African Development Bank
African Development Bank (AfDB), established in 1964 and headquartered in Abidjan, Ivory Coast, operates as a multilateral development finance institution. It offers loans, guarantees, risk management products, trade finance, treasury services, equity investments, and technical assistance to support development projects and programs across Africa. AfDB collaborates with national and international institutions to facilitate public and private sector investments aimed at economic growth and social progress. Its concessional financing window, African Development Fund (ADF), provides low-income countries with grants, loans, guarantees, and capacity-building support for poverty reduction initiatives.
EthSwitch is a company fully owned by all banks in Ethiopia, operating a shared infrastructure to facilitate e-payments. It offers affordable, secure, and efficient services such as electronic retail payment switching and clearing, central card printing, and dispute management. By leveraging advanced technology and skilled professionals, EthSwitch aims to modernize Ethiopia's payment system, increase accessibility to financial services, and foster cooperation among member financial institutions.
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