Mastercard to further deliver digital economy across Ethiopia

Mastercard will help Ethiopia to achieve its objectives

Mastercard Ethiopia

Mastercard to further deliver digital economy across Ethiopia. Source: pixabay.com

Mastercard and the Ethiopian Ministry of Innovation and Technology (MINT) will partner for the implementation of strategic solutions to deliver a digitized economy in Ethiopia.

Under this MOU, Mastercard will use its global technology platforms, insights, and experience from working with governments worldwide in supporting Ethiopia.

At the same time, the Ethiopian Government seeks to optimize existing technology, digital assets, and services in driving its digital transformation agenda. It will directly support efforts towards financial inclusion. As a result, that would create safe and accessible digitized payment solutions for small businesses and implementing digital identity projects.

Mastercard is committed to connecting and empowering an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Building on our long-standing partnership with the Ethiopian government, we are excited to be partnering with this innovative team to meet the goals set in the Digital Ethiopia 2025 strategy.  This partnership also supports our global commitment to bring 1 billion people and 50 million micro and small businesses into the digital economy by 2025
Raghav Prasad, Division President, Sub-Saharan Africa, Mastercard

We’ve reported that Mastercard has announced the launch of the Small Business Digital Readiness Diagnostic in the US. That’s a free online tool to help entrepreneurs future-proof their businesses for a digital world.

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