The top stories this week in tech feature the call by the Financial Intelligence Authority in Uganda to regulate cryptocurrency, a number of career opportunities, a win secured by Ugandan fintech Emata in the Capital: Inclusion Africa Bootcamp and so much more.
A call for crypto regulations by the Financial Intelligence Authority
The Financial Intelligence Authority has made a call for crypto regulations in Uganda by asking the Ministry of Finance to come up with a framework to help regulate cryptocurrency operations in the country. It has been a belief that cryptocurrency can easily be used as a malicious tool to aid money laundering and terrorism financing and hence needs to be regulated to fish out those using it with ill intent.
Apply now for these IT career opportunities from Absa Group, Trilogy and Zenysis technologies
Take a look at these IT career opportunities available from a number of organizations like Zenysis technologies, Absa group and Trilogy.
Raxio launches first certified tier 3 data centre in Uganda
As Raxio launches its first certified tier 3 data centre in Uganda, the growth in data usage, storage and the broader digital transformation in Uganda is expected. Raxio will be a centre-piece of infrastructure supporting the Ugandan economy and the goals set in the MoICT (Ministry of Information, Communications and Technology) Data Strategy.
Fintech Emata emerges the top winner of Catapult Inclusion Africa Bootcamp
Emata is a fintech startup that targets the underbanked in Uganda with the main focus on farmers’ cooperatives. It provides them with access to crucial banking services that they might need. By interacting with Emata’s digital platform, cooperatives can register farmer deliveries, update prices, create payment schedules and share daily SMS updates with farmers.
More of the top stories this week in tech
Bank of Uganda issues license to MTN Mobile Money, Airtel
How media startups can leverage technology to their advantage
Ugandan startups awarded 60,000 USD by UNCDF for outstanding innovations
Nigerian fintech OPay reportedly in talks to secure $400 million in funding
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