Is Ethiopia Africa’s sleeping fintech giant?
Editor's Note: This is a guest article written by Yohannes Tsehai, Country Manager of Onafriq Ethiopia (formerly MFS Africa). The fintech sector has been one of Africa’s biggest technology success stories. According to one report, the continent’s 678 fintech startups raised more than US$2.7
Editor's Note: This is a guest article written by Yohannes Tsehai, Country Manager of Onafriq Ethiopia (formerly MFS Africa).
The fintech sector has been one of Africa’s biggest technology success stories. According to one report, the continent’s 678 fintech startups raised more than US$2.7 billion between 2021 and August 2023. Additionally, almost all of the continent’s unicorns (startups valued at more than US$1 billion) are in the fintech sector.
