EthSwitch Soars: Ethiopia’s Payment Switch Posts Impressive Financial Gains
EthSwitch S.A., Ethiopia’s leading national payment switch operator, has unveiled exceptional financial results for the past fiscal year, demonstrating its increasing importance in the country’s burgeoning digital financial sector. According to announcements made during the 12th Annual General Meeting of Shareholders in Addis Ababa on October 18, 2025, the company achieved a pre-tax profit of 1.42 billion birr and a remarkable 34% rise in total revenue, signalling substantial growth and success. This performance underscores the growing adoption of digital financial solutions within Ethiopia and the critical role EthSwitch plays in facilitating these transactions.
Record Revenue and Capital Growth
Chairman of the Board, Ato Solomon Desta, reported that EthSwitch’s annual total revenue reached 2.2 billion birr, a testament to the company’s expanding reach and service offerings within the Ethiopian payment landscape. Furthermore, paid-up capital surpassed 2.5 billion birr, illustrating solid investor confidence and sustained organizational development. Ato Solomon emphasized EthSwitch’s achievements in establishing a modern and efficient payment ecosystem, focusing on strengthening the nation’s digital payment infrastructure, enhancing interoperability, and improving the overall user experience. This progress signifies advancements in African tech, furthering Ethiopia’s financial inclusion goals through digital channels.
In conclusion, EthSwitch’s robust financial performance highlights the company’s success and its vital contribution to Ethiopia’s digital economy. The company’s commitment to developing a state-of-the-art payment system, along with strong financial figures, positions EthSwitch as a key player in driving the future of digital finance in Ethiopia and, by extension, the broader African context.
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