Ethiopia’s Payment Switch Clears $8 Billion

CIO Africa

"EthSwitch, Ethiopia’s national payment switch, processed $8 billion (ETB 1.26 trillion) in interoperable digital transactions during the 2025/26 fiscal year, highlighting the rapid expansion of the country’s digital payments ecosystem. Announcing its results for the year ended 30 June 2026, the company reported gross profit before tax of $16.5 million (ETB 2.6 billion) and processed 387 million interoperable transactions across its network."