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Recent News
February 08, 2010: Ministry of Finance and Economic Planning (MINECOFIN), United Nations Capital Development Fund (UNCDF) and United Nations Development Fund for Women (UNIFEM) Sign a Memorandum of Understanding on Gender Equitable Local Development in Rwanda Kigali, Rwanda - The Government of Rwanda (GoR) through the Ministry of Finance and Economic Planning (MINECOFIN) signed a Memorandum of Understanding (MoU) with the United Nations Capital Development Fund (UNCDF) and the United Nations Development Fund for Women (UNIFEM) who have agreed to support Local Governments in five African countries (Mozambique, Senegal, Sierra Leone, Rwanda and Tanzania) through the Gender Equitable Local Development (GELD) programme. The objective of the GELD programme is to achieve gender equitable local development by improving women's access to resources and services through gender responsive planning, programming…
February 03, 2010: President of the Republic of Liberia Visits UNDP/UNCDF Joint Projects in Gbarpolu County Monrovia: The President of the Republic of Liberia, Excellency Ellen Johnson Sirleaf, recently visited the District of Gbarma in Gbarpolu County to assess the UNDP/UNCDF joint Microfinance Village Savings and Loan Association scheme and the Liberian National Decentralization and Local Development (LDLD) program. Her Excellency, the President was received by the joint UNDP/UNCDF team headed by the UNDP Assistant Resident Representative, Mr. John Walker and the UNCDF National Programme Officer, Mrs. Angelance Browne, and was welcomes by LDLD Staff as well as beneficiaries of the district. During the ceremony, the women…
February 01, 2010: More Pacific Islanders to Benefit from Australian Support for Microfinance Canberra - Australia will provide $2 million over the next three years for the Pacific Financial Inclusion Program (PFIP) to help increase access to financial services among low income, rural and remote households in Pacific Island communities.PFIP is a Pacific-wide program helping provide sustainable financial services to low income and rural households. It was established in 2008 with funding from the United Nations Capital Development Fund, European Union and the United Nations Development Programme.The Program works with microfinance institutions and financial service providers to help them deliver better quality services…
January 28, 2010: UNCDF, UNIFEM and UNDP Launch Gender Equitable Local Development Project in Tanzania Dar es Salaam - The Gender Equitable Local Development (GELD) project is a joint UNCDF/UNIFEM/UNDP initiative designed to facilitate the achievement of gender equality and justice through improved well-being and status of women. The project is being implemented in five African countries: Mozambique, Rwanda, Senegal, Sierra Leone and Tanzania. UNCDF, UNIFEM and UNDP recently launched the project in Tanzania. In this country, GELD is being implemented in Morogoro urban and Morogoro rural municipalities, about 200 kms west of the capital city, Dar es Salaam. The launch was organized at three…
January 27, 2010: Village Savings and Loan Association Launched in Liberia Monrovia – The Chief Technical Advisor for Microfinance at the United Nations Development Programme, Kenyeh Barlay, says UNDP and UNCDF support to women’s empowerment programmes in Liberia is intended to address the acute poverty levels in the country and provide better opportunities for national growth and development. Speaking at the launched of the Village Savings and Loan Association (VSLA) in Greenville, Sinoe County over the weekend, Ms. Barlay said the VSLA is targeting women because they have a better record of loan repayment and undertaking sustainable development initiatives to support their…
January 26, 2010: Mobile Phone Banking To Take Off In Samoa Apia - Commercial banks, microfinance institutions, telecos, civil society organizations, government officials and donor agencies in Samoa now have a better idea of what mobile banking can offer to the island nation.This was made possible through an information exchange focusing on mobile phone banking and remittances that was organized by the Pacific Financial Inclusion Programme (PFIP) in partnership with the Central Bank of Samoa (CBS).PFIP is a Pacific-wide programme helping provide sustainable financial services to low income households. It is funded by the United Nations Capital Development Fund (UNCDF), European…
January 25, 2010: UNDP and UNCDF commit $4m towards microfinance development in Rwanda Kigali - The United Nations Development Program (UNDP) and the United Nations Capital Development Fund (UNCDF) have committed $4m to building an inclusive financial sector in Rwanda.The programme - jointly funded by UNDP ($US 2 m) and UNCDF ($US 2m) - aims at sustaining the implementation of the National Microfinance Strategy for a period of four years between 2009 and 2014.A memorandum of understanding that will see disbursement of these funds was signed yesterday between UN Resident Coordinator Aurelien Agbenonci and Finance Minister John Rwangombwa.“This support is highly appreciated because it…
January 13, 2010: UNCDF Executive Secretary statement on the earthquake in Haiti NEW YORK - It is clear that the consequences of yesterday’s earthquake in Haiti are severe. Reports indicate that schools have collapsed, homes have been destroyed, and hospitals are being overwhelmed by the large numbers of injured coming in for medical assistance. While humanitarian relief efforts have begun and the UN is mobilizing an emergency response team to help coordinate them, communications remain extremely difficult and accurate information is still scarce. UN buildings in Port-au-Prince were badly damaged and communications facilities have been destroyed. Our three UNCDF colleagues serving in Haiti are…
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