MTN Uganda has introduced a new digital transport solution called Cashless School Days, designed to enhance the safety and convenience of student commutes. Launched at Kololo Secondary School, the initiative features wearable technology that enables students to access school transport services without the need for cash payments.

According to Vanguard, technology has significantly transformed financial transactions in Nigeria, allowing individuals to conduct activities such as sending money, paying bills, and purchasing airtime via mobile phones without needing to visit a bank. This shift towards digital financial services is exemplified by OPay, which is playing an increasing role in facilitating access to these services as the economy becomes more digital.

The rebranding of Credable to _able highlights the importance of credit infrastructure in Africa, according to TechTrends KE. While consumers typically interact with familiar financial service brands like banks and fintechs, the underlying infrastructure remains largely unseen. The Dubai-based company believes that enhancing this infrastructure presents a significant opportunity for growth in the African financial services market.

OPay, a prominent fintech company in Nigeria, has partnered with 3MTT to extend the deadline for its National Innovation Challenge. This extension aims to engage more student innovators in the competition, allowing them additional time to submit their innovative ideas and projects.

Mogo, a prominent asset financier in East Africa, has reported financing over 500,000 smartphones in the region within 14 months, indicating a significant demand for affordable digital credit and flexible payment options. Notably, Uganda accounts for more than half of these financed smartphones during the same timeframe.

The article from Nairametrics highlights ten tech brands developed in Nigeria that have successfully expanded their reach beyond the country, impacting markets across Africa and globally. It showcases the growth and influence of these locally built products and services.