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Tag Archives: startups

How African startups raised funding in 2023

There was considerable debt uptake and regional VC diversification SPECIAL REPORT | BIRD AGENCY |   After defying the global funding slowdown of 2022, Venture Capital (VC) investments in African startups dropped considerably in 2023, mirroring the situation in other regions where capital taps were significantly turned off. According to Techcrunch; …

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‘Startup investment is much more than a transfer of funds’

Kampala, Uganda | THE INDEPENDENT | Investors in early-stage startups should expand their support to science and technology-based businesses beyond funding to incorporating transfers of skills or value addition post-investment. While delivering the keynote address during the Investor Summit of the 2022 National Science Week at the Kololo Ceremonial Grounds, …

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Records broken at 8th Africa Early Stage Investor Summit

Amsterdam, Netherlands | THE INDEPENDENT |  Investors at the 8th Africa Early Stage Investor Summit (AESIS ) held November 3-5 celebrated record-breaking deal-making on the continent surpassing $3 billion invested in 2021 into African startups. AESIS 2021 showed that the number of startups securing funding in Africa outpaces funding for …

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Private sector calls for National Startup Policy

Uganda is ranked one of the most entrepreneurial countries in the world, according to the Global Entrepreneurship Monitor Kampala, Uganda | THE INDEPENDENT |  Private sector players have asked government to expedite the formulation and implementation of a National Startup Policy in order to address major impediments to the growth of …

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Paris, the upstart startup capital

Paris, France | AFP |  Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers? While efforts by Paris to lure financial companies from London in the wake of Britain’s vote to leave the European Union …

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