UN Development Program (UNDP)

Ethiopia has set up an Innovative Finance Lab to support its rapidly growing Micro, small, and medium enterprises (MSMEs). The Lab will help MSMEs to test, innovate and grow a new set of services, products, and instruments in their bid to get financial access. The National Bank of Ethiopia (NBE), in partnership with the UN Development Program (UNDP), launched the financial lab. Ethiopia has an estimated 2 million Micro, small, and medium enterprises. However, a…