The Japan International Cooperation Agency (JICA) and the Ethiopian Ministry of Innovation and Technology have reached an agreement to collaborate on enhancing the private sector within Ethiopia's start-up technology ecosystem.

During a meeting between Minister of Innovation and Technology, Belete Mola, and JICA Deputy CEO, Emoto Sachicho, various areas of potential collaboration were discussed. These areas included the establishment of an information communication technology center, the development of a model start-up city, and cooperation with Japanese technology companies.

JICA has outlined several initiatives it plans to undertake in collaboration with Ethiopia, which encompass supporting the start-up ecosystem, fostering private sector development, nurturing young talent, and implementing people-oriented development programs. Additionally, the Ministry of Innovation and Technology has expressed its intention to further strengthen cooperation with JICA, with the overarching goal of establishing Ethiopia as a leading nation in the realm of start-ups.

Ministry of Innovation promised to make Ethiopia a key destination for JICA cooperation, while JICA reiterated Japan's commitment to bolstering the private sector and expanding investment cooperation in Ethiopia.

Source (including image): Fana BC