Our Reporter. One of the biggest bottlenecks of transferring funds from one country to another is the cost involved, especially if it involves different networks. It is a problem that MFS Africa; a digital payments hub, is keen on mitigating by providing access to a world of innovative, simple, convenient, secure, affordable, and compliant […]
Our Reporter. FutureLink Technologies is a community-driven marketplace for affordable financial services. It is licensed by the Bank of Uganda as a digital national payment systems operator. They work to enhance the financial resilience of Africa’s low and middle-income earners through a community-driven marketplace where consumers access a variety of financial services, mainly credit, most […]
Our Reporter. Agriculture remains Uganda’s top employer, with more than 60 percent of the population involved in agricultural activities. Despite this statistic, the industry is largely underfunded, many farm inputs are counterfeited and there is little support for harvest handling and agro marketing. By and large, Ugandan farmers are on their own, living at the […]
Our Reporter. True African is with no doubt among the legends of digital financial services in Uganda. They were among the pioneers of short messages (SMS) and later mobile banking in Uganda working with Nile Bank to transfer funds from one account to another. They even had a website where people would log-in and send […]
Our Reporter. Linmart is an online marketplace that links manufacturers, suppliers, wholesalers, retailers and shoppers to one platform called a MARKET for convenient, timely and cost-effective transactions. Started in October 2021, Linmart is an easy-to-use product where vendors sign-up for free and buyers just use their smartphones, pads or computers to conveniently contact sellers and […]
Our Reporter. The outbreak of the Covid-19 pandemic in March 2020 was projected to be a short-term disruption but for some financial firms, it has triggered long-term changes on how to do business. Buladde Financial Services is among the several financial institutions changing operations to suit customer preferences and the new ways of doing business. […]
Our Reporter. One of the main reasons for the early collapse of villages Saccos and Investment groups is poor book keeping. Hell breaks loose whenever the Sacco treasurer loses or conveniently misplaces the company ledger which in turn means there is no track of members’ savings, loans, etc. To save such groups from the mayhem […]
Our Reporter. When Uganda, just like most parts of the world was put into a total lockdown following the outbreak of the Covid-19 pandemic, most businesses were forced to either digitize their services or risk an abrupt closure. But for Jumia Uganda, the lockdown was just an added ingredient to their burgeoning business because this […]
Our Reporter. The word ‘SafeBoda’ is now a household name for the majority of Ugandans who especially use Boda Bodas – motorcycles for movement in Kampala Metropolitan region. For many Ugandans, riding on a boda boda used to be an unsafe experience because the riders were reckless, didn’t have customer care and you couldn’t bargain […]
Our Reporter. In 2021, Flutterwave received worldwide recognition for becoming an African FinTech Unicorn. By definition, a unicorn company is a startup with a valuation of over USD 1 billion. Founded in 2016 in Nigeria, Flutterwave has since grown into a global Fintech company that provides an interoperable payment infrastructure for global merchants and payment […]
Our Reporter. Many Ugandan traders in the informal sector have been shut out of digital and financial inclusion drives because of their lack of required knowledge, devices and paperwork to register their businesses. In the end, boda boda riders, charcoal traders, tomato sellers, salon operators, etc., remain stuck in the cash economy with all its […]
Our Reporter. Renowned marketing and business expert, Steven Jeffes once said that “innovation is the unrelenting drive to break the status quo and develop a new where few have dared to go.” Indeed, all innovators always dare to either do new things or improve what is already existing. Many succeed, many fail while many others […]
Our Reporter. If you are a frequent user of public transport in Africa, then you know the hustle and bustle involved in getting tickets and traveling. Things like long queues, manual processes and the no refund policy implemented by a majority of the players are common experiences encountered by travelers. It is these and more […]
HiPipo, organisers of the 40Days40FinTechs initiative have welcomed the new Software Development Kits (SDKs) by the Global System for Mobile Communications (GSMA), saying this will go a long way in providing interoperable solutions. The SDKs, developed by GSMA’s Inclusive Tech Lab, are toolkits that software developers use to build applications using prebuilt components instead of […]
Our Reporter. When Ephrance Eunice Namugenyi’s father started a paver and block-making business, he contacted his daughter to use her Information Technology skills to market his products. The two sat down and agreed to do something much bigger; create a digital marketplace for building materials. “I also work at Kyambogo University where I meet students […]