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Awash Bank has entered a strategic partnership with Safaricom M-PESA to deliver digital loan services and financial solutions across Ethiopia. The collaboration aims to enhance financial inclusion by leveraging M-PESA’s mobile platform to offer real-time, secure, and accessible loan products to customers.
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Ahadu Bank joined the industry with three branches, distinguished for their deep black-and-red layouts, with a plan to open 47 more by October. It has a subscribed capital of 702 million Br, with 80pc paid from around 10,000 shareholders. It plans to reach the five billion Birr minimum paid-up capital threshold in three years, as required by the National Bank of Ethiopia (NBE). https://addisfortune.news/ahadu-to-the-labour-scramble/ | Addis Fortune | Facebook
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