Business News Technology

#40Days40FinTechs Initiative Season 5, Day 25: MobiPay is connecting farmers to inputs and ready market

Uganda is an agro based economy. As a result of this, efforts to modernize agriculture and make it much more profitable are always welcome. In the last one decade, several initiatives aimed at transforming agriculture have been rolled out. While many have yielded positive results, some failed badly. However, those focused on digitizing the agricultural […]

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#40Days40FinTechs Initiative Season 5, Day 24: Flutterwave is helping MSMEs collect payments

Many businesses in Uganda have in the last four years expanded from merely physical businesses to embracing e-commerce as a reliable way of trading. While many businesses have accepted e-commerce, most of them continue to face several hurdles when it comes to receiving and making payments. This mainly affects the micro, small and medium sized […]

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#40Days40FinTechs Season 5, Day 23: clinicPesa is enabling over 1.5 million Ugandans save for Healthcare

Though expensive, quality healthcare is a basic need and somewhat a human right! Unfortunately, in low developed countries, quality healthcare is a preserve for the rich and those connected to big organizations that offer health insurance packages. This thus leaves out the less privileged who, unfortunately are the overwhelming majority. In a move to mitigate […]

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#40Days40FinTechs Initiative Season 5, Day 22:JUMO extends digital loans to over 5 million Ugandans

The hard-economic times mean that every now and then, many people are always seeking for financial assistance. Family and friends are always the most immediate people for seeking for financial help but in circumstances where they too are broke, then borrowing from money lenders is the only way out. Unfortunately, getting money from credit institutions […]

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#40Days40FinTechs Initiative Season 5, Day 21: Trillion Looks Store is using E-Commerce and FinTech to connect Artisans to the global market

Uganda is blessed with very many quality Artisans. However, most of these are not earning as much as they would rightfully earn due to market access challenges. This market information gap is what Trillion Looks Store was established to close. It has since embedded e-commerce with financial technology (Fintech) and in so doing contributing to […]

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#40Days40FinTechs Initiative Season 5, Day 20: Village Enterprise is using FinTech to support Poverty Eradication in Africa

About 30 percent of Ugandans were living below the poverty line in 2019/20, a percentage point slightly lower than the 31 percent recorded in 2012/13. The poverty rate used in the World Bank study was based on revisions made to the poverty line by the Uganda Bureau of Statistics (UBOS) in 2021. As such, efforts […]

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#40Days40FinTechs Initiative Season 5, Day 19: ETG Inputs is making Agriculture more predictable and profitable

Agriculture remains the backbone of Uganda’s economy, but its full potential is still hindered by various challenges. These include underfunding, inaccessible inputs, climate change, limited market information, and failure to modernize. Even with all this happening, there is renewed hope as technology continues to aid the conceptualization, development, and roll-out of platforms to address these […]

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#40Days40FinTechs Initiative Season 5, Day 18: Venro Healthcare is utilizing FinTech in democratizing healthcare services

Gone are the days when the only way one would access health services was through physically visiting a healthcare facility, seeing a physician, and getting treated. Lately, you can complete the entire hospital process without visiting a healthcare facility thanks to telemedicine. Although Telemedicine has multiple definitions, it can be easily explained as a term […]

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#40Days40FinTechs Initiative Season 5, Day 17: Cyanase is using FinTech to make digital investment accessible for everyone

Advancement in Technology has come with several innovations. Today, you can almost do everything with the help of technology. Among the new things that people are doing digitally is investment. Instead of investing in tangible things (buying land, home assets, or domestic animals), technology enables one to invest in intangible yet profitable ventures. Even though […]