UNDP launches “timbuktoo” financing initiative for African startups
Disrupt Africa | Tom Jackson - Jan 22, 2024
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Nana Akufo-AddoPaul KagameUnited Nations Development ProgrammeAfrican Continental Free Trade Areatimbuktoo
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AI-generated highlightsThe most relavant information from the article.
  • 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.
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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 new jobs and transform livelihoods. The support from President Kagame and President Akufo-Addo further highlights the importance of fostering innovation and economic growth in Africa.
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