UNDP – KMAUPDATES

Jul222020 by KMA UpdatesNo Comments

Coronavirus – Nigerian Afropop star Yemi Alade joins UNDP’s call for urgent action to protect those hit hardest by COVID-19 surge

Entertainment

NEW YORK, United States of America, July 22, 2020/ -- United Nations Development Programme (UNDP) joined by key voices in international development, reiterates the importance of protecting the world’s poorest and most vulnerable people hit hardest by the socio-economic impact of COVID-19. This call comes under the auspices of the 2020 UN High-Level Political Forum on Sustainable Development (HLPF) in the event “Half the World: The Many Faces of Social Protection”. Half the world refers to 55 percent of the world’s population that are not covered by social insurance or social assistance, according to ILO data. Joining the event from Lagos, Nigeria, globally acclaimed Afropop star Yemi Alade shone a spotlight on those suffering the direst consequences of the pandemic, such as young wome...

Coronavirus – Africa: COVID-19 – Germany doubles its support to United Nations Development Programme’s (UNDP) flexible core funding

INTERNATIONAL

NEW YORK, United States of America, July 15, 2020/ -- The United Nations Development Programme (UNDP) strongly welcomes the decision of the Government of Germany to more than double its contribution to the organization’s core funding, thereby significantly increasing its investment in UNDP. This increased support comes at a critical juncture. Over the past months, the coronavirus pandemic has wreaked havoc on the health and livelihoods of millions of people around the world, stressing every country it touches with potentially devastating social, economic and political effects. UNDP estimates that global human development—a combination of the world’s education, health, and living standards - will likely fall this year for the first time since 1990 when the measurement began.&nb...

UGANDA: UNDP, Stanbic Bank Uganda Limited launched a Youth4Business Innovation and Entrepreneurial Facility

AFRICA, TECHNOLOGY, UGANDA

Kampala - Tuesday 07 July 2020: The United Nations Development Programme (UNDP) has inpartnership with Stanbic Bank Uganda Limited launched a Youth4Business Innovation andEntrepreneurial Facility designed to spur impact-driven entrepreneurship, foster innovation, andleverage business solutions to address the youth unemployment challenge; and enable micro,small and medium enterprises (MSMEs) recover from the impacts of COVID-19.The Facility, anchored in the global 2030 Agenda for Sustainable Development, is an integratedsupport package intended to act as a catalyst for innovation by enabling youth pilot andtransform sustainable enterprise ideas and models with a commercial viability into impact atscale. This will partly address the market failure where financial institutions are reluctant ...