Startups, Venture Capital & Innovation
Ahmed Omar Mandela: Uganda’s Business Builder
Mandela actively collaborates with Uganda’s top banks, including Stanbic Bank, Absa Uganda, and Centenary Bank. He prioritizes clean financial records, timely loan repayments, and strategic credit use to drive expansion. While many entrepreneurs favour private funding, he views banks as essential partners in business growth.

Explore how Ahmed Omar Mandela built Uganda’s Mandela Group into a regional powerhouse in hospitality, oil, automotive, and manufacturing.
Family Roots, Big Ambitions
Ahmed Omar Mandela emerged from a business-savvy family in Uganda, but instead of inheriting comfort, he envisioned transformation. Born in the early 1980s, Mandela wanted to build brands that would redefine service, reliability, and trust in Uganda’s private sector.
His breakout moment came in 2008 with the launch of Café Javas (CJ’s), a premium casual dining chain that quickly became a regional benchmark.
“Good food, great service, elegant ambiance—at an affordable price. That was the dream,” Mandela recalled in a 2020 interview.
The Power of Strategic Capital
Mandela started with a loan of UGX 500 million (~US$150,000), supported by personal savings and his family’s trade networks. With clear business discipline, he built credit trust among Uganda’s top banks, including Stanbic Bank Uganda and Absa Uganda.
“Banks need to see discipline. Handle one loan well, and they’ll offer you five more,” Mandela shared at a 2021 youth entrepreneurship summit.
Expanding the Empire: Oil, Autos & Retail
After Café Javas, Mandela turned to energy. In 2011, he founded City Oil—a fuel retail and car service chain. Unlike traditional fuel stations, City Oil offered full-service convenience including coffee shops, clean washrooms, and car maintenance.
By 2024, City Oil operated over 15 fuel stations with annual revenues exceeding US$50 million.
In 2015, he launched a successful vehicle dealership, importing and servicing high-end and mid-range cars to tap Uganda’s rising middle class.
Financial Highlights (as of 2024)
- Café Javas: Over 12 branches in Uganda and Kenya; generates ~US$30 million/year
- City Oil: Revenues over US$50 million/year
- Automotive Ventures: 3,000+ units sold annually, among Uganda’s top car dealers
- Total Staff: 2,000+ across all ventures
- Estimated Net Worth: US$550 million
🔗 Related: Top Hospitality Brands in East Africa
Lessons from Failure: The South Sudan Chapter
Mandela’s South Sudan expansion in 2017 was his biggest failure. He invested US$5 million in a CJ’s restaurant in Juba, expecting an economic boom. However, inflation, political unrest, and logistics nightmares forced him to shut down in under 2 years.
“Business isn’t just numbers—it’s environment, timing, and resilience,” Mandela reflected in a 2021 Monitor Business profile.
Inspired by Dangote, Driven by Discipline
Mandela openly admires Aliko Dangote, Africa’s richest man who has just opened a $3 B fertiliser plant in Ethiopia. Like Dangote, he believes in long-term value creation, pan-African growth, and local job creation.
“Success isn’t luck. It’s systems, people, and purpose,” he often tells young entrepreneurs.
He emphasizes:
- Discipline: “Without it, even the best ideas collapse.”
- Resilience: Key to surviving setbacks.
- Customer focus: CJs and City Oil thrive on top-tier customer service.
Financial Strategy: Credit with Control
Mandela maintains strong credit lines with banks—but insists on strict financial discipline. Unlike many entrepreneurs, he prefers loans to equity to retain full control.
“Credit isn’t the enemy. Irresponsibility is.”
He keeps detailed audits, pays suppliers on time, and ensures tight cost management across all divisions.
Legacy and Future Outlook
Mandela’s next frontier includes:
- Real Estate: High-rise retail and residential towers in Kampala
- Technology Ventures: Logistics tech and food delivery apps
- Cross-Border Expansion: Kenya, Rwanda, and Zambia are in focus
His vision? To build Africa’s next-generation family-owned conglomerate, rooted in trust, service, and local ownership.
“Africa doesn’t need aid—it needs builders. My job is to build, employ, and inspire,” Mandela concluded at a 2023 Private Sector Foundation Uganda event.
🔗 Related Internal Links:
- How Ugandan Entrepreneurs Are Scaling Regionally
- Top 10 Private Sector Employers in Uganda
- Lessons from Failed Expansions in Africa

Climate, Energy & Environment
Handas Jaba Juice: Kenya’s Khat Revolution
Energy, culture, and African spirit in every sip.
Handas Jaba Juice brings khat’s benefits to a smooth drink.
A new wave of celebration sweeps across East Africa.

Discover how Handas Jaba Juice turned khat into a bold beverage brand, reshaping celebrations with innovation, culture, and African spirit.
From Gin Dreams to Khat Innovation
In July 2024, Brian Kiriba returned to Kenya with a dream: to craft premium gin. But strict alcohol regulations blocked his path.
During this setback, Brian discovered khat, a traditional East African stimulant. Instead of quitting, he saw an opportunity. He decided to create a new kind of product—a beverage that captured khat’s energy without the bitter chewing experience.
The Birth of Handas Jaba Juice
Brian experimented in his old distillery, blending khat extract with hibiscus, fruit juice, and sugar. After several failed attempts (and a few broken blenders), he perfected the recipe.
Handas Jaba Juice offered a smooth, flavorful energy drink. It brought the stimulant’s benefits to a wider audience in a simple, convenient form.
Expanding Across East Africa
Handas quickly grew from Nairobi into other Kenyan towns and eventually Uganda. The drink became more than a product—it became a cultural phenomenon. Similar to what African Spirits Ltd, owned by billionaire Humprey Kariuki was before being placed under administration.
The Kenyan energy drinks market, valued at $320 million and growing over 12% annually, presented perfect timing for this innovation. Handas positioned itself as a unique player with strong regional potential.
Health, Regulation, and Responsibility
Khat remains legal in Kenya but is banned in some countries (DEA fact sheet). Handas takes a responsible approach.
The company emphasizes education and transparency, offering resources such as:
These efforts ensure consumers understand the product and enjoy it safely.
Innovation and the Future
By 2023, Handas evolved into a mission-driven brand. The company plans to launch new khat-based beverages that are healthier and more diverse.
Brian explains: “Our mission isn’t just to sell juice. We want to innovate African beverages and give people a healthier way to celebrate.”
A Toast to Africa
Handas Jaba Juice is more than a drink—it’s a story of resilience, creativity, and African spirit. Each sip reflects innovation, culture, and celebration.
Visit the Jaba Juice Store to experience the revolution, or learn more on our About Us page.
Startups, Venture Capital & Innovation
Kenya Arrests Hacker in $87K Fintech Fraud
Kenya arrests 26-year-old hacker over $87,000 fintech heist. The suspect allegedly laundered funds through dozens of fake accounts. Authorities warn this highlights growing cybersecurity risks in Africa’s digital economy.

Kenya nabs 26-year-old hacker over $87,000 fintech fraud, highlighting Africa’s cybercrime threat amid rapid digital growth.
Kenya Cracks Down on $87K Cyber Fraud
[Nairobi, Kenya] – Kenya has ramped up its fight against cybercrime after police arrested a 26-year-old hacker accused of masterminding one of the country’s most audacious financial scams. The case highlights the growing cybersecurity challenges facing Africa’s rapidly expanding digital economy.
The Arrest in Tatu City
The suspect, Seth Mwabe, was apprehended in Tatu City, a modern mixed-use hub near Nairobi. Authorities allege he breached a local betting firm’s payment system, siphoning approximately KSh11.4 million ($87,000) into multiple bank and mobile money accounts.
From Campus to Cybercrime
Mwabe, a former computer science student at Meru University of Science and Technology, dropped out before completing his studies. Investigators believe his technical expertise in software and networking enabled him to execute the sophisticated hack. Outwardly presenting himself as a tech entrepreneur in Tatu City, he allegedly ran a one-man cybercrime ring, laundering stolen funds through dozens of accounts created under false identities.
Fintech Growth Meets Security Risks
Kenya’s fintech boom, led by platforms like M-Pesa, has made digital transactions easier than ever. Yet, the surge in online betting and mobile payments also exposes vulnerabilities.This May,Equity Bank, Kenya’s biggest lender by customer base faced a fraud crisis,testing its digital leadership.The Communications Authority of Kenya reported over 700 million attempted cyberattacks last year, ranging from phishing scams to high-level payment fraud.
A Regional Challenge
Mwabe’s case mirrors broader trends across Africa. Countries like Nigeria and South Africa have also experienced similar breaches, highlighting that rapid fintech adoption is outpacing regulation. Experts warn that without stronger cybersecurity measures, trust in Africa’s digital economy could be at risk.
The Road Ahead
Mwabe remains in custody as the Directorate of Criminal Investigations (DCI) collaborates with regulators and cybersecurity firms to trace potential accomplices and close loopholes in the betting sector. “This arrest is a wake-up call,” a senior DCI investigator told local media. “Kenya must secure its digital economy before cybercrime erodes public confidence.”
Startups, Venture Capital & Innovation
Britam Plans Wider African Expansion Drive
Britam is accelerating its African growth plans with an imminent entry into Congo. The insurer will rely on acquisitions to scale faster. CEO Tom Gitogo says the move targets markets with low insurance penetration.

Britam eyes growth in Africa with Congo entry, focusing on acquisitions to tap low-insurance markets and diversify revenue.
Britam Holdings Ltd., Kenya’s biggest listed insurer, is stepping up its push across Africa as it prepares to enter Congo. The group is targeting countries with low insurance uptake to diversify income and strengthen its market position.
Britam already operates in seven African countries. Chief Executive Officer Tom Gitogo said the company will prioritize acquisitions over building from scratch, a strategy aimed at achieving faster growth while leveraging existing market structures.
At the same time, Britam plans to deepen operations in its current markets by expanding product offerings and reaching more under-served populations. This, Gitogo noted, will boost earnings and create long-term value.
“Africa presents enormous potential in insurance, given the continent’s low penetration rates,” Gitogo said. “Through acquisitions, we can scale quickly while ensuring sustainable growth.”
The Congo entry marks just the beginning of a broader expansion strategy that could see Britam, which posted record profits in 2023, emerge as a leading pan-African insurer, tapping into rising incomes and increasing demand for risk protection.
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