The Executive Director Supervision, at Bank of Uganda, Dr Tumubweine Twinemanzi, has challenged the financial services sector to adopt a shared technology services delivery model. He argued that this cuts down the cost of doing business hence passing on those benefits to customers in the form of reduced cost of lending.
Twinemanzi, was speaking during the first executive roundtable for business and ICT leaders as well as regulators, organised by Raxio Data Centre and Oracle, to discuss how enterprises can manage operational costs by leveraging cloud technologies.

BoU’s Dr Twinemanzi Tumubweine and Oracle’s Byron Osiro, the Oracle Senior Cloud Platform Manager, East Africa.
Raxio is developing a state of the art colocation, enterprise-grade and carrier-neutral datacentre at Namanve Industrial Park, a Kampala suburb. The data centre is being developed to tier III grade and is expected to be completed in H2 of 2019. Recently, Raxio Data Center signed Hamilton Cloud Services as their first customer and announced early bird discount.
On the flip side, Oracle has developed, Cloud at Customer- a cloud-based solution that allows Ugandan based organisations to enjoy cloud services either in a colocation data centre such as Raxio’s or customers’ owned data centres.
Twinemanzi advised that financial services should compete based on the quality of services and the relevance of their products to the customers. He applauded Raxio Data Center for its efforts in making a world-class shared services data centre.
What Raxio is trying to do (shared services with Raxio data center) is something that is dear to my heart; something that we have been trying to do in the financial services sector. Financial institutions should focus on their core business which is intermediation- mobilising deposits and extending credit. Dr Twinemanzi, Executive Director Supervision, at Bank of Uganda
He advised commercial banks and other financial institutions to stick to the playing field they are used to, managing finances and let experts like Raxio data center run networks or manage data. “Let us leave that to the experts; let’s go back to the economics of division of labour,” said Twinemanzi.

James Byaruhanga, the Raxio Data Centre General Manager speaks at the first Oracle-Raxio executive roundtable to address how enterprises can manage operational costs by leveraging cloud technologies at Serena Kampala Hotel, on March 6th 2019.
The financial services industry in Uganda has over the last 10 years has seen an average cost to income rations rise to 74.6%, compared to 66.7% in the 10 years to 2008. As a result, average lending rates increased to a 10 year average of 22.16% from 20.39% in the same period. For this reason, Twinemanzi challenged Raxio and Oracle to explore especially introducing shared software as a service and other software solutions, such as accounting, core banking solutions and credit analysis modules.
Speaking at the event, Joachim Steuerwald, the Oracle Cloud Platform Sales Director, said with increased reliability on digital mobile solutions for virtually everything, it was it was mission critical that service providers invest significantly in reliable systems.
Many of the data centres in the region are fairly old. Before Raxio , we did not have any single Tier III data centre in the region and that has been a weighty limitation to achieve the kind of uptimes that a digital economy demands. This is why we’re interested in a partnership with Raxio . Joachim Steuerwald, Oracle Cloud Platform Sales Director
We are increasingly becoming a digital economy. Customers can’t event tolerate our digital services being down for even an hour- it is just not acceptable. This requires the ICT behind those businesses to be available- 24/365. However, building these highly reliable systems requires the right environment.
Steuerwald said that adoption of cloud services in East Africa like in many other African countries in Africa has been slow, partly because of lack of an African data centre footprint which made cloud services expensive but also due to data security concerns, especially by governments, which is why Oracle is fronting the idea of localised cloud services.

BoU’s Dr Twinemanzi Tumubweine speaks at the first Oracle-Raxio executive roundtable to address how enterprises can manage operational costs by leveraging cloud technologies at Serena Kampala Hotel, on March 6th 2019. He is a proponent of the financial services industry adopting shared services and passing on the benefits to customers in form of reduced interest rates
This is why we thought of bringing an alternative, which we call Cloud at Customer, that basically offers the same cloud technology, but brought closer to the customer in a regional data centre such as being developed by Raxio or into the customers’ owned data centre as a viable alternative. Joachim Steuerwald, Oracle Cloud Platform Sales Director
Rules of engagement and Regulation?
From a regulatory point of view, BoU is beginning to have an internal conversation on coming up with an official position on the whole idea of cloud computing.
Do we allow it, under what circumstances, who can and who cannot? What can they do and what data can they store there- at least as regards financial data. I think if we take the lead as the financial services sector regulator, it will be a question of time before other regulators come on board. Dr Twinemanzi, Executive Director Supervision, at Bank of Uganda
Cloud services help in cost-cutting.
A 2017/2018 survey amongst government ministries, departments and agencies (MDAs) by National Information Technology Authority (NITA) showed that while a majority of MDAs agreed that cloud services had significant benefits such as reduction in ICT related costs (86.4%), simplicity of deployment (77.3%), increased productivity and flexibility in up-or down-scaling, only 28.6% of the MDAs reported using cloud computing services. Most MDAs (80.5%) reported that they host their applications and databases in-house.
However, one of the biggest hinderances is the risk of a security breach. Following closely in the cloud service huddles is the high cost of cloud computing services and uncertainty about the location of hosted data.
James Byaruhanga, the Raxio General Manager, however, said that with shared infrastructure and software solutions, the kind that will be ushered in by a Raxio-Oracle partnership most stakeholder fears will be addressed and nullified to the most.

(L-R) James Byaruhanga, the Raxio Data Centre General Manager and Byron Osiro, the Oracle Senior Cloud Platform Manager, East Africa. Osiro said that there was need for regulatory support so as to encourage businesses in Uganda to quickly adopt and benefit from the immense benefits presented by cloud services.
Shared cloud services hosted in a local data centre basically provide enterprises with a scalable model, tailored to the existing computing needs of the enterprise on a pay as you grow basis.
“What we (Raxio data center) want to give you is secure shared connectivity with multiple connectivity points that will position your business to look at the future. We will give you a more efficient and differentiating service that will make your business stand out. The whole idea about shared infrastructure is to reduce the cost of cost of ownership, reduce operational expenses, allowing you to be more efficient and provide a better service to customers.” James Byaruhanga, Raxio General Manager
John Ivan is a tech writer based in Kampala with a rich background in digital marketing, Web 2.0, influencer strategy, and content creation. With years of experience in consumer tech blogging, he blends industry insight with storytelling to make technology accessible and relevant. At Dignited.com, John covers the latest in digital trends, gadgets, and how tech is shaping lives across Africa.
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Talkio Mobile , Uganda’s newest telecommunications service provider, is excited to announce a groundbreaking partnership with Banana Life Investments, a leading chain of mobile phone and retail shops. This strategic alliance aims to bring Talkio’s innovative telecom services closer to Ugandans.
This collaboration will leverage Banana Life Investments’ extensive retail network of 26 stores strategically located across Uganda in major malls, towns, and cities to provide customers with unparalleled convenience. Through this partnership, Talkio Mobile will offer its full suite of services, including SIM cards, airtime, and exclusive product offerings at any Banana Life Investment location.
This partnership is more than a business initiative—it’s a shared commitment to transforming lives. By integrating Talkio Mobile’s forward-thinking services & nationwide reach with Banana Life Investments’ retail footprint, the two brands are setting a new standard for customer convenience and inclusivity.
READ ALSO: 5 Things You Need to Know About Talkio Mobile: New Telecom Company in Uganda
“This partnership aligns perfectly with our mission of connecting Ugandans to innovative and transformative telecom solutions,” said Vianne Allan Ahura, CEO of Talkio Mobile. “By leveraging Banana Life Investments’ trusted presence and nationwide footprint, we are not only expanding our agent network but also bringing our services closer to the communities we serve. This collaboration ensures that our online customers can now enjoy a seamless offline experience right at their doorstep. Together, we are empowering Ugandans with the tools they need to stay connected, grow their businesses, and unlock new opportunities.”
Solomon Ssemuyaba, the assistant general manager at Banana Life Investments, echoed this sentiment: “We are proud to join hands with Talkio Mobile to deliver innovative, customer-centric solutions. This partnership represents our shared vision of fostering a connected future for Uganda. Together, we are redefining what convenience and accessibility mean for our customers.”
The partnership goes beyond retail distribution, introducing joint initiatives aimed at value addition and personalized service. Customers can expect seamless access to:
- SIM Card Sales : Available at all Banana Life Investments locations.
- Talkio phone number bookings : Book your preferred Talkio number at any Banana Life Investments location.
- Airtime Services : Recharge easily through in-store purchases.
- Customer Support : Friendly and knowledgeable staff trained to assist with Talkio Mobile products and services.
Additionally, the two companies plan to launch promotional campaigns and expand services to even more locations, ensuring no Ugandan is left behind in the digital transformation.
Solomon Obwot is a tech writer based in Kampala, Uganda, with extensive experience in the local tech startup ecosystem. He covers the latest news and analysis on consumer tech, writes in-depth smartphone reviews, and conducts insightful interviews with industry experts. Solomon is also a passionate podcaster, sharing his knowledge and engaging in discussions about Africa’s rapidly growing tech landscape. Send emails to [email protected]
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The Mobile World Congress (MWC) Barcelona , the world’s largest exhibition for the mobile industry, has just concluded. This annual event gathers leading technology brands to unveil groundbreaking mobile, AI, and digital solutions innovations. At MWC 2025, TECNO showcased a range of AI-driven products, reinforcing its commitment to cutting-edge technology.
The key launches included:
- CAMON 40 Series – AI-powered smartphones with One-Tap FlashSnap and advanced mobile imaging features.
- MEGABOOK S14 – The world’s lightest 14-inch OLED laptop, featuring AI-enhanced multitasking and Snapdragon® X Elite.
- MEGABOOK T14 Air & K15S – Lightweight ultrabooks with AI capabilities and extended battery life.
- TECNO AI Glasses Series – Smart eyewear integrating AI imaging, translation, and AR display.
Jan Stryjak, Associate Director at Counterpoint Research, shared, “In the past year, we have observed significant advancements in the field of AI. AI will continue to drive transformative changes in our daily lives. In this critical period for the economic development of emerging markets, TECNO’s AI technologies are unlocking potential for diverse needs.”
“The application of AI technologies is crucial and urgent in emerging markets. We’re committed to bridging the digital gap between emerging and mature markets,” said TECNO CMO, Laury Bai. “TECNO is taking a practical approach to make AI more accessible, ensuring users in emerging markets can access AI and cutting-edge technologies.”
Laury Bai, TECNO CMO
Driven by its commitment, TECNO has forged a robust partnership with MediaTek, establishing a joint AI laboratory dedicated to accelerating advancements in AI. At the event, James Chen, Vice President of Product and Technology Marketing at MediaTek, emphasized, “The synergistic R&D efforts between TECNO and MediaTek are set to democratize AI technology. Our collaboration powers a seamless, interconnected AI experience, bringing users a future of truly connected intelligence.”
James Chen, Vice President, Product and Technology Marketing at MediaTek
CAMON 40 Series Powered by AI One-Tap FlashSnap Revolutionizes Smartphone Snapshot Photography
TECNO’s Global Product Launch Officer, Olivier Mas, officially unveiled TECNO’s next-generation AI-driven products. Attendees at TECNO’s launch event witnessed the highly anticipated debut of TECNO’s new CAMON 40 Series, a device that embodies TECNO’s legacy of excellence in mobile imaging. Featuring One-Tap FlashSnap Mode and TECNO AI, the series sets a new benchmark in smartphone photography, delivering exceptional snapshot capabilities and AI-enhanced user experiences.
Olivier Mas, TECNO Global Product Launch Officer
The CAMON 40 Series exemplifies a commitment to innovation that transcends hardware and software, extending into strategic partnerships that deliver cutting-edge AI solutions to emerging markets. Matt Waldbusser, Managing Director of Global Solutions and Consumer AI at Google Cloud, remarked, “Our collaboration with TECNO on the CAMON 40 Series is a standout example. Leveraging Google Cloud’s capabilities, we’ve introduced groundbreaking features such as Ask Ella, AI Image Generator, AI Writing, and AI Translate. I am particularly impressed by the industry-leading and competitive edge of some of these innovations. For instance, TECNO’s AI supports text translation in 136 languages, voice translation in 44 languages, and photo translation in 51 languages. We are excited to further strengthen our partnership with TECNO, unlocking limitless potential to bring advanced yet practical AI capabilities to emerging markets in a convenient and secure manner.”
Matt Waldbusser, Managing Director of Global Solutions and Consumer AI at Google Cloud
The CAMON 40 Series’ innovative One-Tap FlashSnap leverages AI to enhance imaging capabilities, revolutionizing mobile photography. AI optimizes camera startup and continuous shooting for instant captures, while AI-powered multi-frame processing intelligently reduces noise and enhances details, delivering sharper, more refined images. Additionally, the BestMoment algorithm analyzes motion patterns, automatically selecting the optimal frames for precise, high-quality shots in dynamic scenarios, ensuring users an unparalleled mobile imaging experience.
TECNO CAMON 40 Demonstrates the Cutting-Edge FlashSnap Capability
To delve deeper into the imaging prowess of the CAMON 40 Series, TECNO invited Frédéric Guichard, CEO of DXOMARK, to share the image performance of CAMON 40 Pro. Frédéric highlighted, “The CAMON 40 Pro 5G has demonstrated exceptional imaging and performance capabilities in our rigorous evaluations. We’ve been particularly impressed with photo performance being the best for devices under 600$, and the 1st eligible device to our Smart Choice Label.”
Onsite photo of Frédéric Guichard, CEO of DXOMARK
Beyond its advanced rapid-capture functionality, the integration of TECNO AI further enhances the device’s capabilities. Intelligent imaging, a 360° AI Call Assistant, and productivity tools elevate creativity and efficiency. Powered by MediaTek’s latest chipsets, the series ensures smooth performance, fast processing, and extended battery life. With a sleek, durable, and water-resistant design, it seamlessly blends style with practicality for modern users.
MEGABOOK S14, the World’s Lightest 14-inch OLED Laptop, Inspires Creators and Game Lovers
The MEGABOOK S14 is TECNO’s first OLED laptop and the industry’s lightest 14-inch OLED laptop, featuring a 2.8K OLED display and incredibly weighing only 899g (31.7oz). The laptop is equipped with the outstanding power of the Snapdragon® X Elite compute platform, the flagship chipset for AI PCs from Qualcomm Technologies, and integrates TECNO’s world’s first self-developed edge-side large-scale AI model, to achieve AI-enhanced multitasking.
World’s Lightest 14-inch Laptop MEGABOOK S14
Specifically designed for next-gen AI productivity, TECNO AI enhances the Ella AI Assistant, AI-powered PPT generation, AI-driven image search, smart albums, and offline meeting transcription with multilingual support. The External Graphics Dock, equipped with a powerful NVIDIA graphic card, delivers scalable, high-performance capabilities for design, gaming, and content creation. The laptop’s 2.8K OLED display with a 120Hz refresh rate ensures exceptional visuals, while DTS:X Ultra dual 2W speakers, Wi-Fi 6E, fingerprint login, and PC Manager optimize connectivity and user experience.
TECNO’s strategic partnership with Qualcomm Technologies was a highlight of the TECNO AI Ecosystem Product Launch event, demonstrating a shared vision for the future of AI PCs. Kedar Kondap, SVP & GM of Compute and Gaming at Qualcomm, took the stage to discuss the integration of Qualcomm’s cutting-edge PC chipset into the new MEGABOOK S14 laptop, underscoring TECNO’s commitment to delivering high-performance computing solutions.
Kedar Kondap, SVP & GM of Compute and Gaming at Qualcomm
In addition, TECNO also introduced several standout new products. The featherlight 999g (35.2oz) ultrabook MEGABOOK T14 Air, features high-speed storage and LPDDR5 memory, while the ultra-thin, all-metal MEGABOOK K15S, equipped with a powerful 70Wh battery and supported by a 65W PD GaN charger, offers a smarter and more long-lasting user experience. Both devices are empowered by TECNO AI with advanced AI capabilities such as AI Album and AI Voice Assistant, making them perfect companions for all aspects of life.
The Next Game-Changing Tech Innovation: See the World with the TECNO AI Glasses Series
TECNO’s new AI Glasses Series also took center stage with the introduction of TECNO AI Glasses Pro and TECNO AI Glasses, reimagining eyewear with cutting-edge imaging, intelligent interactions, and a sleek aesthetic. The TECNO AI Glasses feature an aviator design, while the Pro model showcases a browline style, both embodying timeless elegance and modern fashion.
TECNO AI Glasses Redefine the Way People See the Future
Equipped with a 50MP high-definition camera, the series integrates an OV50D sensor, a 100° ultra-wide-angle custom lens, and an AI ISP imaging chip, forming a mobile-grade imaging system. This system lets users capture stunning, high-resolution photos with advanced AI noise reduction and HDR capabilities. With real-time translation supporting over 100 languages, TECNO AI’s Ella empowers accurate translation even for less common languages, as well as voice control, AI-powered object recognition, and intelligent information summaries for ultimate convenience.
Additionally, the AI Glasses Pro features a MicroLED display with 7th-gen resin waveguide technology, offering a 30° field of view, over 1,500 nits of brightness AR display, and a lightweight, ultra-thin design. The AR display allows users to effortlessly enjoy features like translation display, navigation, information prompts, and teleprompting.
Equipped with a 250mAh battery, these glasses offer over 11 hours of music playback and 8 hours of mixed use with just 30 minutes of charging. An advanced ultra-linear speaker, bass enhancement, and spatial sound deliver an immersive audio experience, while Wi-Fi 6 and Bluetooth 5.4 ensure seamless connectivity.
With these innovative launches, TECNO is setting new standards in mobile imaging and AI-enhanced technology, shaping a more connected and empowered future for consumers in emerging markets. Once again, TECNO has showcased its cutting-edge innovation on the global stage at MWC. With the brand essence of “Stop at Nothing”, TECNO’s relentless pursuit of innovation is making AI-powered technology more accessible, allowing consumers to experience the future ahead of time.
Solomon Obwot is a tech writer based in Kampala, Uganda, with extensive experience in the local tech startup ecosystem. He covers the latest news and analysis on consumer tech, writes in-depth smartphone reviews, and conducts insightful interviews with industry experts. Solomon is also a passionate podcaster, sharing his knowledge and engaging in discussions about Africa’s rapidly growing tech landscape. Send emails to [email protected]
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