Uganda’s Tugende Raises Additional $3.6 Million Funding to Fuel SME Lending

Tugende, a technology enabled asset finance company in East Africa, announced that it has closed $3.6 million in additional equity financing, which is an extension of the firm’s Series A, for which the first close was announced in September 2020.

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Bill and Melinda Gates Foundation Donates US$1.5 M to Strengthen Cybersecurity in Africa and Asia

CREST, the not-for-profit accreditation and certification body for the technical security industry, has received a grant of $1.4 million from the Bill & Melinda Gates Foundation to help increase cyber security capacity in Nigeria, Uganda, Tanzania, Kenya, Ethiopia, Pakistan, Bangladesh

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Standard Chartered Launches Second Wave of Digital-only Banks Across 4 African Markets

Standard Chartered today announced the start of the second phase of its digital-only retail bank across Africa. In response to growing consumer demand for innovative banking services on the continent, the Bank will launch its digital solution in four key

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