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UN to support Ethiopia's financial planning, digitization efforts



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The UN pledged Thursday to support the efforts of the Ethiopian government through strategic planning and expertise, especially in the financial and digitization efforts.

Queen Maxima of the Netherlands, who is also the United Nations Secretary-General's Special Advocate for Inclusive Financing for Development, said this during her meeting with Ethiopia's Finance Minister Ahmed Shade.

The Queen, currently in Ethiopia as part of a three-day visit to promote access to financial services to the country, aims to promote digital applications in Ethiopia's financial services and the development of the digital digital ID system.

The queen is currently in Ethiopia for a three-day visit to promote access to financial services for the country.

The queen intended to promote digital applications in Ethiopia's financial services and the development of the digital national identification (ID) system.

On Wednesday, Maxima, during his meeting with Ethiopian Prime Minister Abiy Ahmed, also pointed out that "the momentum of the changes taking place in the country was crucial."

"She praised the changes in the liberalization and privatization of various sectors, particularly telecommunications, as impressive in facilitating financial inclusion," the Ethiopian prime minister's office said in a statement late Wednesday.

Ahmed shared the top priorities of the Ethiopian government "by laying the critical foundation for structural change to enable technology to enhance inclusive financing," the statement said.

Maxima reiterated the UN's continuing support for the efforts of the Ethiopian government to digitize.

Maxima, who also met with Ethiopia's Minister of Innovation and Technology, Getahun Mekuria, as part of his visit to Ethiopia, underscored the UN's willingness to provide technical, knowledge and consultative support.

Maxima, expressing concern about the speed of the Internet and information security, also called on the Ethiopian government to give special emphasis to rural communities, according to the ministry.

The Queen of the Netherlands has been the UN Secretary General's Special Advocate for Inclusive Finance for Development since 2009.

Similarly, the digital gender divide remains the largest in Africa, especially in low-income countries, said Fatou Lo, a UN women's representative in Rwanda.

I said this in a panel session on the sidelines of the 5th edition of Transform Africa Summit in the Rwandan capital, Kigali.

"When you compare yourself to other regions of the world, you discover that the digital divide of gender, especially in the use of the internet, owned by cell phones and computers, remains the largest in Africa.

"Bridging the digital divide in low- and middle-income countries could add up to $ 140 million a year to the mobile industry," said Lo.

Technology can be a great facilitator for girls, but the lack of opportunities, skills and fear of discrimination prevent many from adopting the global digital revolution, the official said.

According to her, to bridge the digital divide in Africa, girls and young women need equal access to digital technology and training.

The four-day summit, dubbed the Digital Economy of Boosting Africa, brings together some 4,000 participants, including policy makers, regulators, young innovators and officials from Africa.


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