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Mastercard Introduces AI and Tokenization to Enhance Digital Payment Security in Ethiopia

Mastercard is strengthening digital payment security in Ethiopia by deploying artificial intelligence and tokenization technology as electronic transactions become increasingly common.


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Ethiopia Processes Over 1 Million Business Registration and Licensing Services Online in Three Months

Ethiopia has processed more than 1.08 million business registration and licensing services through digital platforms over the past three months, marking significant progress in the country's efforts to modernize public service delivery.


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Ethiopia Attracts USD 1.432 Billion in FDI in First Quarter of 2026/27 Fiscal Year

Ethiopia attracted USD 1.432 billion in foreign direct investment (FDI) during the first quarter of the 2026/27 fiscal year, representing a 49 percent increase compared to the same period last year, according to the Ethiopian Investment Commission (EIC).


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EEP Fast-Tracks 18 Power Grid Projects Ahead of COP32

Ethiopian Electric Power (EEP) is accelerating 18 electricity infrastructure projects to improve grid reliability and prepare the capital for the COP32 climate summit, scheduled for November 2027.

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Ethiopia Joins Pan-African Payment System to Strengthen Regional Trade and Financial Integration

The National Bank of Ethiopia (NBE) has officially joined the Pan-African Payment and Settlement System (PAPSS), marking a significant milestone in the country’s efforts to modernize its financial sector and strengthen economic integration with African markets.


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