Kampala, Uganda, October 4th 2022 — Public Transport in Uganda. Considering that Uganda’s multimodal transport system is robust, there are discrepancies when it comes to ensuring all residents can access sustainable, affordable and efficient transport.
KaCyber Technologies, a leading indigenous Mobility technology company is improving the odds and making mobility seamless.
KaCyber Technologies aims at making seamless mobility a reality in Africa and beyond and has piloted its award-winning digital ticketing and payment system with 12 transporters across Africa (including Uganda Railways, Link Bus Services, Star Link Transporters, Sainlait Friends, KK Coaches, Highway Coaches, Malayika Transporters, Kalita Expeditions, Al-Azhar Transports among others). The Company recently celebrated its 6th year anniversary and hit a milestone of 10 million travel Bookings on trains and buses, valued at UGX 194 Billion / 54 Million USD.
Under the auspices of Stanbic Business Incubator, KaCyber Technologies recently joined the Hi-Innovator Initiative, an initiative of the National Social Security Fund (NSSF), in partnership with the Mastercard Foundation implemented by Outbox which supports small and growing businesses by extending catalytic seed funding, building the capacity of entrepreneurship support organizations to provide quality technical assistance and working with financing institutions to unlock affordable patient capital so that they can become more competitive.
“This opportunity will level the hardships that travelers face in accessing safer, transparent, affordable and greener public transport services that eliminate carbon emissions in Africa, ” says Innocent Orikiiriza, KaCyber Founder & Chief Executive Officer.
We further believe that this intervention will make the public transport sector more inclusive for youths and women by widening their mobility choices thereby removing any barriers to safe public transport”.
While there is already some self-organization within the public transport sector in Uganda, offering a reliable digital mobility solution will create confidence in the transport sector, increasing revenue for transporters and promoting greener journeys within public transport. Hence contributing to Kampala’s smart city agenda.
The company was awarded USD 20,000 / UGX 76 Million from the NSSF Hi-Innovator Initiative which will enable the team at KaCyber to create more job opportunities for youths and particularly women through its tested business model that demonstrates how it has consistently created and delivered value through its offering. Ultimately, the positive impact of this partnership will cascade into a wider landscape with more transparency and accountability in Uganda’s transport sector.