article thumbnail

The motorcycle ride-hailing wars in Nigeria and Uganda is SafeBoda’s to lose

TechCrunch

On April 16, Uganda-based two-wheel ride-hailing platform SafeBoda announced that it had completed 1 million rides in Ibadan, a southwestern city in Nigeria. The company, which first launched in Uganda, is disrupting the offline market of local motorcycles referred to as boda-bodas in Uganda and okadas in Nigeria.

Uganda 133
article thumbnail

Uganda in the spotlight as country’s startups captivate YC, Google

TechCrunch

Uganda is one of the countries creating ripples in high-profile tech programs like the Y Combinator accelerator and Google’s $50 million Africa Investment Fund, launched in October last year targeting early and growth-stage startups. Numida’s star has been shining since last year when it first bagged $2.3 million in seed funding.

Uganda 96
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda

TechCrunch

To bridge the gap, Uganda-based fintech Numida , has opted to focus its digital lending business on small enterprises as part of its strategy for driving financial inclusion in emerging markets. led by Serena Ventures to extend loans to MSMEs beyond Uganda by Annie Njanja originally published on TechCrunch.

Uganda 96
article thumbnail

Health tech startup mPharma acquires Vine Pharmacy, enters Uganda

TechCrunch

Abraaj bought Vine Pharmacy in 2013 when it was the largest pharmacy chain in Uganda. Vine used to be the biggest pharmacy chain in Uganda. Rockson said that he hopes to take Vine Pharmacy to its former glory, when it held the position of the biggest retail pharmacy chain in Uganda.

Uganda 84
article thumbnail

Zembo nabs $3.4 million from Toyota, DOB Equity and InfraCo Africa to grow its motorcycle startup in Uganda

TechCrunch

Zembo, a French startup with operations in Uganda was founded in 2018 and sells electric motorcycles through a lease-to-own program. Zembo’s mission to improve incomes for Uganda’s boda boda riders while cutting air pollution is shared by our supporters and is a driving force for this partnership.

Uganda 88
article thumbnail

Pegasus spyware found on nine US diplomatic phones

TechSpot

Reuters' sources indicated that US officials, either based in Uganda or working on issues concerning Uganda, received warnings from Apple that their iPhones were being targeted with spyware from Israel-based NSO over the last several months.

Uganda 133
article thumbnail

Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda

TechCrunch

Now, it offers rides, parcel delivery, food and shop, payments, savings and other financial services to over 1 million customers in Uganda and its second market, Nigeria. The motorcycle ride-hailing wars in Nigeria and Uganda are SafeBoda’s to lose.

Africa 145