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MTN MoMo contributes UGX 55 million to support Ekisaakaate Kya Nnabagereka 2025

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.
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. Visit us at www.mtn.co.ug or follow us on www.youtube.com/mtnug and
www.twitter.com/mtnug for assistance.
For more information, please contact:
MTN Uganda Press Office: mediadesk.ug@mtn.com
Rhona Arinaitwe: Rhona.Arinaitwe@mtn.com or 0772 123 067
Prisca Baike: prisca.baike@tbwa-uganda.com or 0782 654 083

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