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FinTech Impact for Africa: Re-Imagining Financial Services

FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services industry. In addition, the leading banks on the continent are now harnessing innovative technology to Read More →

Mastercard Collaborates To Provide Acceptance In Uganda

Mastercard announced a partnership with Orient Bank to expand the acceptance of Mastercard payment cards at ATMs and point-of-sale (POS) terminals across Uganda. The collaborative effort will see the acceptance Read More →

Has Africa Been Left Behind by Formal Financial Services?

Has Africa been left behind by formal retail financial services? This is the question posed by the African Financial Retail Readiness Index (AFRRI). The first annual AFRRI report looks at Read More →

Cignifi and the IFC to Grow Usage of Mobile Money in Uganda

Cignifi, whose proven big data engine uses mobile phone data to deliver consumer credit and marketing scores, announced an agreement with the International Finance Corporation (“IFC”), a member of the Read More →

Stanbic Bank Uganda Limited Signs US$85 Million Term Loan Facility

Stanbic Bank Uganda Limited (Stanbic Uganda) has signed a US$85 million, eighteen month term loan facility in Dubai on 28 January 2015. The transaction, which is a debut Stanbic Uganda Read More →

Stanbic Bank Uganda Names Patrick Mweheire as Chief Executive

Stanbic Bank Uganda Limited Board of Directors announced Patrick Mweheire as the bank's new Chief Executive & Managing Director. Mweheire previously held the position of Executive Director and Head of Read More →

MTN Uganda strengthens mobile financial services with Ericsson

Ericsson announced that MTN Uganda has deployed the Ericsson Converged Wallet platform, enabling the operator to quickly introduce relevant, new and differentiated mobile financial services offerings for seven million MTN Read More →

MTN to Integrate Mobile Money Systems in Rwanda

MTN has announced it will be integrating its mobile money systems in Rwanda and Uganda as part of cross-border mobile money initiative. The integration will become effective from next month. When Read More →

MTN Uganda in Partnership with Centenary Bank Launches Another Mobile Money ATM Cash Out Service.

MTN Uganda the leading Mobile Money network has partnered with Centenary Bank Uganda to advance their ATM Cash out footprint by allowing customers to cash out at all Centenary bank Read More →

Kenya, Uganda, Rwanda Working on Cross Border Mobile Money Platform

East Africa will soon have a common mobile money platform that will enable users to send money from one country to another without any difficulty under exchange rates approved by Read More →
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