// REGIONAL ROUND-UP //
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KENYA
EIB Global and Kenya-based Family Bank have teamed up in a € 100 million financing deal for the country’ s women and young entrepreneurs. The financing targets expanding credit access to women-owned / led businesses and youth entrepreneurs in Kenya. EIB Global will advance € 50 million, which Family Bank will match. It is part of EU’ s Global Gateway strategy to promote trade, manufacturing, agriculture, climate action and services and seeks to bolster the working capital and investments of Kenyan SMEs and mid-caps.
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UK
The UK Digital Twin Centre has officially opened in Belfast, marking a major milestone in the UK’ s digital innovation landscape. Delivered by Digital Catapult and funded by the Belfast Region City Deal and Innovate UK, the project is set to drive the next wave of industrial transformation by accelerating the adoption of Digital Twin technology across the UK’ s critical sectors, projected to reach £ 62million in GVA for the economy over the next decade. A Digital Twin is a dynamic virtual representation of a physical asset, process or system, bridging the physical and digital worlds.
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Intelligent SME. tech
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