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Banking & FinanceAt Friendship Park in Addis Ababa, Ethiopia’s digital finance story entered a new era as EthSwitch officially unveiled EthioPay, a national brand set to redefine how money moves across the country. The launch, attended by senior government officials, financial sector leaders, and key ecosystem players, marked more than the introduction of a new name. It
OpinionWhen Ethiopia released its first national digital payments strategy in 2021, few predicted just how quickly the country would sprint into the digital age. Today, cash is disappearing from pockets, mobile money is exploding, and Ethiopia stands as one of Africa’s fastest-moving fintech frontiers. At the center of this transformation is Dr. Eyob Tekalign, Governor
Ethiopia has launched the draft National Digital Payment Strategy 2026–30 (NDPS 2.0), signaling a major milestone in the country’s digital finance transformation. The announcement was made today during the Ethiopian Digital Payment Conference 2.0, in the presence of top officials including Deputy Prime Minister Temesgen Tiruneh; National Bank of Ethiopia Governor Eyob Tekalign; AfCFTA Secretary
TechM-PESA Ethiopia has announced that its newly launched M-PESA Lehulum (Au-0) app is currently inaccessible on smartphones using Ethio Telecom mobile data, leaving customers unable to log in, transact, or retrieve their funds. The app, launched on December 1, 2025, is a telecom-agnostic, customer-centric financial services platform that allows any Ethiopian—regardless of their mobile network—to
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BusinessThe Ministry of Industry, in partnership with Ethio Telecom, has officially launched “E-Tamirt,” a modern B2B e-commerce platform designed to connect manufacturing industries and accelerate their transition into digital commerce. Speaking at the launch event, Minister of Industry Melaku Alebel said the platform will play a crucial role in helping manufacturers source inputs more efficiently
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BusinessToday, Ethiopia marks a major milestone with the launch of M-PESA ለሁሉም (M-PESA LeHulum), a mobile money platform that works with any SIM card. The new service makes digital financial services accessible to all Ethiopians, breaking the barriers of network limitations and bringing more people into the digital economy. With M-PESA LeHulum, users can register
TechEthiopian Electric Utility (EEU) has partnered with Wingu Africa to modernize its digital infrastructure. EEU has now moved important computer systems into Wingu Africa’s Tier III data centre in Addis Ababa — a highly secure and reliable facility. The new setup is already running smoothly. By using Wingu Africa’s modern data centre, EEU aims to
Banking & FinanceEthSwitch, Ethiopia’s national payment switch, has signed a new partnership with Mastercard that will let Ethiopian banks issue prepaid cards that work worldwide. The deal will also allow Ethiopian businesses to accept international payments for the first time. The agreement was signed on Monday at the Sheraton Addis hotel. Through this partnership, EthSwitch will connect
Banking & FinanceAwash Bank, in partnership with Ethio Telecom, has officially launched Tila, a new digital microfinance and savings service, along with a smart-device financing program through Telebirr. The services, unveiled today, aim to expand access to credit and digital financial solutions for both urban and rural communities across Ethiopia. The Tila platform introduces fast, accessible, and
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BusinessSafaricom Telecommunications Ethiopia PLC has appointed Ethiopian executive Ermias Eshetu as Chairman of its Advisory Board, the company said on Thursday, marking a significant step in its strategy to increase local leadership within the fast-growing telecom operator. Ermias, who became the first Ethiopian to join the Advisory Board in March 2025, assumed the chairmanship on
TechEthiopia’s Arifpay Financial Technologies S.C. has signed partnership agreements with Visa and AVICOM to roll out 10,000 new point-of-sale (POS) terminals nationwide this year, marking the first phase of a larger programme to deploy up to 50,000 devices aimed at boosting digital payments among small and medium-sized businesses. Visa will finance the acquisition of the
OpinionIn Ethiopia’s rapidly evolving fintech landscape, SantimPay has emerged as one of the standoutinnovators reshaping how people transact and businesses operate. Founded with the vision tosimplify payments and drive financial inclusion, the company has grown from a small softwareidea into a nationwide payment platform known for its seamless technology and user-friendlysolutions. At the helm of
