• Recap

Recap: Digital Transformation Retreat of KfW Development Bank: Shaping a Responsible Digital Transformation in International Development Cooperation

© KfW/Nadine Kuch

The Innovation, Digitalisation and Communication Department of KfW Development Bank recently hosted a two-day event with more than 80 participants, including experts from KfW, BMZ, EU, GIZ and the private sector. The focus was on sustainable digital transformation in the context of development cooperation.

Shaun Conway, founder of ixo, highlighted the potential of blockchain in tracking the impact of development projects. Dr. Iliya Nickelt, Chief Data Scientist at BMZ, introduced modern collaboration in digital public infrastructure and presented two AI-based tools developed by the BMZ Data Lab. Noémie Bürkl, Head of the Department for Digitalisation at BMZ, Miguel Exposito-Verdejo, Deputy Head of the Unit for Science, Technology, Innovation and Digitalisation at EU INTPA F5 and Christian Krämer, Director General Strategy and Latin America at KfW, discussed strategies to accelerate the digital transformation.

In hands-on sessions, the participants shared experiences on designing projects and the use of digital technologies for improving the impact on women, girls and marginalised groups. Deep dives into digital technologies such as e-wallet transactions, blockchain and smart contracts provided an opportunity to feel the digital transformation. In a live broadcast, Yurii Prepodobnyi, the co-founder of Skeiron, impressively demonstrated how Ukrainian heritage can be saved virtually through 3D-scanning.

KfW Development Bank is currently overseeing around 400 digital projects worth more than €11 billion, reflecting a strong commitment to positive change through digital technology.

© KfW/Nadine Kuch