The SDG Finance Academy, UNDP’s innovative learning platform, held its vibrant session in Addis Ababa, focusing on upskilling participants in sustainable finance to drive Africa’s development goals. On April 18, 2024, as part of the enriching SDG Finance Academy event, the delegation visited the IFL office. There, they delved into the IFL’s innovative agenda, which is steering Ethiopia towards a future of enhanced financial inclusivity and economic resilience. This visit highlighted the IFL’s active role in harnessing sustainable finance as a catalyst for change.
From empowering SMEs through the Technical Assistance Facility, to mobilizing funds via the Enterprise Financing Facility, and fostering knowledge exchange with the Knowledge Sharing Initiative, IFL is reshaping Ethiopia’s economic landscape.
Visitors were particularly impressed with the Regulatory Sandbox Unit, which paves the way for compliant financial innovation, and the impactful Rebuild Her Business Crowdfunding Campaign, supporting women entrepreneurs alongside UNDP Ethiopia’s Accelerator Lab which has raised over $392,000 in a six month period to support women-led businesses in conflict-affected regions.
This event encapsulated IFL’s dedication to nurturing development and prosperity.
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