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Ethiopia

New EIB Study on Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability

The European Investment Bank has released its new study: ‘Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability’. In its fourth edition, this economic report analyses recent development in Read More →

Commercial Bank of Ethiopia Drives Future Growth with ACI Worldwide

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, is utilizing ACI’s UP Read More →

Paysafe Partners with Ethiopian Airlines to Enable Mobile Payments

Ethiopian Airlines, one of the largest airlines in Africa, has partnered with Paysafe, a global payments provider, to offer customers the option of paying via Skrill and NETELLER digital wallets. Ethiopian Read More →

Direct Pay Online Gains Security Certification in 12 Countries Across Africa

Direct Pay Online Group (DPO) is the first payment service provider (PSP) in Africa to receive the Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification in 12 Read More →

FinTech is Accelerating the Digital Transformation of Banking in Africa

FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services ecosystem and the leading banks on the continent are now more urgently seeking to harness Read More →

Commercial Bank of Ethiopia Expands ATM Network to Improve Channel Management

NCR Corporation, a global leader in omni-channel solutions, announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding its ATM network with the addition of Read More →

Kifiya Works With Mastercard To Launch First International Remit To Pay Service In Ethiopia

Mastercard and digital service provider Kifiya have partnered to introduce a simple, secure and convenient digital solution that will ultimately allow citizens to pay for all bills in one location Read More →

HomeSend, Mastercard Aim to Transform the $3bn Remittance Industry in Ethiopia

HomeSend and the Commercial Bank of Ethiopia (CBE) announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send Read More →

Ethiopians to Use One ATM Card Across all Banks

The National Bank of Ethiopia (NBE) has announced that by the end of this fiscal year, Ethiopians would be able to use one ATM and cheque across all banks in Read More →

Standard Bank Consolidates its East African Presence

Standard Bank Group has expanded its already extensive East African footprint with the official opening of a representative office in Ethiopia. This means that Standard Bank, which is Africa’s largest Read More →

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