United Nations Capital Development Fund (UNCDF)
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    • Booster Teams to Breach the Rural Frontier of Digital Financial Services (DFS) in Uganda
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Source: United Nations Capital Development Fund (UNCDF) |

Booster Teams to Breach the Rural Frontier of Digital Financial Services (DFS) in Uganda

Since 2014, the UN Capital Development Fund (UNCDF) has worked to improve the financial lives of vulnerable populations in Uganda

Over 75 percent of Ugandans are employed in the agricultural sector – which only accounts for 26 percent of the nation’s GDP. This demonstrates that poverty in Uganda was, and is, mainly rural-based. In order to promote meaningful financial inclusion, UNCDF understood that it needed to directly address the rural…

Source: African Development Bank Group (AfDB) |

African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange

“My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement.” – African Development Bank President Akinwumi Adesina

Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank (https://www.AfDB.org/) to open markets for trading at London Stock Exchange on Wednesday 22 January. The reception in London followed the African Development Bank’s Africa Investment Forum, held in November last year. The innovative market-place…

Source: African Development Bank Group (AfDB) |

Ride the wave of the African Continental Free Trade Area, African Development Bank president Adesina Urges United Kingdom (UK) investors

The Bank’s chief argued that Africa and the UK should be significant trading partners

Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African Development Bank (https://www.AfDB.org/) President Akinwumi Adesina said Tuesday in a keynote address at a UK Parliamentary Symposium. “The Africa of the 21st century is very different. The Africa of the…

Pinngle Safe Messenger
Source: Pinngle Safe Messenger |

1 Month of Free International Calls to the U.S and Canada via Pinngle Messenger starts Today

Pinngle is a free messaging app that allows users to communicate safely and securely through text and high-quality voice and video calls among Pinngle to Pinngle users

To celebrate its 5 million users on Google Play, Pinngle Messenger is giving away free minutes for its users to make international calls to landlines or mobile numbers in the U.S and Canada via Pinngle-out starting from January 21, 2020, till February 29, 2020. Pinngle is a free messaging app…

Source: The United Kingdom's Department for Digital, Culture, Media & Sport |

African tech firms invited to join UK-led growth project

The United Kingdom (UK)’s Department for Digital Culture, Media and Sport launches scheme to develop next generation of African start-ups

Application process underway as government ministers and business leaders attend first ever UK-Africa Investment Summit; Africa has a fast-growing tech sector which is driving growth and creating jobs on the continent Some of Africa’s most innovative start-ups are invited to take part in a global tech project to take their…

Eutelsat
Source: Eutelsat |

Successful launch of EUTELSAT KONNECT

Built by Thales Alenia Space, the EUTELSAT KONNECT communications satellite, features all-electric propulsion and operates in Ka-band

The EUTELSAT KONNECT satellite was successfully launched into Geostationary Transfer Orbit by Arianespace using an Ariane 5 rocket that lifted off from the Guiana Space Center in Kourou, French Guiana, at 9.05 pm Universal Time (10.05 pm CET) on January 16. The separation of the all-electric satellite occurred after a…

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?…

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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: Orange |

Orange Jordan Launches “Orange Money” E-Wallet Service

Orange Money’s e-wallets will enable users to fulfill their financial commitments via a wide range of digital solutions easily and securely

Orange (www.Orange.jo) Jordan officially launched its mobile e-wallet service, Orange Money, during a press conference that was held on Wednesday, Jan 15, 2020.  The event, which was attended by governmental officials alongside the company’s management and strategic partners, celebrated the launch of the financial solution, which recently acquired the epayment…

Source: The Mauritius Commercial Bank Ltd (MCB) |

Capitalism for everyone: The Mauritius Commercial Bank Ltd (MCB) join forces with the AFRICA CEO FORUM to rethink the role of Africa’s private sector

With the role of capitalism sparking intense debate around the world and as the need to “do good” becomes increasingly pressing in Africa, 1,800 leading decision-makers from industry, finance and politics will come together in Abidjan to boost the impact of African companies

The eighth edition of the largest international gathering of the African private sector will be held on 9 to 10 March 2019 in Abidjan, Côte d’Ivoire; With the role of capitalism sparking intense debate around the world and as the need to “do good” becomes increasingly pressing in Africa, 1,800 leading…