Ethiopia Proposes $150 Million Entry Fee for M-Pesa, Other Foreign Mobile Money Operators

A draft directive aimed at opening up Ethiopia’s mobile money market for foreign operators proposes a license fee of $150

Ethiopia’s Feres Quietly Expands in East Africa, Takes on Bolt, Uber, Safe Boda

Feres, one of Ethiopia’s biggest and most successful ride-hailing companies, has quietly expanded its operations in East Africa, where it’s

Issue 71: Raising the Bar

Dear readers, Welcome to our latest newsletter, where we bring you the latest news and updates from Ethiopia’s innovative ecosystem.

Expanding Ethiopia’s Agent Networks Through Innovative Digital Solutions

By Yaa Asamoah Boateng Agent networks play a critical role in the uptake of digital financial services. They make financial

AU Summit Triggers Motorcycle Ban in Addis Ababa, Disrupting Delivery Businesses

The city of Addis Ababa has temporarily prohibited the use of motorcycles due to the upcoming 36th African Union summit,

Renew Capital Gets Funding to Expand Blended Finance Across East Africa

Renew Capital, an Africa-focused impact investment firm, has announced a seven-year partnership with funding from the Canadian government to expand