United Nations Capital Development Fund (UNCDF)
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    • A participant at the ‘Open APIs Open Data’ workshop held in Kampala in November 2019
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Source: United Nations Capital Development Fund (UNCDF) |

The Next Stage of Uganda’s Digital Economy Will Be Powered by Open Application Programming Interfaces (APIs)

Today the vast majority of the applications used in Uganda are still private and the Application Programming Interfaces (APIs) are only available to third parties at exorbitant costs

While about 18 million Ugandans are now able to access services via the internet, only a fraction of the 18 million are able to bank, pay school fees or utility bills, order transport, search for location, learn, or perform a variety of other basic day-to-day needs; online. Why is that?…

United Nations Capital Development Fund (UNCDF)
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    • FinTech4U improves financial inclusion for under-served populations
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Source: United Nations Capital Development Fund (UNCDF) |

Introducing FinTech4U’s First Cohort

After a rigorous application process and interview process, the United Nations Capital Development Fund (UNCDF) and BongoHive Innovation and Technology Hub are pleased to announce the five Zambian FinTechs that will begin the FinTech4U Accelerator Programme in January 2020

The companies selected for the first FinTech4U cohort have shown their potential to improve financial inclusion among under-served customers such as rural populations, youth and women. UNCDF and BongoHive partnered to launch FinTech4U to provide such companies with a range of skills and resources to further improve their businesses. Of…

Source: Bizcommunity |

Afro-optimism in focus at BizTrendsLIVE!2020

Bizcommunity is honoured to be able to provide this platform for trends shaping our region, with a curated programme of essential Afro-optimism to start the new decade

Bizcommunity (https://www.Bizcommunity.com/), the continent's largest multi-industry news website, in association with Ster-Kinekor and Kantar are honoured to announce the line-up of published and awarded trend analysts from London, Lagos, Senegal and SA, to share their vision of intra-African tech, trade and trends at BizTrendsLIVE!2020 on Thursday, 30 January 2020, at…

Phanes Group
Source: Phanes Group |

One of Malawi’s first solar energy project reaches financial close

Once complete, the project will add 46 MW of clean energy to the local power supply

One of Malawi’s first solar projects has reached financial close after attracting investment volume totaling $67 million USD. Initial site works have begun in Nkhotakota, and construction of the first phase is targeted for completion by March 2020. Once complete, the project will add 46 MW of clean energy to…

Source: African Development Bank Group (AfDB) |

“Women are an excellent investment”: finance leaders call for increased support for in women in business

In Africa, 70% of women are excluded financially and there is a $42 billion financing gap between men and women

Leaders from multilateral development banks, financial institutions and the private sector called on peers to dispel myths about women being too “high risk” for financing - and to offer more financial services for women in business to close the gender finance gap. “We know that women are a good bet.…

Source: U.S. Embassy - Cairo, Egypt |

U.S. commits $430 Million in Insurance to Natural Gas Project in Egypt

Insurance will support infrastructure that advances energy security

Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), announced a commitment to provide $430 million in insurance to advance energy security in Egypt by rehabilitating a natural gas pipeline and transporting natural gas from fields offshore in Israel. The announcement was made at the Investment…

Source: United Nations Economic Commission for Africa (ECA) |

Experts Discuss Fiscal Risks in Public Private Partnerships

Given there is no single definition of Public Private Partnerships (PPPs), experts agreed that Africa should define and determine the PPPs that are relevant to its context

The Macroeconomics and Governance Division of the Economic Commission for Africa (ECA) on Tuesday held an Experts’ Group Meeting (EGM) to review and validate the draft study on “Fiscal Risks in PPPs: A Benchmark Study on Africa.” In attendance were representatives of PPP Units, the World Bank, academia, and the…

Source: WHO Regional Office for Africa |

Diabetes is a Family Affair in Kenya

Diabetes is a chronic disease that occurs either when the pancreas does not produce enough insulin

Alara Amin was 4 years old when she was diagnosed with type 1 diabetes. In the five years since, she has become actively involved in managing her condition, which is also a family and school affair. Even her 4-year-old brother understands that she must have insulin injections three times a…

Source: EY |

Southern Africa’s Top Entrepreneurs Announced in Johannesburg, South Africa

This year’s finalist group and of course, the winners, have built businesses across all sectors offering innovation and exceptional acumen and leadership

Southern Africa’s top three entrepreneurs were named at the 22nd Annual EY (https://www.EY.com) World Entrepreneur Awards gala dinner in Johannesburg on Wednesday 13 November 2019. CEO’s, Founders, and leading entrepreneurs attended the Southern Africa programme of the world’s most prestigious business awards for entrepreneurs: the Global EY Entrepreneur Of The…

Source: African Development Bank Group (AfDB) |

African Development Bank Group becomes a shareholder in Africa Finance Corporation

The Bank Group’s investment in Africa Finance Corporation (AFC) will enable both institutions to accelerate infrastructure development and delivery on the continent

Shareholding follows investment of $50 million in AFC’s equity by Bank Group; African Development Bank (https://www.AfDB.org) becomes second investment-grade Supranational Finance Institution to join and invest in AFC. Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, today announces that the African Development Bank Group, Africa’s highest investment-grade…