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MTN Group Fintech and MTN Uganda officials pose for a photo with Dr. Michael Atingi-Ego, Governor of the Bank of Uganda, following a high-level meeting on the future of MoMo Uganda as a standalone fintech entity. The engagement underscored shared commitment to advancing financial inclusion and strengthening Uganda’s fintech ecosystem in the wake of the recently approved structural separation.

MTN MoMo Uganda Separation Gains Momentum with High-Level Stakeholder Engagements

The structural separation of MTN MoMo Uganda, a move that will see the country’s largest mobile money business operate as an independent, Bank of Uganda–licensed fintech company is gathering significant momentum. Following
September 6, 2025
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.
Bank of Uganda Governor Michael Ating-Ego speaks during the Uganda Bankers' Association Annual Conference in Kampala. Remittances from Ugandans working overseas had by 2024, according Bank of Uganda, reached $1.5b, up from $1.1b in 2016.

Uganda’s Most Underused Asset: Why the Remittance System Needs a Total Rebuild

Imagine Amina, a young mother in Kampala, waiting every month for money sent by her brother working abroad. That money pays for her children’s school fees, medicine, and food. But sometimes, the
August 8, 2025
Driving MTN Uganda’s record-breaking year: Richard Yego (CEO, MTN MoMo), Sylvia Mulinge (CEO, MTN Uganda), and Andrew Bugembe (CFO, MTN Uganda) led the charge behind UGX 641.5 billion in profit and UGX 506 billion in shareholder dividends. Yet, looming over this strong performance is a strategic pivot that has analysts sounding the alarm: the planned spin-off of its fintech arm—MoMo—could significantly alter the company’s growth trajectory and valuation dynamics.

MTN Uganda’s Record Profits Face Uncertain Future Amid Fintech Spin-Off

MTN in 2024 delivered yet another solid year, cementing its place as Uganda’s most profitable and actively traded listed company. With double-digit revenue growth and record earnings, the telecom giant showcased operational
June 24, 2025
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Exhilarating. That’s how Jemima Kariuki sums up her two-year journey at MTN MoMo. As Chief Product Officer, she’s championed hyper-personalized, insight-led solutions that meet people where they are—from rural markets to digital storefronts—always guided by a bigger purpose: to unlock inclusive economic growth through tech-enabled financial services.

Q&A: MTN MoMo’s Jemima Kariuki Speaks About The Fintech’s Transformative Products, Customer-centric Innovations And A Future Full Of Many Possibilities

In this exclusive interview, Muhereza Kyamutetera, Executive Editor of CEO East Africa Magazine, sits down with Jemima to explore her journey at MTN MoMo, the key milestones she has achieved, and the
March 31, 2025
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Japhet Aritho, Managing Director Airtel Mobile Commerce Uganda Limited explaining to the audience how the newly launched Airtel Global Pay Card works. The Airtel Global Pay Card was launched today—a virtual prepaid card designed to provide Ugandans a secure and convenient way to make international payments.

Airtel Money and Mastercard Launch Global Pay Card, Simplifying Online Transactions for Ugandans.

Airtel Mobile Commerce Uganda Limited (AMCUL), in partnership with Mastercard, Diamond Trust Bank, Network International, has today launched the Airtel Money Global Pay Card, a virtual prepaid card designed to give Ugandans a secure and
March 4, 2025
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