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24 July
ace 07:31

Grant Opportunity for Digital and Financial Transformation

A The Economics of Open Transaction Networks It represents a cornerstone for the future of financial development and digital inclusion, promoting more efficient, transparent and accessible operational ecosystems. In the context of Cape Verde, this joint initiative by the Bill & Melinda Gates Foundation and the Global Development Network (GDN) presents a strategic opportunity to drive local innovation. The creation of public and interoperable digital infrastructure enables small businesses, citizens and financial institutions to carry out transactions quickly and at low cost, overcoming the geographical barriers inherent in the archipelago’s insularity.

Impact on the Cape Verdean Ecosystem

This grant programme is designed to support researchers, policy-makers and innovators in developing pragmatic solutions based on the open networks model. In Cape Verde, strengthening these technological architectures could revolutionise key sectors such as tourism, the blue economy, e-commerce and mobile payments. By eliminating unnecessary intermediaries and reducing transaction fees, the initiative aims to financially integrate the populations of all the islands, boosting the country’s competitiveness in the regional arena.

How to participate

The selected projects will receive financial support and access to a global network of experts to carry out impact studies, technology pilots or public policy proposals. Above all, we are seeking proposals that demonstrate sustainability, a focus on gender equality and practical solutions to the challenges of literacy and financial inclusion in the Cape Verdean context.

This is the ideal opportunity to position Cape Verde at the forefront of Africa’s digital economy, transforming the national financial ecosystem through knowledge and open-source technology.

Important Information for Applicants:

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