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Innovations facilitating economic growth

Published on November 09, 2017

The Ugandan economy is not yet technology driven, but there are several innovations in the country that continue to show a future where technology is a major player. 
Notably, the innovations around Fin-Techs have completely transformed the banking sector and exchange of goods.

In banking, the rise of mobile money has led to banks innovating products that reduce queues in banking halls. The innovation ecosystem continues to grow and this shows in the entries made into awards. At least 45 innovations are targeting Shs92.7m to win the MTN Innovation Awards 2017. Read more. Source | Daily Monitor