EC will have Reason to be Negligent in 2021 with Budget Cut – Opposition

Members of the Opposition in Parliament are concerned that the current cry by Government that they do not have money to run elections could be used against the opposition. Government recently announced plans to slash the budget for the 2021 elections. According to Justice Simon JByabakama, the commission requires 518.944 billion shillings for the 2021 elections. He says Government has…

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President Museveni Tasks MPs to Explain Slow Growth in Ibanda

Land fragmentation, degraded natural resources, lack of access to water and electricity, and a poor road Network have been listed as some of the reasons for the slow growth of Ibanda district in Southwestern Uganda. The district which borders Mbarara, Kiruhura, Buhweju and Kamwenge hosted this year’s National Resistance Movement-NRM liberation Day celebrations, commemorating the date in 1986 when the…

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Zimbabwe doctors end strike after billionaire’s offer

Zimbabwe’s doctors have agreed to return to work after accepting a funding offer from a billionaire, ending a prolonged strike. The strike over pay and poor conditions lasted more than four months, paralysing the country’s healthcare sector. Last year, Zimbabwean telecoms billionaire Strive Masiyiwa tabled an offer to break the impasse. Mr Masiyiwa said he would set up a 100m…

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Andela, Flutterwave co-founder launches early-stage investment fund

Iyinoluwa Aboyeji, co-founder of Andela and Flutterwave, has announced his Future Africa initiative has launched an early-stage investment fund that will back up to 20 founders with up to US$50,000 of capital each year. In Andela and Flutterwave, Aboyeji has helped launch two of Africa’s best known and best funded startups, and having “retired” from Flutterwave in October 2018 he launched Future Africa last year…

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Ugandan startup Cinnamon Clubs selected for Cape Town-based accelerator

Cinnamon Clubs has been selected to face off with 19 other startups in the Startupbootcamp AfriTech 2019 Final Selection Days. Cinnamon Clubs is a software that helps investment clubs to track and manage their records. To participate in this round of the prestigious accelerator, the startup beat over 2000 startups from different countries that had applied. Of the twenty startups that…

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Startups share $1.35m worth of prizes at SA Innovation Summit

The SA Innovation Summit took place on September 11-13 at the Cape Town Stadium, bringing together over 3,500 delegates from 32 countries. Five startup pitch competitions were held over the three days, with 78 startups pitching for a share in the prizes. The Africa Cup, in partnership with the Unicorn Group, was won by Kenyan fintech startup Asilimia, which took home a…

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