Master Card Opens First Office in Uganda

February 5, 2025

(3 Minutes Read)

Positioned in Kampala, the office aims to foster collaboration with local stakeholders and develop tailored solutions for Ugandan consumers and businesses.

Mastercard has launched its first office in Uganda, a move that signals its commitment to enhancing financial inclusion and accelerating digital transformation in East Africa. Positioned in Kampala, the office aims to foster collaboration with local stakeholders and develop tailored solutions for Ugandan consumers and businesses.

As Uganda’s economy is projected to grow by 6.2% by 2025, Mastercard seeks to align its initiatives with the government’s ‘Digital Uganda Vision,’ which aims to leverage digital technologies for national development.

A Memorandum of Understanding has been signed with the Ministry of ICT & National Guidance to facilitate the adoption of digital solutions that improve government services and drive financial inclusion.

Last year, Mastercard received a Payment System Operator (PSO) License from the Bank of Uganda, enabling it to provide critical services such as settlement and clearing operations for domestic transactions.