Bank of Uganda calls for partnerships to expand financial inclusion
Bank of Uganda Deputy Governor Michael Atingi-Ego has called for strategic partnerships with fintechs and micro-finance institutions to reach the last mile of Ugandans. Finscope 2023 findings indicate that about 20 million Ugandans are financially included, up from 14.3 million people, which is 77% as of 2018. This follows the government’s efforts to address barriers to financial access by supporting Ugandans to integrate into the formal economy.
