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MOBILE MONEY IN UGANDA TO ATTRACT DEBT INVESTORS
Uganda’s mobile money platform will help attract debt investors. Uganda is planning to use mobile money platforms to sell government securities to its citizens. The government said the mobile money platform will help reduce the dependence on commercial banks and institutional investors for funding. The Ugandan government also believes the initiative will help boost savings and investments; especially among its citizens and this will in turn also drive economic growth. In Uganda many people do not…
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