Wakandi, a SACCO aggregator integrated, has entered into partnership with Airtel Money, the mobile money subsidiary of Airtel Africa with the Ministry of Trade, Industries, and Cooperatives. This strategic partnership is aimed at revolutionizing Uganda’s financial landscape by digitally transforming the informal economy.
Speaking at the partnership launch, Espen Kvelland, Wakandi Group CEO, emphasized that the collaboration’s goal is to drive financial inclusion and transform Uganda’s informal economy.
Also speaking, Japhet ARITHO, MD of Airtel Mobile Commerce (U) Ltd, spoke about Airtel Money’s commitment to addressing financial inclusion challenges through strategic partnerships and technological advancements.
He elaborated on the impact of Airtel Money’s open API launch, emphasizing the accessibility it provides for anyone to connect to their system and digitize payments.
This year, Airtel Money went on an aggressive journey of launching the open API. Anybody can connect to our system and digitize their payment.
The State Minister for Cooperatives, Hon. Fredrick Ngobi Gume, emphasized the importance of transparency as the cooperative movement grows.
Deputy Head of Mission – Royal Norwegian Embassy, Ole Reidar Bergum, highlighted the partnership’s significance in fostering bilateral opportunities between Norway and Uganda.
This partnership is a testimony of the opportunities that Uganda has to offer for trade. Digitalization is the future, and this solution provided by Wakandi will build trust in financial services.
In conclusion, the partnership between Wakandi and Airtel Money, unveiled at Serena Hotel, marks a pivotal moment in Uganda’s journey towards financial inclusion and digital transformation. As stakeholders join forces to address challenges and embrace technological advancements, the future promises increased accessibility, transparency, and financial opportunities for all.