Mastercard and digital service provider Kifiya have partnered to introduce a simple, secure and convenient digital solution that will ultimately allow citizens to pay for all bills in one location in Ethiopia. The partnership will impact millions of Ethiopian citizens living abroad, as well as those living in the East African country.
Add a comment Add a commentThe Board of Executive Directors endorsed a new World Bank Group (WBG) five-year Country Partnership Framework (CPF) to support Ethiopia’s development aspirations. The CPF is informed by extensive consultations with a broad range of stakeholders and is in line with priorities outlined in the country’s Growth and Transformation Plan II.
Add a comment Add a commentEthiopia has started to construct new airport for an estimated cost of 748 million Birr and dubbed it Nekemete Airport. The foundation stone for the construction of the airport was laid 2 years back.
Add a comment Add a commentDraft law which aims at allowing private investors to engage in railway transportation service has been prepared. If passed by the law maker, the draft bill, dubbed Railway Transportation Administration, allows investors to use the national railway infrastructure. In other words, private companies are now allowed to give services on the already built railway infrastructures. This is in the midst of Ethiopia Railway Corporation’s (ERC) debt mounting at a staggering level, which reached 120 billion Birr.
Add a comment Add a commentSugar Corporation disclosed it will start exporting sugar to Kenya by the coming fiscal year. This is in accordance to the long standing planEthiopia had to export sugar and generate foreign currency.
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