Beneficiaries claim Emyooga funds are hard to obtain due to bureaucracy, corruption and alleged unavailability of the money Kampala, Uganda | THE INDEPENDENT | Small scale entrepreneurs have decried the corruption involved in the process of accessing government rescue packages especially Emyooga. Emyooga is a presidential initiative on wealth and job …
Read More »Jumia creates jobs for young entrepreneurs
Kampala, Uganda | Julius Businge | As coronavirus restrictions continue to bite the economy, e-commerce firm, Jumia, is creating job opportunities for the youth to make money and transform their lives on its platform. Since 2018, the company came up with Uganda’s JForce program. The program is Jumia’s pioneer sales consultants …
Read More »Bridging education gaps can uplift African women entrepreneurs
Addis Ababa, Ethiopia | Xinhua | Educational attainment gaps have limited the success of women-owned businesses in Africa, according to a report newly published by the United Nations Economic Commission for Africa (UNECA). The “Women’s Entrepreneurship Report” studied data from tens of thousands of African entrepreneurs and firms to establish links …
Read More »Bureaucracy, bribery major obstacles to Uganda’s competitiveness – Survey
Kampala, Uganda | THE INDEPENDENT | Entrepreneurs and prospective investors in Uganda are getting more concerned about long bureaucratic procedures in dealing with government, than they are concerned with corruption or bribery, according to a survey. The procedures involved when an investor wants to start up a business in Uganda, …
Read More »Spanish delivery firm Glovo out to conquer the world
Barcelona, Spain | AFP | With an ambitious 27-year-old boss and a growing army of computer engineers, Spanish start-up Glovo is chasing international growth by expanding beyond food deliveries, despite criticism of the working conditions of its drivers. Four years ago Oscar Pierre quit his first job at Airbus, Europe’s largest …
Read More »Government promises support for Tony Elumelu entrepreneurs
Kampala, Uganda | Julius Businge | Beneficiaries of Tony Elumelu Foundation (TEF) have received good news from Uganda’s Prime Minister Ruhakana Rugunda. Rugunda who met the entrepreneurs recently at his office in Kampala led by United Bank for Africa management team discussed a possible partnership with the government of Uganda. The partnership …
Read More »Uganda to host 4th industrial revolution meet
Kampala, Uganda | Julius Businge | Kafeero Foundation, a social enterprise organization will hold the inaugural annual Power the Next event at Kampala Serena Hotel on Nov 16. The event will showcase Uganda’s progress in implementing Africa’s fourth industrial revolution. The event organized under the theme “Connecting Business to Capital” will bring …
Read More »Cameroon’s Silicon Mountain tech startups struggle with insurgency
Buea, Cameroon | AFP | Hi-tech promoters had big dreams for Silicon Mountain in Cameroon, where a broad plateau was seen as perfect for startup ventures, but their hopes have been shattered by a separatist struggle. Entrepreneurs in the tech village wanted to launch new technologies and make Cameroon a market …
Read More »UNDP partners with TEF to empower 100,000 young entrepreneurs in Africa
Kampala, Uganda | THE INDEPENDENT | The United Nations Development Programme (UNDP), the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy committed to empowering entrepreneurs — to train, mentor and financially support 100,000 young entrepreneurs in Africa over 10 …
Read More »Funding key for budding entrepreneurs – Prof Kwesiga
Kampala, Uganda | THE INDEPENDENT | The Executive Director of Uganda Industrial Research Institute Prof. Charles Kwesiga has told upcoming young entrepreneurs to be on the lookout for funding and other supporting opportunities to realize their dreams. Speaking at the ‘Academia Meets Industry 2019 two-day convention’ held in Kampala …
Read More »