An Overview of Ethiopia’s National Bank New Strategic Plan 2023-2026
The National Bank of Ethiopia (NBE) has recently released its Strategic Plan for 2023–2026. This strategic plan aims to address the challenges faced by the Ethiopian economy and set a direction for the central bank’s activities. With a focus on stability, financial inclusion, and technological advancements, the NBE aims to create a favorable environment for […]
The Road to Digitalization in Ethiopia: Lessons from Fuel Stations
By Ibrahim Mamma and Endashaw Tesfaye Since April 24, 2023, all 153 gas stations in Addis Ababa have started implementing digital fuel transactions, meaning that all payments now need to be made using digital payment platforms, fully replacing cash. This caused chaotic lines across the city’s main fuel stations because vehicles queued for hours to […]