Asante Financial Services has secured regulatory approvals to expand its operations to Uganda and Rwanda.
The issuance of a financial services license by the Uganda Microfinance Regulatory Authority (UMRA). This timely approval positions us for the commencement of operations in Uganda by October.
We have also received the approval of our license by the National Bank of Rwanda (Central Bank). Known as the land of a thousand hills, Rwanda is ranked as the second easiest place to do business in Africa by the World Bank and has been awarded for its leadership in economic competitiveness by the World Economic Forum. We target to launch in Rwanda in Q1 2021.
September 1st 2020