Date:
27 May - 27 May, 2021
Time:
09:00:00 - 10:30 am
Venue:
Zoom
Duration:
1.5 Hour
Category:
Stakeholder Event
Details:

The COVID-19 pandemic is challenging the world in an unprecedented manner. In Africa, the Caribbean and the Pacific, the consequences of the pandemic pose a new threat to livelihoods and economic growth.

In response to the crisis, the public and the private sector have accelerated their digital transformation. In this process, digital financial services reached new levels showing a clear appetite for services that allowed transactions and social transfers to happen with appropriate social distancing. However, this digital transformation is not reaching all members of society equally. In particular youth and women working in the informal sector are still largely excluded in some markets.

UN Capital Development Fund (UNCDF), in partnership with the European Union, and the Organization of African, Caribbean, and Pacific States (OACPS) are organizing an event to launch a new joint initiative in digital finance. The objective of the initiative is to unlock the potential of digital financial services for the resilience of economies in Members of the OACPS.

The joint action aims to reach more than 600,000 women, youth and entrepreneurs that have been hit by the effects of the pandemic in their activities and livelihoods.

Join the event on Thursday, 27 May 2021 to hear about this new initiative and how digital finance is evolving in different markets in Africa. You will hear experiences of the private and the public sectors in Malawi, Sierra Leone, and Uganda. The programme team will share the objectives of the joint initiative and the market development approach it will take to accelerate digital financial inclusion that leaves no one behind.

Register Now