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In October 2023, as part of MWC Kigali, the GSMA Innovation Fund hosted a panel session on sustainable impact in Africa, hearing from both start-ups and investors. ....
Uganda Development Bank (UDB), the country’s national Development Finance Institution, in partnership with Ensibuuko, European Union, United Nations Capital Development Fund (UNCDF), and Food and Agriculture Organization (FAO) has launched a Fintech solution dubbed AgriConnect to ease access to digital financing for smallholder farmers in Uganda. The innovation, the first digital solution which can offer both […] ....
FCA Investments commits $1m seed investment to Ugandan fintech Ensibuuko 3.5.2021 Finn Church Aid’s (FCA) investment company FCA Investments Ltd (FCAI) has committed a $1 million seed investment to Ugandan fintech Ensibuuko, which currently provides digital financial services to over 200,000 rural customers in Uganda. The commitment was announced on April 30 in Kampala. The funding is going towards increasing financial inclusion in rural communities in Sub-Saharan Africa. Ensibuuko will also gain access to FCA Investments’ technical resources and a global network of partners allowing it to build internal capacity and to establish strategic relationships across the region. Ensibuuko operates a proprietary microfinance platform developed for Africa’s credit unions (SACCOs) and savings groups. ....