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In The Magazine

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PostBank Uganda and MTN MoMo launch XtraCash

This innovative solution aims to address the growing demand for accessible credit, particularly for underserved and unbanked communities Kampala, Uganda | THE INDEPENDENT | PostBank Uganda and MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital micro-lending solution to extend short-term facilities to MTN mobile money subscribers. This …

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EADB provides Shs68bn to 1,500 small enterprises

The program, supported by KFW, spans the entire agricultural value chain, from input providers to farmers and traders Kampala, Uganda | THE INDEPENDENT | East Africa’s regional development finance institution, East African Development Bank, has unveiled a Shs 68 billion (USD 15.8 million) fund to support Small and Medium Enterprises (SMEs) …

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