Uganda: Uganda’s Hipipo Ranked Amongst World’s High 20 Corporations Escalating Innovation

The World Enterprise Leaders Journal has named Uganda’s HiPipo amongst this 12 months’s world’s High 20 firms escalating innovation within the digital monetary companies market.

The one African firm on the American Journal’s listing, HiPipo was particularly applauded for championing digital innovation and monetary inclusion throughout Africa below their Embrace Everybody program.

Different firms on the listing embrace Naborforce, Helpware, Proximity Area, Gulf Knowledge Hub, SMT Power, Motus Inc. amongst others. The rankings checked out firms on the forefront of digital improvements the world over, with particular emphasis on inclusion. HiPipo CEO Harmless Kawooya welcomed the information and famous that it is a testomony to HiPipo’s 18-year journey of championing inclusion for everybody.

“It’s at all times refreshing to see our work appreciated by respected organizations such because the World Enterprise Leaders Journal. These are certainly fruits of a devoted workforce decided to vary lives of individuals particularly discovered on the backside of the pyramid,” Kawooya stated.

“With a eager curiosity in ladies empowerment, HiPipo’s occasions assist cut back the limitations perpetuating the gender hole by offering ladies with technical and enterprise abilities in digital monetary companies. It allows sustainable and inclusive development and drives monetary inclusion by advocating for decreasing widespread interoperability points resulting in the exclusion of poor and weak teams within the monetary system,” the Journal stated.

HiPipo can also be created for the implementation of varied initiatives, HiPipo supporting the creation of home and cross-border prompt retail funds programs that allow large financial development along with facilitating the supply of inexpensive and revolutionary monetary merchandise to poor and weak teams, by advocating for making use of DFS to help the institution of sustainable and inclusive development.

Based in 2005, HiPipo was began by a workforce of younger enterprising minds who got here along with the need to vary and pleasure about billboard charts and awards. It started by selling native music utilizing digital means and awards.

The agency finally began the HiPipo Music Awards in 2012 and they are going to be celebrating eleven years this 12 months. Via their Embrace Everybody program, HiPipo first organized the Digital Influence Awards Africa in 2013, which finally led to the initiation of different applications centered on low-income digital customers, particular curiosity teams equivalent to ladies, PWDs, rural organizations, and small formal and casual companies.

Headquartered in Kamwokya, a Kampala suburb, HiPipo has been in a position to conceptualize and actualize a number of sector-changing initiatives to place Africa’s digital innovators on the required pedestal to assist them resolve issues. These embrace the 40-Days-40-FinTechs and FinTech Panorama Exhibition; the Girls-In-FinTech Hackathon, Summit and Incubator; and one of many continent’s most distinguished awards for digital innovation – the Digital Influence Awards Africa (DIAA).

Kawooya says that these initiatives and their associated actions, publications, and implementations have put HiPipo among the many most necessary conveners of the varied gamers/stakeholders within the FinTech and digital monetary companies area. Furthermore, all its actions and advocacy have been geared in direction of having the unbanked and the marginalized as the principle beneficiaries of those improvements.

HiPipo’s main companion and supporter, Invoice and Melinda Gates Basis are acknowledged proponents of the Stage One Undertaking. In actual fact, Kawooya was elected as chairperson of the Mojaloop Neighborhood Council, serving for a 12 months’s time period beginning December 2020. Kawooya famous that they may now proceed serving folks with an revolutionary vary of options and choices.

“In future, we try to proceed doing our greatest. We’re planning to implement and scale initiatives on the continent that improve the variety of African ladies in management positions via efforts such because the Girls-In-FinTech Hackathon, Summit, and Incubator. With monetary exclusion persisting in Africa resulting from varied causes, HiPipo is aiming to speed up its advocacy for the demand of making prompt and inclusive cost programs throughout Africa,” he stated.

He says that their mission now could be to make sure sustainability of the Embrace Everybody program to contribute to accelerating monetary inclusion and public companies.

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