Africa
Ethiopia· Mīzan TeferīEthiopia's Digital Financial Transactions Surge to 33 Trillion Birr
The National Bank of Ethiopia (NBE) reports a significant increase in digital financial transactions, reaching 33 trillion Birr in the 2025/26 fiscal year, a 137-fold increase since 2020.
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Ethiopia's Digital Financial Transactions Surge, NBE Reports 33 Trillion Birr
First report 21h agoLast update 14h ago2 takes▲ 1 1
positive growth and potentialpositiveShow 4 posts
started 21h ago•Last update 14h ago
The rapid growth in digital transactions and mobile money accounts indicates a maturing digital ecosystem and significant potential for further market penetration and financial inclusion.
skepticism on inclusion ratesneutralShow 1 post
started 17h ago•Last update 17h ago
Despite the high number of mobile money accounts, skepticism exists regarding actual financial inclusion, with only 46% of adults having access to formal financial services, suggesting issues with multiple accounts and dormant users.
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