Why Ethiopia’s local fintechs are worried (Hawi Dadhi/Quartz)

Hawi Dadhi / Quartz
Why Ethiopia’s local fintechs are worried – The countrys financial regulator, The National Bank of Ethiopia, is amending a decade-old Payment System law, allowing foreign investors, to set up business in Ethiopia as digital financial services providers. When Ethiopias prime minister, Abiy Ahmed, came into power in 2018, his administrations move to liberalize sectors which had remained …

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