Munir Shemsu

A Halal Path to Ethiopia's Financial Inclusion

Sharia-compliant digital financial services in Ethiopia are at a crossroads: growing demand, limited offerings. Devoid of regulatory support and innovation DFS inclusion for millions remains at risk.

Debt Repayments Outpace Capital Spending in Ethiopia’s 1.93 Trillion Birr Budget

Ethiopia's draft budget for the upcoming fiscal year reaches a historic 1.93 trillion Birr, a 34.4% increase. But the burden of debt looms large, with 463 billion Birr earmarked for debt servicing.

Japan-Backed Startup Project Eyes Enhanced Ecosystem in Ethiopia, Kenya, and Tanzania

Ethiopia is partnering with Japan’s JICA to develop a National Startup Master Plan and drive ecosystem growth through a 3-year initiative. Tanzania and Kenya also included in the regional project.

Ethio Telecom Enters E-Commerce with Zemen Gebeya

Ethio telecom is making a push into Ethiopia’s e-commerce space with the launch of Zemen Gebeya, a full-fledged digital marketplace integrated into the telebirr SuperApp.

M-Pesa Eyes Fuel Payment Market Share in Ethiopia, Pumps into National Fuel Aggregator

M-Pesa has become the first mobile money service to integrate into the national fuel aggregator launched last month. Game on for Telebirr which has dominated digital fuel payments for two years.

Ethiopian Software Company Bets On Rent-to-Use SaaS Model with Monthly Subscriptions Starting at 5,000 ETB

Can you rent software in Ethiopia? Yonet Systems, a local startup believes so as it looks to introduce a SaaS model starting at just 5,000 birr/month, built for Ethiopian SMEs.