Eaglelion System Technology and Mastecard signed a memorandum of understanding to enhance and globalize Ethiopia’s digital economy. According to Besufkad Getachew, Founder and CEO of Eaglelion, the agreement will help Ethiopia to get access to foreign exchange, develop infrastructure, and create developed cities and educated society.

Eaglelion is currently developing an e-commerce payment technology called Get-Fee Enterprise together with Commercial Bank of Ethiopia. It is also working together with Dashen Bank with the aim of revolutionizing Ethiopia’s digital environment.

The technology company had been involved in various digitalization projects across several sectors in Ethiopia including mining and health.

Source: Addis Zemen

Additional source: Addis Fortune