Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.

The objective of the partnership is to fully digitize all banking services offered by the company, a significant move to enhance the overall digital experience for Ebdaa's customers.

Mastercard has joined forces with a renowned training and development organization Bahrain Institute of Banking and Finance to drive financial inclusion in the country and the wider region. 

UNCDF launches the Cash-in/Cash-Out (CICO) project in Addis Ababa, Ethiopia, bringing together key stakeholders from Ethiopia's banking sector, MNOs, Fintechs, MFIs, development agencies and other digital financial services ecosystem players.

Through a strategic partnership, UNCDF and Google aim to digitize micro, small and medium enterprises in the Eastern and Southern Africa Region by providing technical assistance, training, and business advisory support.

COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.

The decision of the National Bank of Ethiopia followed the chronic foreign currency shortage the country has been facing for many years.

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.