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ATI officials and policymakers are eager to use digital innovation to improve agricultural productivity as the sector’s contribution to the national GDP declines – down to 32% in 2021 from 47% a decade ago. The administration’s 10-year perspective plan highlights structural challenges inhibiting sectoral growth. These include ...
It has been six months since the Digital Financial Services (DFS) Working Group -Ethiopia was convened by the United Nations Capital Development Fund (UNCDF). The Group was formed to bring together players in the DFS ecosystem to work towards common goals that will help to scale digital finance in Ethiopia.
The National Bank of Ethiopia (NBE) is readying to impose licensing and oversight fees on fintechs. The fees, which are much higher than the current ones, are said to be implemented to strengthen NBE's regulatory capabilities. It is widely agreed that by increasing its capacity, the central bank will be better positioned to act as an ...
Digitizing the Ethiopian economy has been a government priority for the last few years and, although gradual, it appears the country is coming to grips with the concept of digitization as a driver of economic development. The “Digital Ethiopia 2025” strategy is the administration’s primary roadmap for digitization. It details the roles ...
By Habtamu Hailemeskel & Hawi Dadhi Habtamu Hailemeskel is a consultant and attorney at law specializing in business and investment laws. He also teaches law. Hawi Dadhi is a business journalist who’s interested in technology, finance and digital technologies. The council of ministers during its fifth regular session held on ...