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#22 Ethiopia allows foreign banks for the first time in 50 years
Tech Tides Africa
37 minutes 19 seconds
4 months ago
#22 Ethiopia allows foreign banks for the first time in 50 years
In this episode of the Tech Tides Africa podcast, we discuss Ethiopia’s historic decision to allow foreign banks into its financial sector for the first time in 50 years, a move set to reshape banking access and investment in the country.
We also cover Africa’s latest fintech milestone, the launch of a pan-African payment card aimed at easing cross-border transactions and fueling continental trade. Could this finally be the solution to Africa’s fragmented payments landscape?
Also in this episode:
- MTN Nigeria completes first phase of $235M data centre, entering the African cloud race
- Nigeria to link citizens’ borrowing history to NIN in new data policy push
- Rwanda leverages AI dataset to expand healthcare access
- AfricInvest exits $6B AFG Holding after doubling banking assets
- Stanbic Kenya launches $100M startup fund in rare VC-style move by a legacy bank
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