Kampala, Uganda | URN | A renewed parliamentary push to review taxes on mobile money has reignited concerns that Uganda’s tax regime is making digital financial services increasingly expensive and slowing the country’s drive towards financial inclusion. The debate follows recent amendments to the Income Tax Act introducing a 10 …
Read More »Equity Group, AfricaNenda launch digital Infrastructure drive for financial inclusion
Nairobi, Kenya | NEWS CORRESPONDENT | A new partnership between Equity Group, AfricaNenda Foundation and the Gates Foundation is set to accelerate the development of Digital Public Infrastructure (DPI) across Africa in a move expected to expand financial inclusion, strengthen digital payment systems and support cross-border trade. The initiative, …
Read More »Financial inclusion helping rewrite refugee narrative in Uganda
As the world marked World Refugee Day, a growing number of displaced families in Uganda are moving beyond survival and building sustainable livelihoods through access to financial services. Kampala, Uganda | NEWS CORRESPONDENT | Every year on June 20, World Refugee Day reminds the world that behind every …
Read More »Centenary Group and Service Cops sign deal to accelerate digital financial inclusion
Kampala, Uganda | THE INDEPENDENT | Centenary Group, through its technology company – Centenary Technology Services, has signed a landmark Memorandum of Understanding (M.O.U) with Service Cops, formalizing a strategic technology and business partnership aimed at accelerating digital transformation, deepening financial inclusion, and expanding access to modern digital services across …
Read More »Bank of Africa’s new campaign to boost digital banking access, financial inclusion
KAMPALA, UGANDA | THE INDEPENDENT | Bank of Africa-Uganda (BOAUG) has unveiled its new digital campaign, “Appsolutely Eassy,” aimed at transforming how Ugandans access financial services. Launched on May 22 at its headquarters in Kampala, the campaign introduces a seamless, fully remote account opening process through the BOA Wallet App, …
Read More »Ecobank Uganda partners with Interswitch to boost digital banking and financial inclusion
KAMPALA, UGANDA | THE INDEPENDENT | Ecobank Uganda has entered into a strategic partnership with Interswitch Uganda to enhance digital banking services and promote financial inclusion across the country. The collaboration between Ecobank Uganda, a subsidiary of Pan-African banking giant Ecobank Transnational Incorporated, and Interswitch Uganda, a leading financial technology …
Read More »Blockchain will energise financial inclusion
OPINION | Francis Lutalo | Access to financial services, has increased in recent years thanks to the eruption of mobile money. Between its introduction in 2011 to date, more than 10 million accounts have been created far outstripping the banking sector’s numbers. As a result, according to a survey by the …
Read More »AI the key to greater financial inclusion
COMMENT | Andrew Kabeera | The future of financial inclusion in this country and across the world will depend squarely on how the financial industry can collect data from the millions of people who need financial services efficiently and effectively. In the last year, we at Post Bank have had the honor …
Read More »India commits $2million to boost digital financial inclusion across Africa
Kampala, Uganda | THE INDEPENDENT | The Indian government will contribute US$2 million to the Africa Digital Financial Inclusion Facility (ADFI) housed and managed by the African Development Bank to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa. Manisha Sinha, …
Read More »Ecobank group unveils App to drive financial inclusion
Kampala, Uganda | THE INDEPENDENT | Ecobank Kenya, part of Ecobank Group, the leading pan-African banking Group, has announced the launch of the Fingo Africa app, which is set to revolutionize financial inclusion for young people in Kenya and across Africa. The app was developed in close collaboration between Fingo Africa, …
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