UNESCO, Huawei Partner to Facilitate Digital Education

Nov 27 , 2021

A project aiming to foster digital education in Africa has been introduced by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) and Huawei, a global ICT company based in China. Dubbed "Technology-enabled open schools for all," the three million dollar project has been launched in Ethiopia, Egypt and Ghana. Initially scheduled to begin in September 2020, it saw delays due to the COVID-19 pandemic. The three-year pilot project in Ethiopia will focus on building ICT infrastructure to connect schools, train teachers and students, and build a learning management system. In addition, training in using digital tools, establishing online platforms, and developing digital curricula will be provided for teachers and students. During the pilot phase, the project is expected to benefit about 12,000 students in 240 schools.


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...


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...


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...