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. Digital agriculture is increasingly gaining prominence across the world. It is predicted that by 2021, the digital agriculture market, including value of software, algorithm, platforms and links between farming and technology hardware, would triple to $15 billion. To tap into this growing market so as to transform agriculture through enhanced production and productivity, […]
Our Reporter. Mobile wallets have over the past few years become a buzzword in most countries across the world, including Uganda. However, one name stands out in Uganda when it comes to mobile wallets; that is Yo Uganda, a technology solutions company that braved to venture into the world of the unknown. Established in […]
Our Reporter. Mwanjala Technologies, a Zambian company based in Kitwe Lusaka seeks to connect buyers and sellers with proper delivery lines and digital payment integrations. It further seeks to enhance e-commerce through connecting people to various products and services and allowing them the option to pay through integrated digital financial services platforms such as […]
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. The evolution of Financial Technology companies (FinTechs) is increasingly playing a critical role in salvaging informally operated Small and Medium Enterprises (SMEs), which for long were unable to access credit from banks and Micro Finance Institutions (MFIs). One such FinTech that has come in handy to serve businesses operating in this grey area […]
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. When RG-Consult started working on the Nakasero Market portal that would allow people to order for groceries from the market and have them delivered to their residences, little did they know that it would become popular in a short time. However, the lockdown that followed the COVID-19 outbreak in Uganda, forcing the government […]
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 […]
By Our Writer The Ugandan economy is heavily weighted in international trade, especially as an importer, mainly from China. Despite this, traders were finding challenges with cross-border payments as they involved multiple parties, currencies, regulations and risks. However, in a bid to make international payment more accessible and efficient to businesses, Ugmart, a Financial Technology […]