Africa's startup ecosystem so far has been dominated by Nigeria, Kenya, South Africa and Egypt ('the Big 4'), countries that still receive large amounts of venture capital and other forms of investment.

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However, the situation seems to be gradually change slowly Because of the important startups It started growing from other countries on the continent and as investors looked for new opportunities. in spreading the risks outside the Big 4

Uganda is one of the countries that are making waves in well-known tech programs such as the Y Combinator accelerator and Google's $50 million Africa Investment Fund, which launched in October last year with the goal of being an early-stage startup and growing period

In December 2021, SafeBoda, Uganda's multi-service payment technology and digital payments platform, became the first start-up in the continent to be invested by Google funds.