Uganda’s Financial Inclusion Landscape Evolves with Agent Banking Company’s New Investment
- 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.
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.
