Ethiopia

Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks

Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks
June 14, 2024  |  International

After 30 years of barring foreigners from its banking sector, Ethiopia is reportedly considering allowing overseas banks to buy stakes in domestic lenders. Get the...

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Ethiopian Banking Glitch Lets Consumers Withdraw Unlimited Funds
Ethiopian Banking Glitch Lets Consumers Withdraw Unlimited Funds
March 19, 2024  |  Security & Fraud

A banking glitch in Ethiopia reportedly let customers withdraw unlimited funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Ethiopia Considering Opening Mobile Money Market to Foreign Operators
Ethiopia Considering Opening Mobile Money Market to Foreign Operators
February 20, 2023  |  Payment Methods

A consultative meeting focused on the future of Ethiopia’s mobile money market is to be held Tuesday (Feb. 21). Get the Full Story Complete the...

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Mobile Money Earns Its Stripes in Ethiopia’s Telecom Liberalization
Mobile Money Earns Its Stripes in Ethiopia’s Telecom Liberalization
August 31, 2022  |  Mobile Payments

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...

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Visa, Moneta Team To Enhance Digital Payments In Ethiopia, Kenya
Visa, Moneta Team To Enhance Digital Payments In Ethiopia, Kenya
April 19, 2021  |  International

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...

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Nigeria’s Paga Buys Software Firm Apposit For Global Expansion
Nigeria’s Paga Buys Software Firm Apposit For Global Expansion
January 22, 2020  |  International

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...

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