Our Story

Built for Ethiopia.
Built to last.

Sheba Credit is building Ethiopia's first private AI-powered credit bureau — the financial identity infrastructure that 135 million people deserve.

The Problem

95% of Ethiopians are invisible to formal credit.

Ethiopia has over 135 million people, the second largest population in Africa. Yet fewer than 5% have any formal credit history. Not because they are uncreditworthy — but because the infrastructure to see them has never existed.

Lenders can't serve people they can't assess. People can't build wealth without access to credit. Sheba Credit closes that gap.

135M
People with no formal credit history
<5%
Current formal credit coverage
$5B+
Annual SME financing gap
Zero
Private credit bureaus before Sheba
Our Approach

Alternative data. Real identities. Transparent scores.

We don't wait for bank statements. We use what people already have — mobile money history, savings behaviour and agricultural records — and turn it into a verifiable credit identity.

Alternative Data

Telebirr payments, Ethio Telecom history and savings patterns become credit signals. No bank account needed.

Fayda Identity

Every credit file is anchored to Ethiopia's national digital ID. One person, one verified credit identity — fraud-proof from the ground up.

Explainable Scores

We show users exactly what drives their score and how to improve it. Transparency isn't just ethical — it's what the NBE expects.

The Founder

Built by someone who knows the problem personally.

Hamid Ali is a British-Ethiopian entrepreneur with direct experience of the financial infrastructure gap in East and West Africa. After witnessing the barriers that prevent ordinary Ethiopians from accessing credit, he founded Sheba Credit to build the infrastructure the system never provided.

Sheba Credit is built to comply with NBE Directive CRB/02/2019 — designed to operate as a licensed bureau, pending NBE licensing — with financial inclusion at its core.

Get involved

Ready to be part of Ethiopia's credit revolution?