"Financial Inclusion Goes Beyond Just Opening New Accounts" highlights that true financial inclusion requires more than simply opening accounts.

This article, part of Shega’s AKOFADA initiative (Advancing Knowledge on Financial Accessibility and DFS Adoption), outlines actionable steps that financial institutions can take to make digital finance more inclusive.

Read the full article here: https://digitalfinance.shega.co/insights/articles/financial-inclusion-goes-beyond-just-opening-new-accounts

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Ethiopia’s mobile-money ecosystem recorded steady activity in the 2023/24 financial year. Telebirr, CBE Birr, eBirr, and M-PESA Ethiopia—reported notable transaction value, payment volume, and account growth, showing the role mobile wallets now play in everyday payments.

These numbers raise a practical question: how can mobile money work for everyone? Adoption patterns differ by age, gender, location, and education. From a first-time user to a loyal advocate, each journey brings its own challenges and opportunities.

For deeper insights, explore AKOFADA’s report, “Path to Mobile Money – Users’ Journey in Ethiopia,” our initiative dedicated to bolstering access to information on DFS in Ethiopia.

https://digitalfinance.shega.co/insights/research-reports/the-path-to-mobile-money-users-journey-in-Ethiopia

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

“Digital Financial Services: Towards Financial Inclusion for Refugees” A report published by the DAI provides a detailed analysis of how digital financial services such as mobile money, agent banking, and digital ID systems can expand access to financial tools for displaced populations. It examines key barriers including documentation, mobility, regulatory frameworks, and trust, while showcasing practical models that improve uptake and scalability.

For valuable data and actionable insights on Digital Finance, visit: https://digitalfinance.shega.co/data-hub/dashboard #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮'𝘀 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗶𝘀 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴—𝗯𝘂𝘁 𝘄𝗵𝗶𝗰𝗵 𝗰𝗵𝗮𝗻𝗻𝗲𝗹𝘀 𝗮𝗿𝗲 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝘄𝗮𝘆?

From mobile banking to POS and mobile money, transaction volumes are shifting, revealing how users are adopting new technologies and payment methods.

Download the detailed visual under AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative dedicated to bolstering access to information on DFS in Ethiopia.

https://digitalfinance.shega.co/insights/infographics

#DigitalFinance #DFS #DigitalTransactions #Fintech #Ethiopia #AKOFADA #FinancialInclusion #MobileBanking #MobileMoney

"𝗢𝘂𝘁𝘀𝗶𝗱𝗲 𝗩𝗼𝗶𝗰𝗲𝘀" on DFS Ethiopia Hub features carefully curated articles and thought pieces from influential experts and organizations working to advance digital finance in Ethiopia. It’s a collection of diverse perspectives, expert analysis, and bold ideas—helping policymakers, practitioners, and innovators stay informed.

For valuable data and actionable insights on Digital Finance, visit: https://digitalfinance.shega.co/resource #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

𝗪𝗵𝗮𝘁 𝗶𝗳 𝗲𝘃𝗲𝗿𝘆 𝗵𝗼𝘂𝘀𝗲𝗵𝗼𝗹𝗱 𝗿𝗲𝗰𝗲𝗶𝘃𝗶𝗻𝗴 𝘀𝗼𝗰𝗶𝗮𝗹 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗰𝗼𝘂𝗹𝗱 𝗮𝗹𝘀𝗼 𝗴𝗮𝗶𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝘀𝗲𝗰𝘂𝗿𝗲, 𝗺𝗼𝗱𝗲𝗿𝗻 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀?

This is becoming a reality in Ethiopia, where DFS integration into the Productive Safety Net Program (PSNP) is helping expand financial inclusion for millions of rural and low-income families.

Explore the latest report under AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative dedicated to bolstering access to information on DFS in Ethiopia. The report details how DFS is being integrated into PSNP to improve efficiency, transparency, and access to finance for millions of beneficiaries.

Visit DFS Ethiopia Hub to download the report: https://nuel.ink/08RnuC

#DigitalFinance #DFS #DigitalTransaction #AKOFADA #FinancialInclusion #PSNP #Ethiopia #SocialProtection #DigitalPayments #Fintech #G2P #GovernmentToPerson #RuralPSNP

Mobile phone ownership in Ethiopia continues to rise, yet the share of the population with mobile phones remains lower than in peer Sub-Saharan countries such as Kenya, Uganda, Nigeria, and Senegal (2022).

For deeper insights into the connectivity gaps that shape user behavior, explore AKOFADA’s report, “Path to Mobile Money – Users’ Journey in Ethiopia,” our initiative dedicated to expanding access to digital-finance intelligence in the country.

https://digitalfinance.shega.co/insights/research-reports/the-path-to-mobile-money-users-journey-in-Ethiopia

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

"Ethiopia Digital Payments Assessment": A report by the United Nations Capital Development Fund (UNCDF) offers a comprehensive look at Ethiopia’s evolving digital payments landscape. It highlights how the ecosystem is shaping financial access and identifies emerging opportunities for growth and inclusion.

Key findings include:

-Current adoption trends and usage patterns of digital payments
-Barriers to uptake, especially in rural and low-income communities
-Regulatory and infrastructure gaps holding back expansion

For valuable data and actionable insights on Digital Finance, visit: https://nuel.ink/AJPDR5

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

𝗔 𝗛𝗮𝗹𝗮𝗹 𝗣𝗮𝘁𝗵 𝘁𝗼 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮'𝘀 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻

Ethiopia’s digital financial revolution risks deepening exclusion, unless interest-free financial services are brought into the picture.

Despite strong deposit growth, only a handful of interest-free banks offer real digital financing services. Platforms like Halalpay and Ansar are innovating, but they’re the exception.

BNPL has emerged as the most viable digital financing model, but scaling it nationally requires more than product design; it demands clear regulation, investment in infrastructure, and a Sharia-compliant innovation ecosystem.

This article, part of Shega’s AKOFADA initiative (Advancing Knowledge on Financial Accessibility and DFS Adoption), explores how Ethiopia can build a more inclusive digital finance system by expanding interest-free financial services.

Read the full story: https://shega.co/news/a-halal-path-to-ethiopias-financial-inclusion

#DigitalFinance #AKOFADA

𝗦𝗵𝗲𝗴𝗮 𝗡𝗮𝗺𝗲𝗱 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 & 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗳𝗼𝗿 𝗘𝗡𝗞𝗢𝗣𝗔 𝗦𝘂𝗺𝗺𝗶𝘁 𝟮𝟬𝟮𝟱

Shega is partnering with Laurendeau & Associates as the Insights & Knowledge Partner for the ENKOPA Summit 2025. Through this collaboration, Shega will provide clear analysis, highlight emerging trends, and share insights into Ethiopia’s Business and Innovation landscape, reinforcing evidence-based dialogue and supporting meaningful outcomes across the summit.

Pre-register now to stay ahead of announcements and secure early access: https://enkopasummit.com/register-early-interest/

#Shega #Laurendeau #ENKOPASummit2025 #Ethiopia

The "Federal Democratic Republic of Ethiopia Country Gender Equality Profile 2024" provides an in-depth analysis of Ethiopia's progress and challenges in achieving gender equality across various sectors.

Key findings:

-The report highlights both advancements, such as increased female participation in education, and persistent challenges, including limited access to quality healthcare.

-Low female labor force participation and leadership representation remain significant concerns.

The report emphasizes the prevalence of gender-based violence in the country.

-The report underscores the importance of consistent data collection for monitoring progress and outlines potential strategies to enhance gender equality and empower Ethiopian women.

Download the report on DFS Ethiopia Hub: https://digitalfinance.shega.co/resource/other-reports/ethiopia-country-gender-equality-profile-2024

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

According to the GSMA Mobile Gender Gap Report 2025, only 17.5% of Ethiopian adults own a smartphone, while 40.5% use basic or feature phones. This highlights a gap in digital access, particularly among women, with only 6% owning smartphones compared to 18% of men.

For deeper insights into the connectivity gaps that shape user behavior, explore AKOFADA’s report, “Path to Mobile Money – Users’ Journey in Ethiopia,” our initiative dedicated to expanding access to digital-finance intelligence in the country.

https://digitalfinance.shega.co/insights/research-reports/the-path-to-mobile-money-users-journey-in-Ethiopia

#DigitalFinance #AKOFADA #FinancialInclusion

"Country Assessment to Facilitate Digital Financial Inclusion in Ethiopia": A detailed report by the United Nations Capital Development Fund (UNCDF) presents an in-depth assessment of Ethiopia’s digital finance landscape. The study explores how key policy, infrastructure, and market factors influence financial inclusion efforts across the country.

Key findings include:

-Current state of digital financial services (DFS) access, usage, and market maturity

-Challenges faced by underserved groups, including women, youth, and rural communities

-Priority areas for intervention, such as agent networks, ID systems, and interoperability

For valuable data and actionable insights on Digital Finance, visit: https://nuel.ink/kLFS78

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Join us on Monday, 30th June 2025, at 8:10 PM EAT on Fana FM 98.1 as we explore the topic of 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 𝗳𝗼𝗿 𝗚𝗿𝗲𝗮𝘁𝗲𝗿 𝗘𝗱𝗧𝗲𝗰𝗵 𝗔𝗰𝗰𝗲𝘀𝘀. Featuring insightful panelists 𝗧𝗮𝗱𝗲𝘀𝘀𝗲 𝗙𝗮𝗻𝘁𝗮𝘆𝗲 (Co-Founder and Scientific Director, 10 Academy) and 𝗦𝗼𝗳𝗶𝗮 𝗔𝗯𝗱𝘂𝗹𝗸𝗮𝗱𝗶𝗿 (Founder of Greatness School and CEO of Sofia Media), moderated by Rediet Meshesha (Journalist, Producer, and Cyber Reporter at Ethio FM).

We'll discuss the challenges and opportunities in building cross-sector collaborations, sustainable funding models, and strategies to ensure equitable EdTech access across Ethiopia’s diverse communities.

Don't miss this vital conversation on fostering partnerships to transform education in Ethiopia!

#EdTechMondays #EdTechEthiopia #MastercardFoundation #InclusiveEducation #Ethiopia #Shega

Managing money across providers in Ethiopia often means juggling multiple apps just to check balances or make transfers. Despite a shared National Switch that links systems, users still face fragmented, standalone apps for each provider. This complexity leads to inefficiencies, a disjointed experience, and greater friction for everyday transactions.

To better understand this challenge, Shega conducted a survey on the number of mobile banking apps users have in Ethiopia. The results showed that over 63% of respondents have more than three apps installed, and 38% have more than four.

For deeper insights into why a unified payment app could improve financial inclusion and adoption, explore the report “The Case for a Unified Payment App in Ethiopia” under AKOFADA, our initiative for bolstering the accessibility of information on DFS in Ethiopia.

🔗https://nuel.ink/DY4lkW

#DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Published on April 1, 2025, by GSMA, this report explores the potential of artificial intelligence (AI) to drive economic growth and address development challenges in Ethiopia. It highlights current AI adoption trends, key government initiatives such as the National AI Strategy, and the role of the Ethiopian Artificial Intelligence Institute (EAII).

The report also examines barriers such as infrastructure gaps, data limitations, and skill shortages while noting opportunities arising from telecom liberalization and growing digital investments. Designed for policymakers, investors, and technology stakeholders, this analysis provides valuable insights into Ethiopia’s evolving AI landscape.

Visit DFS Ethiopia Hub for more resources on DFS: https://digitalfinance.shega.co/resource/other-reports/AI-in-Ethiopia-Promising-use-cases-for-development #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia