{"id":58173,"date":"2023-10-24T16:13:04","date_gmt":"2023-10-24T16:13:04","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste"},"modified":"2023-10-24T16:29:48","modified_gmt":"2023-10-24T16:29:48","slug":"fintechs-facing-hurdles-with-managing-e-waste","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste","title":{"rendered":"Fintechs facing hurdles with managing e-waste"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are grappling to align their operations with environmental, social, and governance (ESG) goals.<\/b><\/p>\n

This comes at a time when Africa, according to the African Development Bank, has become the most vulnerable continent to climate change.<\/p>\n

\u201cThe proliferation of Fintech services generates electronic waste, including discarded mobile phones and outdated hardware, which poses environmental hazards,\u201d the Financial Technologies Services Provider\u2019s Association (FITSPA Uganda), notes in the Fintech Fund Feasibility Study.<\/p>\n

FITSPA also notes that the energy-intensive nature of Fintechs , such as mobile phones, data centres, and bases for internet stations, consumes significant energy resources and puts strain on the energy infrastructure, which contribute to increased carbon emissions, exacerbating climate change concerns.<\/p>\n

The study further notes that credit guarantee programmes need to encourage Fintechs to adopt e-waste disposal and recycling policies, which are crucial to reducing environmental damage and fostering a circular economy.<\/p>\n

There are at least 24 financial technology companies operating in Uganda, according to data from Bank of Uganda.<\/p>\n

Fintechs have made significant progress in gaining access to large segments of the population, especially those living in remote or marginalised areas, where access is still hampered by a lack of infrastructure and technological literacy.<\/p>\n

They gather, process, and store enormous amounts of sensitive customer personal and financial data, which raises questions about the potential misuse of sensitive information and data breaches that can cause people to suffer and undermine confidence in the Fintech industry.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are grappling to align their operations with environmental, social, and governance (ESG) goals. This comes at a time when Africa, according to the African Development Bank, has become the most vulnerable continent to climate change. \u201cThe […]<\/p>\n","protected":false},"author":84,"featured_media":58172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9,258],"tags":[233,240,234],"class_list":["post-58173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","category-to-homepage","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nFintechs facing hurdles with managing e-waste - Uganda<\/title>\n<meta name=\"description\" content=\"In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fintechs facing hurdles with managing e-waste\" \/>\n<meta property=\"og:description\" content=\"In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-24T16:13:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-24T16:29:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fintechs facing hurdles with managing e-waste\",\"datePublished\":\"2023-10-24T16:13:04+00:00\",\"dateModified\":\"2023-10-24T16:29:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste\"},\"wordCount\":268,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"miscellaneous\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste\",\"name\":\"Fintechs facing hurdles with managing e-waste - Uganda\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg\",\"datePublished\":\"2023-10-24T16:13:04+00:00\",\"dateModified\":\"2023-10-24T16:29:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg\",\"width\":1280,\"height\":720,\"caption\":\"Fintechs facing hurdles with managing e-waste\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/uganda\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fintechs facing hurdles with managing e-waste\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#website\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/\",\"name\":\"Uganda\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/uganda\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fintechs facing hurdles with managing e-waste - Uganda","description":"In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste","og_locale":"en_US","og_type":"article","og_title":"Fintechs facing hurdles with managing e-waste","og_description":"In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are ...","og_url":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste","og_site_name":"Uganda","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-10-24T16:13:04+00:00","article_modified_time":"2023-10-24T16:29:48+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Fintechs facing hurdles with managing e-waste","datePublished":"2023-10-24T16:13:04+00:00","dateModified":"2023-10-24T16:29:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste"},"wordCount":268,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg","keywords":["Africa Press","Africa Press-Uganda","uganda"],"articleSection":["all news","miscellaneous","to-homepage"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste","url":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste","name":"Fintechs facing hurdles with managing e-waste - Uganda","isPartOf":{"@id":"https:\/\/www.africa-press.net\/uganda\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg","datePublished":"2023-10-24T16:13:04+00:00","dateModified":"2023-10-24T16:29:48+00:00","author":{"@id":"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"In an effort to offer edge cutting financial services to the unbanked, financial technology (Fintechs) companies are ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#primaryimage","url":"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg","contentUrl":"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/10\/sm_1698152235.015541.jpg","width":1280,"height":720,"caption":"Fintechs facing hurdles with managing e-waste"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/uganda\/all-news\/fintechs-facing-hurdles-with-managing-e-waste#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/uganda\/"},{"@type":"ListItem","position":2,"name":"Fintechs facing hurdles with managing e-waste"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/uganda\/#website","url":"https:\/\/www.africa-press.net\/uganda\/","name":"Uganda","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/uganda\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/posts\/58173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/comments?post=58173"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/posts\/58173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/media\/58172"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/media?parent=58173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/categories?post=58173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/uganda\/wp-json\/wp\/v2\/tags?post=58173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}