By Namutebi Sumayiya
MTN Mobile Money (U) Limited (MTN MoMo) has announced a contribution of UGX 55 million to support Ekisaakaate Kya Nnabagereka 2025, reinforcing its commitment to empowering Ugandan youth and preserving cultural heritage through technology.
The launch event, held in the Bulange gardens at Mengo, featured Her Royal Highness, the Nnabagereka of Buganda, Sylvia Nagginda, and guest of honor, MTN CEO, Ms. Sylvia Mulinge.
MTN MoMo Managing Director Richard Yego said that MTN MoMo had a shared commitment with the Nnabagereka Development Foundation to create positive change and empower communities in Uganda.
“This collaboration goes beyond mere sponsorship; it is a shared vision of empowering the next generation,” Yego said.
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Reflecting on the 17th Ekisaakaate held earlier this year, Yego emphasized MTN MoMo’s contributions.
“We provided ICT services and technical expertise to teach participants how to code. This initiative was designed to ignite a passion for technology and equip the youth with crucial digital skills, preparing them for a future where technology is integral to every aspect of life.”
MTN MoMo’s involvement in Ekisaakaate aligns with its broader mission to leverage technology for social and economic development.
“At MTN MoMo, technology has revolutionized the way we live, work, and interact. We are at the forefront of digital transformation, providing innovative solutions that enhance financial inclusion and empower communities. We have enabled millions to access financial services, facilitating secure transactions, savings, and investments with ease,” Yego added.
Yego also highlighted the importance of integrating technology with cultural heritage. “By integrating technology with our rich cultural heritage, we are not only preserving traditions but also ensuring that they evolve and remain relevant in the digital age. Financial literacy programs, supported by MTN MoMo, teach young people how to manage money, save for the future, and invest in their communities.”
Looking ahead to Ekisaakaate 2025, Yego reaffirmed MTN MoMo’s commitment to the partnership with the Nnabagereka Development Foundation.
“We aim to build a sustainable and impactful partnership to foster growth and development in our communities,” he said.
Her Royal Highness, the Nnabagereka of Buganda, Sylvia Nagginda, expressed gratitude to MTN MoMo Uganda, noting that their support will significantly impact and transform the lives of young people.
“This generous contribution will not only empower our youth but also help preserve our rich cultural heritage for future generations,” she said.
About MTN Mobile Money (U) Limited
MTN MoMo is a 100% subsidiary of MTN Uganda Limited and the leading Mobile Financial Services provider in Uganda, providing services to over 12 million customers. MTN MoMo Uganda avails its customers with safe, secure and trusted virtual mobile money wallet services, person-to-person money transfer, utility payments, MoMo Pay, school fees payment, savings and loans and many other financial services using a mobile phone. Download the MTN MoMo app for free from google play or the App store and enjoy MTN MoMo’s best-in-class Mobile Financial Services.
About MTN Uganda
MTN Uganda is a leading telecoms company in Uganda with a primary objective of carrying on the business of a national operator of a telecommunications network pursuant to the National Telecommunications Operator (NTO) license granted by the Uganda Telecommunications Commission (UCC). Among our offerings are network services, digital and financial technology services, interconnect and roaming, sale of mobile devices, and MTN Mobile Money (conducted through subsidiary MTN Mobile Money Uganda Limited). MTN has a presence in all 134 districts of Uganda. Services are delivered through a network of over 164,000 MoMo agents, 268,0000 MoMo merchants, 200 service stores and 13 main distributors. For the period ended 31 March 2023, MTN Uganda had 17.8 million subscribers, 11 million MoMo users, and 6.7 million active data users.
