Kampala, Uganda | THE INDEPENDENT | In Uganda’s bustling cities, boda boda riders weave through traffic, the heartbeat of the nation’s informal economy. These motorcycle taxis are more than just a mode of transport—they’re a lifeline for millions. But with rising fuel costs and growing environmental concerns, the shift to …
Read More »Asset financing company launches smartphone loans in Uganda
KAMPALA, UGANDA | THE INDEPENDENT | MOGO Uganda, an asset financing company, has introduced a smartphone loan program in collaboration with Airtel Uganda, making Tecno, Infinix, and itel devices more accessible to a wider range of Ugandans. This move meets the rising need for cost-effective smartphone access, enabling people to …
Read More »Absa Uganda supports green energy switch for informal sector with a sh19Bn loan facility to Mogo Uganda
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced the conclusion of a sh19 billion loan facility to Mogo Loans, a visionary partner transforming Uganda’s informal economy by making electric bikes accessible to commercial riders. Absa’s funding will support Mogo Loans in their mission to provide affordable loans …
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