UNDP Announces “timbuktoo,” a Financing Initiative for African Startups
Together with African nations, the United Nations Development Programme (UNDP) announced the “timbuktoo” initiative, which it claims is positioned to be “the world’s largest financing facility,” bringing together commercial and catalytic resources to assist Africa’s startup ecosystem. Achim Steiner, the UNDP administrator, President Paul Kagame of Rwanda, President Nana Akufo-Addo of Ghana, Secretary General Wamkele…