The Ethiopian Trading Businesses Corporation and the FDRE Agricultural Transformation Agency (ATA) have signed a memorandum of understanding delineating sharing of best practices and data in order to facilitate each other’s performance in supporting partners and develop data-based plans in pertinent undertakings.

Signed on the 23th of October, 2019 at the HQ of ETBC, the MoU set out specifics of the joint effort, which mainly aims at exchanging commodity prices and related market data as well as outputs of studies and analyses carried out based on such data to help enhance the performance respective stakeholders, and specifically, of the smallholder farming communities the country.

It is stated that the joint effort helps ETBC support data-driven outputs which are required for agricultural transformation to enhance smallholder farmers, get best practices from ATA on data analysis and GIS, and work with ATA to transform data management in the agriculture sector. The agreement will offer benefits to ATA in terms of getting up-to-date info required in data-driven outputs and sharing best practice tools in data management that are employed in ETBC.

Strategies, policies and projects to be designed based on up-to-date and accurate data from the joint effort are believed to be crucial outputs of the joint effort in further benefiting smallholder farmers.