By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Tatweer Misr breaks sales record in H1 2023
    Tatweer Misr breaks sales record in H1 2023
    September 25, 2023
    Real estate exports boost Egypt’s economy, Cityscape panel reveals
    Real estate exports boost Egypt’s economy, Cityscape panel reveals
    September 25, 2023
    SODIC reports 22% sales growth in 2023
    SODIC reports 22% sales growth in 2023
    September 25, 2023
    Huawei partners with Egypt to transfer modern technologies for digital transformation: Madkour
    Huawei partners with Egypt to transfer modern technologies for digital transformation: Madkour
    September 25, 2023
    HSBC plans climate tech funding push
    HSBC plans climate tech funding push
    September 25, 2023
  • Politics
    PoliticsShow More
    Presidential election in Egypt set for 10-12 December
    Presidential election in Egypt set for 10-12 December
    September 25, 2023
    Defence Minister meets NATO Military Committee chief
    Defence Minister meets NATO Military Committee chief
    September 25, 2023
    Egypt, Jordan, and Iraq discuss economic, political cooperation in New York
    Egypt, Jordan, and Iraq discuss economic, political cooperation in New York
    September 24, 2023
    Al-Sisi highlights opportunities for mutual benefit with China
    Al-Sisi highlights opportunities for mutual benefit with China
    September 24, 2023
    Egypt, India affirm their strategic partnership, discuss regional issues
    Egypt, India affirm their strategic partnership, discuss regional issues
    September 24, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: International Cooperation Minister witnesses UNDP Egypt accelerator lab launch
Share
Notification
Latest News
Presidential election in Egypt set for 10-12 December
Presidential election in Egypt set for 10-12 December
Politics Egypt
Tatweer Misr breaks sales record in H1 2023
Tatweer Misr breaks sales record in H1 2023
Business
Real estate exports boost Egypt’s economy, Cityscape panel reveals
Real estate exports boost Egypt’s economy, Cityscape panel reveals
Business
SODIC reports 22% sales growth in 2023
SODIC reports 22% sales growth in 2023
Business
Huawei partners with Egypt to transfer modern technologies for digital transformation: Madkour
Huawei partners with Egypt to transfer modern technologies for digital transformation: Madkour
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > International Cooperation Minister witnesses UNDP Egypt accelerator lab launch
Business

International Cooperation Minister witnesses UNDP Egypt accelerator lab launch

Daily News Egypt
Last updated: 2021/04/14 at 7:20 PM
By Daily News Egypt 5 Min Read
Share
International Cooperation Minister witnesses UNDP Egypt accelerator lab launch
SHARE

Egypt’s Minister of International Cooperation Rania Al-Mashat has taken part in the official launch event of the UN Development Program (UNDP) Egypt accelerator lab.

With under 10 years left to achieve the UN Sustainable Development Goals (SDGs), the world is set on reimagining development. It looks to tap into collective intelligence to pave the way for the green, resilient, and inclusive future. 

Minister Al-Mashat joined the UNDP Egypt Accelerator Lab official launch event, titled “The Future is Calling, We are Answering”, to discuss shifting mindsets and adopting reform plans.

The event sets a great momentum for a glocal network for creativity to pave the way for a better future. Innovation and resilience are essential to cope with the fast-paced changes in technology, calibrating people’s skills and businesses to fit in the dynamic economic sphere. 

“To reach a sustainable future, we must keep pushing towards scientific research, global collaboration, and the pursuit of sustainable targets,” the minister said, “Collective intelligence is key to reimagine the world we live in.” 

In opening remarks, UNDP Resident Representative in Egypt Randa Aboul-Hosn said, “We are approaching complexity in the world with learning.”  

Aboul-Hosn also proudly explained that the Egypt Accelerator lab is led by women, adding, “As part of a global network, we are asking how to find solutions, and how to tackle challenges to move forward, and to be able to adapt in the face of challenges, collective action is needed, alongside innovation and learning.” 

The UNDP Egypt Accelerator Lab is part of a global network of 91 accelerators across 115 countries, and serves as a platform for innovation.

It also aims to support decision-makers and development partners to explore and experiment solutions that can address global challenges. 

“The Accelerator Lab is part of the UNDP’s drive to be an incubator for the future and to accelerate progress towards the 2030 Agenda and the achievement of the SDGs,” said Aboul-Hosn.

Gina Lucarelli, Team Leader of the Accelerator Lab Network, pointed out how the world has witnessed a boost in creativity during the pandemic across several fields. 

Minister Al-Mashat elaborated that one of Egypt’s creative stories weathering the pandemic’s socio-economic challenges was the story of Kemama. 

While putting people at the core, Kemama, a community-based initiative in partnership with the UNDP and the El Nidaa Foundation, engaged Egyptian women from Upper Egypt to produce medical face masks. This helped provide them with a source of income during the dire times of the novel coronavirus (COVID-19) pandemic. 

The minister added that the Accelerator Lab is integral for efficient cooperation, as it explores various areas of development, in experimenting with the UNDP, and in mapping successful innovations. 

Minister Al-Mashat emphasised that innovation plays an important role in filling the development financing gap “by suggesting new ideas that are more cost and time efficient, and have a higher impact on the economy and society”. 

The creativity-led development framework is in alignment with Egypt’s tactics of education modernisation, digital transformation, and private sector engagement in the national agenda.

“Together with the Egyptian Government, private sector, civil society as well as youth and actors in the innovation ecosystem, the UNDP Egypt’s Accelerator Lab acts as a fast-learning network on sustainable development challenges and catalysts for change,” Aboul-Hosn said, “It provides partners with new approaches to address development problems unleashing the power of local innovations, collective intelligence and experimentation.”.

Minister Al-Mashat added that Egypt is the leading regional startup hub.

“The startup scene has boomed during the pandemic showing an innovative generation of creators and trendsetters who are able to adapt to a challenging business and economic environment,” she added, “Through the UNDP Accelerator Lab, we are able to encourage their dynamic force further and allow more people not just to succeed, but also to explore new fields of potential growth.” 

The launch also saw a panel discussion among members from the Accelerator Lab network representing countries across the region, including Iraq, Lebanon and Sudan. This took place in the form of a discussion around development challenges and experiences in leading Accelerator Labs’ within their country offices.

You Might Also Like

Tatweer Misr breaks sales record in H1 2023

Real estate exports boost Egypt’s economy, Cityscape panel reveals

SODIC reports 22% sales growth in 2023

Huawei partners with Egypt to transfer modern technologies for digital transformation: Madkour

HSBC plans climate tech funding push

TAGGED: International Cooperation Minister, UNDP
Share this Article
Facebook Twitter Email Print
Previous Article Egypt, Arab League, UN discuss developments in Libya Egypt, Arab League, UN discuss developments in Libya
Next Article The Central Bank of Egypt (CBE) has said that portfolio investment flows directed to emerging markets (EMs) will witness a slow and uneven recovery in favour of regions with the strongest economic recovery. Financial position of banks in Egypt rises to EGP 7.158trn in January 2021: CBE
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Presidential election in Egypt set for 10-12 December
Presidential election in Egypt set for 10-12 December
Politics Egypt
Tatweer Misr breaks sales record in H1 2023
Tatweer Misr breaks sales record in H1 2023
Business
Real estate exports boost Egypt’s economy, Cityscape panel reveals
Real estate exports boost Egypt’s economy, Cityscape panel reveals
Business
SODIC reports 22% sales growth in 2023
SODIC reports 22% sales growth in 2023
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?