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Women’s Entrepreneurship Day Organization appoints Damali Ssali as its Uganda Ambassador to spearhead Women Empowerment and Poverty Alleviation.

Kampala – Uganda – The Women’s Entrepreneurship Day Organization (WEDO) Ambassadors work globally to spread the WEDO grassroots mission and message to empower women and girls to become active participants in the economy by igniting a network of women leaders, innovators and entrepreneurs to initiate startups, drive economic expansion and advance communities around the world. In order to achieve this ambitious goal, WEDO builds and catalyzes the vital networks of like-minded individuals and organizations that women business leaders need to realize their full potential and change the world.

Our global agenda this year will focus on the impact of Artificial Intelligence, Fintech and Blockchain Technologies, the disruption happening globally, and the important, pivotal role women play! 

The WEDO Ambassadors have grown to be celebrated in 144 countries and 110 universities. We convene Business Leaders, Government Officials and Civil society to collaborate and find solutions in critical areas of entrepreneurship ecosystems, education and policy creation to empower women in business.

Historically, women worldwide have been underpaid, undervalued, underrepresented, underfunded and underestimated. We are dedicated, determined and driven to change this global imbalance”, said Wendy Diamond, Founder of Women’s Entrepreneurship Day. 

The objective of our WEDO Ambassadors in 2021 is to strategically scale and deepen our impact globally.

In Uganda, women entrepreneurs will be coming together on Friday 19 November, with support from HiPipo, Stanbic Business Incubator, Uganda National Chamber of Commerce and Industry and Met Media, to celebrate, support, and empower other women entrepreneurs in the region.  Damali Ssali has been selected as the Women’s Entrepreneurship Day Ambassador for 2021 representing Uganda.

Damali Ssali will be launching a series of initiatives and campaigns in support of entrepreneurial development and support for women in Uganda.  An established entrepreneur and leading businesswoman in her field, WEDO Ambassador Damali Ssali, brings together a host of experiences fostering opportunities for innovation and development for women entrepreneurs.

Damali Ssali is a Ugandan Afro-optimist, an Author and the Founder of the Ideation Corner. She established the Ideation Corner, a social impact investment fund, that seeks a Uganda where every innovative entrepreneur has access to capital to scale their business. Damali’s range of expertise includes financial services, trade policy, technology, innovation, and entrepreneurship.

She is an Alumna of Harvard Business School where she specialized in Executive Leadership. Also, she holds a Master’s in Business Administration from the Grenoble Graduate School of Business in France, with a specialization in Innovation, Technology and Entrepreneurship Management.  Damali is an accountant by training and a Fellow of the Association of Chartered Certified Accountants (FCCA) and an affiliate of the Institute of Public Private Partnerships (PPPs).

She started off her career in financial services industry, in the City of London, working with one of the largest hedge funds in the world. Damali later transitioned her career into trade development and facilitation when she relocated back to Uganda in 2013 with dreams of setting up a venture capital fund to support innovative young Ugandans with seed funding.

The ambassadors have been working diligently to elevate the WEDO movement simultaneously with WEDO’s annual event which will take place officially worldwide on November 19th, 2021, and in New York City at the United Nations. Everyone will come together to join WEDO’s mission in alleviating poverty by empowering, celebrating and supporting women in business globally.

It is inspiring to see women across the globe unite for a single cause,” said Wendy Diamond, Founder, and President of Women’s Entrepreneurship Day. “By donating their time, effort and resources to Women’s Entrepreneurship Day, they are not only celebrating, supporting and empowering women in business in over 100 countries but also contributing to global unification.”

Minus Damali Ssali, other global business leaders that have joined WEDO this year include; Anna Sui (International Fashion Designer), Her Royal Highness Princess Märtha Louise of Norway, Shanu Hinduja (Chairperson Hinduja Foundation U.S., Co-Chair Hinduja Global Solutions), Kathleen King (Founder Tate’s Bake Shop Sold to OREO giant Mondelez International for a yummy $500 million!), Eileen Murray (Co-CEO Bridgewater Associates, The world’s largest hedge fund), and Her Excellency Inga Rhonda King (Seventy-Fourth President of the Economic and Social Council (ECOSOC) United Nations).

Building on the successes of WEDO, the WEDO Ambassadors across the globe will initiate programs, campaigns and mentorship programs with regions adopting entrepreneurial support programs that showcase new business ventures in technology, food production, fashion, retail, environmental and educational enterprises being launched. 

WEDO is making a difference! Ambassador achievements include funding 500 Syrian refugee girls to attend high school in Jordan. Saudi Arabia WEDO team hosted a nation-wide entrepreneurship training program for 60,000 female college students and early-stage entrepreneurs and 25 young women received funding to launch their own businesses.  In New York City at the United Nations, WEDO donated 500 microloans to impoverished women so they can start their own business. In Oman, our WEDO ambassador announced an initiative to empower women and girls by using their votes against arranged marriage. And in Uruguay, a partnership with a local university offered 20 scholarships to the girls present at the WEDO summit.  Our Philippines team educated 1000 rural women with financial literacy – all over the world WEDO’s Ambassador team is making an impact! 

Empowering women worldwide and investing in their futures helps to drive and promote economic vitality and security locally and globally,” said Diamond. “Leadership skills, such as cooperation, communication, and sharing are more commonly associated with women. We want to celebrate the unwavering positives that women entrepreneurs bring to the global economy as well as inspire and support future generations of women entrepreneurs.”

About Women’s Entrepreneurship Day

Women’s Entrepreneurship Day (WEDO) will be celebrated globally on November 19th, and is the world’s largest, non-governmental, volunteer, grassroots movement and mission dedicated to celebrating, supporting and empowering women worldwide. WEDO encourages four billion women worldwide to pursue their entrepreneurial dreams, with the goal of inspiring hope and alleviating poverty.

WEDO will also launch the #ChooseWOMEN initiative on December 1, 2021 a global social media initiative and directory inspiring women and men to pledge their support to a women-owned business or cause.  

Women’s Entrepreneurship Day/#WomenWOW #ChooseWOMEN

#DIAA2021: Journey to 2021 Digital and Financial Inclusion Summit kicks off with a Call for Entries

For Immediate Release.   

Wheels to the 2021 Digital and Financial Inclusion Summit that will also feature the 8th edition of Digital Impact Awards Africa have been set in motion with the opening of all channels for submissions of entries.

The Digital and Financial Inclusion summit will explore the strategic trends and technologies that are shaping the future of Digital, Information Technology and Business with special attention to the safety of customers’ funds and security of platforms in the financial technology industry. The summit will discuss at length the disruptive impact of COVID-19 on the general business ecosystem and what players must do to recover.

This year’s summit will bring together C-Level executives that are spearheading the introduction, adoption and usage of digital and financial services across Africa. Speakers will come from multinationals, large enterprises, small and mid-sized enterprises, start-ups, informal businesses (such as market vendors and smallholder farmers) and sole proprietorships (public transport drivers/riders and e-commerce delivery agents), among others.  

As such, all people interested in being part of the 2021 Digital and Financial Inclusion Summit speakers and presenters in all the aforementioned categories should email their expression of interest to socialweb@HiPipo.com before November 20th. Such a submission should include a brief about the potential panelist and why they must be shortlisted.

#DIAA2021 Nominations underway.

This call for entries thus marks the start of a comprehensive Digital Impact Awards Africa entry submission and validation process that will run until November 13th, 2021. This will then be followed by the release of a list of nominees, Jury assessment and a rollout of public voting from November 17th to December 9th.

Under the theme #IncludeEveryone, Digital Impact Awards Africa is a platform that promotes Digital Inclusion, Financial Inclusion and Cyber security. Precisely, the Awards seek to recognize, celebrate and appreciate different individuals and organizations that are spearheading the use of digital mediums to better serve their communities.

Altogether, there are 10 Africa-focused and 17 Uganda-dedicated categories as shown in the #DIAA2021 entries’ submission form.

This year’s Digital and Financial Inclusion summit will run from 9th to 10th December at Hive Colab and Mestil Hotel respectively, with the Awards gala set to be the climax of this two-day interactive, informative and intriguing activity.

The summit and awards will use 3 official tags

#IncludeEveryone #DIAA2021 #LevelOneProject

Categories

  1.  Mavmica Acebooktwittermore

Africa

  1. Africa Best FinTech Innovation
  2. Africa Best Smart Device Initiative
  3. Africa Best Internet Access Initiative
  4. Africa Best Mobile Innovation for Health
  5. Africa Best Mobile Innovation for Agriculture
  6. Africa Best Mobile Innovation for Education
  7. Africa Best Mobile Innovation for Banking
  8. Africa WomenInFinTech – Leadership Award (Personality)
  9. Africa Financial Inclusion – Medal of Honor (Personality)
  10. Africa Best Digital Response to Covid Impact.

Uganda

  1. Financial Inclusion Excellence
  2. Women Financial Inclusion Outstanding Contribution
  3. Digital Banking Excellence (Online/Web, Mobile, Social Banking)
  4. E-Commerce Excellence
  5. Agriculture Digitization Excellence
  6. Green Energy Excellence Powered by Financial Inclusion.
  7. Best Digital Customer Experience
  8. Best Brand on Social Media (Financial Services, Telecom, IT)
  9. Best Brand on Social Media (Consumer Goods)
  10. Best Brand on Social Media (Utilities, Government Services)
  11. Best Digital Powered Campaign
  12. Best Mobile Payments (Innovation)
  13. Best Cards Payments (Innovation)
  14. Best Community Banking
  15. Best Digital Awareness Initiative (Financial Literacy, Cybersecurity)
  16. Best Digital Embrace (Non-Consumer Facing Brand)
  17. Digital Brand of the Year

Ends.

#LevelOneProject: Kuzimba Services wins 2021 #WomenInFinTech Hackathon

Our Reporter.

The week-long Women in Fintech Hackathon came to an end last Friday with Kuzimba Services, providers of online construction and engineering solutions being declared winners after shrugging off tough competition for the top prize.

Organised by HiPipo in partnership with Crosslake Technologies, ModusBox, Mojaloop and Level One Project, the hackathon that culminated into the Women in Fintech summit, also saw all the teams that made it into the top six rewarded with cash prizes in addition to further three months training –incubation program.

Kuzimba services, whose team leader is Eng. Ephrance Eunice Namugenyi, won the top cash prize of Shs4million in addition to further three month training in different aspects, including business side of technology, product management and marketing. Hack Girls – developers of an interoperable payment platform for NGOs were second while PesaJet – with their digital agriculture platform named Farmore came third.

“What was just an idea has turned out to be real and usable. The hackathon has been hectic but we were up to the task. We knew we had a good product that addresses real community needs but winning the overall product has been a huge surprise,” Eng. Namugenyi told Daily Monitor in an interview after her team scoping the overall prize.

She added:  “With Kuzimba web/mobile app, you can quickly get help on estate/site/home building/construction. We provide online and fast engineering solutions, making purchase of building materials and transportation easy as well as providing access to building experts, carpenters, transportation means, architects, interior designers, cleaners and engineers.”

The Women in Fintech hackathon had 16 teams that were women led and women dominated with each team having between two to four members, majority of whom under the age of 30 years. The hackathon introduced the participants to new and emerging tools and technologies that are available to help them create inclusive and instant payment solutions that can ably serve people at the bottom of the pyramid.

Trials and Tribulations.

Although HiPipo and partners, including Crosslake Technologies, ModusBox, Mojaloop and Level One Project, are looking at empowering more women in the technology space, particular in areas of developing innovative and interoperable technologic solutions, there are still numerous barriers hindering women participation in Fintech and technology as a whole.

Discussing challenges and way forward at the Women in Fintech Summit, Founder and Author of Ideation Corner, Ms Damali Ssali noted that cost of both internet and digital transaction remains way beyond what many women, including those in Micro, Small and Medium enterprises can afford. And this explains why only just about 10 per cent of money is being exchanged digitally in Uganda.

As for Ms Doreen Lukandwa, the Vice President Global Enterprises at MFS Africa/Beyonic, women need to be allowed to be revolutionaries as it is through this freedom to invert and innovate that they can eventually develop products that empower them to be better across the economic sectors.       

Offer support.

Nonetheless, Innocent Kawooya, the HiPipo CEO noted that even amidst several challenges, stakeholders both government and private must continue to empower and encourage more women participation in technology at all stages as this is one of the surest ways of closing the gender diversity gap in the technology space.

“Our intention and that of our partners is to ensure that the technological gender gap is closed. Platforms like the Women in FinTech hackathon and summit are just one example of what we are doing to empower women,” Innocent Kawooya said.

 He continued: “We want to see more women in the digital innovation space, support them to not just understand but also innovate digitally. We will also continue working towards inclusive digital solutions as well as creating technologies that support and help populations at the bottom of the pyramid get financially included.”

Additionally, Hon David Karubanga, the HiPipo Patron and MP for Kigorobya County noted that the government of Uganda is committed to enhancing financial inclusion and women empowerment.

He promised to work with HiPipo to present all the sixteen teams’ ideas to the Ministry of ICT and deliberate on how they can be further helped.

Top Six Teams.

1. Kuzimba Online Services – Online Supermarket for Construction and Engineering.

2. Hack Girls – An interoperable finance management solution to enable NGOs and other organisations disburse bulk transactions to final beneficiaries.

3. PesaJet (Farmore) – A digital platform for smallholder farmers offering garden inputs, markets, savings and loans.

4. Green Shares – Digital Payments for fmallholder Farmers

5. Mpa Mpe – A fundraising platform for young entrepreneurs and their businesses.

6. Farmers Financial Development Avenue (FFDA) – A solution that connects farmers to banks, helping them have easy access to credit services.

Ends.

#LevelOneProject: Damali Ssali urges #WomenInFinTech participants to use the Internet to improve their Products

Kampala, Wednesday October 13, 2021: Participants at the on-going Women in FinTech Hackathon have been challenged to make good use of the Internet as it has several resources needed for product success.

This message was delivered by Damali Ssali, a seasoned Chartered Accountant, Book Author and the Founder of the Ideation Corner on Day 5 of the Women in FinTech Hackathon.

Damali Ssali noted that even though Product Development and Roll-out is a hectic process, putting the Internet to proper use can help fix several issues.

“The internet as a tool contains a lot of resources from product development, research and fundraising among others. The internet will also help you make sure that the product you are developing is not a duplicate of what is already on the market. The internet will help you improve your product. Put it to proper use,” Damali Ssali noted.

Ms Ssali further asked the participants to join FinTech minded and Tech based groups as these too have a lot of technical resources that are crucial for product success.

She later engaged participants in a question and answer session where teams were allowed to ask questions about Technology, Finance, Marketing, and Fundraising.

The week-long Hackathon, organized by HiPipo in partnership with Crosslake Technologies, Modusbox, Mojaloop and Level One Project, will culminate into the Women in FinTech summit on Friday, October 15th, 2021 where the three top teams will be announced and get to share USD5,000 in prizes in addition to being part of a 90-day Business Incubator Program.

Empowering Innovators.

HiPipo is proud to remain one of the continent’s premier advocates for the creation, dissemination and adoption of digital financial services, and we remain highly enthusiastic to provide the ways and means for our innovators to fully develop solutions that will collectively lead millions of our people to better lives and improved livelihoods.

The inaugural Women in FinTech initiative in 2020 exceeded expectations and left no doubt that women are ready to play a starring role in the digital financial services space and can fill the product gap the sector currently contends with.

All the 15 participating teams in 2020 presented excellent ideas, and HiPipo is more than pleased to reveal that it supported three (3) of them to grow into startups, each with a Minimum Viable Product (MVP) that’s ready for the market, which was a success to an extent that they went on to take part in the recently-concluded 40Days 40 FinTechs initiative.

Ends.

Uganda Network Operators Group (UGNOG) Hosts Successful Second Summit

On 29th September 2021, the Uganda Network Operators Group (UGNOG) held its second summit since its official launch in October 2020.

UGNOG creates an environment where Internet community participants such as operators, enthusiasts, the government, and scholars can discuss best industry practices and empower our community to meet the ever-changing demands of a global network in service of building the internet of tomorrow.

It is managed and organized by a group of volunteers with the aim of capacity building and technology development within Uganda.

The UGNOG summit intends on brought together the Ugandan internet community participants to educate them on a couple of topics, including; Updates from African Network Information Centre (AFRINIC), network security, open access, ISP last-mile service delivery and threat Intelligence.

While there seems to have been a general decline in activities due to the ongoing enforcement of the Covid-19 restrictions, UGNOG is hopeful to engage in more activities in 2021 and 2022.

‘As the network operators’ group (NOGs) grows, we intend to have more activities such as capacity building, workshops, outreach and more meetings’ said Isabel Odida, the Founder of UGNOG.

She mentioned that she hopes that the NOG engagements would return to physical ones instead of last year’s, primarily virtual engagements due to the pandemic.

Sponsors of the event included Raxio Data Centre, Global NOG Alliance, Flexoptix, Work Online Communications, Internet Society, Uganda Internet Exchange Point, Team Cymru and Roke Telecom.

UGNOG was birthed from the African Network Operators Group (AFNOG), a forum for cooperation and the exchange of technical information between operators of internet-connected networks in Africa.

Network Operators’ Groups are informal, country-based, or regional groups that exist to provide forums for Internet network operators to discuss matters of mutual interest, usually through a combination of mailing lists and annual conferences.

#LevelOneProject: Primera Muthoni mentors #WomenInFinTech participants on Product Management

Day four of the ongoing Women in FinTech Hackathon was a huge success as participants learnt about Product Management, Prototyping, and the Digital Financial Services Providers (DFSPs) ecosystem.

The day’s mentor, Primera Muthoni; an ICT Product Development Expert and a senior mentor with Girls for Girls, Uganda Program urged the participants to pay utmost attention to product research, and the know your customer (KYC) matrix as the two are key to product success.

Discussing product management, Muthoni noted that the only way to develop a sustainable product is by identifying a problem, knowing the audience it affects and then coming up with a solution.

She further advised the groups to identify their competitive advantage and include it in their product development stages such that it can be compelling to any potential investors.

“An investor wants to see where you are headed. Does your product have a promise? How do the market projections look like?” Muthoni noted.

She added that a good product should have both a product road-map and technology roadmap and this should be realized in no more than 12 weeks.

“By the time the product is ready, make sure you have double or triple-checked it. Leave no room for a foul start because it creates a bad perception about your product,” she said.

Primera Muthoni was the third mentor at the ongoing Women in FinTech Hackathon that has attracted 17 women-led teams of between two to four members each. The teams are coming up with financial inclusion solutions that address their community needs, aided by Level One Project principles and latest technologies.

The other mentors before her were Catherine Namara; a telecommunications engineer, project management expert, an alumna of the G4G (Girls4Girls) STEM and the current head of fundraising and strategy at Girls4Girls and Doreen Lukandwa; the Beyonic/MFS Africa vice president (global enterprises).

During the Day Four morning session led by Cleopatra Kanyunyuzi, the co-founder of Club Tangaza, the Hackathon participants were taken through Digital Financial Service Providers (DFSPs), Application Programming Interfaces (APIs), and Interoperability Models citing that these help to ease the work of the innovators, by providing customers with real time customer transactions, security, efficiency, accountability and convenience.

The week-long Hackathon, organized by HiPipo in partnership with Crosslake Technologies, Modusbox, Mojaloop and Level One Project, will culminate into the Women in FinTech summit on Friday, October 15th, 2021 where the three top teams will be announced and get to share USD5,000 in prizes in addition to being part of a 90-day Business Incubator Program.

Empowering Innovators.

HiPipo is proud to remain one of the continent’s premier advocates for the creation, dissemination and adoption of digital financial services, and we remain highly enthusiastic to provide the ways and means for our innovators to fully develop solutions that will collectively lead millions of our people to better lives and improved livelihoods.

The inaugural Women in FinTech initiative in 2020 exceeded expectations and left no doubt that women are ready to play a starring role in the digital financial services space and can fill the product gap the sector currently contends with.

All the 15 participating teams in 2020 presented excellent ideas, and HiPipo is more than pleased to reveal that it supported three (3) of them to grow into startups, each with a Minimum Viable Product (MVP) that’s ready for the market, which was a success to an extent that they went on to take part in the recently-concluded 40Days 40 FinTechs initiative.

Ends.