Despite Liberalization, Ethio Telecom Remains “Cash Cow”

Ethiopia’s former ruling party often referred to the country’s telecom sector and Ethio Telecom as a “cash cow.” The late

Maleda Innovative Financing Unlocks 1 Million Birr in Collateral-Free Loans for Startups, SMEs

Maleda, a collaborative initiative between Sumuni Creative Solutions, Partnership for Change, and Amhara Bank, is aiming to support startups and

Safaricom, Sumitomo, JICA, MiNT Partner to Drive Ethiopia’s Digital Transformation

Ethiopia’s new telecom operator, Safaricom Ethiopia, global investment firm Sumitomo Corporation, and the Japan International Cooperation Agency (JICA) have joined

Nedaj Processes 2 Billion Br in Fuel Transactions

EagleLion System Technology, a local IT firm, has announced that its digital platform for fuel payment Nedaj has processed transactions

Ethiopian Government Exempts Ride-hailing Drivers from Paying TOT, VAT

Officials at the federal government have exempted ride-hailing drivers from paying turnover tax (TOT) and value-added tax (VAT). The decision

Digital IDs Poised to Become Primary Form of Identification in Ethiopia’s Financial Sector

The National Bank of Ethiopia and the National ID Program (NIDP) are planning to onboard all customers in the financial

Visa Appoints New Country Lead for Ethiopia

Visa, the global giant in digital payments, has appointed Yared Endale, as the new Country Lead for Ethiopia. Subject to

New App, Weleta, Unlocks Digital Signatures for Ethiopians

Emerging local startup, Viditure Technology Solution, has unveiled Weleta, an innovative digital signature application that transforms the conventional process of