The global startup ecosystem is always brimming with new ideas given that emerging challenges, whether at global or national level, require solutions. Ideas aside, investment in startups on the African continent have been growing over the past years. The ...
As 2021 wound up, President Yoweri Museveni lifted the two-year lockdown of the country. In his address on December 30, 2021, he announced that all sectors in the economy would be fully opened. This was a decision that was made after government found new ...
As we settle into the new year, we are reflecting with optimism about the months ahead, preparing to once again tackle the challenges on the way with new solutions. In 2021, several startups rose to the occasion and provided a way through various individ ...
In 2020 Beyonic, a home-grown Ugandan startup providing digital payments solutions in five countries was acquired by MFS Africa, the largest digital payments hub in Africa. In a young entrepreneurial ecosystem like Uganda where many startups are fast stra ...
It’s been thirteen years since the Ugandan payments landscape was disrupted by the First mobile money system. MTN Uganda introduced the service in 2009 changing the tide in this cash-based economy. When MTN began carrying out mobile money transaction ...
They say experience is the best teacher and, in this case, the best advice for startups always comes from those who have walked miles in the entrepreneurship journey. That is why when Eric Osiakwan came to The Innovation Village to interact with startup f ...
For two years, Sam Kajubi (not real name) has run a web design company that builds e-commerce platforms. But in the period of operation, not once has the business paid its taxes. The business has never been registered with Uganda Registration Services Bur ...
When Italy passed the world’s first-ever Startup Act in 2012, it sparked off a trend that drove other countries to work on legislation that encourage the growth of their startup ecosystem. Inspired by Italy’s startup policy, many African governments h ...
There is no shortage of good solutions to the problems that plague Uganda, but there is a challenge with finding financial support to fund these solutions until they can survive on their feet. African Tech Startups Funding Report 2020 states that the y ...
Uganda is ranked as one of the best entrepreneurial countries with a 28% rate. Unfortunately, most of the enterprises that come to life often do not live to see their 5th birthday. The cause for failure include a number of reasons ranging from a lack of c ...
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