World Bank Boosts Digital National ID Project

Dec 16 , 2023


The digital national ID project that targets over 90 million people received a 350 million dollar World Bank boost last week. Around 50 million dollars is a grant through the International Development Association (IDA) for the Host communities and Refugees. Ethiopia is the third largest refugee-hosting country in Africa, home to close to a million refugees and asylum seekers—mainly from South Sudan, Somalia and Eritrea. The project under the World Bank headlined digital ID for inclusion and services, supports voluntary registration and ID issuance across the country. The development of secure and energy-efficient ICT infrastructure, the establishment of a personal data protection Commission and the digital transformation of public and private sector services that integrate with Fayda. Established through the Digital ID Proclamation passed in March 2023, the new system has been under a project office headed by Yodahe Araya, which has issued IDs to 3.1 million residents. Ousmane Dione, country director for Ethiopia, Eritrea, South Sudan and Sudan, suggested the expansion of economic opportunities through the transformative capabilities of the digital ID. He said that providing universally accessible proof of legal identity will commence transformative potential in Ethiopia’s peace dividends.


Radar

Exchange Ponders Adding Salt to its Floor

The Ethiopian Commodity Exchange (ECX) is considering adding salt to its list as the 24th tradable commodity. Executives are currently conducting feasibility studies and preparing sales contracts. Last week, Ali Muhammed, deputy administrator of the Afar Regional State, and Ali Behani, Head of the Regional Mining Bureau, visited the ECX headquarters in the Mexico area. They said regional salt miners and processors are not adequately compensated for their production, with hopes that the EC...


Radar

Public Service Sector Receives Data Privacy Training

Staff members from the National Bank of Ethiopia, the Ministry of Trade & Regional Integration and the Ministry of Revenues received a three-day training on data privacy and protection over the past week. The training aimed to equip participants with the skills of proper data breach notification procedures, minimising risk of exposure, and secure data transfer practices to safeguard personal data during transmission. It was given by the Business Environment and Investment Climate (BEI...


Radar

Unleashing Millions for Micro-Entrepreneurs with Digital Loans

A 100 million-dollar program to scale up six financial institutions to facilitate digital non-collateral loans to micro, small and medium enterprises (MSMEs) was launched last week. Drawing experience from the first digital non-collateral lending platform dubbed Michu powered by Cooperative Bank of Oromia (COOP), the program coupled with Amhara, Bunna, Enat, Wegagen and ZamZam banks. Last year, Coop dispersed 946 million Br loans to farmers through cooperative unions and MSMEs, reaching m...


Back
WhatsApp
Telegram
Email