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Teddy Profile picture
Teddy
@TeddyTassewK
Tweets about #Finance, #Tech, #DFS, #Fintech, #Mobilemoney #DigitalEconomy, and #Development. Tweets are personal. #Ethiopia 🇪🇹
Apr 26, 2023 • 17 tweets • 6 min read
@GSMA has published its annual State of the Industry Report on Mobile Money 2023, which provides insights into the global mobile money landscape.

Here are some key takeaways from the report.

A thread:

#MobileMoney #DFS #FinancialInclusion #DigitalPayments Image ↗️Adoption and active usage continue to rise, with registered accounts growing by 13% YoY, from 1.4 billion in 2021 to 1.6 billion in 2022.
Accounts active on a 30-day basis also grew at the same rate.

Africa continues to show growth and particularly Ethiopia 🇪🇹 and Nigeria 🇳🇬. Image
Jun 6, 2022 • 18 tweets • 6 min read
Cepheus Research and analytics @CepheusCapital has released their latest Ethiopia's Macroeconomic Developments and Outlook for the First Quarter 2022.

Here is a thread 🧵 highlighting the key takeaways from the report.

@CepheusCapital @Filagotes #Ethiopia Ethiopia’s economy faced six distinct shocks including major price spikes in global markets as well as domestic shocks linked to conflict & drought.

Global shocks in fuel, food, fertilizers, and freight cost Ethiopia an additional $4bn this year, raising total imports to $18bn.