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build deploy IT News Africa July 06, 2026

EthSwitch Reports ETB 2.6 Billion Profit as Ethiopia’s Digital Payments Boom Accelerates

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EthSwitch, Ethiopia’s national payments switch, has reported a gross profit before tax of ETB 2.6 billion for the 2025/26 financial year, highlighting the rapid growth of interoperable digital payments in one of Africa’s largest and fastest-growing economies. During the year, the company processed 387 million interoperable transactions worth ETB 1.26 trillion, reflecting increasing adoption of […]

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