{"id":37084,"date":"2021-03-08T07:01:22","date_gmt":"2021-03-08T07:01:22","guid":{"rendered":"http:\/\/abdas.org\/?p=37084"},"modified":"2021-03-08T07:01:22","modified_gmt":"2021-03-08T07:01:22","slug":"ethiopia-receives-200m-loan-from-world-bank-for-digital-transformation","status":"publish","type":"post","link":"https:\/\/abdas.org\/2021\/03\/08\/ethiopia-receives-200m-loan-from-world-bank-for-digital-transformation\/","title":{"rendered":"Ethiopia receives $200m loan from World Bank for digital transformation"},"content":{"rendered":"<p><img loading=\"lazy\" src=\"http:\/\/abdas.org\/wp-content\/uploads\/2021\/03\/Digital-Ethiopia.jpg\" alt=\"\" width=\"750\" height=\"375\" class=\"alignnone size-full wp-image-33222\" \/><br \/>\nWith a $200 million investment, the World Bank has announced new funding for Ethiopia&#8217;s digital transformation.<\/p>\n<p>The organization is currently working on a new initiative named Digital Ethiopia Foundations, in which it aims to spend approximately $200 million to support the country&#8217;s digital economy.<\/p>\n<p>Ousmane Dione, the World Bank&#8217;s Country Director for Eritrea, Ethiopia, Southern Sudan, and Sudan, made the announcement recently.<\/p>\n<p>The project, according to Mr. Dione, will provide funds to improve the regulator and prepare the legal and regulatory elements of the digital environment, such as e-commerce and digital identification.<\/p>\n<p>The project will also help to build digital government services, as well as digital entrepreneurship and a digital response to the Covid-19 pandemic.<\/p>\n<p>The Digital Ethiopia Foundations project is part of the Digital Ethiopia 2025 strategy, which is an important part of Ethiopia&#8217;s local economic reform program and the country&#8217;s 10-year national development plan (2020-2030), which aims to make Ethiopia a digital hub for the continent.<\/p>\n<p>The Digital Ethiopia Foundations initiative is part of the Digital Ethiopia 2025 policy, which is an important part of Ethiopia&#8217;s local economic transformation program and the country&#8217;s 10-year national development plan (2020-2030), which aims to make Ethiopia a digital center for the continent.<\/p>\n<p>Once implemented, the 2.0 transition would lead to national prosperity by promoting balanced and equitable economic growth, improved governance, and more reliable service delivery.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With a $200 million investment, the World Bank has announced new funding for Ethiopia&#8217;s digital transformation. The organization is currently working on a new initiative named Digital Ethiopia Foundations, in &hellip; <\/p>\n","protected":false},"author":54234,"featured_media":37078,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[462,25,51,52,492],"tags":[],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts\/37084"}],"collection":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/users\/54234"}],"replies":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/comments?post=37084"}],"version-history":[{"count":1,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts\/37084\/revisions"}],"predecessor-version":[{"id":37085,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/posts\/37084\/revisions\/37085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/media\/37078"}],"wp:attachment":[{"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/media?parent=37084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/categories?post=37084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abdas.org\/wp-json\/wp\/v2\/tags?post=37084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}