Munir Shemsu

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.

Currency Devaluation, Customer Rage, Layoffs: is DSTV Having a Rough Ride in Ethiopia?

A left-out Champions League broadcast became the breaking point for many Ethiopian DSTV subscribers, triggering backlash over rising costs, content limitations, and unanswered service complaints.

Ethio Telecom’s IPO Left Hanging with Just 10.7% of Shares Sold

Six months after launching Ethiopia’s first IPO, Ethio Telecom sold just over 10.7 million of its 100 million shares, raising 3.2 billion birr from over 47,377 investors.