Why Ugandan startups fail to attract financing

It should be noted that tech startups, especially Fintechs, largely rely on foreign investors to develop scalable products that can serve across many markets. Thus, increased availability of local and international funding allows startups to access resources from a wide range of stakeholders at different stages.

Two African workers sealing wood with varnish. Experts say crowdfunding can help small and medium enterprises to reach a broad group of potential investors and possibly generate publicity