Uganda Launches NINJA Accelerator to Propel Startups and Drive Innovation Growth
Tech In Africa | Grace Ashiru - Dec 31, 2024
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JICAAbsa Bank KenyaMicrosoft Africa Transformation OfficeUganda Ministry of Trade, Industry and CooperativesHindsight Ventures
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AI OverviewThe most relavant information from the article.
  • Launch of the NINJA Acceleration Program by the Uganda Ministry of Trade, Industry, and Cooperatives.
  • Selection of 10 startups from over 130 applicants across various industries.
  • Startups generate monthly recurring revenues between USD 10 K and USD 120 K.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The NINJA Acceleration Program represents a significant step towards nurturing Uganda's startup ecosystem, providing essential resources and connections for emerging businesses. However, the success of this initiative will depend on sustained support from both the government and private sector to ensure these startups can thrive in a competitive landscape.
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