Uganda’s Financial Inclusion Landscape Evolves with Agent Banking Company’s New Investment
Tech In Africa | Sylvia Duruson - Sep 25, 2024
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Agent Banking CompanyGoodwell InvestmentsFlutterwaveeTranzactNALA
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AI-generated highlightsThe most relavant information from the article.
  • Goodwell Investments secures investment in ABC, enhancing Uganda's fintech potential.
  • ABC operates under a license from the Bank of Uganda as a Payment Systems Operator.
  • ABC serves 18 financial institutions and has over 15,000 bank agents across Uganda.
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The influx of international investment into Uganda's financial services sector is a promising sign of the country's potential for fintech innovation. However, it is crucial to ensure that these developments translate into tangible benefits for underserved communities, maintaining a focus on financial inclusion rather than merely profit-driven motives.
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