Case Study: Mobile Banking in Ethiopia Introducing the PRIME (Pastoralist Areas Resilience Improvement through Market Expansion) project’s Innovation and Investment Fund Lorenz Wild Senior Economic Technical Advisor Bethel Tsegaye Innovation Investment Fund Manager
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Case Study:
Mobile Banking
in Ethiopia
Introducing the PRIME
(Pastoralist Areas Resilience
Improvement through Market
Expansion) project’s Innovation
and Investment Fund
Lorenz Wild
Senior Economic
Technical Advisor
Bethel Tsegaye
Innovation
Investment Fund
Manager
Objective: increasing incomes and
resilience of 250K households
Approach: facilitation approach for
strengthening absorptive, adaptive,
and transformative capacities
Partners: CARE, SOS Sahel,
ACPA, Havayoco, Haramaya
University, AISDA, FSA, Kimetrica,
ECCD
Geography: Afar, Somali, Oromia (dry-lands)
Livestock Climate Change
Adaptation
Alternative Livelihoods
Learning / Knowledge
Mgmt Nutrition/BCC
Innovation and
Investment Fund (IIF)
Ethiopia
Crowding-in investments
Investments that drive social and
economic change
Long-term results not long-term involvement
Gain understanding of this new
investment strategy
• Agreements with six companies for a total value of around $6 million USD
• Private sector cost-share of $24.8 million USD, or 80 percent!
• Companies that received support include: o Export abattoir
o Micro-finance institution and mobile service provider
o Poultry farm
o Two milk processing facilities
o Private equity firm
S E E P 2 0 1 5 | P E O P L E O N T H E M O V E | I S L A M I C F I N A N C E F O R P A S T O R I A L I S T S I N A F R I C A
PEOPLE ON THE MOVE
S E E P 2 0 1 5 | P E O P L E O N T H E M O V E | I S L A M I C F I N A N C E F O R P A S T O R I A L I S T S I N A F R I C A