FinTech

Visa at the Doorsteps of Ethiopia’s Payment Ecosystem

Visa has had a long-standing presence in Ethiopia, with Ethiopian banks relying on the payment giant to issue debit cards.

Ethiopia Launches Goverment Procurement Card

The Ministry of Finance, in collaboration with the Commercial Bank of Ethiopia, has officially introduced a government procurement card. This

Ethiopia Envisions Linking Digital ID with Payments

The National ID Project Program (NIDP) is collaborating with global fintech giant VISA to integrate its digital identification systems with

Dashen Bank Join Forces with Mastercard to Launch Virtual Prepaid Card for Travelers

Dashen Bank has teamed up with Mastercard to launch the ‘Dashen Mastercard,’ a multi-currency international prepaid card designed for travelers.

Ethiopia’s First Private Mobile Money Service Provider Kacha Receives Commercialization Approval

Kacha Digital Financial Service, a private mobile money service provider, has received official approval from the National Bank of Ethiopia

Nedaj Processes 2 Billion Br in Fuel Transactions

EagleLion System Technology, a local IT firm, has announced that its digital platform for fuel payment Nedaj has processed transactions

Visa Appoints New Country Lead for Ethiopia

Visa, the global giant in digital payments, has appointed Yared Endale, as the new Country Lead for Ethiopia. Subject to

Mobile Money in Ethiopia Could Boost GDP by $5.3 Billion, Says GSMA Report

A newly released report by the GSMA has stated that Mobile money has the potential to contribute $5.3 billion to