Wakandi and Airtel Money Forge Alliance to Digitally Transform Uganda’s Informal Economy

Strategic collaboration between Wakandi and Airtel Money aims to revolutionize Uganda’s financial landscape, fostering inclusion and transparency.

Wakandi, a SACCO aggregator integrated with Airtel Money, has unveiled its groundbreaking collaboration with the Ministry of Trade, Industries, and Cooperatives. This strategic partnership aims to revolutionize Uganda’s financial landscape by digitally transforming the informal economy.

Speaking at the partnership launch, Espen Kvelland, Wakandi Group CEO, emphasized that the collaboration’s goal is to drive financial inclusion and transform Uganda’s informal economy.

The purpose of this collaboration is to transform the financial landscape in Uganda by transforming the informal economy.

Espen Kvelland, CEO, Wakandi Group

Japhet ARITHO, MD of Airtel Mobile Commerce (U) Ltd, spoke about Airtel Money’s commitment to addressing financial inclusion challenges through strategic partnerships and technological advancements.

Airtel Money wants to solve the challenges of financial inclusion through partnerships like these and financial technology advancements like the open API.

Japhet ARITHO, MD, Airtel Mobile Commerce (U) Ltd

He elaborated on the impact of Airtel Money’s open API launch, emphasizing the accessibility it provides for anyone to connect to their system and digitize payments.

This year, Airtel Money went on an aggressive journey of launching the open API. Anybody can connect to our system and digitize their payment.

Japhet ARITHO, MD, Airtel Mobile Commerce (U) Ltd

The State Minister for Cooperatives, Hon. Fredrick Ngobi Gume, emphasized the importance of transparency as the cooperative movement grows.

This partnership is important because as the cooperative movement grows, it needs systems that enable transparency.

Hon. Fredrick Ngobi Gume, State Minister for Cooperatives, Uganda

Deputy Head of Mission – Royal Norwegian Embassy, Ole Reidar Bergum, highlighted the partnership’s significance in fostering bilateral opportunities between Norway and Uganda.

This partnership is a testimony of the opportunities that Uganda has to offer for trade. Digitalization is the future, and this solution provided by Wakandi will build trust in financial services.

Ole Reidar Bergum, Deputy Head of Mission, Royal Norwegian Embassy

In conclusion, the partnership between Wakandi and Airtel Money, unveiled at Serena Hotel, marks a pivotal moment in Uganda’s journey towards financial inclusion and digital transformation. As stakeholders join forces to address challenges and embrace technological advancements, the future promises increased accessibility, transparency, and financial opportunities for all.

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