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AeTrade Group and Amhara Bank Join Forces to Advance Financial Inclusion and Digital Transformation, Addis Ababa, Ethiopia – December 17, 2024

Writer's picture: Mulualem SyoumMulualem Syoum

AeTrade Group and Amhara Bank are proud to announce a groundbreaking partnership designed to enhance financial inclusion and drive digital transformation in Ethiopia. This collaboration signifies a shared vision of empowering Small and Medium Enterprises (SMEs), women, and youth while positioning Ethiopia as a leader in the African digital economy.

Statement from AeTrade Group CEO


It is a great honor to stand alongside Amhara Bank to announce this transformative partnership. Together, we aim to empower SMEs, women, and youth while integrating Ethiopia seamlessly into the expanding digital economy.

At AeTrade Group, we believe that an inclusive digital ecosystem is fundamental to sustainable development. By equipping businesses with the necessary tools, technologies, and financial solutions, we are helping them navigate an ever-evolving marketplace. Partnering with Amhara Bank—a financial institution deeply embedded in Ethiopia’s communities—will ensure that digital transformation reaches even the most underserved populations, fostering equitable economic opportunities for all.

Our initiatives address the critical challenges Ethiopian businesses face today:

  • Financial Services: Enabling innovation and growth through accessible financing.

  • Resilient Supply Chains: Improving logistics to enhance efficiency and cost-effectiveness.

  • Seamless Cross-Border Payments: Empowering enterprises to expand into regional and international markets.

Aligned with the African Continental Free Trade Area (AfCFTA), this partnership is a decisive step toward realizing a unified and prosperous African market


Statement from Amhara Bank CEO


On behalf of Amhara Bank, I extend heartfelt gratitude to AeTrade Group for initiating this innovative collaboration. Today marks a pivotal moment as we combine efforts to advance financial and digital inclusion in Ethiopia.

Amhara Bank has always prioritized empowering SMEs, women, and youth while fostering innovation through accessible financial services. This partnership with AeTrade Group enhances our ability to deliver on these priorities by leveraging cutting-edge technology and innovative solutions.

Together, we aim to provide transformative services, including:

  • Mobile Wallets and Multipayment Gateways: Offering secure and user-friendly platforms for both local and international transactions.

  • AeTrust and Cross-Border Payments: Establishing reliable systems to enhance trust and efficiency in trade.

  • Digital Remittance Solutions: Creating advanced channels for Ethiopians abroad to send money home affordably and easily.

This partnership is not just about delivering services—it’s about creating opportunities. By equipping SMEs, women, and youth with essential resources and technical know-how, we are building a foundation for Ethiopia’s leadership in the African digital economy.





Call to Action

This partnership is more than an agreement; it is a call to action. AeTrade Group and Amhara Bank invite stakeholders across Ethiopia and Africa—including policymakers, private enterprises, and development organizations—to join this transformative journey.


Together, we aim to foster hope, drive innovation, and create opportunities for millions of Ethiopians. By addressing today’s challenges, we are laying the foundation for long-term resilience and prosperity.


Our combined efforts will yield measurable outcomes: increased financial access, enhanced trade facilitation, and greater economic participation for women and youth. This partnership is a testament to our shared commitment to ensuring that Ethiopia’s businesses and communities reap tangible benefits from this collaboration.


Contact Information

AeTrade Group Media Relations Email: info@aetradegroup.comWebsite: www.aetradegroup.com

Amhara Bank Public Relations Office Email: info@amharabank.comWebsite: www.amharabank.com

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