Uganda leverages US$200m fund to boost digital acceleration

Mobile receipts of remittances are gaining traction as markets continue to be impacted digitally by COVID-19, say experts.

World Bank and KNOMAD release report reflecting drop in remittance rate in 2020, but expectation of growth in 2021.

There are now more digital channels offering remittance delivery straight into bank and mobile wallet accounts.

Financial institution calls for government to open industry up to competition.

Telco makes move to consolidate market dominance ahead of entry of new operators.

Five-year project will create incentives for private operators to develop cell phone towers and provide mobile broadband coverage, among other objectives.

Company is facing risks linked to regional uncertainty, but is on course for steady revenue performance says ratings agency Fitch.

Organisation warns of a decline in remittances to Sub-Saharan Africa due to COVID-19.

Research identifies internet connectivity and Africa’s growing start-up ecosystem as key drivers.

The social media giant says the grant will assist local companies with cashflow in an effort to stimulate the COVID-hit economy.

Central Bank governor outlines situation at launch of the Zambia digital economic diagnostic report.