Established 2022 · Addis Ababa

A financial sector that works for every Ethiopian

We work with public, private and development partners to remove the constraints that hold back inclusive, sustainable finance, and we publish the evidence.
Financial Inclusion
Financial Inclusion
Savings and credit that reach more people
Long-term capital for growing businesses
Finance that builds climate resilience
More women in financial leadership
Evidence that informs policy and markets
Addis Ababa skyline
Climate Finance
Climate Finance
Access to Capital
Access to Capital
Supported by and working alongside

Where we focus: inclusion, capital and climate

Financial Inclusion
Financial Inclusion
Access to Capital
Access to Capital
Climate Finance
Climate Finance
Board Ready Women
Board Ready Women
Research and data
Research and data
Convening and advocacy
Convening and advocacy
WHAT WE DO

Fixing the system, not just the symptom

Our role is to identify the underlying causes of financial system failures, facilitate market actors to address these constraints, and help build a functional and effective financial sector that generates economic gains for a wide cross-section of Ethiopian individuals and businesses.
Technical assistance
Tailored support that helps financial institutions, regulators and enterprises design and deliver better services.
Research and data
Independent studies and market data that show where the constraints are and what works.
Convening and advocacy
Bringing the sector together to agree priorities and move reforms forward.
A trader counting banknotes at her stall
A woman working at a garment factory
Savings, credit and insurance within reach
Products people actually use
Fair, transparent and safe services
Equal participation across the sector
A system that withstands shocks
OUR VISION

A thriving financial system that delivers real value

Our vision is to contribute to a thriving financial system that delivers real value to the broader economy and the people of Ethiopia.

FSD Ethiopia at a glance

Programs
3
Publications in the Resource Center
16
Stories in the newsroom
21
Board Ready Women profiled
40

Latest research and publications

Landscape of Climate Finance in Ethiopia (2026)
Landscape study
Landscape of Climate Finance in Ethiopia (2026)
Feasibility of Green & Sustainable Finance Instruments in Ethiopia
Scoping study report
Feasibility of Green & Sustainable Finance Instruments in Ethiopia
National Agricultural Finance Implementation Roadmap (2025–2030)
Agri-finance roadmap
National Agricultural Finance Implementation Roadmap (2025–2030)
Unlock Capital Markets to Advance Women's Economic Participation & Leadership in Ethiopia
A call to action
Unlock Capital Markets to Advance Women's Economic Participation & Leadership in Ethiopia
Financial Inclusion & Capital Markets for Women's Economic Empowerment
Unlocking potential report
Financial Inclusion & Capital Markets for Women's Economic Empowerment
Cash-In Cash-Out Agent Mapping Strategy
Agent mapping strategy
Cash-In Cash-Out Agent Mapping Strategy
Climate Finance Summit – Workshop Report
Workshop report, Addis Ababa
Climate Finance Summit – Workshop Report
Mobile Money in Ethiopia
Financial Sector Deepening Ethiopia blog
Mobile Money in Ethiopia
NEWSROOM

Insights and updates from FSD Ethiopia

Gender Integration as a Market Systems Strategy: Advancing Women’s Financial Inclusion
Blogs
·
July 21, 2026
Gender Integration as a Market Systems Strategy: Advancing Women’s Financial Inclusion
Ethiopia’s Open Finance Future Is Closer Than It Looks
Blogs
·
July 20, 2026
Ethiopia’s Open Finance Future Is Closer Than It Looks
From Inception to Enduring Impact
Blogs
·
July 17, 2026
From Inception to Enduring Impact
FSD Ethiopia Joins Hands Through Global Islamic Climate Finance Alliance
Blogs
·
June 27, 2026
FSD Ethiopia Joins Hands Through Global Islamic Climate Finance Alliance
FAQ

Questions we hear most

What does FSD Ethiopia do?
Our role is to identify the underlying causes of financial system failures, facilitate market actors to address these constraints, and help build a functional and effective financial sector that generates economic gains for a wide cross-section of Ethiopian individuals and businesses.
Who funds FSD Ethiopia?
FSD Ethiopia is funded by the Gates Foundation and UK International Development (FCDO), and was incubated by FSD Africa.
Is FSD Ethiopia a lender or an investor?
No. We are a market development agency. We support the institutions and rules that make the financial sector work better, rather than lending directly.
Where can I find your research?
Every report, study and brief is free to download from the Resource Center, filterable by topic and year.
How do I apply for a job, a bid or a call for applications?
Open opportunities, procurement notices and calls for applications are listed under Work with us, with clear instructions and deadlines.
Where are you based?
6th Floor, Giant Eagle Building, Mexico Square, Roosevelt St, next to Sudan Embassy, Addis Ababa, Ethiopia
NEWSLETTER

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