Ethio telecom convened a workshop with representatives from microfinance institutions and savings and credit cooperatives (SACCOs) under the theme ‘Empowering Microfinance Institutions.’ The session focused on the company’s cloud-powered core banking solution, developed to modernize financial operations for grassroots financial institutions across Ethiopia.
The workshop featured a detailed presentation of the solution, outlining its ability to increase operational productivity, enhance service delivery, and provide a secure, efficient, and user-friendly digital experience. The system is designed specifically to support the digitization of microfinance and cooperative institutions, enabling them to better serve customers and adapt to evolving digital demands.
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During the session, technical and operational questions raised by participants were addressed by Ethio telecom’s team, reinforcing the platform’s practical applicability and ease of integration. Attendees included senior leadership from Ethio telecom and invited stakeholders from a range of microfinance institutions and SACCOs.
It was noted that the new digital solution is part of Ethio telecom’s broader contribution to the Digital Ethiopia 2025 strategy, which aims to build a more inclusive and technology-enabled economy. This initiative also complements the growth of telebirr, Ethio telecom’s mobile money platform, by strengthening digital financial infrastructure at the institutional level.
