UNDP launches “timbuktoo” financing initiative for African startups
- The UNDP has launched the 'timbuktoo' initiative to support Africa's startup ecosystem.
- The initiative aims to mobilize and invest $1 billion to transform 100 million livelihoods and create 10 million new jobs.
- President Kagame and President Akufo-Addo expressed their support for the initiative.
The 'timbuktoo' initiative launched by the UNDP is a significant step towards supporting Africa's startup ecosystem. By mobilizing and investing $1 billion, the initiative aims to create opportunities for African youth and promote innovation and job creation. The support from President Kagame and President Akufo-Addo further highlights the importance of this initiative for sustainable economic growth in Africa.
