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Although no recent data on financial inclusion in Ethiopia is available, the 2021 Findex database, contains valuable insights for industry players and policymakers.
(Source IMF) Over 3,000 cyberattacks were reported by the Ethiopian Network Security Agency (INSA) during the first half of 2021/22. The Agency disclosed that the number had nearly tripled compared to the same period the previous year. Five months later, the total number reached a staggering 6,000.
(Source: spencerstuart.com) Spencer Stuart, a leadership consulting organization, examines the transition of retail businesses in light of COVID-19 in a publication titled “The Future of Retail: How CEOs are Rebuilding for a Strong, Sustainable Future.” Although global trends vary by country, the pandemic has altered consumer ...
Ethiopiais gradually unlocking its digital potential as well. But, a significant portion of financial services remain undigitized. Digitization in the financial sector is dominated by mobile banking platforms, which heavily rely on utility and telecom payments.