GJO & Partners

Funding and investors in Uganda: market analysis

Who invests in Uganda, in which sectors, with which tickets and instruments: every figure below is computed from the funding deals recorded on the platform.

22

deals recorded

6

over 12 months

6 M$

median disclosed ticket

25

identified investors

Key findings

  • 22 funding deals recorded (Uganda) since 2005, involving 22 companies and 25 identified investors. 6 of them over the last 12 months (7 the previous year).
  • Median disclosed ticket: 6 M$; half of the deals fall between 2.6 M$ and 12.2 M$ (12 amounts disclosed out of 22, 121.6 M$ in total).
  • Where the money goes: Agribusiness (41 %), Energy (18 %), Telecoms & digital infrastructure (9 %).
  • Most frequent stage: Growth (18 %); most used instrument: Equity (32 %).
  • Most active investors: Acumen (3), Inua Capital (3), Investisseurs & Partenaires (I&P) (2).
  • 32 % of deals are syndicated (at least two investors around the table).

Sectors

  • Agribusiness9
  • Energy4
  • Telecoms & digital infrastructure2
  • Water & environment1
  • Education1

Industries

  • Cocoa, coffee and export crops3
  • Agritech2
  • Off-grid solar and solar kits2
  • Telecom towers and fibre2
  • Clean cooking1

Stages

  • Growth4
  • Debt4
  • Seed3
  • Pre-Seed1
  • Series A1

Instruments

  • Equity7
  • Senior debt4
  • Mezzanine debt1
  • Quasi-equity1

Deals per year

YearDealsDisclosed amounts
202217 M$
2023235 M$
2024748.2 M$
2025528.9 M$
202651 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
Shaga GreensFruit, vegetables and market gardening · Uganda · SeedJun 2026undisclosedInvestisseurs & Partenaires (I&P)source
Mountain HarvestCocoa, coffee and export crops · UgandaApr 2026undisclosedAcumensource
Omia Agribusiness Development GroupAgricultural inputs and services · UgandaMar 2026undisclosedAcumensource
Zigoti Coffee WorksCocoa, coffee and export crops · Uganda · DebtMar 20261 M$Sahel Capitalsource
Richland FoodsFood processing · Uganda · SeedFeb 2026undisclosedInvestisseurs & Partenaires (I&P)source
RidelinkSupply chain software · Uganda · Pre-SeedNov 20251.1 M$undisclosedsource
Sawa EnergyOff-grid solar and solar kits · UgandaNov 20252.9 M$ElectriFIsource
MalengoHigher education · UgandaOct 202512.9 M$The Shapiro Foundationsource
RwaziData and AI · Uganda · Series AJul 202512 M$Bonfire Venturessource
Flow GlobalPayments and mobile money · UgandaJan 2025undisclosedInua Capitalsource
Brighter Life by d.lightOff-grid solar and solar kits · Uganda · DebtNov 20245 M$Acumensource
KaFreshAgritech · UgandaNov 2024undisclosedNairobi Business Angel Networksource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.