Afriramp

Afriramp

Off and Onramping to local currencies in Uganda

Created on 10th May 2025

Afriramp

Afriramp

Off and Onramping to local currencies in Uganda

The problem Afriramp solves

Uganda’s population stands at 45+ million of which 75% of these are youth. Though we have a widespread of smart phones, many of these are kept out of the onchain economy due to either lack of access or high hinderances during onRamping and offRamping which perpetually keeps them out of access to this robust economy.

Solution:
AfriRamp integrates with Ramp mobile money services , enabling direct conversions between crypto (USDC/ETH on Base) and local fiat via mobile money at ~1-3% fees. By bypassing traditional intermediaries, it reduces costs for:

Freelancers receiving cross-border payments

Small businesses converting crypto earnings to cash

Youth saving or transacting digitally

Challenges I ran into

Mobile Money Interoperability Fragmentation

Problem: MTN, Airtel, and other providers use incompatible APIs, making unified crypto<>mobile money conversions technically complex ().

Solution:

Built middleware that standardizes API calls across providers, leveraging Ramp’s existing mobile money integrations to reduce development time.

Partnered with Uganda Telecom as a bridge for cross-provider settlements.

  1. Low Digital Literacy & Crypto Distrust

Problem: 66% of Ugandans distrust digital systems due to scams (), and crypto is seen as volatile or fraudulent.

Solution:

Launched community workshops with local SACCOs (savings groups) to educate youth on USDC’s stability vs. UGX.

Tracks Applied (1)

Stablecoins

My project utilises Stable coins due to their compatibility with local currencies.

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