Our Reporter. Merchandise Uganda, an e-commerce platform that connects sellers to buyers is increasingly gaining prominence in Uganda, owing to its ability to connect businesses to market across the globe easily. Established in March 2019, the platform allows merchants to open mini-showrooms through which they market their products to potential buyers by posting product photos […]
Our Reporter. There is growing demand in developed nations for schools to teach children coding from an early age. This is because most schools and parents believe that learning how to code at a young age sets up a child for a lifetime of success. In most developing countries, including Uganda, however, the earliest one […]
Our Reporter. While previously life for most Ugandans, especially those living in rural areas, would come to near standstill after sunset due to lack of electricity, the emergence of innovative lighting solutions is helping rewrite the story. Hundreds of people now have access to solar power, thanks to products like StarTimes Solar, which is lighting […]
Our Reporter. While the Covid-19 pandemic caught nations unware, paralyzing businesses and service provision in many countries, it also sparked off a wave of invention as people thought of innovative ways to remain relevant even during the lockdown. Among the innovations that emerged during the lockdown in Uganda was the Gombe Education Service (GES) Online […]
Our Reporter. Reimagining finance in emerging markets by extending financial services to the underserved and the excluded has been JUMO’s goal since inception. This explains why it chose to specialize in social impact financial products where small businesses that are financially excluded can access loans and savings products. Launched in 2014, the company so far […]
Our Reporter. While Sub-Saharan Africa countries are among the largest recipients of diaspora remittances, the region also suffers with some of the highest transfer costs than any other region in the world. A 2018 World Bank report shows that on average, the cost of sending USD 200 to and from a country in the region […]
Our Reporter. With financial exclusion still a big challenge globally, players in the financial technology space are increasingly working towards breaking the barriers by using technology to ensure that more people have access to affordable financial services. It is estimated that over a billion people globally are still financially excluded. Uganda has, however, gained progress […]
Our Reporter. While education experts in Uganda put the ideal teacher-pupils ratio at one teacher to 53 pupils, most schools have three times the number, a condition that is straining Uganda’s education system. This brings about a problem for both teachers and learners, as slow learners are always left behind because teachers have a huge […]
Our Reporter. Jumia, an e-commerce retail and logistics service platform that connects sellers with consumers has been hailed as one of Africa’s greatest success stories and yes, it is. Established in 2012 in Lagos, Nigeria, it has within just a period of eight years posted great milestones, including spreading to about 11 countries in Africa, […]
Our Reporter. A growing number of businesses and buyers in Africa are increasingly embracing e-commerce, thanks to COVID-19 that saw governments enforce restrictions on people movement to control the spread of the deadly virus. The shift to online shopping has not only opened a window of opportunities for businesses to sell within their country but […]
Our Reporter. It may still be a nascent industry but Uganda is increasingly making huge leaps in the digital payment technologies space. Huge sums of money; be it person-to-person payments or business transactions, are being transacted conveniently, thanks to the innovativeness put up by Financial Technology Companies (FinTechs) such as Pegasus Technologies. Established in 2007, […]
Our Reporter. While Europe, America and Asia, the main trading partners with Africa are increasingly getting cashless, over 90 per cent of the population in Africa still adores cash. This not only renders the continent uncompetitive but has also played a great part in promoting money laundering on the continent. According to Brookings, illicit financial […]
Our Reporter. With huge traffic congestion in most African cities, the easiest way for one to travel from one point to another is by using a motorcycle, commonly known as Boda Boda in Uganda. Although this is the fastest means of transport that beats any manner of traffic jam, the only challenge comes with safety, […]
Our Reporter. The payment industry is increasingly experiencing a high level of disruption that is reshaping the payments space, thanks to a surge of new technology-driven processes. Operated by Financial Technology Companies (FinTech), the digital applications are enabling users to take payments to the next level in terms of speed, efficiency and convenience. And one […]
Our Reporter. Making financial services available to more people by lowering costs and barriers to access is increasingly becoming a key focus area for Financial Technology Companies (FinTechs) that seek to ensure financial inclusion for all. Their transformative power owes to their ability to serve the once financially excluded people, using technology to facilitate mobile […]
Our Reporter. While most Ugandans describe land as the key to wealth, leaving it idle for years is not a smart idea. In Uganda, it is not unusual for one to leave their piece of land vacant for years because they do not have funds to develop it. Even though it appreciates in value […]
Our Reporter. Blockchain technology and Cryptocurrencies – digital representation of value that are digitally traded and act as a medium of exchange, a unit of account and a store of value, are increasingly being adopted across the world. They are steadily playing a critical role in helping countries across the globe drive their financial inclusion […]
Our Reporter. There are many people who have missed out on their favorite sports games, music shows or comedy just because they were unable to buy their ticket from a location which was far from where they were. However, all that is history, thanks to Ticteq, a Xopa Limited online ticketing system that houses revelers […]
Our Reporter. Talk about Small and Medium Size Enterprises (SMEs) in Uganda and they will tell you how majority die before celebrating their fifth birthday. According to experts, this is due to a number of reasons but top on the list is poor record keeping and poor inventory management. However, a group of entrepreneurs saw […]
Our Reporter. While there has been effort from the various governments across Africa to shift their respective countries from cash to cashless economies, the World Bank estimates that about 90% of retail transactions on the continent are still cash based. However, there seems to be renewed effort, from all corners to migrate Africa from a […]