Ethiopia has unveiled a strategic roadmap which aims to enable the country set up one of the leading digital payment networks on the continent in the next 10 years.
The country’s national interoperable digital payments platform EthSwitch recently signed a 15-year plan with partner Genesis Analytics to realize this ambition.
EthSwitch is a national switch owned by public and private banks in Ethiopia. Genesis Analytics is an economic and development consulting firm headquartered in Johannesburg, South Africa.
In an announcement on its Facebook page, the EthSwitch stated that the “strategy will focus on expanding digital financial products, improving service delivery for both existing and emerging customer groups, and strengthening the company’s role in driving innovation within the digital finance ecosystem.”
