K-flip Knowledge Hub

K-flip is a knowledge hub powered by Kifiya Financial Technology created to serve as a hub for players operating in the digital solutions ecosystem.

[K-flip Knowledge Hub @kflipinsight]

Ethiotelecom's recent report states that out of 82 million devices connected to its network, 42% of them are smartphones.

Check out our latest articles discussing the impact of telecom service expansion on the growth of digital financial services.

https://t.co/RbO26c1nbF

[K-flip Knowledge Hub @kflipinsight]

As financial institutions and digital financial service providers invest heavily in expanding agent networks in #Ethiopia, a guide published by CGAP provides theoretical and practical learning for implementers.

[K-flip Knowledge Hub @kflipinsight]

Due to low population density and latent demand for financial services, rural agent networks struggle to generate revenue from CICO operations, especially compared to their urban counterparts.
https://t.co/d0SLtxe9rC

[K-flip Knowledge Hub @kflipinsight]

Experts assert that creating a sustainable CICO operation will need to create further revenue-generation opportunities for rural agents.

[K-flip Knowledge Hub @kflipinsight]

🚨 Ethiopia's Banking Liquidity Crisis: Growing Concern 🏦

Long lines at banks reveal a severe liquidity crisis. Seasonal challenges (harvest, tax, dividend payouts) worsen the issue. Are we witnessing Ethiopia's worst liquidity crisis? More insights: https://t.co/Z0Rb6ecfDa

[K-flip Knowledge Hub @kflipinsight]

"Rapid financial landscape shifts in demand banks to embrace tech, partnerships, regulatory reforms, financial literacy & customer service for success."
Tesfaye Mengistu, business development expert, shares insights on #DigitalStrategies in #Ethiopia: https://t.co/iUjY3vej96☁️✨

[K-flip Knowledge Hub @kflipinsight]

NBE cites poor cash management as the root of Ethiopia's bank liquidity crisis, warns against excessive loan disbursement (223% annual growth) & declining high-quality liquid assets. More details: https://t.co/fFUzmc0QRc.

#EthiopiaBankingCrisis #LiquidityIssues #NBEWarning

[K-flip Knowledge Hub @kflipinsight]

The NBE has set July 2023 as the #deadline for #mfis under formation to join under the current #capital requirement of ETB 10M ; they will have 7 years to fulfill the new requirements while existing ones have 5.

For more on the implications visit https://t.co/gDhtjvop09.

[K-flip Knowledge Hub @kflipinsight]

Despite the likelihood of venture funding to the continent declining, 2022 was still marked a positive year for African tech startups; an encouraging outlook for the continent's vast potential. Visit https://t.co/7SvzFr8ytL for more.

[K-flip Knowledge Hub @kflipinsight]

So far in March, African #techstartups have raised $33M, 90% less than the amount raised in the same period the previous month. The decline, in addition to the #global economic downturn, was exacerbated by the shockwaves from the collapse of #Silicon_Valley_Bank (SVB).

[K-flip Knowledge Hub @kflipinsight]

A global #economicdownturn is one of the early warning signs that #startups should diversify #investment sources to quench their needs. In this piece, we examine why the boom in #venturefunding is not a reliable unitlateral alternative. Visit https://t.co/qhWpy6dQYQ for more.

[K-flip Knowledge Hub @kflipinsight]

Do you think that such a hefty price tag 👇👇👇 serves the #development of the mobile money sector or sets even more cumbersome #barriers ? Visit https://t.co/HOzmbEP80P for our take and head on to the comments to share yours. #finance #investment #invesmentprotection

[K-flip Knowledge Hub @kflipinsight]

Visit https://t.co/TUGZoDRZ51 for the answer as well as our breakdown of the International Fund for Agricultural Development (IFAD)'s Ethiopia Country Diagnostic for RemitSCOPE Africa.

#Remittances #Africa #Infromalmarkets #ifad #development #kflip

[K-flip Knowledge Hub @kflipinsight]

Visit https://t.co/QaCDVzrNlc for a key insight breakdown of Ethiopia's macroeconomy as presented by the #nationalbankofethiopia 's quarterly bulletin. Which surprised you? Which do we need to prioritize?

#Insights #macroeconomics #report #Ethiopia #kflip

[K-flip Knowledge Hub @kflipinsight]

Read the full article here
https://t.co/vpeBGkboDq

#financialservices #financialInclusion #Ethiopia #Digitalfinance

[K-flip Knowledge Hub @kflipinsight]

Did you know that in the whole history of #banking in #Ethiopia, there have been fewer than a handful of women serving as CEO?

Read more about a study done by the World Bank to assess the state of the gender leadership gap in Ethiopia's banking sector. https://t.co/mTxXRPRIQI

[K-flip Knowledge Hub @kflipinsight]

This study done on the gender gap in the Ethiopian banking industry that assesses various banks concludes Women are underrepresented in leadership positions across Ethiopia’s commercial #banking sector, and that the percentage of female staff decreases with each step of seniority

[K-flip Knowledge Hub @kflipinsight]

While there are several studies on gender and financial inclusion in #Ethiopia, they do not explore the #leadership #gender gap in the banking industry.

https://t.co/mTxXRPzzCA

[K-flip Knowledge Hub @kflipinsight]

Earlier this week, the Parliament’s standing committee for budget, plan & finance convened with NBE & members of the private sector to deliberate on the amendment of the #payment systems proclamation.

We have reviewed the proclamation & the discussion. https://t.co/MsFQxJ7Z3G

[K-flip Knowledge Hub @kflipinsight]

@EthiopianATA ATI's 8028 hotline was conceived as a prospective solution to these problems.

Read the full article here https://t.co/k7WujIGcTO

[K-flip Knowledge Hub @kflipinsight]

Although #Ethiopia boasts one of the world's largest extension networks, there is still space for improvement in terms of providing quality and relevant information to #farmers.

[K-flip Knowledge Hub @kflipinsight]

With a force of some 70,000 extension workers, the worker-to-farmer ratio (1 for every 200) limits the in-person attention and support farmers can get. Limitations in disseminating important information and warnings have also been a concern.