Thanks to the National Digital Payments Strategy 2025 (NDPS), launched in 2020, the adoption of digital payments and financial services has accelerated at an unprecedented rate. Digital payments bring more than just a convenience—they represent the key to unlocking Ethiopia’s economic potential. In a country where a large percentage of the population remains unbanked, digital financial services are offering new pathways to economic empowerment. By expanding access to digital payments, we are helping to unlock the vast potential of Ethiopia’s financial ecosystem. The foundations are in place, and with continued investment in digital infrastructure, financial inclusion will expand, driving broader economic development.

Source: Ethiopian News November 04, 2024 18:21 UTC