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Ethiopia Opens Banking Sector to Foreign Competition

Ethiopia, a nation long known for its closed financial system, has taken a significant leap towards economic liberalization. A new law passed in December 2024 opens the country’s banking sector to foreign competition, marking a pivotal moment for its economic future. This move is expected to inject much-needed capital, innovation, and expertise into the Ethiopian […]

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Business News

Fintech Hits $1B in Payments: Pure Word-of-Mouth Power

In the ever-competitive world of Fintech, achieving a billion dollars in processed payments is a monumental feat. But doing it almost entirely through word-of-mouth? That’s nothing short of extraordinary. This is the remarkable story of a Fintech company (name withheld due to TechCrunch’s current policy) that recently reached this milestone, proving the enduring power of […]

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