Ethiopia

Horn of Africa's Fintech Frontier

Ethiopia's fintech ecosystem is rapidly developing to serve 120 million people, with Addis Ababa emerging as a key innovation hub. The country presents massive opportunities for digital financial services growth.

120M+ Population

25+ Fintech Apps

$156B GDP (2024)

Market Overview

Ethiopia's fintech sector is at an inflection point following recent market liberalization. The National Bank of Ethiopia has introduced progressive regulations to encourage innovation while maintaining financial stability in Africa's second-most populous nation.

35M

Banked Adults

45%

Mobile Penetration

21M

Mobile Money Users

$75M

Fintech Investment

Top Fintech Apps in Ethiopia

Top Fintech Founders

Market Insights

Ethiopia's fintech potential is enormous with recent market reforms unlocking opportunities. The government's Digital Ethiopia 2025 strategy aims to transform the country into a regional digital hub. Key growth areas include mobile money, digital lending, and cross-border payments.

Financial Inclusion Across Ethiopia

Regional analysis of banking and mobile money penetration from Addis Ababa to regional states.