MTN Uganda upgrades network to boost connectivity

The telco sees the East African country as an attractive market for data, fintech, and digital infrastructure.

These sharing agreements, according to the telcos, target improved network cost efficiencies, expanded coverage and the provision of enhanced mobile services to millions of customers, particularly those in remote and rural areas.

The initiative, which aims to alleviate mobile phone customers from the inconvenience of having numerous SIM cards, was unanimously approved by parliament.

The business says its success in 2024 allows it to pay $139 million (UGX506 billion) in dividends to shareholders.

Uganda first to go live under pan-Africa Payment Processing Partnership

24/7 Training and Security Uganda, a security solutions provider, has announced the extension of its product portfolio in the East African country.

The governor underlined the need of financial inclusion, noting the potential for SMEs who currently lack internet access and working capital.

The cyber-attack was carried out by a group of Southeast Asian hackers known as Waste, who allegedly worked with bank officials, according to local media.

The police said the warning comes as complaints about the attacks have increased to the point that they should share with the broader public.

The MasterCard Center for Inclusive Growth, MTN Group Fintech and Arifu have partnered to support about one million small businesses in Cote’ D’Ivoire and Uganda.

The company says the introduction of electric mobility solutions in Uganda marks a significant step towards transforming the country's electric mobility scene.

The loan from Exim Bank of China will fund the expansion of internet connectivity to Uganda’s sub-counties, boosting digital inclusion and e-Government services.