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There’s been a seismic shift towards expanding digital financial services (DFS) in recent years, which has opened up more opportunities for women as Ethiopia transitions to a digital economy. However, in 2020 the gender gap in overall bank account ownership expanded to an estimated 19 percentage points, with women 67% less likely to have ...
Unlike in other ventures, revenue from investment in DFS depends completely on maintaining a successful end-to-end transaction process in the ecosystem. A payment system operator that wants to integrate various payment outlets will not be profitable unless all the services are functional and the payment accepting party is seamlessly ...
Despite the legal and regulatory framework being in place, and some observable progress taking place, the use of digital platforms is still in its infancy. Improving this situation requires the cooperation of the public (such as the NBE and the telecom regulator) and the private sector, both banks and the telecom sector.
The interview focuses on understanding financial inclusion, the level of inclusion in Ethiopia, key metrics, and the recently formed advocacy hub. In part one of this interview, she explains what financial inclusion means, its importance, and how to measure it.
The interview focuses on understanding financial inclusion, the level of inclusion in Ethiopia, key metrics, and the recently formed advocacy hub. In part one of this interview, she explains what financial inclusion means, its importance, and how to measure it.