Press Releases

ADDIS ABABA, ETHIOPIA, August 14, 2024 – We are proud to announce that Abie Sano, CEO of Commercial Bank of Ethiopia, has been awarded CEO of the Year at the Innovation & Excellence Awards, co-located with the Connected Banking Summit Ethiopia 2024!

Held on August 14th at the Ethiopian Skylight Hotel, Addis Ababa, this distinguished accolade recognizes Abie Sano’s exceptional leadership and vision. His strategic direction and innovative approach have significantly advanced the Commercial Bank of

ADDIS ABABA, ETHIOPIA, August 14, 2024 – We are excited to announce that Commercial Bank of Ethiopia has been awarded the Excellence in Retail Islamic Banking at the Innovation & Excellence Awards, co-located with the Connected Banking Summit Ethiopia 2024!

Held on August 14th at the Ethiopian Skylight Hotel, Addis Ababa, this distinguished award honors the Commercial Bank of Ethiopia for its exceptional achievements in advancing retail Islamic banking. Their innovative solutions have significant

ADDIS ABABA, ETHIOPIA, August 14, 2024 – We are delighted to announce that Zemen Bank S.C. has been honored with the Excellence in Contactless Payments award at the Innovation & Excellence Awards, co-located with the Connected Banking Summit Ethiopia 2024!

Held on August 14th at the Ethiopian Skylight Hotel, Addis Ababa, this prestigious award recognizes Zemen Bank S.C.’s exceptional achievements in revolutionizing contactless payment solutions. Their innovative technology has greatly enhanced

Celebrating Innovation: Babeksingh Khalsa Wins Banktech Innovator of the Year!

ADDIS ABABA, ETHIOPIA, August 14, 2024 – Babeksingh Khalsa, Vice President of Sales for Africa at Panamax Inc., was honored with the prestigious Banktech Innovator of the Year award at the 15th Edition Connected Banking Summit - Innovation & Excellence Awards 2024, held on August 14th at the Ethiopian Skylight Hotel.

With over 25 years of experience in the industry, Babeksingh has been a transformative force in digital

The surging requirement for smooth digital transaction management and user identity authentication will aid the digital signature market to advance at 29.2% CAGR during the forecast period (2021–2030). According to P&S Intelligence, the market revenue is expected to grow from $1,858.3 million in 2020 to $25,211.3 million by 2030. Moreover, the increasing digitization and rising acceptance of online channels for payments and other applications will also augment the market growth in the foreseeabl