funding

Startups

Nathan Ernest Olupot April 18, 2023

Seed, Grants, and Funding Rounds: What’s the Difference?

The journey of a startup begins with an idea. The idea could be inspired by a personal experience, an industry…

Investments

Nathan Ernest Olupot November 11, 2022

Esther Ndeti: Startup Investment is More Than Just a Transfer of Funds

The Secretariat of Science Technology and Innovation (STI) in the Office of the President which is taking the lead in…

Africa

PC Tech March 10, 2021

Flutterwave to Expand its Customer Base After Raising $170M From Investors

Africa-focused payments company Flutterwave today announced that it has closed USD$170 million (approx. UGX623,173,590,000) in Series C round, from a…

Google

Magazine Editor January 29, 2021

Google Pledges $10M Grant to Support SMEs, Startups & Local NGOs in Kenya

U.S-based technology and software firm; Google, announced a pledge of USD$10 million (approx. KSH1.1 billion) to support the economic post…

Africa

PC Tech January 25, 2021

Pula Raises UGX22 Billion in Series A Fundraise Led by TLcom Capital

Pula, an African InsureTech service provider startup that specializes in digital and agricultural insurance to de-risk millions of smallholder farmers…

Business

Magazine Editor November 13, 2020

African Development Bank, Ugandan Gov’t Sign UGX1.8 Billion Grant To Fund MSMEs in The Petroleum Sector

The African Development Bank and the Government of Uganda have signed a grant agreement of USD$500,000 (roughly UGX1.8 billion) to…

Featured

Staff Writer January 23, 2019

Andela Announces $100M Series D Funding led by Al Gore’s Investment Firm to Build Distributed Engineering Teams

Global talent outsourcing company, Andela has announced the completion of a $100M Series D funding. The round was led by…

Features

Staff Writer February 15, 2018

Microsoft commits $500 million to new program, ‘Microsoft for Startups’

Software giant Microsoft announced ‘Microsoft for Startups’, a new program that will help startups co-sell their products and grow their customer base…

Business