Central Banking

Ethiopia’s central bank launches digital payments strategy

Addis Ababa
Addis Ababa
Ninaras / Wikimedia

The National Bank of Ethiopia has launched an ambitious three-year strategy to modernise and expand the country’s digital payments infrastructure.

“The Covid-19 pandemic has dramatically heightened the urgency of digitising payments in Ethiopia,” the NBE said in a strategy document published on July 16.

“Digital payments increase the speed, efficiency and accuracy of payments, and vastly reduce the need for in-person cash transactions requiring physical contact.” 

The central bank pledged to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: