Digital Finance Expands Access to Credit for Millions in Ethiopia, Official Says
17:08 31.08.2026 (Updated: 17:24 31.08.2026)
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Digital Finance Expands Access to Credit for Millions in Ethiopia, Official Says
An "inclusive financial system" provided via various banks has enabled microloan services to assess creditworthiness, Solomon Soka, state minister for labor and skills, told Sputnik Africa on the sidelines of the ministry's consultative forum.
The system is based on "analyzing loan borrowing and repayment trends and histories," he added.
ℹ The consultative forum of the Ministry of Labor and Skills is taking place in Addis Ababa from Monday to Thursday to review five‑year achievements in job creation and skills development, featuring panel discussions, national consultations, and exhibitions.
Watch the video to learn how the ministry's "four key focus areas" are transforming Ethiopia's workforce.
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