As the global FINCA network celebrates 40 years of tackling poverty through financial inclusion, FINCA Uganda has intensified its efforts to improve the lives of small entrepreneurs and cooperatives by offering a variety of support services that keep them on track towards self-reliance. FINCA Uganda’s microfinance services are complemented by financial education, technical assistance and
Read More
Uganda’s digital payments landscape is undergoing a transformative shift, accelerated by the COVID-19 pandemic and evolving consumer preferences prioritizing convenience, speed, and security. While mobile money has seen widespread adoption, card payments have faced challenges, including merchant surcharges at point-of-sale terminals and limited awareness regarding the advantages of card transactions. The introduction of the “Sasuza
Read More
Entrepreneurs hailing from Nigeria, Kenya and Egypt were in the top three following the final pitching session in the Grand Finale; Africa’s Business Heroes grant recipients contribute to the creation of over 123,000 direct and indirect jobs through their entrepreneurial endeavors.
Read More
Streaming platforms are partnering with mobile operators to expand in new markets while helping users save on some of the world’s highest data costs.
Read More
The new goal for African telcos is becoming technology platforms not just old goody mobile carriers with dynamic software solutions replacing traditional voice calls and SMS
Read More
In 2012, Jumia, Africa’s first ecommerce giant, revolutionised shopping by offering the service online, alongside shipping. Since then, they have grown as a market leader over the African continent. They have also gone on to list their shares on the stock exchange, in 2019. The listing went well; their stock prices surged 75% on its first day of trading. This made the company a unicorn with an over $3 billion valuation. But four years after that IPO, everything has crashed. Its stock now trades at somewhere around $4, losing nearly 70% of its value since its listing date.
Read More
In a historic moment for African football, FIFA President Gianni Infantino attended the African League Football (AFL) opening ceremony in Dar es Salaam, Tanzania. The AFL is poised to redefine club football on the continent, focusing on elevating the sport’s quality and boosting financial prosperity. This article explores the significance of the AFL and FIFA’s
Read More
Microsoft’s partnership with M-PESA Africa aims to digitally upskill Micro, Small, and Medium Enterprises (MSMEs) across Africa, bridging the skills gap and fostering economic growth. Discover how this collaboration is set to transform the future of African small businesses.
Read More
Microsoft’s partnership with Flutterwave aims to revolutionize payment solutions for African SMEs. Discover how this collaboration will drive economic growth and digital financial inclusion across the continent.
Read More
Kenya, often referred to as the “Silicon Savannah” due to its growing influence in the world of information and communication technology (ICT), continues to strengthen its position as a global tech leader. Its forward-thinking policies, favorable investment climate, and a burgeoning population of tech-savvy youth have made it an attractive destination for some of the
Read More
Equity Group has entered into an ambitious Customer Business Agreement with Mastercard based on a shared vision of empowering customers and businesses across the East African region. This strategic partnership aims to provide customers various benefits by offering different Mastercard payment solutions, including World and World Elite cards, corporate cards, and virtual cards. Moreover, it
Read More
In Northern Uganda, entrepreneurship is often a story of resilience and determination, rising above limited capital, fluctuating markets, and long distances from financial institutions. For many business owners, progress depends not only on hard work but also on finding a lender willing to walk the journey with them. Recent Customer Open Forum sessions across FINCA
Read More
Carrefour, which Majid Al Futtaim owns the exclusive rights to operate in Uganda, has officially launched its Black November 2025 campaign – a month-long shopping event offering up to 50% in all Carrefour supermarkets nationwide until 30th November 2025. Shoppers can enjoy unbeatable deals on a wide range of products, including electronics, home appliances, groceries,
Read More
Bank of Africa Uganda, in partnership with the Uganda Revenue Authority (URA) and Butabika National Referral Mental Hospital, has facilitated a fully integrated payment system to enhance service delivery and financial efficiency at the hospital. The system enables patients to settle hospital bills more conveniently, supports real-time reconciliation, and ensures seamless transfers to URA. This
Read More
The Uganda Digital Society (UDS) has entered into a strategic partnership with the National ICT Innovation Hub (NIIH), under the Ministry of ICT and National Guidance, to contribute towards ongoing efforts transforming Uganda’s innovation landscape and the country’s digital transformation journey. Together, this collaboration will strengthen Uganda’s position as a regional hub for ICT-driven innovation
Read More
Many households in Uganda are finding new ways to manage limited income in the face of rising costs. Whether it is a teacher, a boda boda rider, a market vendor, a bank teller, a cleaner, or a student, the daily routine involves careful decision making on how to stretch small amounts of money to meet
Read More
A new report by the Access to Medicine Foundation has shed light on the urgent need to improve access to care for children and young people (CYP) with type 1 diabetes (T1D) in East Africa. The report, which analyzes 11 initiatives supported by major pharmaceutical companies, reveals the stark inequities in access to diagnosis, treatment,
Read More
Agriculture remains the backbone of Uganda’s economy—employing 64% of the population and contributing up to 50% of the country’s exports. Yet, for many smallholder farmers, accessing affordable credit remains a persistent challenge. Traditional financial institutions often require collateral that rural farmers simply don’t have, limiting their ability to invest in and expand their operations.FINCA Uganda
Read More
Housing Finance Bank is proud to announce the launch of the HFB Business Clinics — a transformative platform dedicated to fostering sustainable business growth for Ugandan women as well as small and medium businesses. The business clinics are designed to provide expert advisory services, tailored financial solutions, and practical insights to support enterprises at every
Read More
Access to clean drinking water remains a significant challenge in Uganda, particularly for schoolchildren in underserved areas. According to UNICEF, approximately 30% of Ugandans lack access to safe drinking water, with schools being among the hardest hit. Data from the Ugandan Ministry of Education and Sports reveals that only 35% of primary schools have access
Read More
As the world celebrates Women this entire Month of March, a vibrant transformation is unfolding across Uganda. Women, who continuously deal with daily struggles, are now witnessing a surge of economic empowerment, fueled by community-driven financial solutions from the unwavering support of several financial institutions. FINCA Uganda is accelerating action through its different programs that
Read More
