MTN MoMo Pledges Shs55 Million to Support Ekisaakaate Kya Nnabagereka 2025
The launch ceremony, held at the Bulange Gardens in Mengo, was graced by Her Royal Highness, the Nnabagereka of Buganda, Sylvia Nagginda, and MTN CEO, Ms. Sylvia Mulinge.
MTN Mobile Money (U) Limited (MTN MoMo) has committed UGX 55 million to support the 2025 edition of Ekisaakaate Kya Nnabagereka, a cultural event organized by the Buganda Kingdom. This contribution highlights MTN MoMo's dedication to empowering Ugandan youth and preserving cultural heritage through technology.
The launch ceremony, held at the Bulange Gardens in Mengo, was graced by Her Royal Highness, the Nnabagereka of Buganda, Sylvia Nagginda, and MTN CEO, Ms. Sylvia Mulinge.
Shared Vision of Empowering Youth
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Richard Yego, MTN MoMo Managing Director, emphasized the company's commitment to working alongside the Nnabagereka Development Foundation. "This collaboration transcends mere sponsorship; it's a shared vision to empower the next generation," he stated.
Reflecting on the recently concluded 17th edition of Ekisaakaate, Yego highlighted MTN MoMo's contributions, including providing ICT services and training participants in coding. This initiative aimed to ignite a passion for technology and equip young people with essential digital skills for the future.
Leveraging Technology for Social and Economic Development
MTN MoMo's involvement aligns with its broader mission of leveraging technology to drive social and economic progress. "Technology has revolutionized our lives," said Yego. "We are at the forefront of digital transformation, offering innovative solutions that promote financial inclusion and empower communities."
He elaborated on how MTN MoMo has enabled millions to access financial services, facilitating secure transactions, savings, and investments. Additionally, financial literacy programs backed by MTN MoMo equip young people with money management skills.
Preserving Heritage in the Digital Age
Yego underscored the importance of integrating technology with cultural heritage. "By integrating technology with our rich cultural heritage, we not only preserve traditions but also ensure they remain relevant in the digital age," he explained.
Looking Forward to a Lasting Partnership
Yego reaffirmed MTN MoMo's commitment to the partnership with the Nnabagereka Development Foundation. "We aim to build a sustainable and impactful partnership that fosters growth and development in our communities," he said.
Her Royal Highness, the Nnabagereka, expressed her gratitude to MTN MoMo, acknowledging the significant impact their support will have on young people's lives.
About MTN Mobile Money (U) Limited
MTN MoMo, Uganda's leading Mobile Financial Services provider, offers secure mobile money services to over 12 million customers. They facilitate person-to-person transfers, utility payments, mobile payments, and more through mobile phones.
About MTN Uganda
MTN Uganda is a leading telecommunications provider offering network services, digital and financial technology, mobile devices, and MTN Mobile Money. With a presence across all Ugandan districts, MTN serves millions of subscribers.