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MTN Mobile Money (U) Limited has announced that Managing Director Richard Yego will step down at the end of February 2026. His departure brings to a close a four-year tenure that helped deepen Uganda’s digital payments ecosystem and strengthen MTN MoMo’s standing in Africa’s fintech market. In a statement issued early today, the fintech confirmed that Yego will officially vacate the role on February 28, 2026. “After four years of leading MTN Mobile Money (U) Limited, Mr. Richard Yego will step down as the Managing Director,” the Board said, noting that interim leadership arrangements have already been put in place. Yego joined MTN MoMo Uganda at a time when mobile money platforms across Africa were accelerating beyond basic person-to-person transfers into full financial services ecosystems. During his tenure, MoMo Uganda deepened merchant payments, expanded bill payments and strengthened partnerships with banks, fintechs and government agencies to drive digital financial inclusion.

MTN Mobile Money (U) Limited has announced that Managing Director Richard Yego will step down at the end of February 2026. His departure brings to a close a four-year tenure that helped deepen Uganda’s digital payments ecosystem and strengthen MTN MoMo’s standing in Africa’s fintech market. In a statement issued early today, the fintech confirmed that Yego will officially vacate the role on February 28, 2026. “After four years of leading MTN Mobile Money (U) Limited, Mr. Richard Yego will step down as the Managing Director,” the Board said, noting that interim leadership arrangements have already been put in place. Yego joined MTN MoMo Uganda at a time when mobile money platforms across Africa were accelerating beyond basic person-to-person transfers into full financial services ecosystems. During his tenure, MoMo Uganda deepened merchant payments, expanded bill payments and strengthened partnerships with banks, fintechs and government agencies to drive digital financial inclusion.

MTN MoMo Uganda MD Richard Yego to step down after four years

MTN Mobile Money (U) Limited has announced that Managing Director Richard Yego will step down at the end of February 2026 after four years at the helm, as the company maintains momentum in Uganda and across MTN MoMo’s expanding African fintech footprint.

7 days ago2 min read

Airtel Money Uganda Managing Director Japhet Aritho celebrated a groundbreaking $267 000 (UGX 1 billion) in agent loans on day one.

Airtel Money Uganda Managing Director Japhet Aritho celebrated a groundbreaking $267 000 (UGX 1 billion) in agent loans on day one.

Airtel Money Uganda's easy float achieves impressive $267000 on launch day

Airtel Money Uganda has launched Easy Float, a groundbreaking service giving agents instant access to working capital. With $267 000 (UGX 1 billion) in loans taken on day one, the partnership with FINCA and Kuunda marks a major milestone in Uganda’s fintech ecosystem and the fight for broader financial inclusion

Oct 29, 20252 min read

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