Digital Economy

Digital EconomyOpinion

PostBank’s mobile wallet worthy addition to financial inclusion arsenal, says BoU deputy governor

Central Bank deputy governor advised PostBank to ensure that its Wendi platform is efficient, reliable, user-friendly, and secure to protect user data
Michael Atingi-Ego, deputy governor Bank of Uganda, stands with other officials at the launch of PostBank's Wendi mobile platform, 1 November 2023
Digital Economy

Uganda drops nine places in global digital well-being ranking

Only five out of 121 countries in a global ranking of digital well-being have it worse than Uganda in terms of internet affordability
CompaniesDigital Economy

Fintech startup raises seed funding to step up low-cost credit to farmers

Venture capitalists have provided $2.4mn to Emata, a Ugandan financial technology startup that provides low-cost digital loans to farmers through partnerships with cooperatives
Digital Economy

Remarks by BoU deputy governor on fintech’s role in reshaping the banking sector

Bank of Uganda deputy governor urges banks to adapt to technological innovation to remain relevant and competitive
Digital Economy

From brain drain to digital gain: remittances transforming global economic dynamics

Digital remittances thrive amid brain drain, transforming economies, funding growth, and mitigating financial vulnerabilities
Smartphone screen showing a comparison of money transfer services
CompaniesDigital Economy

Nation Media Group to slash staff in major restructuring

Nation Media Group Uganda, the media company, plans to dismiss staff as part of a restructuring seeking to "accelerate our digital transformation" and in response to effects of the Covid-19 pandemic
A newsroom
Digital EconomyOpinion

Digital economy: Airtel Uganda’s role in the transformation of the telecom sector

The most significant change in the last decade has been the transformation of telecom networks from voice to data, and from data to digital. Airtel has pioneered this initiative, achieving 100% 3G connectivity and following this up with 100% 4G LTE across all its sites
A mobile phone mast
Digital EconomyPolitics & Policy

How infrastructure sharing can help lower data prices in Africa

Africa has the world's most expensive internet prices and lowest data speeds; rethinking how telecom masts are sited and used could help reduce the costs of internet provision and increase accessibility
A mobile phone mast
Digital EconomyOpinionPolitics & Policy

Digitisation and entrepreneurship will propel African industrialisation, defying naysayers

The dominant narrative is that industrialisation in sub-Saharan African is declining and less relevant. But this ignores growing trends such as new technologies and a vibrant entrepreneurship scene
Students in an introductory programming class at Outbox, an incubator, innovation lab and co-working space in Kampala
Digital EconomyOpinion

Internet shutdowns don’t work and are expensive

In Uganda and Burkina Faso shutting down the internet increased the profile of the causes being agitated
Closeup photo of ethernet cables
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