After 30 years of barring foreigners from its banking sector, Ethiopia is reportedly considering allowing overseas banks to buy stakes in domestic lenders. A bill...
A banking glitch in Ethiopia reportedly let customers withdraw unlimited funds. Now, state-owned Commercial Bank of Ethiopia (CBE) is trying to recover the $40-plus million that was withdrawn or...
Kenyan telecom Safaricom has brought its mobile money service M-Pesa to Ethiopia. As the Financial Times (FT) reported Saturday (Aug. 26), the service went live in Africa’s second-most populous country...
A consultative meeting focused on the future of Ethiopia’s mobile money market is to be held Tuesday (Feb. 21). The meeting concerns a draft directive...
Kenya has taken center stage as governments worldwide debate how to regulate social media algorithms. Specifically, all eyes are on the Kenyan High Court, where...
Kenya has been at the forefront of Africa’s mobile money revolution ever since Safaricom launched the continent’s first mobile money platform M-Pesa, but Ethiopia has...
Two wireless service providers are seeking telecom licenses in Ethiopia, which is the fastest-growing economy in Africa and a place with a largely untapped telecommunications...
Moneta Technologies’ Amole, Ethiopia’s mobile eWallet platform, has teamed up with Visa to launch a strategic partnership that supports digital payments in the region, according...
Nigerian digital payments startup Paga is expanding its operations with the acquisition of Apposit, a software development startup based in Ethiopia, as reported on Wednesday...