Ethio Telecom, in partnership with Siinqee Bank, has announced a major initiative aimed at accelerating digital and financial inclusion across Ethiopia. Under the new program, Ethio Telecom will provide two million smartphones each year through long-term, affordable payment plans, focusing
The Development Bank of Ethiopia (DBE) has recognized the need to address the financing challenges faced by innovative start-ups and is taking a proactive step to introduce “Innovative Start-up Financing” products. This initiative aims to bridge the financing gap faced by innovative start-ups and
The revised National Financial Inclusion Strategy (NFIS –) aims to increase financial inclusion from 46% to 70% of all adults by , in part by scaling digital payments through mobile money services. Ethiopia also aims to increase the use of digital payments from 20% of all adults in
Addis Ababa Angels (AAA): Invested $2M in 12 startups between –. Crowdfunding: Platforms like Eleni (Ethiopian GoFundMe) are gaining traction. Example: Chapa processed $200M in mobile payments in , targeting Ethiopia’s 40M+ unbanked adults. AI in Healthcare: MedTech Ethiopia reduced
Data views based on Contract Awards in Investment Project Financing (Since FY ) This set of contract awards includes data on commitments against contracts that were reviewed by the Bank before they were awarded (prior-reviewed Bank-funded contracts) under IDA/IBRD investment The fiscal year
Ethio telecom, in partnership with Siinqee Bank, has launched a new range of mobile financial services and smartphone financing solutions aimed at accelerating Ethiopia’s journey toward financial and digital inclusion. Leveraging the success of telebirr, Ethio telecom’s digital payment platform
Ethio Telecom and Siinqee Bank Launch 15 Billion Birr Initiative to
The smartphone initiative is part of a broader partnership between Ethio Telecom and Siinqee Bank, which includes a total commitment of 15 billion birr toward mobile
Mobile Money in Ethiopia: Advancing financial inclusion and
The Central Insights Unit (CIU) sits at the core of GSMA Mobile for Development and produces in-depth research on the role and impact of mobile and digital technologies in advancing
Ethiopian Startups Funding Sources and Investment Opportunities
This article explores Ethiopia’s startup ecosystem, funding landscape, success stories, challenges, and investment potential, offering actionable insights for entrepreneurs and
Contract Awards in Investment Project Financing
Country lending is grouped into regions based on the current World Bank administrative (rather than geographic) region where project implementation takes place.
Ethio telecom and Siinqee Bank Launch New Mobile
The collaboration is expected to disburse up to 10 billion Birr annually in loans to Micro and Small Enterprises, while providing up to 4 billion Birr in device financing support through
Unlocking Financial Inclusion in Ethiopia: The Mobile
The discussions shed light on the enablers and challenges in driving mobile money adoption, aligning with the insights from the GSMA and the case study of the Commercial Bank of Ethiopia
The path to mobile money
This key report provides an in-depth insight into mobile money users experiences, and provides key findings and recommendations across different personas that service providers can use to improve their services.
Data Portal | Ethiopian Statistics Services
IMIS Ethiopia Data PortalHEADQUARTERS Ethiopian Statistical Service (ESS) 2QH3+9P8, Churchill Road, Addis Ababa Tele: +251-11553112, +251-11553011 P.O.Box: Email:
Stocktake of Climate Change Adaptation Interventions in
1.1 Rationale of the study Ethiopia is one of the least developed countries in the world and is the second-most populous country in Africa with a population of nearly 109.5 million (Ethiopian
Home | Ethiopian Digital Foundations Project
Ethiopian Digital Foundations Project The Federal Democratic Republic of Ethiopia, portal of Finance (MoF), has received financing from the World Bank toward the cost of the Ethiopia
World Bank Document
The Government of Ethiopia is currently pursuing an ambitious economic vision to turn Ethiopia into an industrialized middle-income country by , and although challenges remain on the
Ethiopian Startups Funding Sources and Investment Opportunities
Government and Alternative Funding Grants & Incubators: Innovation & Technology Fund: Offers up to $50,000 for early-stage startups. BlueMoon: Ethiopia’s first
Innovative Electric Car Financing System launched
By investing in electric vehicle infrastructure and financing options, Ethiopia aims to create a more sustainable future for its citizens. Utopia Technology plans to launch “Utopia Electric Car Taxi,” further expanding its
M-Pesa Lite Officially Launches in Ethiopia, Expanding Cross
Addis Ababa – May 19, — Ethiopia has reached a major milestone in digital finance with the official launch of M-Pesa Lite, a streamlined version of the popular mobile money platform
Power on the Move: Transforming Small Commercial and
How Portable Battery Systems Deliver Flexibility, Savings, and Reliability for Modern Businesses In today’s fast-evolving energy landscape, small commercial and industrial
Ethiopia, World Bank Sign 700 Million USD Financing Agreement
Addis Ababa January 1/ (ENA)— Ethiopia’s Ministry of Finance and the World Bank signed a 700 million USD loan agreement to support the implementation of the Financial Sector

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