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Awash vs Zemen: The Battle Between Scale and Efficiency

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Ethiopia’s banks are no longer competing on size alone. The real battle is now scale vs efficiency and the numbers tell a peculiar story when Awash and Zemen are compared writes Yonas Ayele.

January 20, 2026
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Yonas Ayele

Addis Ababa, Ethiopia

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Yonas Ayele

Yonas Neguise Ayele is an Addis Ababa–based analyst specializing in energy policy, utility performance, and the nexus of electrification, fintech, and financial inclusion. He writes the Powered_UP Substack, translating complex technical reforms and finance issues into practical insights. Yonas can be reached at [email protected]

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