Nigeria’s Qore Technologies Sets Up Shop in Ethiopia, Betting on a Cloud-First Future

Despite reforms allowing fintechs and non-bank entities to enter the market, unfair trade practices and government favoritism have been prevalent in Ethiopia’s digital financial services sector. By Kaleab GirmaGadaa Bank has become the second bank to list on Ethiopia’s Securities Exchange, registering over 1.23M shares. It joins Wegagen as the second bank to list shares on ESX. By Munir Shemsu