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AKOFADA Deep Dive FinTech

Hidden Transaction Fees Hamper Ethiopia’s Digital Financial Progress

Confused by hidden fees in your digital transactions? You’re not alone! Ethiopia’s digital financial services are booming, but many providers

FinTech News

Chapa Secures Spot in Visa’s Africa Fintech Accelerator Program

Fintech startup Chapa has been selected for the second cohort of Visa’s Africa Fintech Accelerator program.  Chapa, which is among

FinTech Must Read News

Mastercard Foundation, Kifiya Partner on $100 Million Initiative to Unlock Finance for MSMEs in Ethiopia

The Mastercard Foundation, in partnership with Kifiya Financial Technology, launches a $100 million program that aims to make uncollateralized digital

Commercial Bank of Ethiopia Banking fees
Deep Dive FinTech Guest Contribution Must Read

Understanding the Rationale Behind Commercial Bank of Ethiopia’s New Banking Fees

In a recent article titled “Is the Commercial Bank of Ethiopia’s Introduction of New Banking Fees Justified?” by Omer Hussein,

AKOFADA Deep Dive FinTech Must Read

How to Think about Financial Inclusion in Ethiopia?

While Ethiopia draws lessons from the financial inclusion successes of its neighbors, we need to ask bigger questions. How should

FinTech News

eQub App Vaults to Finals at Mobile World Congress Pitch Battles

eQub, a fintech startup aiming to digitize peer-to-peer saving groups and lending circles, has been selected as one of the

FinTech Must Read News

Ethiopian Fintech Startup Arifpay to Raise 160 Million Birr in Second Funding Round

Ethiopian fintech startup Arifpay is raising 160 million birr (2.8 million dollars) in what marks the company’s second round of

FinTech Must Read News

Exclusive: Ethiopia Launches Regulatory Sandbox to Accelerate Financial Innovation

The Innovative Finance Lab (IFL) has officially launched Ethiopia’s Regulatory Sandbox, which will allow innovative firms to test their products


List of Loan Apps in Ethiopia 2024

Digital lending platforms offer a promising and potentially transformative solution to the challenges of accessing credit in Ethiopia. These mobile-based

FinTech Must Read News

DireTube Founder Sets Sights on Lucrative Fintech Market with FenanPay Payment Gateway

BitNet Tech Solutions, a local IT firm co-founded by the founder of DireTube, an Ethiopian media and entertainment website, is