News

Launching a Project for Innovative Agent Network Solutions in Ethiopia

On 27 April 2023, the United Nations Capital Development Fund (UNCDF), with the support of the Bill & Melinda Gates Foundation, launched the Cash-in/Cash-Out (CICO) project in Addis Ababa, Ethiopia. The launch brought together key stakeholders from Ethiopia's banking sector, MNOs, Fintechs, MFIs, development agencies and other digital financial services ecosystem players.

High-level speakers from the National Bank of Ethiopia, the Bill & Melinda Gates Foundation, and the UN Resident Coordinator's office in Ethiopia joined the UNCDF Ethiopia Country Coordinator to express their commitment to the CICO project as a significant step to ensure financial inclusion for all Ethiopians. Digital Finance Country Lead, Endashaw Tesfaye presents an overview of the project. The CICO project aims to strengthen Cash-in/Cash-out (CICO) networks in Ethiopia.