NEWS: Two foreign banks apply to establish new banking operations in Ethiopia
NEWS: Addis Ababa approves restructuring of transport, licensing and public enterprise oversight
NEWS: Afreximbank plans $280 million in additional Djibouti infrastructure financing
NEWS: Ethiopia reportedly plans vehicle price ceilings from October 20
NEWS: Addis Ababa restricts showroom vehicle sales to licensed dealers
NEWS: Ethiopia approves shift from fuel-vehicle import ban to tariff controls
NEWS: TDB eyes Ethiopian fertilizer project, but financing and timeline remain undisclosed
NEWS: Ethiopia records USD 23m AfCFTA trade as tariff schedules lag
NEWS: MIDROC signs machinery deal for 1.25m-tonne Metekel gold plant
NEWS: Ethiopia cuts foreign homeownership threshold to USD 100,000 in three regions
News - Financial

Ethiopian Airlines, CBE Launch Visa Prepaid Card for Global Payments

Jun 07, 2026
Ethiopian Airlines, CBE Launch Visa Prepaid Card for Global Payments

Key Takeaways:

• June 5 launch adds a co-branded Visa prepaid card for Ethiopian Airlines customers.

• Ethiopian Airlines Group and Commercial Bank of Ethiopia launched the card with Visa.

• The card targets secure global transactions across Ethiopian Airlines’ international destinations.

• ShebaMiles members are expected to benefit from fast and simplified worldwide payment services.

• The prepaid card links everyday spending with travel-related rewards and customer benefits.

• Users can accumulate rewards through point-of-sale transactions and online e-commerce purchases.

• Ethiopian Airlines is expanding its digital service ecosystem beyond air transport services.

Market Impact:
The card deepens the link between Ethiopia’s largest airline, its largest commercial bank and a global payments network. For Ethiopian Airlines, the product extends customer engagement beyond ticketing and travel into payments, rewards and digital service integration.

For CBE and Visa, the launch strengthens the formal payment channel available to international travellers and airline customers. The product also signals a move toward more integrated travel-linked financial services, combining loyalty, payments and e-commerce functionality.

Key Numbers:

  • June 5, 2026 — launch date — marks formal product rollout

  • 3 institutions — Ethiopian Airlines, CBE and Visa — joint payment collaboration

  • 1 card — co-branded Visa prepaid product — links airline services with payments

Business Signal:
Ethiopian Airlines and CBE are moving travel services closer to digital payments, loyalty rewards and cross-border customer finance.