Ministry to Launch Virtual Map App

Dec 28 , 2019


The Ministry of Transport is set to launch the first digital mapping technology that will show Ethiopia's road map as a virtual image. This technology will enable users to view the details of the major and feeder roads of the country and give accurate representations of particular areas. Alongside this technology, the Ministry has also introduced the first-ever trip planning application that shows the directions of different routes. The data of the routes of Addis Abeba Light Rail, Anbessa City Bus, Sheger Public Transport and minibus taxi services have been incorporated into the new system. The soft launch of the programme was held on December 27, 2019, at the Hilton Hotel with the presence of Dagmawit Moges, minister of Transport.


Radar

DDR Initiative Gets 16m Boost

A 16 million euro initiative to facilitate the disarmament, demobilisation, and reintegration (DDR) of nearly 370,000 ex-combatants was launched last week. Financed by the European Union (EU) the program will be implemented across eight regional states. It is overseen by the National Rehabilitation Commission (NRC), the agreement was signed at the Ministry of Finance's headquarters on King George St. Key figures including Semereta Sewasew, state minister for Finance; Teshome Toga, commissioner...


Radar

Central Bank Launches Youth Enterprise Forum

A financial education program targeting youth and Medium & Small Enterprises (MSMEs) was launched by the National Bank of Ethiopia (NBE) last week. It aims to equip interested trainees with personal and professional knowledge through experts from banks and microfinance institutions who will provide comprehensive training. The training modules, developed in collaboration with The First Consult and BRIDGE, cover several angles of financial literacy, including deposits, digital financial servic...


Radar

ArifPay Takes a Leap with Massive Capital Boost

Shareholders of ArifPay Financial Technologies S.C. have taken a significant stride by resolving to raise the company's paid-up capital to 300 million Br. The decision doubles down from the current 140 million Br marking a substantial increase. ArifPay, was established by 142 shareholders and secured the distinction of being the first payment operator licensed by the National Bank in 2021. CEO Bernard Laurendeau emphasised the critical timing of this capital increase, aligning with the company...


Back
WhatsApp
Telegram
Email