Ministry of Labour & Skills and Hybrid Designs Plc, the parent company of Ride, have partnered to expand technology-driven transportation services to regional states, creating 300,000 gig economy jobs within five years. Building on the taxi-hailing company (Ride)'s existing employment of 120,000 Addis Abeba residents, the Memorandum of Understanding (MoU), signed last week by Minister Muferihat Kamil and CEO Samrawit Fikru, aspires to further leverage technology to boost job opportunities nationwide. "Regional administrations have been directed to support the rollout," said Muferihat. Officials believe the partnership contributes to the annual job creation target of two million. The Minister also reported that 3.2 million citizens have secured employment domestically and abroad in the past eight months. She noted the government's efforts to improve private sector financial access, resulting in a 70pc increase in job creation compared to previous years. The agreement also includes Ride providing technology-enabled transportation services to the Ministry.
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