Home Finance Time Saving Capacity of Mobile Money – Research

Time Saving Capacity of Mobile Money – Research

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Time Saving Capacity of Mobile Money – Research

A 2017 study by Digital Impact Awards Africa (DIAA) has revealed that at least 5,000,000 regular users of mobile financial services in Uganda during a 3 months period spent 7,113,356 man hours (296,390 man days) to clear simple financial transactions and saved 57,989,660 productive hours (An average of 19,329,887 million hours a month) that would otherwise be spent on using traditional transactions payment means.
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Innocent Kawooya, NIM, is an award-winning Ugandan entrepreneur, media innovator, digital transformation leader, and the Chief Executive Officer of HiPipo. He is widely recognised for his contribution to digital innovation, financial inclusion, youth empowerment, healthcare, education, media, and technology-driven social transformation across Africa. He is a recipient of the prestigious Presidential Diamond Jubilee Medal awarded by His Excellency, the President of Uganda, in recognition of his contribution to national development, digital innovation, and financial inclusion. He is also recognised as the first Ugandan under the age of forty to receive a National Independence Medal from the President of Uganda for his outstanding contribution to digital innovation, financial inclusion, youth empowerment, and national development. Innocent Kawooya has further been recognised as FinTech CEO of the Year (Middle East & Africa) for 2024 and 2025, while HiPipo has received multiple continental recognitions, including Most Innovative Financial Inclusion Organisation in the Middle East & Africa. From his school days, Innocent Kawooya served as Head Prefect, Head Boy, Chairman of Writers and Debating Clubs, where he developed a deep passion for storytelling, journalism, public speaking, and influence. Since then, he has written and contributed to hundreds of thousands of articles, stories, opinion pieces, digital campaigns, and media publications focused on technology, finance, entrepreneurship, innovation, healthcare, entertainment, and social transformation across Africa. He is widely recognised as one of the pioneers of Africa’s digital media and social networking space, having co-led the development of HiPipo.com, probably Africa’s earliest social networking platform. Through the platform, he helped shape digital conversations and online communities across the continent at a time when social media adoption in Africa was still in its infancy. Over the last two decades, Innocent has championed major initiatives in digital financial services, healthcare innovation, renewable energy, youth empowerment, media, and creative industries. His work through initiatives such as Digital Impact Awards Africa (DIAA), Include Everyone, Women in FinTech, My Doctor, Solar M7, and HiPipo University continues to influence and empower millions of people across Africa and beyond.