Uganda: Latest News
Peter Pedroncelli, 3:38 am AFKI Original
Uber recently celebrated four years spent serving customers in Africa, and the question of how Africans use Uber come into focus, with people across the continent making use of the ride-hailing company. From a handful of cities in Africa, the on-demand taxi-hailing company has expanded to numerous African countries, launching a rewards program for driver-partners and even offering a food delivery service in one of its main markets.
Staff, 10:15 am
The youth in sub-Saharan Africa encounter more digital advertisements on a daily basis than any other form of advertisement. The number of Internet users and their daily usage continues to surge as audiences shift away from TV, radio and print media, a recent GeoPoll Straw Poll found.
Peter Pedroncelli, 6:37 am AFKI Original
African fintech startups have yet another opportunity to strive towards sustainability with the launch of the Village Capital Fintech Africa 2018 program, in collaboration with PayPal. The U.S.-based venture capital fund’s annual investment-readiness program, which is geared towards supporting African startups focused on financial health, is looking to fill a cohort of 10-12 companies from Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania, and Uganda.
Staff, 4:26 pm
Brian Dinga, his sister-in-law and her six children fled their South Sudanese home in 2016 after his brother was shot dead.They trekked across the border into Uganda and were accommodated in the world’s largest refugee settlement, Bidibidi, where they struggled to make ends meet. Brian, 62, had no job and no money, and prospects for the family were not good. A donated mobile phone has given them a lifeline. Brian now receives an electronic cash transfer via the phone to buy food for his family.
Peter Pedroncelli, 6:01 am
E-health startups across the African continent have shown impressive growth in recent years, allowing them to raise over $19 million in investments. While the e-health startups present on the continent continue to gain traction, the industry as a whole is experiencing strong growth, and between the 115 medical-related startups operating in 20 countries, over $19 million worth of investment has been attracted.
Staff, 8:07 am
My career started out in a software development consultancy firm where I was the only woman on the team. Local tech companies back then preferred to hire men, when they did hire women it was only for junior positions. I started Women in Technology Uganda to increase the participation of women and girls in technology in Africa. I wanted to create an environment that teaches young girls and women about the opportunities in technology, teach them the relevant skills to get high paying tech jobs.
Peter Pedroncelli, 5:51 am
Andela, a startup that trains and outsources African coders to work for global firms, has secured a Series C round of funding to continue the company’s expansion. The Lagos and Nairobi-based startup that recruits Africa’s best software developers has successfully raised $40 million in the most recent round of funding. The substantial investment was led by Pan-African venture firm CRE Venture Capital, while other investors include DBL Partners, Amplo, Salesforce Ventures, and Africa-focused TLcom Capital.
Kurt Davis Jr., 4:31 pm AFKI Original
Betting on oil and gas prices these days is part-art and part-fun for bankers and investors, but major oil giants Total seem to be backing East Africa. Numerous pipelines for oil and gas are under construction across the African continent, and may be something for investors to monitor closely. Gas is the third largest fuel source in the global primary energy mix and the second largest source in power generation, contributing 24 percent and 22 percent to each market respectively.
Peter Pedroncelli, 5:50 am AFKI Original
Instant messaging apps have become indispensable for most modern smartphone users, and Africa is no different, with a number of popular mobile applications being used around the continent. Engaging with friends and family has never been easier, with mobile phones equipped to facilitate messaging via these apps, making communication affordable and more accessible than ever before for African users.
Kurt Davis Jr., 5:18 pm AFKI Original
While some African supermarket chains are achieving success, Kenyan brands Nakumatt and Uchumi are struggling badly. Smaller countries, such as Mozambique and Namibia, provide bigger opportunities for expansion (and returns) compared to East African nations. One can better manage growth expectations and costs in neighboring southern African countries, including Zambia, than in the rising East African giants.
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