Improving Economic Opportunities and Finance Approaches in Africa
On a Path to Middle Income Status
Rwanda aspires to become a middle-income country by 2035 and a high-income country by 2050. To support this pursuit, Three Stones has been awarded a contract from United Kingdom’s Department for International Development (DFID) to work with the Government of Rwanda and its Ministry of Trade and Industry to develop an Economic Diplomacy Strategy and action plan.
Improving Savings Group Effectiveness and Use
Three Stones was awarded a contract from United States Agency for International Development (USAID) to complete a Savings Group Assessment for their flagship Community Health and Improved Nutrition (CHAIN) Program. In this capacity, Three Stones will provide technical assistance to USAID to evaluate the multiple affinity-based savings groups as well as identify best practices and programmatic weaknesses. Data will be collected from seven districts. Efforts will be coordinated with Ministry of Finance and Economic Planning, the Rwanda Cooperative Agency, and the Rwanda Central Bank. Mobile money providers will be assessed on knowledge of SMS-based group savings accounts and intra-group transactions.
Three Stones is committed to work with governments, donors, banks, private sector and development implementers on economic growth opportunties and finance approaches for Africa. We engage both at the community and national level. Other recent work includes:
Mozambique and Ghana: impacts of improving agricultural production and incomes for small-holder farmers;
Rwanda: determine experiences with finance, banking, loans and investments; train on financial services, income and expenditure and; utilization of technology and mobile banking;
Uganda and Rwanda: effectiveness of financial literacy.