Browsing: UNICEF in africa

Cryptofund is part of UNICEF’s innovation fund, which allows the organization to hold, receive and disburse funds in cryptocurrency. The CryptoFund is a pooled fund of bitcoin and ether, distributed only in crypto, targeting to create visibility and transparency accounting to donation distribution and investment processes.

CyrptoFund will facilitate startups registered in UNICEF’s 190 programme countries as a prototype Fund that seeks to explore the use of digital currencies in these countries. Forty-one of the nations are African.

Startups registered in the 190 countries and have an operational, open-source blockchain prototype or are willing to make their startup open source are eligible to get the fund.

According to SOS Children’s Villages, 3.2 million children under the age of five die every year because of hunger and drought in Africa. In other words, more than half the children who die of hunger-related causes come from the continent.

In the same breath, he said that there has also been inconsistency in the flow of funds to UNICEF to support humanitarian response.

UNICEF said more than 255,000 children received treatment for severe wasting in Somalia last year. On Tuesday, January 2022, the International Organization for Migration (IOM) said the widespread drought in the Horn of Africa has severely affected the country the most, forcing the government to declare a state of emergency in November.