Ethiopia is experiencing one of the fastest digital connectivity surges in Africa — mobile internet users grew significantly in just one year, driven by Ethio Telecom’s scale and Safaricom’s accelerated rollout. Yet the financial inclusion gap remains wide.
Although 75% of adults own a mobile phone, only 49% hold a financial account, leaving a 26-point access gap. Most mobile phone owners remain unbanked or unserved by mobile money systems.
