Ventures is set to invest $190,000 into three Ugandan startups according to sources familiar with the matters. The three startups are Xente, Swipe2pay, and Francom. Takuma Terakuno from Leapfrog Ventures...

The Hunt: Ugandan Version of Shark Tank Coming Next Week

A lot has been said about startups in Africa not getting funding. For those that do get, it is little. Yet few are talking about or thinking of addressing the issue...
The Medical Concierge Group

The Medical Concierge Group has raised $200,000 as it marks its 5th birthday

The Medical Concierge Group (TMCG), which celebrated its 5th birthday last week, has announced that it recently closed $200,000 in equity angel investment. The company preferred to keep the details of...
Sobek Capital

VC firm Sobek Capital opens Rwandan office, to invest $10,000 to $250,000

Sean Obedih Ndiho has today announced that his VC firm, Sobek Capital, has opened its Rwandan office. "It’s official Sobek Capital is now in Rwanda," he tweeted. "We look forward to working...
Tony Elumelu Foundation

Tony Elumelu Foundation Entrepreneurship Program sees a 75% jump in applicants

The Tony Elumelu Foundation Entrepreneurship Program hit 151,692 applications last Friday. This was a 75% jump in applications from last year's 93,000+ applicants. The number of applicants to the program has...

CB Insights puts Q2 2018 investment in African fintechs at $63M

A report by CB Insights has pegged investment into African fintechs (VC-backed) at $63 Million for the period of second quarter 2018. According to the report , this is a record...