UNCDF, Gates Foundation Launch Cash-in/Cash-Out Project to Boost Agent Networks in Ethiopia

Aiming to improve the reach and quality of Agent distribution networks in Ethiopia, the UN Capital Development Fund (UNCDF), with support from the Bill & Melinda Gates Foundation, has launched the Cash-in/Cash-Out (CICO) Project.

The project, powered by over a million dollars of support from the Gates Foundation, was kicked off today, April 27, 2023, in Addis Ababa.

CICO, which will run for two years, will focus on several activities. One activity is a CICO bootcamp that will train about 15 service providers, including mobile money providers and their agents, retail banks, microfinance institutions, and smaller financial service providers, in foundational and specialized digital money...

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