Chapa Dimba Champions Head to London

Wednesday, June 17, 2026

Home Tags London

Main Story

Chapa Dimba Champions Head to London

Special Correspondent - May 11, 2018

Chapa Dimba Na Safaricom winners aboard to London Kapenguria Heroes from West Pokot and Plateau Queens from Kisumu; winners of the Inaugural edition of...

MOST POPULAR

Leading South Africa Microfinance Institution, Barko Goes Live on Temenos SaaS...

April 28, 2021

Every Child Counts (ECC) Expands Educational Support in Kenya Through Innovative...

September 26, 2024

East Africa the fastest growing region in Africa, with people leading...

November 22, 2018

I&M Bank Turns Shipping Containers into Bank Branches

January 17, 2024

HOT NEWS

News

Kim-Fay gets funding to expand into Tatu City

Gadgets

All set: KUTRRH confirms that it is ready to onboard KU...

Main Story

12 growth stage startups selected for 2023 VC4A Venture Showcase Africa

The United Nations Development Programme (UNDP), has signed a Joint Statement of Intent with the Islamic Corporation for the Development of the Private Sector (ICD) (https://ICD-PS.org) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) —both members of the Islamic Development Bank (IsDB) Group—introducing a new blended finance structure that leverages credit insurance to catalyze private investment in climate-smart sectors. This partnership will unlock capital for green small and medium-sized enterprises (SMEs) and support national efforts to achieve climate and sustainable development goals across the Arab States region. It will support financing across a broad range of sustainability-related areas, including climate change mitigation and energy transition, climate adaptation and resilience, sustainable water usage and governance, circular economy and management, sustainable agriculture and food systems and other green finance sectors. “Across our region, SMEs are the backbone of economies and helping them grow and innovate is critical to strengthening economic resilience and climate ambition,” said Abdallah Al Dardari, UN Assistant Secretary General and Director of UNDP’s Regional Bureau for Arab States. “Through this new partnership we will work closely with regional financial institutions to expand SMEs access to green finance, to accelerate inclusive, climate-resilient development in line with UNDP’s flagship Green Finance Platform.” In countries benefiting from the new partnership, ICD will provide financing facilities to partner banks and financial institutions while ICIEC will offer comprehensive credit insurance and risk-sharing solutions to encourage financial institutions to expand financing to green sectors, in addition to leveraging reinsurance partnerships to enhance the facility’s capacity and long-term sustainability. "By uniting ICIEC's risk mitigation, ICD's financing, and UNDP's development network, we are creating a scalable engine for green private sector growth,” stressed Mohammad Asheque Moyeed, Acting Director, Banking Department at ICD. “This partnership is our shared commitment to building a more inclusive and sustainable future for SMEs across our member countries." "Our role in this partnership is to unlock capital for the SMEs driving a greener, more diversified economy,” explained Yasser Alaki, Director of Business Development, ICIEC. “Through our credit insurance solutions, ICIEC provides the essential risk assurance that enables financial institutions to confidently channel financing toward this vital growth sector." Serving as a convener of the partnership, UNDP will facilitate linkages between financial institutions and SMEs engaged in its programmes and will coordinate joint efforts to mobilize resources to lower the cost of risk-sharing mechanisms.

News

New strategic partnership in the Arab States region to enhance access...

EDITOR PICKS

Family Bank to List by Introduction on NSE on June 23

June 11, 2026

Shelter Afrique Development Bank Unveils New Brand Identity as it Marks...

June 11, 2026

Gen Z tech talent rewires Africa’s fight against hunger

June 4, 2026

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

March 23, 2018

EABL signs lease deal for office space in upcoming Garden City...

March 14, 2018

Facebook Introduces Messenger Rooms and More ways to connect

April 27, 2020

Tag: London

Chapa Dimba Champions Head to London

MOST POPULAR

Leading South Africa Microfinance Institution, Barko Goes Live on Temenos SaaS...

Every Child Counts (ECC) Expands Educational Support in Kenya Through Innovative...

East Africa the fastest growing region in Africa, with people leading...

I&M Bank Turns Shipping Containers into Bank Branches

HOT NEWS

Kim-Fay gets funding to expand into Tatu City

All set: KUTRRH confirms that it is ready to onboard KU...

12 growth stage startups selected for 2023 VC4A Venture Showcase Africa

New strategic partnership in the Arab States region to enhance access...

EDITOR PICKS

Family Bank to List by Introduction on NSE on June 23

Shelter Afrique Development Bank Unveils New Brand Identity as it Marks...

Gen Z tech talent rewires Africa’s fight against hunger

POPULAR POSTS

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

EABL signs lease deal for office space in upcoming Garden City...

Facebook Introduces Messenger Rooms and More ways to connect

POPULAR CATEGORY