Shega Brief – April And May

 

TECNO Mobile Wants to Make Ethiopia A Mobile Hub For Africa

Capital’s Newspaper had a interesting talk with Henry Yu, Genral Manager of Transsion Manufacturing PLC, Tecno mobile manufacturer. Henry Yu says, “We have a long-term plan for our development in Ethiopia, which would make Ethiopia a mobile hub of Africa in a couple of years. Our company built its ICT Park mega factory in consideration of that plan. Read the full interview here.

 

54 Capital Partners with MiNT

54 Capital Group, the African-focused asset management company,which has invested in 5 companies in Ethiopia, has donated six million birr to facilitate innovation and technology startups and development. Read more here.

Gebeya Announces First Class of Blockchain Academy Graduates

Gebeya in partnership with Stellar.org provided a maiden training program. A fellowship of 11 current and former Gebeya graduates have now acquired the necessary skills to kick-start Africa’s advancement into the blockchain technology scene. Read more here.

The New Electronic Transaction Proclamation

A public discussion has been held on the draft proclamation for electronic Transaction at Ministry of Innovation and Technology. Governmental representatives from MinT, NBE, MoTI,INSA and private Banks, FinTech startups, eComm Startups has participated were part of it. You can find the draft proclamation here.

Awtar Music App: The Spotify of Ethiopian music Is Launched

Awtar Multimedia in partnership with Ethio Telecom, launch a Spotify-like music streaming app for Android phone users in Ethiopia. Users can purchase songs and albums for 4.50 birr ($0.16) and 15 birr ($0.52), respectively. Read more here.

Ethiopia Innovate Week

Bringing together ICT Expo with startup Ethiopia, Innovation Africa Digital Summit (IAD), STEM Award, and Paperless day initiative, Ethiopia Innovate week is taking place from June 6 until June 12 , 2019. Read more here

BlueMoon Incubatees Dominated Total Startup Challenge 2019

After months of process, the winners of Total startup Challenge 2019 has been announced. It turns out that three of of the winners are being incubated and supported by blueMoon. The winners are Egzieryalew Ayele from Green Bean (Manufactures coffee drying machine), Anasimos Gelan from GreenKetema Landscaping (provides an integrated landscaping service) and Selam Wondim from Grohydro Manufacturing (produces hydroponic-growing system).

Gebeya: Ethiopian Startup Expands to Francophone Africa via Senegal

Ethiopian Edutech startup Gebeya announced it’s expansion plan to Senegal as it continues to strive to achieve it’s PanAfrican vision. Read the details here.

Cardano Founder Talks About State-Backed Cryptocurrency For Ethiopia