The East African newspapers and business journals recently reported Uganda's financial sector as the most developed in East Africa, according to the latest study by the Official Monetary and Financial Institutions Forum (OMFIF) and Absa Bank. In addition, one of the market forces is the increased Foreign Direct Investments (FDI), which make the country attractive to be a financial hub.
Monetix Ltd. is enthusiastic to deliver this news to its investors. As CapitalSavvy, its Ugandan partner, is one of the country's most profitable companies in the Financial sector, serving the broad market of SMEs, impact investing, and the government.
Uganda also has vast land for Agriculture produce, a young population workforce, warm people, and beautiful culture.
The said partnership is also Technology-driven, moving the cutting-edge technology of blockchain innovation in East Africa to empower the locals.
The investors favored the company's activities and were thrilled with the overall progress in the country's economic report. As a result, locking up their investments for a minimum of 3years is the best option.
"The sixth edition of the Absa Africa Financial Markets Index (2022) report shows that Uganda has significantly improved in five key areas compared to Kenya, Tanzania, Rwanda, and DR Congo." - The East African
Learn More about the Report at The East African; https://www.theeastafrican.co.ke/tea/business/uganda-financial-sector-hailed-as-most-developed-3986204.
Welcome to the new edition this month of the Monetix Newsletter.
Monetix Ltd. is a Switzerland-headquartered FinTech company offering a trusted investment gateway into Uganda and East Africa. We work with a global investor base that emphasizes social objectives beyond an attractive investment yield. Our success is based on strong local roots, technological innovation, and employable skill-building with local talents.
Each week we share international FinTech News in the circle of foreign investors with financial and technological investments empowering Africa. This information can be used globally in FinTech studies and or applications. Finance, FinTech, and BSV Blockchain personalities are expected to be seen on our covers.
Thank you for your interest in Monetix Newsletter, we hope you enjoyed this week's edition. Please leave a LIKE in gratitude to our content creators.