KFW DEG

Tugende is a financial services company based in Kampala, Uganda, focused on empowering informal sector entrepreneurs and small to medium-sized enterprises. Founded in 2012, Tugende primarily assists motorcycle taxi drivers in transitioning from renting to owning their motorcycles within eighteen months, thereby enhancing their income, job security, and road safety. In addition to motorcycles, Tugende provides business assets such as special hire taxis, matatus, and boat engines, as well as supplementary assets for existing clients like smartphones and salon equipment. The company also offers a range of services, including care services for health and life insurance, safety training, and value-added services like genuine parts and maintenance support. By addressing the credit gap and facilitating asset ownership, Tugende helps clients achieve financial independence and sustainable livelihoods.

Liquid Intelligent Technologies is an independent data, voice, and IP provider focused on building a digital future for Africa. Founded in 2004 and headquartered in Ebène, Plaines Wilhems, the company has developed an extensive fiber network that spans over 18,000 kilometers across several African countries, including Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, the Democratic Republic of Congo, Lesotho, and South Africa. Liquid Intelligent Technologies offers a variety of services such as broadband, leased lines, private networks, telecommunications connectivity, and web hosting. These services are designed to support both public and private sector enterprises in enhancing their digital experiences and navigating their digital journeys effectively.

awamo GmbH provides a cloud-based microcredit management solution tailored for microfinance institutions in emerging markets, particularly in sub-Saharan Africa. The platform is mobile-friendly and incorporates biometric identification and authentication to enhance security and accessibility. By digitizing credit management, risk management, and portfolio management processes, awamo enables over 300 institutions to serve more than 450,000 consumers efficiently. The market potential is significant, with over 600 million individuals in sub-Saharan Africa benefiting from microfinance services. In regions where awamo operates, more than 16,000 microfinance institutions employ around 210,000 staff members, providing services to over 53 million consumers. The microfinance sector is experiencing robust growth, with a projected annual increase of over 10%. As the population in Africa is expected to double by 2050, awamo's solution positions itself to facilitate financial inclusion and local economic development by allowing institutions to connect and offer additional products and services. The platform processes over 150,000 transactions monthly, handling more than 7 million euros, thus demonstrating its impact on the microfinance landscape.