The digital divide in Ethiopia is becoming more pronounced, with limited accessibility and affordability of technology. Private banks in Ethiopia are facing a liquidity crisis, and the country’s digital finance revolution has seen significant progress in recent years. Access to finance has been increasing, but many adults still do not have bank accounts due to insufficient funds and lack of documentation. The startup sector in Ethiopia is hindered by a lack of access to finance. Overall, there are opportunities and challenges in Ethiopia’s digital transformation journey.
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