Ethiopia has launched ‘Telebirr’ - a mobile money service that allows customers of Ethio Telecom, the country's telecom services provider, to send, store and receive money using only their phone number. ‘Telebirr’ aims to extend mobile services to our financially excluded sections of society.
Ethiopia's Ministry of Finance has signed a grant agreement worth over $31 million with the African Development Bank (AfDB) aimed at supporting the efforts to end child stunting and malnutrition in Ethiopia.
Ethiopia and the World Bank signed loan agreements amounting to $200 million, aimed at supporting the implementation of Ethiopia's digitization program. Inking the agreement were Ahmed Shide, Ethiopia's Minister of Finance, and Ousmane Dione, World Bank's Country Director.
The Ethiopia Commodity Exchange (ECX) has signed an agreement with the Ministry of Mines and Petroleum "to leverage the exchange for commodities such as precious gemstones", Takele Uma, Minister of Mines and Petroleum said.
Ethiopian Ministry of Transport signed a memorandum of understanding (MoU) with DP World UAE, a maritime gateway and hub, for the development of the Berbera Corridor.
| USD |  |
43.2943 | 42.4454 |
| GBP |  |
58.4593 | 57.3130 |
| EUR |  |
52.4900 | 51.4608 |
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10.6659 | 10.4568 |
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45.7115 | 44.8152 |
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32.3167 | 31.6830 |
