The two-week intensive training which was held at MTAC Mbale Campus and Mahanga Senior Secondary School in Nagongera Sub County in Tororo District, was delivered in collaboration with the Maendeleo Foundation, providing participants with foundational ICT skills, empowering them to explore opportunities in education, entrepreneurship, and employment.

The graduation ceremony follows similar graduations in Western Uganda, where 378 youth, including 217 women, completed the program in September, and in Northern Uganda, where over 100 individuals graduated last month.

Allan Njagala, MTN Uganda’s Head of Commercial Eastern Region, speaking at the graduation ceremony at the MTAC Mbale Campus, underscored MTN’s ongoing commitment to ensuring inclusivity and diversity in the digital space. “We firmly believe that everyone, regardless of background, should have access to the benefits of a modern, connected life,” he said. “This initiative is more than just about teaching digital skills, it is about empowering individuals, embracing diversity, and ensuring a future where all Ugandans can thrive in the digital economy.”

The Digital Literacy Program aligns with MTN Uganda’s Ambition 2025 Strategy, focusing on driving nationwide digital and financial inclusion. This initiative also supports Uganda’s Vision 2040, National Development Plan III, and the United Nations Sustainable Development Goals, contributing to a more equitable and inclusive digital economy.

Since its inception in 2022, MTN’s Digital Literacy Program worth UGX500 million has reached out to 4,224 Ugandans, including 2,009 women and 2,215 men, across three phases. The program is set to continue its expansion with the goal of empowering one million young people by 2025 through the MTN Skills Academy.

Meanwhile, the graduation ceremony also featured a quiz for the graduates, with top performers receiving laptops and internet access to further enhance their digital learning experience.

The Inspector of Schools for Mbale City, Wangwe Moses applauded MTN Uganda for the digital literacy program and said it aligns perfectly with the country’s National Digital Transformation Roadmap, Vision 2040, and the National Development Plan III.

See also: ITU Secretary-General, Doreen Bogdan-Martin applauds Uganda’s digital transformation roadmap

“To the graduates, this graduation marks the beginning of your journey. The skills you have gained are tools to shape your future and uplift your communities,” Wangwe said. “I encourage you to continue learning and exploring. Technology evolves rapidly, and with it, so do opportunities.” Adding “Embrace this dynamic world with curiosity and determination. Seek to innovate, collaborate, and contribute solutions that address the challenges faced by your communities.”

In support of the Digital Literacy Program, MTN Uganda has also established 57 ICT labs across educational institutions nationwide designed to provide thousands of students with access to state-of-the-art digital resources and learning opportunities.

The post 253 Youth in Eastern Uganda Graduate From MTN’s Digital Literacy Program appeared first on PC Tech Magazine.

MTN Group Fincommerce is a subsidiary of MTN Fintech Group that developed the e-commerce platform in partnership with MTN MoMo Uganda and in collaboration with Mastercard.

Market by MoMo is a one-stop digital marketplace that allows Ugandans to buy and sell a wide range of genuine products from electronics to groceries, fashion, beauty, fitness products, home & office, mobile phones and tablets, computing, appliances, and more while benefiting from reliable services, flexible payment options, and prompt deliveries.

This new platform represents a significant step forward in Uganda’s digital economy, offering customers and merchants a streamlined and secure way to engage in e-commerce.

Speaking at the official launch in Kampala, Brian Mutungi, e-commerce Country Lead of MTN Group Fincommerce, emphasized the transformative potential of Market by MoMo. “Market by MoMo combines a variety of product categories, flexible payment options, and user-friendly shopping features, making it a game-changer for Uganda’s e-commerce sector,” he said. “This launch aligns with our vision of leading digital solutions for Uganda’s progress.”

Mutungi noted that Market by MoMo will enable Ugandan traders to expand their reach and grow their businesses by exposing their products to millions of potential customers. On the other hand, consumers will enjoy a variety of products with a seamless and convenient shopping experience that includes easy access and transparent pricing among other multiple perks.

MTN Uganda’s General Manager of Sales and Distribution; Joseph Bogere described the launch of Market by MoMo as a step toward building a more equitable, connected, and empowered society. “As MTN, we are inspired by our vision that everyone, regardless of their background, deserves the benefits of a modern, connected life,” he said. “It’s a vision that drives us every day to push boundaries and innovate so that we can create a brighter and more inclusive digital future.”

Sylvia Mulinge, MTN Uganda CEO said the launch reflects the steady and purposeful progress the company has made, highlighting the power of collaboration. “Together, we’ve woven partnerships that drive innovation, build capacity, and deliver real, tangible benefits to people across Uganda,” she noted.

Meanwhile, MTN MoMo (U) Limited Chief Finance Office; Sarah Bateta Okwi, speaking on behalf of the Chief Executive MTN MoMo (U) Limited; Richard Yego highlighted how the partnership Market by MoMo would enhance the MoMo consumer value proposition for MTN mobile money, beyond person-to-person transfers, payments, savings, and loans.

“Beyond the convenience that Market by MoMo is bringing to Ugandan shoppers, this proposition is expanding the market and opening new opportunities for traders and sellers, complimenting physical foot traffic with online sales,” said Okwi on behalf of Yego.

Executive Vice President, of Market Development, EEMEA at Mastercard Amnah Ajmal stated, “Consumers across the board are now presented with increased choices and it is important for companies to ensure their experiences are safe, secure, and seamless.”

“Through this collaboration with MTN Group Fintech, we are proud to enable local businesses and consumers in Uganda to participate fully in better shopping experiences.  Market by MoMo is a significant step forward in creating economic opportunities and digital inclusion, aligning with Mastercard’s vision for a more inclusive, digital Africa,” Ajmal added.

The platform’s official launch kicks off with a series of unbeatable offers and discounts starting with the upcoming Black Friday offers and the festive season offers this December. Customers will enjoy discounts of up to 60% on select product categories.

“The e-commerce sector is a rapidly growing segment of the global economy. By launching Market by MoMo in Uganda, MTN is diversifying our product offerings and empowering Ugandans to join the digital transformation journey, contributing to our nation’s economic growth,” said Mutungi. “Together, we are setting the foundation for a more connected, more digital, and more inclusive Uganda.”

The launch of Market by MoMo underscores MTN Group Fintech’s commitment to driving digital innovation, fostering entrepreneurship, and creating a trusted, secure, and customer-focused experience for Ugandans nationwide. As Uganda’s e-commerce landscape evolves, Market by MoMo is poised to bridge traders and consumers in Uganda’s expanding digital economy.

See also: MTN MoMo launches new campaign to empower SMEs

The post MTN Launch a New e-Commerce Platform, “Market by MoMo” to Drive Uganda’s Digital Economy appeared first on PC Tech Magazine.

MTN MoMo offers a wide range of services, including a robust credit ecosystem that enhances financial access and supports economic growth across the country. Through partnerships with respected financial institutions like NCBA, KCB, PostBank Uganda, and Jumo, MTN MoMo has brought to the customers several innovative products—such as MoKash, MoPesa, XtraCash, MoMo Advance, Mosente, and XtraStock. These offerings meet the diverse financial needs of our customers, from personal loans for individuals to credit options for small businesses, helping millions of unbanked and underserved citizens simply by dialing 165*5# and following prompts.

Imagine a small shop owner easily ordering new stock or a boda-boda rider obtaining a microloan to purchase another motorcycle. With services like MoKash, MoSente, and Xtracash, customers can access savings, credit, and overdraft options. MTN MoMo has also expanded its network of providers by incorporating KCB, PostBank, and Jumo through the launch of MoPesa, XtraCash, and Mosente respectively. However, to encourage responsible borrowing, customers can only take credit from one provider at a time and must pay off any previous debts before accessing new credit.

The impact of MTN MoMo goes far beyond individual users. Its Zimba Business service is specifically designed to support small enterprises by providing quick loans and enabling seamless merchant-to-merchant payments. For small business owners, accessing financial resources has never been easier. By dialing *155# and selecting “Get Loans,” entrepreneurs can secure the funds they need to manage their cash flow effectively, pay suppliers on time, and grow their operations without a heavy reliance on cash transactions. This service not only empowers entrepreneurs but also enhances the overall efficiency of business operations in Uganda.

MTN MoMo’s innovations too play a crucial role in the broader economy. By offering easy access to credit, the platform boosts economic activity, creates jobs, and helps reduce poverty. It fosters a culture of entrepreneurship, enabling small businesses to thrive and contribute to the nation’s economic development. As these businesses grow, they create employment opportunities, stimulate local economies, and enhance the overall standard of living in communities across Uganda.

See also: MTN MoMo launches new campaign to empower SMEs

The success of MTN mobile money is evident in the burgeoning fintech sector in Uganda. For instance, in the recently released interim results for 9 months of 2024 alone, the number of MTN MoMo users surged by  13.2%, reaching an impressive 13.2 million. Transaction volumes also rose significantly, increasing by 25.1% to 3 billion transactions valued at UGX114.5 trillion. These statistics underscore how MTN MoMo is enhancing financial access for millions of Ugandans, enabling them to participate more fully in the economy and improve their quality of life.

MTN believes that everyone should enjoy the benefits of a connected life, with access to financial services being a vital part of that vision. The evolution of MTN MoMo’s credit ecosystem reflects this commitment, empowering individuals and businesses to overcome financial challenges and seize new opportunities. By continually expanding its service offerings and refining its credit solutions, MTN MoMo is ensuring that financial inclusion remains at the forefront of its mission.

In addition to individual empowerment, MTN MoMo is also contributing to the development of a more robust financial infrastructure in Uganda. By integrating various financial services and promoting responsible borrowing practices, MTN MoMo is not just facilitating transactions; it is nurturing a sustainable financial ecosystem. This environment supports innovation and encourages the development of new financial products tailored to meet the needs of diverse consumer segments.

MTN MoMo is therefore more than just a mobile financial service; it is an essential player in Uganda’s economic growth and digital transformation. By facilitating access to crucial financial resources—including savings, credit, overdrafts, utility payments and school fees payments —MTN MoMo stands as a central hub in the financial lives of Ugandans.

It’s commitment to promoting inclusivity and economic prosperity is evident in its various initiatives, empowering individuals and small businesses alike. As Uganda continues to embrace digital innovation, MTN MoMo is poised to remain a cornerstone of the nation’s journey towards financial inclusivity and economic development.

Editor’s Note: The writer of this article Jemima Kariuki-Njuguna is the Chief Product Officer at MTN Mobile Money (U) Limited.

The post OP-ED: MTN MoMo, Bridging the Gap Between Ugandans and Financial Service appeared first on PC Tech Magazine.

Wakanet Fiber and Business Internet Fiber packages have been increased by up to 6 times with the entry package bumped up from 10Mbps to 60Mbps at the same competitive price of UGX130,000 monthly. Customers with heavier needs can opt for 100Mbps, 200Mbps, and a top-tier package offering 500Mbps. In addition, all fiber packages offer unlimited data, with no usage caps.

MTN Uganda General Manager for Growth and New Business, Mr. Franklin Ocharo emphasized the telco’s commitment to customer satisfaction saying, “At MTN Uganda, we believe that everyone deserves access to reliable and high-speed internet, whether they are relaxing or working from home.” Adding, “Our new WakaNet pricing and service enhancements reflect our dedication to providing affordable, top-quality broadband solutions that meet the needs of our customers across the country. This is all part of our broader mission under Ambition 2025, to connect every Ugandan to the benefits of a modern, connected life.”

These updates align with MTN’s Ambition 2025, to provide access to high-quality digital services to everyone regardless of their location or usage requirements. Through WakaNet, MTN continues to improve the home internet experience across Uganda, offering reliable, high-speed internet tailored to meet the diverse needs of its customers.

MTN has also made reliable high-speed internet access for customers outside fiber coverage available by making the 5G router available for FREE upon purchase of a 5G package starting at UGX130,000 monthly, which now comes packaged with battery backup to enable customers to remain connected in case of a power outage.

To make high-speed internet more affordable and accessible to all Ugandans, 4G routers are now available for purchase at UGX99,000, with affordable data packages starting at UGX55,000 monthly. In addition, customers can access the WakaNet MiFi at UGX50,000 and receive 5GB free on sign-up. MTN has also introduced Gaga bundles for MiFi devices, catering to the growing demand for flexible and affordable data options.

With the superior internet connectivity solutions offered by Wakanet, customers can enhance the security of their homes with security cameras availed by MTN. The security cameras, available for both indoor and outdoor use, provide a comprehensive security solution that integrates seamlessly with WakaNet, allowing customers to monitor their homes remotely in real time.

The post MTN Revises its WakaNet Home Broadband Service, Offers Price Cuts and More Speeds appeared first on PC Tech Magazine.

This initiative aims to support the 392 students aged 13 to 20 at St. Joseph Seminary Nyenga, equipping them with the essential tools needed to thrive in today’s digital landscape.

“This is not just about handing over the equipment, it’s about opening doors to knowledge and opportunities for our youth,” said MTN Foundation Senior Manager Bryan Mbasa. “We believe that everyone, regardless of their background, deserves the chance to benefit from a modern connected life. This donation is a vital step in empowering the next generation of leaders, innovators, and problem solvers.”

The Rector of St. Joseph Seminary Nyenga Fr. Eugene Safari expressed gratitude for MTN Uganda’s generous support saying “The commitment to providing us with a fully equipped computer lab truly highlights its dedication to empowering our future leaders with the skills they need to thrive in today’s digital world.”

Dr. Monsignor Richard Kayondo, the Vicar General of Lugazi Diocese said the lab will give the students access to modern technology and digital resources, helping to cultivate a skilled and tech-savvy workforce for a brighter tomorrow. Monsignor, who doubles as the Chairperson Board of Directors, St Joseph Seminary Nyenga, urged seminarians to use the computer lab responsibly.

Mbasa noted that access to technology is only the beginning and the real impact comes from how students utilize these resources —while encouraging students and teachers to embrace this opportunity to explore, learn, and prepare for their futures.”

The donation aligns with MTN Uganda’s Ambition 2025 Strategy, which focuses on driving digital transformation across the country. This initiative also supports Uganda’s Vision 2040 and the United Nations Sustainable Development Goals by promoting digital literacy and capability nationwide.

As part of its Digital Access Program, MTN Uganda is investing over UGX390 million this year to establish computer labs in various schools and communities across Uganda, including St. Catherine Girls Secondary School and Tunaweza Foundation, making St. Joseph’s Seminary Nyenga, the third beneficiary

Also read:

• • MTN Foundation launches the second cohort of the MTN ACE program, welcoming 154 fellows
  • MTN Foundation, UCU partner to equip students with digital skills

Schools set to benefit from this initiative include Revival Girls in Mbarara District, and St. John’s Secondary School in Sheema District as well as Code Campus a digital literacy community organization operation in the slums of Kampala.

MTN Uganda has so far established over 57 ICT labs in educational institutions nationwide, including six technical institutes including Amelo Technical Institute (Adjumani), St. Simon Peter’s Vocational Training Centre (Hoima), Millenium Vocational Training Centre (Hoima), Uganda Technical Institute (Masindi), Kasese Polytechnic, and St. Daniel Comboni Polytechnic (Moroto).

The post MTN Commits to Bridge The Digital Gap at St. Joseph Seminary Nyenga appeared first on PC Tech Magazine.

Stephen Mutana, the Chief Strategy and Stakeholder Officer at MTN Mobile Money (U) Limited expressed his enthusiasm for the new cohort. “We are proud to welcome these talented individuals to the MTN Ace Program,” he told the press. “We are committed to empowering the next generation of entrepreneurs and innovators to create sustainable solutions for their communities —through initiatives like this.”

The selected fellows will commence their training in the coming weeks.

The training is divided into three key phases: the ACE Skilling Program, which offers foundational skills in essentials of computing, technical, and soft skills; ACE Career, which provides fully paid internships for 3 months; and ACE Enterprise, a business incubation phase designed to nurture startups that cover 6 months.

Participants will first complete a three-month online training program under the ACE Skilling phase, which focuses on essential technical computer skills and soft skills. Top-performing fellows will either advance to the ACE Career or ACE Enterprise pathways, where they will be evaluated for internship placements or business incubation opportunities.

The MTN ACE Program continues to position itself as a critical tool in addressing youth unemployment in Uganda. With 75% of the country’s population under 30 years and a youth unemployment rate of 13.3%, programs like MTN ACE are essential in equipping youth with the skills necessary for job creation and innovation.

In collaboration with key partners, including the Ministry of ICT & National Guidance, MUBS Entrepreneurship, Innovation and Incubation Centre, Centenary Technology Services, Engage Consult, the National ICT Innovation Hub, and MTN Mobile Money (U) Limited, MTN is committed to supporting youth-led startups, enhancing employability through digital skills for digital jobs, and bridging gaps in the country’s digital and entrepreneurial ecosystems.

Steven Kirenga, the General Manager of Product & Business Development and Customer Experience at Centenary Technology Services expressed enthusiasm about assisting youth in acquiring technical skills that will empower them to establish their businesses.

“We are excited about helping the youths with technical skills that will enable them to create their enterprises,” said Kirenga —while he emphasized that the MTN ACE program will be anchored in the Digital Transformation Roadmap, guiding participants to focus their innovative ideas on national priority sectors such as commercial agriculture, oil and gas, tourism, health, manufacturing, ICT, etc.

Dr. Diana Nandagire Ntamu, Director at the MUBs Entrepreneurship, Innovation, and Incubation Centre also applauded MTN Uganda for the program in preparing the youths for the job market.

“Over time, we have recognized that while universities offer a strong theoretical foundation, they often fall short in equipping students with the practical skills needed to thrive in the workforce,” she said. “That’s why we are committed to providing our fellows with the essential skills that will empower them to succeed in their careers.”

As part of its long-term strategy, MTN Foundation remains dedicated to uplifting communities and empowering youth across Uganda through impactful initiatives like the MTN Ace Program. Now in its second phase since its launch in December 2022, the Program, with an investment of UGX 2.17 billion aims to empower graduates, small and medium enterprises (SMEs), and innovators by delivering practical knowledge, skills, and experiences. The goal is to prepare participants to address their communities’ pressing challenges using innovative ICT solutions.

Mutana also emphasized that the program is closely aligned with the company’s Ambition 2025 Strategy, Uganda Digital Transformation Roadmap, Uganda’s National Development Plan III, and the United Nations Sustainable Development Goals, particularly in promoting inclusivity, diversity, and equity.

Last year, MTN Uganda accepted 280 fellows into the program, with 185 graduating across the three disciplines. Over the years, MTN has remained committed to empowering youth by offering various training opportunities through platforms such as the MTN Skills Academy, which helps young people undertake digital skills for digital jobs and realize their full potential while making positive contributions to their communities and the nation.

The post MTN Foundation Launches Second Cohort of the MTN ACE Program, Welcoming 154 Fellows appeared first on PC Tech Magazine.

“During his 7 years of service, Mr. Somdev Sen has been a transformative leader at MTN Uganda, driving significant growth through customer engagement initiatives, data-driven strategic insights, and key marketing campaigns,” MTN said in a press statement. “He’s efforts have resulted in remarkable business achievements, including doubling MTN Uganda’s customer base in the last six years.”

Ms. Sylvia Mulinge, MTN Uganda CEO said the company is proud of all of Somdev’s accomplishments and they are confident that he will continue to achieve great things in his new role as the Chief Digital and Commercial Officer for MTN Rwanda.

Somdev’s contributions have driven the company’s growth and his passion and dedication have left a lasting impact on MTN Uganda.

Somdev during his time with the Telco has led the execution of some of the most iconic MTN Marketing campaigns such as Uganda is Home, MTN Senkyu, MoMo Nyabo, Wesotinge, and the ongoing MTN brand thematic campaign; Together we’re Unstoppable among others.

Also read:

• • Q&A with Somdev Sen about ‘Senkyu’, MTN Uganda’s loyalty program
  • Real lives impacted by MoMo Nyabo Promo — Somdev Sen, MTN Uganda CMO
  • Wesotinge with MTN MoMo: A dive into financial solutions for all
  • MTN launches 2023 thematic campaign: “Together, we are Unstoppable”

In his parting remarks, Somdev said, “I am extremely honored to have served MTN Uganda in three distinct roles. I am grateful for the amazing team and the wonderful people of Uganda with whom I have had the great pleasure of working.” Adding “As I move on to my new role, I am confident that you shall keep being unstoppable.”

The post Somdev Sen: I’m Extremely Honored to Have Served MTN Uganda appeared first on PC Tech Magazine.

Through the Gaga campaign and other 5G initiatives such as Wakanet 5G, MTN Uganda is leading the charge towards 5G data liberalization, ensuring that this transformative technology isn’t just available to the elite but is accessible to every Ugandan. By making 5G affordable, MTN is empowering individuals and businesses to harness the full potential of the internet —whether it’s for education, work, or entertainment.

Somdev Sen, the MTN Uganda Chief Marketing Officer notes that with the ongoing Gaga campaign, MTN Uganda is not just introducing a faster internet connection but rather opening the door to new possibilities, helping individuals and businesses step into the future.

“We believe that connectivity is a key driver of development. Our investment in 5G is a testament to our vision of bringing world-class internet to Ugandans,” said Somdev. “With the affordable 5G bundles through the Gaga campaign, we are ensuring that everyone —whether a student, an entrepreneur, or a large enterprise —can access the fastest internet at the most affordable price.”

See also: We’re demonstrating to Ugandans that 5G is no longer just an idea, it is here — MTN Uganda

5G’s transformative potential lies in its ability to deliver low latency and massive bandwidth, making it a game-changer for key industries. In sectors like logistics, manufacturing, and retail, 5G enables seamless integration of advanced technologies such as AI, IoT, and smart solutions, improving productivity and efficiency. Small and medium enterprises (SMEs) also stand to benefit from these new digital tools, enabling them to access broader markets and scale their operations.

For individual users, MTN’s affordable 5G bundles unlock new possibilities. Students can access educational content in real time, regardless of location, while remote workers can hold virtual meetings with ease. Gamers, content creators, and entertainment enthusiasts will appreciate the lag-free experiences, faster downloads, and uninterrupted streaming that 5G offers. This high-speed connectivity promises to revolutionize learning, work, and leisure for many Ugandans.

Since the official 5G launch last year, MTN has significantly invested in expanding 5G infrastructure nationwide. This has resulted in the rollout of 5G towers across the country, ensuring reliable and fast connectivity. With over 538 5G sites now operational, MTN is helping Uganda leap into the future with world-class internet that accelerates innovation, business growth, and education.

MTN Uganda’s broader vision for 5G is rooted in data liberalization. By making 5G accessible to all, MTN aims to foster a future where connectivity is no longer a privilege but a right. The Gaga campaign exemplifies this vision by offering affordable 5G bundles in urban and rural communities, thus democratizing access to next-generation technology.

This push for universal connectivity is not just about faster internet. The spread of 5G will revolutionize healthcare, education, entertainment, and other key sectors, opening doors to new digital solutions and more efficient service delivery. Businesses of all sizes will be empowered to thrive in a fast-evolving digital marketplace.

Also read:

• • 5G Revolution: MTN Uganda’s bold step towards connectivity
  • How 5G compares to 4G and fiber — Yasin Ramadhan
  • 5G is key to Africa’s business success, experts urge

With MTN’s continued investments in 5G infrastructure and affordable data solutions, the impact of this technology will extend to more regions across Uganda. As technology spreads, the digital evolution it brings promises to transform how people work, learn, and connect.

Through this expansion, MTN Uganda is reinforcing its leadership in the telecom industry. With its 5G network, MTN is not just delivering faster internet but creating a brighter future, where technology is the driving force behind economic development and social inclusion. As more Ugandans gain access to 5G, the country is set to experience profound changes, with connectivity driving growth and innovation.

“The Gaga campaign is a clear testament to MTN Uganda’s mission to make high-speed internet and cutting-edge technology available to all. As 5G continues to gain momentum across the country, individuals and businesses alike are set to benefit from the vast opportunities it provides, ensuring that Uganda remains at the forefront of the digital revolution,” Somdev said.

As 5G continues to spread across Uganda, it promises to accelerate the country’s economic and digital transformation, ensuring that no one is left behind in the digital revolution.

The post MTN Makes its 5G Internet Affordable in the Latest Gaga Campaign appeared first on PC Tech Magazine.

“We are excited to collaborate with MTN MoMo on the XtraCash solution, a product that delivers convenience and speaks to our purpose of fostering prosperity for Ugandans. This product is here to extend support to the millions of Ugandans who rely on mobile money for their everyday transactions,” PostBank Uganda, Managing Director, Mr. Julius Kakeeto, said at the launch of the new service.

Kakeeto emphasized the bank’s commitment to going as far as forming partnerships with stakeholders like MTN MoMo with whom they share the same vision of growth and fostering prosperity for Ugandans by ushering them into the money economy.

“When we say ushering Ugandans to the money economy, we mean revolutionizing the way people have access to money, that is, anytime and anywhere or as and when they need it,” said Kakeeto. “We are cognizant that people always run out of cash and need some XTRA Cash to keep them running, this is why we are here today, to introduce a solution that will ensure that our customers’ needs are catered for.”

XtraCash is accessible through MTN mobile money with PostBank as the financial partner providing customers with support by extending micro-loans for everyday financial needs. The innovative solution aims to address the growing demand for accessible credit, particularly for underserved and unbanked communities.

In his remarks, Mr. Richard Yego, the Chief Executive of MTN MoMo, said, “XtraCash is another step forward in our mission to provide reliable, easy-to-use, and secure financial solutions to millions of Ugandans who depend on mobile money every day. We are proud to collaborate with PostBank Uganda, a partner that shares our vision of creating financial products that serve all Ugandans.”

Yego shared that MTN MoMo is committed to driving financial inclusion and ensuring that every Ugandan has access to financial services, regardless of their location or economic standing. He also emphasized the critical role that financial services like XtraCash play in empowering underserved and unbanked populations.

“By making micro-loans easily accessible to users, we are providing financial relief and opening doors to opportunities that can improve livelihoods and support businesses,” said Yego. “We believe this solution will have a significant impact on the day-to-day lives of many Ugandans by ensuring that they can access funds whenever they need them, especially in times of urgent need.”

XtraCash highlights MTN Mobile Money Uganda Limited’s commitment to financial inclusion and innovation, reinforcing the collaborative effort between both institutions in delivering impactful solutions to the Ugandan market.

To qualify for the XtraCash loan, one must be 18 years or older, an active MTN mobile money user for at least six (6) months, and maintain regular usage of MTN MoMo. Eligible users can use the MTN MoMo App or use the USSD code by dialing *165*5#, selecting XtraCash, and instantly checking the maximum loan limit they can access.

In addition to XtraCash, PostBank and MTN MoMo have previously partnered to disburse funds to the last mile beneficiary through Wendi mobile wallet as well as MOMO advance which are all aimed at driving financial inclusion by bringing and keeping more Ugandans in the money economy.

The post PostBank, MTN MoMo Launch a Digital Micro Lending Solution appeared first on PC Tech Magazine.

For the first time, the census data was collected, processed, and analyzed digitally, enabling UBOS to release preliminary results in a record-breaking time of just one month. This rapid turnaround represents a significant improvement over the manual processes used in previous censuses, which could take months, if not years, to finalize.

This remarkable achievement was facilitated by UBOS’s partnership with MTN Uganda, a key enabler in the country’s digitalization journey. The telco provided the critical digital infrastructure required for seamless data collection through its extensive network and advanced digital technologies.

Highlighting the role of MTN Uganda during the census, Ivan Atwiine, Head of Digital Solutions at UBOS said, “MTN provided internet access at our data center, enabling us to conduct more advanced analyses and secure cloud storage as a backup solution.” He added, “We appreciate the support from MTN and thank them for playing their role in the digital transformation of Uganda.”

“For us as digital players in the market, underscoring the significance of such partnerships in shaping Uganda’s digital future,” concludes Atwiine.

The introduction of digital tools in the census process reduced the time & effort required to gather data increasing accuracy, and security, ensuring that the final data set is more reliable. This was a critical step in ensuring that Uganda can access accurate population insights faster, aiding in better planning and policy-making at both the local and national levels.

As one of the key drivers of Uganda’s digital transformation, the telecommunication firm continues to invest heavily in infrastructure and technologies that enable institutions like UBOS to embrace digital solutions. These investments align with MTN’s commitment to lead digital solutions for Uganda’s progress, which encompasses digital innovations that enhance operations for public and private sector players under the initiative “business done better”.

See also: ITU Secretary-General, Doreen Bogdan-Martin applauds Uganda’s digital transformation roadmap

As Uganda celebrates the success of its first digital census, the implications extend far beyond this single project. The efficiency and accuracy demonstrated by UBOS offer a blueprint for other digital initiatives, from e-governance to healthcare digitization.

Moving forward, UBOS and MTN’s collaboration could serve as a model for other public sector players looking to harness technology for public sector innovation.

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