How can Ethiopian banks increase the use of digital financial services?

This article highlights practical actions banks can take, including improving digital literacy, designing user-friendly products, building trust, and expanding agent networks.

Read the full article here: https://digitalfinance.shega.co/insights/articles/what-ethiopian-banks-can-do-to-increase-digital-financial-adoption

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Digital payments are changing the way transactions happen in Ethiopia, making financial services more accessible and boosting economic growth. Learn how initiatives like the National Digital Payment Strategy and digital payment solutions are helping organizations and individuals alike.

Read the full report to learn more: https://digitalfinance.shega.co/insights/case-studies/digital-payments-in-ethiopia

Check out our platform for insightful reports by AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative for bolstering the accessibility of information on DFS (digital financial services) in Ethiopia.

#DigitalFinance #DFS #DigitalTransaction #AKOFADA #FinancialInclusion #Fintech #Ethiopia#digitalpayment

Digital financial services are transforming how Ethiopians move money — through mobile banking, mobile money, and other innovations. But how affordable are these digital channels compared to semi-digital and traditional in-person banking services, such as ATM withdrawals and branch services?

Our latest visual under AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption) breaks down 𝗛𝗼𝘄 𝗠𝘂𝗰𝗵 𝗜𝘁 𝗖𝗼𝘀𝘁𝘀 𝘁𝗼 𝗦𝗲𝗻𝗱 𝗠𝗼𝗻𝗲𝘆 𝗮𝗻𝗱 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄 𝗖𝗮𝘀𝗵 𝗶𝗻 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮 — helping stakeholders and policymakers understand the true cost users pay when adopting digital services. Lower fees can unlock greater access, especially for underserved communities.

Visit DFS Hub Ethiopia to download the high-resolution visual: https://digitalfinance.shega.co/insights/infographics

#DigitalFinance #DFS #DigitalTransaction #AKOFADA #FinancialInclusion #Fintech #Ethiopia #TransactionCost #DigitalPayments #WithdrawalCost #MobileMoney

𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗡𝗼𝗻-𝗕𝗮𝗻𝗸 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮!

The financial services landscape of Ethiopia is evolving rapidly, with a significant increase in non-bank financial institutions over the past decade. From just one institution in 2010 to sixteen as of April 2025.

FinTech's are playing an increasingly vital role in expanding access to financial services beyond banks.

Explore the detailed infographic under AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative to support informed decision-making in digital finance.

Visit DFS Ethiopia Hub to download the high-resolution visual: https://digitalfinance.shega.co/insights/infographics

#DigitalFinance #FinTech #DFS #AKOFADA #FinancialInclusion #Ethiopia #DigitalEconomy #FinancialInnovation #NBE

Data is valuable, but its significance depends on its authenticity!

Knowing where it comes from, how it was collected, and by whom is key to making informed decisions.

Click “View Metadata” to see the source, methodology, and context behind each dataset. This feature provides the transparency needed to trust your insights and understand the who, what, and how behind the data.

For comprehensive data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/
#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

“Inclusion of MSMEs in the Digital Economy: Providing Access to Capital Through Digital Channels,” a CIPE report published in September 2022, reviews Ethiopia’s debt-financing landscape for micro, small, and medium enterprises and outlines how digital channels can expand access to credit for MSMEs.

Key findings include:

-Identification of structural barriers—stringent collateral requirements, limited credit data, and high origination costs—that restrict lending to smaller firms

-Assessment of digital-finance mechanisms such as supply-chain finance platforms and mobile-based credit scoring that can channel funds efficiently

-Policy actions proposed to strengthen movable-asset collateral registries, expand credit-guarantee programmes, and refine prudential rules to support fintech–bank partnerships

For comprehensive data and actionable insights on Digital Finance, please visit https://shorturl.at/pdVJx
#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

“Continental Artificial Intelligence Strategy,” an African Union framework released in July 2024, charts a people-centric roadmap for harnessing AI to accelerate Africa’s socio-economic transformation while safeguarding rights and security.

Key findings include:

-Vision to apply AI across priority sectors—healthcare, agriculture, education, and public-service delivery—to boost productivity and service quality

-Guiding principles of “Local First,” inclusivity, human-rights protection, ethics, and transparency anchoring responsible adoption

-Capacity-building agenda to strengthen research, talent pipelines, and infrastructure across AU Member States.

For comprehensive data and actionable insights on Digital Finance, please visit https://nuel.ink/CLrXe3

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

We value your feedback! Use our “Complaints & Suggestions” feature to share your thoughts and help us improve DFS Ethiopia Hub—your input matters.

For valuable data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/
#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

“Financial inclusion, regulation and inclusive growth in Ethiopia,” a report by ODI, explores the connection between financial inclusion, government regulations, and inclusive economic growth in Ethiopia.

Key findings include:

- Analysis of the structure and performance of Ethiopia’s financial sector
- Examination of the level of financial inclusion in the country
- Conclusion that expanding financial inclusion is crucial for achieving inclusive growth in Ethiopia

For comprehensive data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/
#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Digital financial services (DFS) are experiencing growing adoption across Ethiopia; however, awareness and usage levels remain uneven across the various digital channels available.

Explore the detailed visual under AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative to support informed decision-making in digital finance.

Visit DFS Ethiopia Hub to download the high-resolution visual: https://digitalfinance.shega.co/insights/infographics

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

“Leveraging E-Payments for Financial Inclusion in Ethiopia,” a World Bank report published in 2024, explores how electronic cash transfers in Ethiopia’s safety-net programs are accelerating financial inclusion and enhancing program efficiency.

Key findings include

-Transition from manual disbursements to electronic cash transfers in both rural and urban Productive Safety Net Programs, now serving about 1.5 million households

-Notable gains in speed, cost-effectiveness, transparency, and data quality for monitoring and evaluation

-Persistent challenges—scarce cash-out locations, liquidity shortfalls, infrastructure gaps, and limited dispute-resolution mechanisms—alongside recommendations to expand agent networks, integrate program MIS with payment platforms, and pilot mobile-wallet payouts via Telebirr

For comprehensive data and actionable insights on Digital Finance, visit https://digitalfinance.shega.co/

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

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Published by the National Bank of Ethiopia (NBE), this guide provides a detailed overview of the procedures and requirements for obtaining payment system operator licenses. It outlines key steps such as application submission, compliance standards, documentation, and regulatory obligations.

This guide is designed to assist financial institutions, fintech companies, and other stakeholders navigating Ethiopia's licensing framework.

Visit the DFS Ethiopia Hub to find this and other policy and regulation resources. https://digitalfinance.shega.co/resource/policy-and-regulations/a-complete-guide-on-payment-system-operator-license-process

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

How can Ethiopian banks increase the use of digital financial services?

This article, part of Shega’s AKOFADA initiative (Advancing Knowledge on Financial Accessibility and DFS Adoption), outlines actionable steps that financial institutions can take to make digital finance more inclusive.

Read the full article here: https://digitalfinance.shega.co/insights/articles/what-ethiopian-banks-can-do-to-increase-digital-financial-adoption

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

𝐈𝐧 𝐂𝐚𝐬𝐞 𝐘𝐨𝐮 𝐌𝐢𝐬𝐬𝐞𝐝 𝐢𝐭!

Digital Financial Services (DFS) is actively supporting the agricultural sector by offering credit, insurance, and payment solutions in collaboration with key stakeholders from the private sector, government, and development partners. However, given the agriculture sector's major contribution to the economy, there is still a need for further expansion and enhancement to better support the sector.

Visit DFS Ethiopia Hub Ethiopia to download the High-resolution Visual: https://digitalfinance.shega.co/insights/infographics #DigitalFinance #DFS #DigitalTransaction #AKOFADA #FinancialInclusion #Fintech #Ethiopia #Agriculture #AgricultureLoan

𝗤𝘂𝗶𝗰𝗸 𝗖𝗵𝗮𝗿𝘁 𝗦𝘂𝗺𝗺𝗮𝗿𝗶𝗲𝘀 𝗡𝗼𝘄 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗼𝗻 𝗗𝗙𝗦 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮 𝗛𝘂𝗯!

We've introduced AI-generated summaries for dataset charts on DFS Ethiopia Hub. This feature offers immediate insights into trends and patterns, assisting you in your initial data exploration.

While these summaries provide a helpful starting point, they are designed to complement, not replace, detailed human analysis.

𝘈𝘐-𝘨𝘦𝘯𝘦𝘳𝘢𝘵𝘦𝘥 𝘣𝘦𝘵𝘢 𝘪𝘯𝘴𝘪𝘨𝘩𝘵. 𝘔𝘢𝘺 𝘤𝘰𝘯𝘵𝘢𝘪𝘯 𝘦𝘳𝘳𝘰𝘳𝘴 — 𝘱𝘭𝘦𝘢𝘴𝘦 𝘷𝘦𝘳𝘪𝘧𝘺 𝘣𝘦𝘧𝘰𝘳𝘦 𝘤𝘪𝘵𝘪𝘯𝘨.

For comprehensive data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/
#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

𝗨𝗽𝗹𝗼𝗮𝗱 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗼𝗻 𝗗𝗙𝗦 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮 𝗛𝘂𝗯!

Share policy and regulation, reports, news, and infographics to enrich DFS Ethiopia Hub. Help increase access to centralized and relevant resources in the DFS ecosystem.

For comprehensive data and actionable insights on Digital Finance, visit https://digitalfinance.shega.co/
#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

"Digital Literacy Assessment" Published by GIZ, this report provides a comprehensive evaluation of digital literacy levels across various demographics, identifying key gaps and the factors influencing digital skills. It highlights how different population groups engage with digital technologies and the barriers they face.

For comprehensive data and actionable insights on Digital Finance, visit https://digitalfinance.shega.co/
#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Published on April 1, 2025, by GSMA, this report explores the potential of artificial intelligence (AI) to drive economic growth and address development challenges in Ethiopia. It highlights current AI adoption trends, key government initiatives such as the National AI Strategy, and the role of the Ethiopian Artificial Intelligence Institute (EAII).

For comprehensive data and actionable insights on Digital Finance, visit: https://digitalfinance.shega.co/resource/other-reports/AI-in-Ethiopia-Promising-use-cases-for-development

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia