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Uber

Toyota set to invest $500 million into Uber to work on self-driving cars

Toyota is set to invest $500 Million into ride-hailing company, Uber, to work on self-driving cars according to Reuters. "Toyota Motor Corp will invest $500 million in Uber to jointly work on...
BiasharaBot Presenting During Pangea Demo Day

Takuma’s Leapfrog Ventures invests $50,000 in Kenya’s BiasharaBot

Leapfrog Ventures has made a $50,000 investment into Kenya's SaaS startup BiasharaBot. This is according to reports from The Bridge . "Leapfrog Ventures announced that it has invested $ 50,000 in Biashara...
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...
Dustyn Winder

To build a successful company, start with a clearly defined problem – Dustyn Winder

When you talk about startups and investments in Africa, only a few cities come to people’s mind. Yet, with the increase in venture capital flowing to the continent, this is beginning...
Emmanuel Katongole, co-founder and executive chairman of CiplaQCi

Uganda’s CiplaQCi set for IPO with a valuation of US $12.5 Million

CiplaQCi, a Ugandan pharmaceutical manufacturing company has started its journey towards listing on the Uganda Securities Exchange. This was revealed through a 129 paged prospectus which also detailed the company's...
Machine Intelligence

Facebook is giving AIMS $4 Million to launch an African Master’s in Machine Intelligence

The African Institute for Mathematical Sciences (AIMS) has announced the launch of a one-year intensive African Master’s in Machine Intelligence (AMMI). This is in partnership with Facebook and Google. “Today, AIMS announces...
convertible debt

Opting for convertible debt financing? Here are some key terms you should know

Previously an article on startup jargon founders need to know as they raise funds for their company was published here. I would like to contribute to this by including below some key...
Zola Electric

Energy company Zola Electric closes $20 Million from SunFunder and others

SunFunder has announced that Zola Electric has closed $20 Million in debt financing. The energy company was formerly called Off Grid Electric. “SunFunder announced today the close of a $20 million...
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....
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...