Richard Yego

Leaders from Uganda’s digital finance ecosystem at the gnuGrid Universal Loan Checker Uganda stakeholder meeting, highlighting collaboration on responsible digital lending.
Key leaders from Uganda’s digital finance ecosystem — L-R: Japhet Aritho, CEO, Airtel Mobile Commerce Uganda Limited (Airtel Money); Richard Yego, Managing Director/CEO, MTN Mobile Money Uganda; David Opio Obwangamoi, Founder and Team Lead, gnuGrid CRB; Shakila Kerre, MSME & Fintech Financing Specialist, UN Capital Development Fund (UNCDF) and Racheal Vanesa N. Muhwezi, Manager for Microfinance Institutions, Uganda Microfinance Regulatory Authority (UMRA) — are united behind the Universal Loan Checker. Their shared commitment to transparency, interoperability and responsible lending signals a major step toward safer borrowing, stronger portfolios and greater trust across the digital credit market.

gnuGrid CRB Set to Unveil Uganda’s First Cross-Network Digital Loan Checker

For years, Uganda’s digital lending sector has expanded at breathtaking speed, but without the underlying visibility required to support responsible growth. Borrowers have increasingly turned to mobile money as their main source
MTN CEO Sylvia Mulinge, MTN Mobile Money Managing Director Richard Yego, and M-PESA Africa Managing Director Sitoyo Lopokoiyit. The three agree that now that Africa has already proven it can leapfrog barriers, the next frontier is to ensure that the systems it builds are safe, transparent, and human-centered.
MTN CEO Sylvia Mulinge, MTN Mobile Money Managing Director Richard Yego, and M-PESA Africa Managing Director Sitoyo Lopokoiyit. The three agree that now that Africa has already proven it can leapfrog barriers, the next frontier is to ensure that the systems it builds are safe, transparent, and human-centered.

Africa’s Fintech Future: Sylvia Mulinge, Sitoyo Lopokoiyit & Richard Yego on Building Africa’s Trust Economy

A decade ago, Africa’s fintech revolution began as a response to one of the continent’s most persistent challenges: access to finance. In 2011, only 23% of people in sub-Saharan Africa had access
October 30, 2025
M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.
M-PESA Africa Managing Director Sitoyo Lopokoiyit speaks at the 2025 Fintechs Annual Gathering in Kampala, urging Africa to shape its own digital destiny through innovation, youth empowerment, and regional collaboration.

Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring. From personal
October 24, 2025
MTN Uganda has long been a dominant force in the country’s telecom sector, but over the past two years, the company has entered a new era of accelerated and multidimensional growth, powered by a dynamic Executive Committee and the transformative leadership of CEO Sylvia Wairimu Mulinge.

The Big Yellow Machine: Meet the MTN Exco Team Driving the Telecom’s Accelerated Growth

Behind every billion-shilling leap in revenue, every surge in subscriber numbers, and every bold Fintech innovation at MTN Uganda is more than just strategy—it’s a story of people. A story of a
Uganda's financial landscape has undergone a revolutionary transformation, with mobile money evolving from a novel concept to a colossal economic engine.

The Mobile Phone @30: The Mobile Money Economy; UGX Trillions in Motion

In May 2021, Bank of Uganda issued two licenses to Airtel Mobile Commerce and MTN Mobile Money to conduct various money transfer and payment services. The licenses were partly intended to implement
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 Delivers UGX 1.4 Trillion in Dividends Since Listing, Driving 62% Total Shareholder Return in Just Three Years

As Uganda’s largest telecom company, MTN Uganda is not only connecting millions of people to voice, data, and digital financial services but also delivering strong returns to its investors. In 2024, the
April 1, 2025
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
PostBank Uganda, Managing Director, Julius Kakeeto (2nd L) PostBank Uganda Executive Director, Andrew Kabeera (L), joined by Richard Yego (C), Chief Executive Officer of MTN MoMo and other officials during the launch of Xtracash, a digital Micro Lending solution that is positioned to extend short term facilities to MTN mobile money subscribers financed by PostBank Uganda. The launch was held today, 27th September 2024 at Kingdom Kampala at Wendi by PostBank Uganda Offices.

PostBank, MTN MoMo Partner to Usher More Ugandans into the Money Economy Through the XtraCash Product

PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital micro lending solution that is positioned to extend short term facilities to MTN mobile
September 27, 2024

 

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