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in Short

ech: Ugandan startup Tugende raises $3.6M to help finance VSEs and SMEs

Startup TUGENDE announced that it has raised $3.6M in funding to meet the high demand for revenue generating asset financing. Tugende is a startup based in Kampala, Uganda, which launched in 2012. Its founder and CEO is Michael Wilkerson. It uses asset finance, technology and sophisticated customer support to help very small,...
in Short

Uganda Toyota invests in the startup Tugende

The Japanese car manufacturer wants to invest 45 million dollars in African mobility in 2021. And it will start with the Ugandan startup Tugende, which provides drivers the possibility to possess a vehicle thanks to a rent-buy system. Once the car is fully paid, after 12 to 24 months, drivers'...