German investor Allianz X chooses Uganda’s SafeBoda as its first African investment

Meet SafeBoda, the African ride-hailing and fintech company

Ugandan bike-hailing startup, SafeBoda has secured a Series B investment co-led by Allianz X and Go-Ventures. This was announced on Tuesday, May 7 by Allianz X.

Allianz X is the digital investment unit of Germany’s Allianz Group, and part of the group’s Renewal Agenda while Go-Ventures is the venture capital arm of Indonesian startup—GOJEK, investing globally in early-stage ventures.

Allianz revenue of 130.6 billion euros places it firmly in the top 5 largest financial services companies in the world. Allianz X invest in digital growth companies that are part of their ecosystems related to insurance: Mobility, Connected Property, Connected Health, Wealth Management & Retirement, and Data Intelligence & Cybersecurity while also helping to drive innovation across Allianz operating entities.


American kidnapped in Uganda rescued unharmed along with driver after 5-day ordeal

An American who was kidnapped along with her driver in Uganda last week has been recovered unharmed, a spokesman for the Ugandan government said Sunday. The pair were recovered along the border with the neighboring Democratic Republic of Congo (DRC).

EAST AFRICA – Armed men kidnap an American tourist in Uganda and demand a $500K ransom for her freedom

Advertisements US tourist and a Ugandan driver are being held for $500k ransom – AIWA! NO! The Uganda Police Force released a statement about the kidnapping of a 35-year-old woman and a Ugandan senior guide who was allegedly kidnapped by gunmen in Queen Elizabeth National Park. A massive search-and-rescue effort was underway Wednesday in Uganda afterContinue reading “EAST AFRICA – Armed men kidnap an American tourist in Uganda and demand a $500K ransom for her freedom”