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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Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
August 27, 2023  |  Mobile Wallets

Kenyan telecom Safaricom has brought its mobile money service M-Pesa to Ethiopia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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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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Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
January 05, 2023  |  Meta

Kenya has taken center stage as governments worldwide debate how to regulate social media algorithms. Get the Full Story Complete the form to unlock this...

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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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MTN, Vodafone Chase Untapped Ethiopian Telecom Market
MTN, Vodafone Chase Untapped Ethiopian Telecom Market
April 26, 2021  |  Mobile

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...

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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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