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 […]
ai-technology1 min readAI
EthSwitch Reports ETB 2.6 Billion Profit as Ethiopia’s Digital Payments Boom Accelerates
I
IT News Africa
Afrika2063
July 6, 2026
Imported
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.
◆ Why It Matters for Africa's Future Economy
FutureAfrica Intel is still analyzing the broader relevance of this story.
Agenda 2063 Relevance
Auto-inferred · Africa's Long-Term Development Framework
35%
relevance
Relevant Aspirations
ProsperityYouth & PeopleIntegration
Impact Areas
Science & InnovationHuman DevelopmentEconomic GrowthContinental IntegrationInfrastructure
SOURCE
IT News Africa ↗