• Latest
  • Trending
Airtel Money, Spiro Uganda partner to launch AI-powered electric motorcycle loans

Airtel Money, Spiro Uganda partner to launch AI-powered electric motorcycle loans

March 10, 2025
South African investment giant raises caution on Bitcoin ETF risks

South African investment giant raises caution on Bitcoin ETF risks

September 26, 2025
OpenAI’s ChatGPT Pulse now available for Pro users

OpenAI’s ChatGPT Pulse now available for Pro users

September 26, 2025
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

September 25, 2025
Airtel Africa invests in education with 100 scholarships and new tech hubs

Airtel Africa invests in education with 100 scholarships and new tech hubs

September 25, 2025
SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

September 25, 2025
Tango Brook launches digital card for fuel management

Tango Brook launches digital card for fuel management

September 25, 2025
AI in Nigeria announces 3rd edition of InnovationAI

AI in Nigeria announces 3rd edition of InnovationAI

September 25, 2025
Interswitch Unveils Quickteller Travel to Transform African Travel Experience

Interswitch Unveils Quickteller Travel to Transform African Travel Experience

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Technology

Airtel Money, Spiro Uganda partner to launch AI-powered electric motorcycle loans

Oluwatosin Adeyemi by Oluwatosin Adeyemi
March 10, 2025
146 4
0
Airtel Money, Spiro Uganda partner to launch AI-powered electric motorcycle loans

Airtel Money, Spiro Uganda partner to launch AI-powered electric motorcycle loans

466
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Airtel Money on Thursday entered into a partnership with Spiro Uganda and gnuGrid CRB to launch the first AI-powered electric motorcycle lending market in Uganda. Yb

The innovative project, which was introduced at Four Points Kampala, will make it easier for Ugandans to own their own electric motorcycles for seamless transportation and mobility.

The launch’s overall goal is to encourage credibility among Mobile Money users in order to improve credit scores and lower borrowing costs; if more people are good payers, borrowing costs will also drop.

Read also: Airtel Money partners with Mastercard, others to launch Global Pay Card for simplify international payments in Uganda

RelatedPosts

Meta unveils smart glasses with a built-in display

Former Intel data centre executive joins Nokia as tech, AI chief

Google partners with crypto giants on AI payments upgrade

Partners express enthusiasm 

The debut was a game-changing event for Africa, according to Gaurav Anand, Managing Director of Spiro Uganda.

“We are automating bike purchasing—from the down payment to the final transaction—making ownership easier,” he stated.

Spiro Uganda’s Deputy Managing Director, Bruce Mucunguzi, emphasised how Spiro’s electric mobility solutions had helped cut greenhouse gas emissions by 21,000 tonnes.

“This initiative expands access to electric transport and financial services, eliminating barriers to ownership,” he said.

The financial gap in Uganda was highlighted by Opio Obwangamoi David, Executive Director of gnuGrid CRB, who pointed out that over 22 million Ugandans are still unbanked.

“With only 2.5 million people served by traditional banks, alternative financial solutions are essential. This innovation enables individuals to access loans through Airtel Money,” he said.

The Managing Director of Airtel Money, Japhet ARITHO, emphasised how digital connectivity affects loan availability.

“Telecom data now allows us to assess customers’ ability to pay, eliminating the need for collateral and making loans more accessible,” he explained.

Spiro Uganda Group CEO Kaushik Burman emphasised how the project has the ability to change people’s lives.

“Without mobility, financial inclusion remains out of reach. This partnership ensures more people can access affordable transport and credit,” he said.

Read also: Airtel Africa to equip 25,000 young Nigerians with digital skills training

Electric motorcycle ownership made easier with home charging kits

Spiro Uganda has also made owning an electric motorbike easier by introducing home charging kits and fast-charging battery exchange facilities.

The Airtel collaboration between Airtel Money, Spiro and gnuGrid serves as an example of how electric vehicles and financial technology may promote sustainable development.

With more job possibilities, lower emissions, and more accessible loans, this program raises the bar for Uganda’s banking and transportation industries.

Tags: AIAirtel MoneySpiro Uganda
Oluwatosin Adeyemi

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

ADVERTISEMENT
techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.