Dashen Bank has been nominated as the Platinum Sponsor of the forthcoming African Tech Expo taking place in Addis Ababa at the Skylight Hotel between 7 – 9 September 2022. The event has attracted exhibitors from all across the world as well as visitors from across Africa and is billed to emerge as one of the most popular events serving Africa’s growing digital economy and technological advancement.
“Dashen Bank is a leading force in Ethiopia’s digital transformation. We were the first to introduce coring banking system to the industry,” said Mulugeta Alebachew, Chief Strategy & Innovation Officer at Dashen Bank. “We were also the first to herald card banking system and launch issuing and acceptance of international debit cards. Dashen also set the trend in mobile payments with its flagship Amole platform that boosts a customer base of more than 3.5 million. Recently, Dashen has introduced the first-of-its-kind Tier III Ready Data Center. The Huawei FusionModule2000 Data Center deployed by Dashen has 1,000 units’ space for servers, network and storage space. The data center is accompanied by state-of-the-art network and security operation centers. Just recently, we have inaugurated IBM enabled Enterprise Service Bus and API Gateway that would make easy for partners in the payments and ecommerce space to integrate with the Bank’s systems.
“For Dashen Bank, adoption of cutting edge technology and customer centricity are the hallmarks of our strategic drive as we always thrive to stay ahead of the competition. Our investment on technological infrastructures and digital emanate from this strategic outlook. The African Technology Expo 2022 would be the ideal platform for us to showcase our achievements, learn from others experience, network with potential partners in the financial technology and payments space. We are proud of our sponsorship of the event and would continue to support this and other similar endeavors that are aligned with our strategic priorities and Ethiopia’s vision to build digital economy,” he concluded.
African Tech Expo
African Tech Expo is the first event of its kind to be held in Ethiopia, the second most populated country in Africa. The expo has attracted exhibitors from all across the world making it one of the most well attended event in Ethiopia after the COVID pandemic. Exhibitors include internationally-acclaimed names like Jumia, Amazon, Microsoft, Meta, Oracle, Siemens, Access, China Unicom – to name a few.
The event will focus on key growth areas in the technology sector and introduce futuristic technologies to an African audience with a view of providing a platform for direct B2B trade between global tech firms and a growing and aspirational African population.
The growing African tech ecosystem recorded its highest growth in 2021 raising $5.2 billion. According to analysts, the African continent is expected to continue on its growth trajectory and raise approximately $7 billion in 2022 – making it one of the fastest growing markets for tech related products and services.
Digital Offering by Dashen Bank
Dashen Bank is the first bank in Ethiopia to provide a full-fledged payment card service as a principal plus member of AMEX, VISA, MasterCard and Union Pay (as the first African Bank to sign such agreement).
Dashen Bank also works in partnership with leading brands in the electronic payments industry (AMEX, VISA, MasterCard &UnionPay) and prominent money transfer operators (Western Union, MoneyGram, Express Money, Dahabshiil, EzRemit, Kahh, Transfast, and Ria, World Remit).
The Bank issues AMEX branded debit cards that give clients the added convenience of round-the-clock banking through Automated Teller Machines (ATMs) and conduct purchases at a growing number of merchant locations via point of sale terminals (POS). Dashen Bank exclusively acquires and issues American Express cards in Ethiopia.
Dashen provides Salary Card for staff of institutions who opt to relieve themselves of the hassle related to handling salary payment.
The Bank also provides SharikCard to all Sharik account holder to operate accounts 24/7 on ATM and merchant POS and An-NissaCard to all women’s having An-nissa account to operate accounts 24/7 on ATM and merchant POS.
It is Dashen Banks’ Omni channel banking service which offers digital payment capability and access to aggregated digital products and services from Retailers, the Entertainment Industry, Airtime Dealers, Bill Payment Points, Airlines, Social Media Players and third-party service providers.
Enabling A Digital Economy
Dashen Bank’s channel banking service is available on both smart phones and ordinary mobile sets using USSD.
Dashen Bank customers can transact at their convenience, easily, safely and affordably, regardless of where they are – at any-time using Amole digital platform, without necessarily being physically present at the transaction point, all done without leaving the comfort of their homes, office or moments of relaxation. Customers can access Dashen Bank’s services and make payments on the go. Amole services include:
- Fund transfer
- Transfer within own account
- Transfer within Dashen Bank account
- Transfer to other Bank
- Transfer to mobile (registered & unregistered)
- Mobile payment
- Bill payment
- DSTV subscription payment
- School fee payment
- Air time top up
- Digital content sales payment (concert tickets, payments & many more)
- Utility bill payment
- Air ticket purchase
- Merchant payment
- Remittance (Direct Remittance to mobile wallet)
- Balance enquiry
- Transaction history/statement
- Transaction alerts/SMS messages
- Salary payment
The application ‘’Amole’’ can be downloaded from Google Play or the App Store.
Recently the Bank introduced an Amole branded gift cards to be used at selected merchant locations; Queens Supermarket and Home Depot gift card, Lime Tress Restaurant Gift Card.
Dashen Bank also introduced an international ecommerce gateway, which is the first of its kind in Ethiopia which supports three International cards i.e. AMEX, VISA and MasterCard.
The international payment gateway enables businesses in Ethiopian to easily accept payments from across the world either through their website or App. The introduction of the gateway also helps business in Ethiopia to open sell their products and services beyond the local market.
About Dashen Bank
Headquartered in Addis Ababa, Dashen Bank is among the biggest private banks in Ethiopia and one of the most reputed brands in the domestic banking market in the larger East Africa region. The prestigious bank operates through a network of more than 442 Branches, nine dedicated Forex Bureaus, 389 ATMs and 1,283 plus Point-of-Sale (POS) terminals spread across the length and breadth of Ethiopia. Wherever business takes customers around the world, Dashen Bank is already there.
Dashen Bank was founded by eleven visionary shareholders and veteran bankers with initial capital of Birr 14.9 million in September 1995. Upon securing license from the National Bank of Ethiopia, Dashen opened its doors for service on the 1st of January 1996 with eleven fully-fledged branches.
