Ethiopia Digital Currency


The modern technology bringing new ways of living and making easy life changes is the most important use of technology in our generation. 

INSA has started a new activity recently August 24,2022 to register all the crypto currency for monitoring purpose.

Although National Bank of Ethiopia (NBE) said people are widely using cryptocurrencies for transactions in the country, where the use of digital currencies is currently illegal.

The closest we are to the modern e-money is the usual banks  offering POS machines and mobile banking services based on phone number. 

Here are the list of Mobile banking in Ethiopia;-

1. Tele-birr     - EthioTelecom

2.CBE-Birr  - Commercial bank of Ethiopia

3.CBE mobile banking - Commercial bank of Ethiopia

4.Amole - Awash bank

5. Enat - Mobile banking

6. E-Birr - Cooperative bank of Ethiopia                                                                                                                 
Read more about Crypto in Ethiopia here


There are currently more than 27 national banks and microfinances in ethiopia (see the list)


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