Thursday, September 9, 2010

Mobile Money Africa

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Uganda: Bank, NGO to Recruit Money Transfer Agents

Posted by Emmanuel Okoegwale On July - 28 - 2009

Kampala — Over 150 local business operators countrywide are set to benefit from a new arrangement through which they would be enrolled as Mobile Money Me agents.

African Christians in Development (ACID) in partnership with the United Bank of Africa, Uganda (UBA) have started an initiative to recruit mobile money agents who would help the two parties speed up their activities among the underserved communities.

Under the initiative, local people holding accounts with UBA as well as ACID members would easily transfer money to all players, deposit cash on own and other accounts, withdraw cash, pay utility bills and purchase airtime among other uses.

ACID Chief Director Pastor Aaron Siribaleka yesterday said that members who intend to become agents would be required to register at ACID countrywide offices or at Mengo near Kampala to prepare for the training slated for August 3 to 7, 2009. He said the training would be held at ACID head offices in Katovu, Masaka.

Ephraim Kasozi

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