Uganda can benefit from investment in entrepreneurship post COVID-19

From the limited access to market, appropriate talent to lack of investment capital, Ugandan entrepreneurs are grappling with a litany of challenges.   But when key sector players met at the Bounce Back event on Wednesday, they were all in agreement that it is time to make the business environment right for entrepreneurs to grow their […]

Oil and Gas FID and areas Startups can tap into

After years of negotiations between governments and oil and gas companies, Uganda has penned the Final Investment Decision (FID). For those ready to make their investment in the sector, the FID is a stamp of approval that companies can begin operations and that their “money will also be safe.”  With the first commercial well discovered in […]

17 Startups to watch out for in 2022

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 individual, community and sector challenges health, transport, education among other things. Below […]

2021: A year of progress in the Entrepreneurial ecosystem? 

According to the Global Startup Economy Report for 2021, the global startup economy is worth over $3.8 trillion in Ecosystem Value, more than the individual Gross Domestic Product of most G7 economies, not including the value of exits prior to 2018. Uganda’s contribution to this remains low despite the strides made within the ecosystem. To understand the trends in the local ecosystem better, we spoke […]

The Innovation Village Jinja counts its 2021 wins

When The Innovation Village, (TIV) spread its wings to Eastern Uganda in 2020, Jinja was chosen as its host city. Located on Plot 5, Main Street in the heart of the industrial town, the innovation ecosystem which is home to entrepreneurs from a region with approximately 33 districts, is also ushering the region into the Fourth Industrial Revolution through merging network, talent, […]

Startup Act: Strides made and how it can be a game changer for entrepreneurship

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 have considered providing a safety net for their startups by putting in place a Startup Act […]

Technology can enable farmers and agribusinesses to reap big

A compelling projection was made by the World Bank on the future of Agribusiness in 2013. Its report titled “Growing Africa: Unlocking the Potential of Agribusiness”, stated that by 2030, African farmers and agribusinesses could create an African $1 trillion food market. But therein, there were conditions to this growth including access to capital electricity, […]

STARTUP FINANCING: SOURCES AND WHY INNOVATION ECOSYSTEMS MATTER

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 year 2020 was a record-breaking one for African tech startups, with 397 companies […]

THE FUTURE OF TRANSPORT LIES IN THESE YOUNG HANDS

Ask any Ugandan about their frustrations with the public transport system and you will get a litany of grievances. The complaints rotate around unjustified delays caused by taxis scavenging for passengers, taxis that wind up as traps set up by gangs of thieves and that is just the tip of this troubling iceberg.  For Barbara […]