SPEAKER PROFILES Official Opening of Rwanda Sustainable Energy
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TDB Joins Eminent Discussants on Sustainable Development Goals in Kigali
TDB joins eminent discussants on Sustainable Development Goals in Kigali Opened in July 2016, The Sustainable Development Goals Center for Africa (SDGC/A) was created in 2016 and launched in Kigali on 27 January 2017. The SDGC/A is an international organization that supports governments, civil society, businesses and academic institutions in achieving the Sustainable Development Goals (SDGs) in Africa. A conference was organized to launch the new institution and was attended by development partners, government leaders and private sector representatives. The President and CEO of TDB, Mr Admassu Tadesse joined other eminent participants and panellists including His Excellency Rwandese President Paul Kagame and His Excellency Minister Claver Gatete, Minister of Finance of Rwanda and TDB Governor. Mr Aliko Dangote, Africa’s richest man and one of the strongest advocates of the SDGs also joined the panellists to bring his private sector perspective. According to SGDC/A the investment gap for Africa to achieve the SDGs is between an incremental outlay of $200 billion and $1.2 trillion per annum. TDB’s President joined panellists to discuss how Africa can achieve The SDGs By 2030. Mr Tadesse emphasized the key role of DFIs in supporting the continent in achieving SDGs and the crucial role that regional DFIs play in fostering regional integration. In the case of TDB, Member States are using the Bank as a platform to grow regional trade as well as a vehicle to host innovative initiatives such as regional infrastructure funds. Several regional DFIs exchanged on their strategies to achieve the Sustainable Development Goals. Many of TDB’s partners and development banks of the region were in attendance, notably the Agriculture Finance Cooperation, Development Bank of Zambia, Infrastructure Development Bank of Zimbabwe and the Uganda Development Bank. -
Rapportudkast
Bilag 8 - Produktanalyser I det følgende præsenteres de 20 produktanalyser for oplysningsaktiviteter, der har modtaget mid- ler fra Udenrigsministeriet indenfor tre finansieringsvinduer: 1. Danidas Oplysningsbevilling 2. NGO’ernes projektrelaterede oplysning 3. Udenrigsministeriets eget oplysningsarbejde Produktanalyserne er grupperet under de forskellige finansieringsvinduer. For hvert oplysnings- produkt foreligger en beskrivelse og en analyse - basisoplysninger og produktanalyse. Basisoplysningerne (organisation, titel, aktivitet, budget etc.) stammer fra producenten selv. Eva- lueringsteamet har efterfølgende tilføjet evt. yderligere oplysninger i kursiv. Produktanalysen (relevans, effektivitet, ressourceforbrug) er udfyldt af evalueringsteamet på bag- grund af de i skemaet anførte data samt yderligere dataindsamling (f.eks. interviewdata). For Udenrigsministeriets eget oplysningsarbejde fremgår i nogle tilfælde ligeledes data fra eksi- sterende effektundersøgelser, som er medtaget for at supplere evalueringens dataindsamling. Oplysningsbevillingen BASISOPLYSNINGER OG PRODUKTANALYSE BASISOPLYSNINGER Bevillingstype Oplysningsbevillingen Organisation/ansøger NN Producent/tilrettelægger (hvem har produce- NN ret, gennemført aktiviteten) Titel Bongo Superstars Tema Ungdomskulturer, hiphop, identitet, musik, drømme. Formål (beskrevet af producenten) Filmens formål er at følge en gruppe unge rappere fra Tanzania for herigennem at vække identifikation hos beskueren (vise et andet billede af Afrika end nød og fattigdom) Indhold (kort beskrivelse -
Leveraging Information and Communication Technology for the Base of the Pyramid
Leveraging Information and Communication Technology for the Base Of the Pyramid Innovative business models in education, health, DJULFXOWXUHDQG¿QDQFLDOVHUYLFHV A JOINT REPORT BY SPONSORED BY IN COLLABORATION WITH Authors Alexandre de Carvalho, Hystra Network Partner Lucie Klarsfeld, Hystra Project Manager Francois Lepicard, Hystra Network Partner Contributors Alessandra Carozza, AMGlobal Nicolas Chevrollier, TNO Chloe Feinberg, Ashoka Till Jaspert, Claro Partners Andrew Mack, AMGlobal Claire Penicaud, Hystra Bineke Posthumus, TNO Please direct queries about this report to: [email protected] Note: Hystra is the author of this report. Analyses and FRQFOXVLRQVUHSRUWHGKHUHGRQRWQHFHVVDULO\UHÀHFW WKHYLHZVRIWKH¿YHVSRQVRUVVXSSRUWLQJWKLVZRUN 1 Sponsors’ foreword Over the past twenty years, the number of mobile phone subscriptions has risen from 12.4 million to more than 5 billion. The majority of them, equaling 3.8 billion, are in developing countries, where the mobile telecommunications industry has expanded most quickly. Today, even in the most remote areas, people own or use a mobile phone. It is clear that with mobile penetration rates continuously increasing, connectivity – at least for basic voice services – will no longer be a major hurdle in the near future, and development concerns are SURJUHVVLYHO\WXUQLQJWR¿QGLQJZD\VWREHVWOHYHUDJHWKLVFRQQHFWLYLW\IRURWKHUVHUYLFHV Several of the services that can be delivered on telecommunication networks are directly linked to socio-economic development. The focus of this study is the tremendous opportunities -
East African Development Bank
East African Development Bank Directors’ Report and Financial Statements For the year ended 31 December 2017 East African Development Bank Directors’ Report and Financial Statements For the year ended 31 December 2017 Table of contents Page Annual report: Governing Council, Advisory Panel, Directors, Officers and Administration 1 – 2 Directors’ report 3 Statement of directors’ responsibilities 4 Report of the independent auditor 5 – 8 Financial statements: Statement of comprehensive income 9 Statement of financial position 10 Statement of changes in equity 11 Statement of cash flows 12 Notes 13 – 66 East African Development Bank Governing Council, Advisory Panel, Directors, Officers and Administration Governing Council • Hon. Dr. Philip Mpango (Chairman) Minister for Finance, United Republic of Tanzania • Mr. Henry K. Rotich Cabinet Secretary, The National Treasury, Republic of Kenya • Hon. Amb. Claver Gatete Minister for Finance and Economic Planning, Republic of Rwanda • Hon. Matia Kasaija Minister for Finance, Planning and Economic Development, Republic of Uganda Directors • Dr Kamau Thugge (Chairman) Principal Secretary, the National Treasury, Republic of Kenya • Mr Keith Muhakanizi Permanent Secretary and Secretary to the Treasury, Ministry of Finance, Planning and Economic Development, Republic of Uganda • Mr Caleb Rwamuganza Permanent Secretary, Secretary to the Treasury, Ministry of Finance and Economic Planning, Republic of Rwanda • Mr James Doto Permanent Secretary, Ministry of Finance, United Republic of Tanzania • Mr Francis N. Karuiru Private Sector Representative, Republic of Kenya • Mrs Khadija I. Simba Private Sector Representative, Republic of Tanzania • Mr Mbundu Faustin Private Sector Representative, Republic of Rwanda • Mr. James Tumusiime Private Sector Representative, Republic of Uganda • Mr Trevor De Kock African Development Bank Representative • Ms Vivienne Yeda Director General, East African Development Bank Advisory Panel • Mr Mahesh K. -
The 'Kagame Reforms' of the AU: Will They Stick?
Occasional Paper 299 July 2019 The ‘Kagame Reforms’ of the AU: Will they stick? YARIK TURIANSKYI & STEVEN GRUZD African perspectives Global insights Abstract At the 27th Ordinary Session of the AU Assembly of Heads of State in 2016, Rwanda’s President Paul Kagame was entrusted with leading the institutional reform process of the AU. The decision to reform the organisation was a response to the seemingly perennial issues of an inefficient bureaucracy, lack of implementation, funding shortages, overlapping institutional mandates and political battles. These issues continue to hinder the AU’s ability to promote peace and security, and socio-economic and political integration on the continent. As a result, ‘The Imperative to Strengthen our Union: Report on the Proposed Recommendations for the Institutional Reform of the African Union’, commonly known as the ‘Kagame Report’, was presented in 2017 as the blueprint for change at the organisation. The report was premised on creating a powerful commission and sustainable self- financing. It identified 19 recommendations (later expanded to 21) that covered six reform areas, namely: focusing on fewer priority areas, ensuring a clear division of labour between AU structures, making the AU Commission more efficient and effective, strengthening the current sanctions regime, improving decision-making and the implementation of resolutions after AU summits, and ensuring equitable regional representation and gender parity in the recruitment process. Drawing on a comprehensive literature review and interviews with key stakeholders, this paper aims to provide an objective assessment of the progress made, including on the implementation of the Kigali Financing Decision, the implementation of decisions, and the changing mandate of the African Peer Review Mechanism (APRM) and the New Partnership for Africa’s Development (NEPAD). -
How to Design Online Models for Micro-Lending in Developing Countries? Making Sense to MYC4 in Africa Eric Van Heck Erasmus University, [email protected]
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by AIS Electronic Library (AISeL) Association for Information Systems AIS Electronic Library (AISeL) International Conference on Information Resources CONF-IRM 2013 Proceedings Management (CONF-IRM) 5-2013 How to Design Online Models for Micro-lending in Developing Countries? Making Sense to MYC4 in Africa Eric van Heck Erasmus University, [email protected] Marlei Pozzebon HEC Montréal, [email protected] Follow this and additional works at: http://aisel.aisnet.org/confirm2013 Recommended Citation Heck, Eric van and Pozzebon, Marlei, "How to Design Online Models for Micro-lending in Developing Countries? Making Sense to MYC4 in Africa" (2013). CONF-IRM 2013 Proceedings. 25. http://aisel.aisnet.org/confirm2013/25 This material is brought to you by the International Conference on Information Resources Management (CONF-IRM) at AIS Electronic Library (AISeL). It has been accepted for inclusion in CONF-IRM 2013 Proceedings by an authorized administrator of AIS Electronic Library (AISeL). For more information, please contact [email protected]. How to Design Online Models for Micro-lending in Developing Countries? Making Sense to MYC4 in Africa Eric van Heck Erasmus University [email protected] Marlei Pozzebon HEC Montréal [email protected] Abstract This article explores a micro-lending platform linking investors mostly located in developed countries and micro-entrepreneurs located in Africa. At the heart of this social and economic innovation is the online auction model, a concept that has been intensively investigated and used in developed countries. However, little knowledge exists about how these new models are used and implemented in developing countries, and about how existing theories are able to explain such an emerging innovative phenomenon. -
Market Survey on Possible Co-Operation with Finance Institutions for Energy Financing in Kenya, Uganda and Tanzania
Market Survey on Possible Co-operation with Finance Institutions for Energy Financing in Kenya, Uganda and Tanzania February 2010 Phyllis Kariuki Kavita Rai Other Contributors: Felistas Coutinho, Anna Mulalo and Jon Gore (Tanzania) Hidde Bekaan and Andrew Obara (Uganda) Table of Contents Acronyms.................................................................................................................................................... 3 Executive Summary ................................................................................................................................ 4 1 Introduction..................................................................................................................................... 5 1.1 Study Outputs.................................................................................................................................................5 1.2 Financing Models .........................................................................................................................................5 2 Overview and access of the financial sector......................................................................... 6 2.1 The Financial Sectors .................................................................................................................................6 2.2 Overall Access to Financial Sector by Population.........................................................................8 2.3 Rural versus urban access to Financial Access...............................................................................9 -
Newsletter Issue No: 5 REG January - March, 2020
Newsletter Issue No: 5 REG January - March, 2020 REG CELEBRATED THE MILLIONTH CUSTOMER GOVERNMENT OF RWANDA - AfDB APPROVES €8 MILLION NYABARONGO II HYDRO WORLD BANK SIGN US$ 100 TECHNICAL ASSISTANCE GRANT TO POWER PROJECT GETS MILLION FINANCING AGREEMENT SUPPORT RUZIZI IV HYDRO POWER US$ 214 MILLION TO SUPPORT RWANDA’S COVID19 PROJECT IN THE GREAT LAKES FINANCING BOOST RESPONSE IN ENERGY. REGION Toll @reg_rwanda Rwanda Energy Group Ltd Reg Rwanda regltd www.reg.rw Free 2727 Issue No: 5 January - March, 2020 REG CELEBRATED THE MILLIONTH CUSTOMER ............................. AFDB APPROVES €8 MILLION TECHNICAL ASSISTANCE GRANT TO SUPPORT RUZIZI IV HYDRO POWER PROJECT ............................. IN THE GREAT LAKES REGION HOW ACCESS TO ELECTRICITY FACILITATED YOUNG ............................. ENTREPRENEUR‘S AMBITIONS ENERGY MINISTERS PUSH THE COMPLETION OF ............................. RUSUMO POWER PLANT BEFORE 2021 RWANDA, DR CONGO SIGN VALIDATION ACT FOR THE ............................. SAFE EXPLOITATION OF LAKE KIVU GAS RESOURCES NYABARONGO II HYDRO POWER PROJECT GETS US$ ............................. 214 MILLION FINANCING BOOST A POSITIVE CHANGE IN THE LIVES OF AROUND 22,000 ............................. FAMILIES WHO GOT ELECTRICITY 2 YEARS AGO 11 PEOPLE CAUGHT ACCUSED OF ELECTRICITY THEFT ............................. IN THE FIRST QUARTER OF 2020 INTERNATIONAL WOMEN’S DAY 2020 CELEBRATED ON ............................. HIGH GEAR BY REG STAFF REG BEAT UTB IN THE FINAL TO WIN KAYUMBA ............................. MEMORIAL Newsletter -
Reflections on a Three -Year J
SDGs IMPLEMENTATION IN AFRICA REFLECTIONS ON A THREE-YEAR JOURNEY 14th June 2019 | Kigali Convention Center, Rwanda CONFERENCE BROCHURE Reflections on a Three -Year Journey SDGs IMPLEMENTATION IN AFRICA – REFLECTIONS ON A THREE-YEAR JOURNEY 14th June 2019 | Kigali Convention Center, Kigali, Rwanda BACKGROUND Following the adoption of the SDGs in September 2015, Africa has made many commitments towards achievement of the Sustainable Development Goals (SDGs) Agenda 2030 and the Africa Union Agenda 2063. At the adoption of the SDGs, Africa’s starting point was lower than all the other regions. Africa was at cross roads, with low tax revenue to Gross Domestic Product (GDP) on the one end of the problem, and enormous development needs on the other end. Infrastructure gaps alone were estimated at USD 130–170 billion a year, with a financing gap in the range USD 68–108 billion. The SDGs were conceptualized and adopted during a period of global economic and financial transition. Emerging evidence over the last three years (2015 – 2018) of tracking SDGs progress on an annual basis indicates complex challenges still prevail in Africa. Many intricacies, ambiguities and questions continue to predominate and stand in the pathway forward towards Africa’s achievement of these Goals. It is without doubt that there is much “unfinished business” that must be addressed for the SDGs to be achieved in Africa, foremost of which are the need (i) to bridge understanding between SDG conceptualization and implementation pathways, (ii) to address global financing for the SDGs in Low Income Countries, particularly those in Africa, (iii) to raise domestic financing efforts, which still are suboptimal with an estimated gap of 3-5% of GDP, and (iv) to engage the private sector. -
Development Resources Beyond the Paris Declaration Final
Development Resources Beyond the Current Reach of the Paris Declaration Evaluation of the Paris Declaration e-ISBN English: 978-87-7605-423-6 © Danish Institute for International Studies Suggested citation: Prada, F.; Casabonne, U.; Bezanson, K. Supplementary study on “Development resources beyond the current reach of the Paris Declaration”, Copenhagen, October 2010. Photocopies of all or part of this publication may be made providing the source is acknowledged. This report represents the views of the authors only. They are not necessarily the views of the participating coun- tries and agencies. Graphic design: ph7 kommunikation. www.ph7.dk The report can be downloaded from www.oecd.org/dac/evaluationnetwork/pde Supplementary study on “Development resources beyond the current reach of the Paris Declaration” Submitted by: FORO Nacional Internacional* September 2010 • This report has been prepared by Fernando Prada, Ursula Casabonne and Keith Bezanson, with the collaboration of Nestor Aquiño, Fernando Romero, Mario Bazán and Carlos Eduardo Aramburú. Francisco Sagasti provided general advice and suggestions. PREFACE This independent study was commissioned by the Secretariat for the Evaluation of the Paris Declaration as a background contribution to the work of the second phase and the Synthesis of the Evaluation. Comments on draft versions were offered by the Evaluation Core Team and the Secretariat, but the final contents remain the responsibility of the authors and do not necessarily represent the views of the Secretariat, the Core Team -
Crowdfunding: Genesis and Comprehensive Review of Its State in Africa
Open Journal of Business and Management, 2021, 9, 557-585 https://www.scirp.org/journal/ojbm ISSN Online: 2329-3292 ISSN Print: 2329-3284 Crowdfunding: Genesis and Comprehensive Review of Its State in Africa Oloutchègoun Josias Lawrence Adjakou School of Economics and Management, Chongqing Jiaotong University, Chongqing, China How to cite this paper: Adjakou, O. J. L. Abstract (2021). Crowdfunding: Genesis and Com- prehensive Review of Its State in Africa. In developing countries, the topic of crowdfunding is still in its infancy be- Open Journal of Business and Management, cause Europe; Asia and North America have monopolized almost all the re- 9, 557-585. searchers’ attention. Nevertheless, the number of scholars stressing the fact https://doi.org/10.4236/ojbm.2021.92031 that investigations should be conducted on the economic impact of crowd- Received: December 23, 2020 funding in developing countries where financial systems are still struggling is Accepted: March 13, 2021 incredibly increasing. But before getting to that point, as Gajda and Walton Published: March 16, 2021 stated, “An analysis of primary and secondary data; in-depth assessment of Copyright © 2021 by author(s) and live projects and statistical analysis could provide more insight (…) how to Scientific Research Publishing Inc. make crowdfunding more accessible to entrepreneurs in the developing This work is licensed under the Creative world” (Gajda & Walton, 2013: p. iii). Drawing on this and the fact that none Commons Attribution International License (CC BY 4.0). of the extant literature about crowdfunding in Africa has provided statistical http://creativecommons.org/licenses/by/4.0/ assessment of existing platforms on the continent; how much crowdfunding Open Access has been adopted and sustainably implemented across various region on the continent, this paper’s main goal is to depict and describe the current situa- tion of crowdfunding in Africa. -
The Busines Model.Indd
THE MYC4 BUSINESS MODEL CASE BUSINESS: FLORENCE NANDAWULAU IN UGANDA HAS LOANED EUR 250 THROUGH FED. SHE MAKES 50 FIREWOOD COOKERS A DAY AND SELLS THEM FOR EUR 0.25 A PIECE. By the end of 2008, MYC4 aims to reach 25,000 investors and facilitate investments of EUR 12.5 million in more than 5,000 African businesses. The MYC4 business model The MYC4 business model has been developed to tackle the problem that fi nance is available for large and micro-businesses in Africa, but limited for the many small and medium sized businesses. African macro-businesses are funded with international commercial fi nance by large banks, whereas micro-businesses are supported by donor money through a growing presence of microfi nance opportunities. Experience, however, shows that the wealth of nations is measured by the number of thriving small enterprises they possess, not by the giants. This is why MYC4 is determined to end poverty in Africa through growth amongst small and medium sized businesses deprived of funding from traditional fi nancing institutions or faced with excessive interest rates from local money lenders. Today, MYC4 is operating at the top of the microfi nance market (loans > EUR100) and at the bottom of the meso-segment, medium sized and small businesses (loans < EUR 100,000) with loans being offered not to the poorest of the poor but to entrepreneurs who already have a small business or company but lack access to fi nance. In the future, loans will also be offered to a broader section of the meso-segment.