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Rashmi Pillai will become Chief Executive Officer of Financial Sector Deepening (FSD) Kenya in February 2026, succeeding Tamara Cook, who has led the organisation since 2019. Pillai is a global executive with more than 19 years of experience in impact investing and digital financial services. She is an expert in inclusive and competitive financial markets development and co-founded the Sankalp Forum, a social impact platform established in 2009. The forum expanded from India into several countries in Asia and East Africa. Pillai also brings deep experience in financial-sector policy and regulation, with work spanning Africa and South Asia. She has…
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Mobile Money challenger startup, Wave, has been listed by the famed Silicon Valley accelerator program, Y Combinator in its inaugural Top Companies List by Revenue. The list was shedding light on the remarkable success stories within the Y Combinator community. With revenue being a key indicator of growth, this list recognizes the startups that have achieved significant net revenue throughout 2022. While specific revenue figures are kept confidential (most of the companies on the list are private companies so aren’t compelled by law to release their revenue), the collective achievements of these companies are nothing short of impressive, generating a…
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Hardly 6 months after laying off some 300 people in June 2022, Wave Mobile Money Uganda Limited is set to lay off more people, CEO East Africa Magazine can exclusively reveal. We have learnt from impeccable sources that despite reassuring the market, that the June 2022 move was to “narrow and sharpen focus” and that the payments company was “here to stay for the long-term and would continue to offer free deposits, withdrawals and charge 1% on transfers” Wave will on Thursday 17th 2022 shave off another significant chunk of staff. The move will leave the company to a bare…
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Patricia Kadama Anguzu has been appointed Regional People Lead (East African Hub) at Wave mobile Money with effect from April 26, 2022. Wave mobile Money is a financial institution on a mission to make Africa the first cashless continent. It is intended to solve challenges of lack of access to affordable ways to save, transfer or borrow the money needed to build businesses or provide for families by using technology to build a radically inclusive and extremely affordable financial network. Patricia has since 2007 worked with Nile Breweries Limited – NBL in several capacities including; Country People Lead, Human Resource…
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Asiimwe Colin, until recently the Head of Marketing at Multichoice Uganda has been snapped up by digital money firm, Wave Mobile Money Uganda as its Marketing Lead, CEO East Africa Magazine can exclusively reveal. According to very close sources in the industry, as Marketing Lead, Colin, will be in charge of “market transformation, above the line marketing, digital communications, corporate affairs and below the Line marketing,” amongst others. Wave, which started from Senegal in West Africa, and is now in Cote D’Ivoire and Uganda amongst others, in October 2021, got a license got a Payment Service Provider from Bank of…
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