Savannah Fund
Savannah Fund is a venture capital firm based in Nairobi, Kenya, that specializes in seed capital investments in early-stage technology startups across sub-Saharan Africa. Established in 2012, it focuses on sectors such as e-commerce, fintech, healthcare, logistics, and education technology. The fund typically invests between $25,000 and $1 million, aiming to bridge the gap between early-stage and venture capital financing in the region. Savannah Fund also operates an accelerator program, providing mentorship and support from both local and international networks, including connections to Silicon Valley. This approach not only offers financial backing but also fosters an ecosystem for startups to scale into successful regional or global companies. The firm is committed to leveraging Africa's potential as a hub for technological innovation and sustainable business development, emphasizing job creation and impactful growth.
Kola Studios is a mobile game developer based in Uganda, known for popularizing a local card game. The company focuses on creating engaging mobile applications that enhance user experience and promote cultural entertainment. In addition to game development, Kola Studios offers custom applications aimed at data integration and business enhancements, providing quality analysis to meet specific process requirements. This dual approach allows the company to support clients in launching their products and establishing a strong brand identity. Kola Studios is backed by Savannah Fund, which contributes to its growth and innovation in the mobile gaming and application development sectors.
Inforex operates a platform designed to connect foreign exchange service providers in Uganda, facilitating better access to information for forex bureaus, financial institutions, and the public. The platform allows forex bureaus to view each other's rates and conduct currency transactions, while also providing institutions with real-time updates on rate changes. Additionally, Inforex features a news section that keeps users informed about fluctuations in both local and international currency markets. The system includes notifications from central banks regarding the forex market and cash inflow submissions, enhancing operational efficiency for users. A messaging feature further simplifies communication among forex institutions, and each bureau has a dedicated profile section to update their contact and location details. Founded in 2012 and based in Kampala, Uganda, Inforex plays a crucial role in bridging the information gap in the forex market.
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