Over half a million Ethiopian farmers will be financially included by "Amole" digital wallet.
Mastercard Incorporated (MA)
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Source: PR Web
ADDIS ABABA, Ethiopia (PRWEB) December 02, 2018 API Renewable Energy, PLC launches Ethiopia's first commercial-scale biodiesel refinery in the Adama Industrial Zone. At the event ceremony held at Hilton Hotel Addis Ababa, API and Moneta Technologies, SC signed an agreement to use "Amole" for payment of seeds and services to community farmers. The goals of API are to rehabilitate degraded lands, create large-scale employment and improve the region's environment while financially including over half a million farmers using "Amole" digital wallet.Amole has signed up over quarter a million subscribers since it launched in July 2018 and will offer the community farmers, rural cooperatives, regional governments and NGO's a digital commerce platform. Amole will be used to pay farmers for seeds and services, pay workers salary, buy goods and credits from rural cooperatives; all will have access to Dashen Bank's extensive branch network, mobile money agents and Amole merchants to financially
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