Ethiopia

Ethiopian Challenger Bank Seals Core Islamic Banking Deal With Path Solutions

Ethiopian challenger bank Hijra Bank has has awarded a core banking deal to Islamic banking provider Path Solutions, according to a recent announcement. The announcement comes after a “highly competitive bidding and selection process,” the statement said. The partnership involves the

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Dashen Bank Joins Hands With Thunes to Enhance Cross-Border Payments to Ethiopia

Ethiopia-based Dashen Bank has partnered with Singapore-headquartered cross-border payments platform Thunes to increase the ease of sending international payments to Ethiopia. Dashen Bank will leverage Thunes’ network of payment partners, which operates across more than 100 countries, to offer instant

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Global Partnership Led by Safaricom Bags Ethiopia’s Telecoms License for $850 Million

Global Partnership, an international consortium, has been awarded a license to operate telecommunications services in Ethiopia from 2022 onwards. Reuters reported that the consortium had paid $850 million for the license to beat out South Africa’s MTN who was also

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Ethiopian Fintech Scene Shows Great Promise as Africa’s Next Fintech Hub

Ethiopia’s large population of unbanked, the government’s current digital push, and recent finance reforms are bringing new opportunities for fintech startups and financial innovation. With more than 112 million people, Ethiopia is the second-most populous nation in Africa and is

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Ethiopia, Ghana and Rwanda Among Africa’s Fastest-Growing Fintech Ecosystems: Report

South Africa, Nigeria and Kenya have historically been the fintech hubs of Africa, but the next chapter for the industry in the continent will likely come from new, fast-growing ecosystems, including Ethiopia, Ghana and Rwanda, according to a new report.

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Bill and Melinda Gates Foundation Donates US$1.5 M to Strengthen Cybersecurity in Africa and Asia

CREST, the not-for-profit accreditation and certification body for the technical security industry, has received a grant of $1.4 million from the Bill & Melinda Gates Foundation to help increase cyber security capacity in Nigeria, Uganda, Tanzania, Kenya, Ethiopia, Pakistan, Bangladesh

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Fintech and The Digital Banking Impact for Africa

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are not only disrupting but also building it from the scratch which is bringing Financial inclusions and attracting other investments across the continent. New

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