Team Shega

$50 Million AU Initiative Seeks to Strengthen Evidence-Based Policymaking Across Africa

The African Union Commission, with $50M in support from the World Bank, has launched the Africa Think Tank Platform. Grants of up to $10M will support cross-border consortia in key policy area.

Ethiopia to Issue 117B Birr in T-Bills in Q3 Amid Market-Based Reform Push

Ethiopia’s Finance Ministry has published its first-ever T-bill issuance calendar with plans to raise 116 billion Birr between July and September through short-term debt instruments.

Ethiopia Finally Approves Long-Awaited Startup Law

After five years of revisions and cross-ministry debates, Ethiopia has ratified its first Startup Proclamation, bringing long-awaited legal clarity, financing pathways, and innovation incentives.

Ethiopia Doubles Down on AI With 42% Budget Boost to Government Institute

Ethiopia’s latest federal budget allocates 1.13 billion Birr to the Ethiopian Artificial Intelligence Institute a 42% increase from the last fiscal year, signaling increased focus for the technology.

Ethiopia Partners with Nigerian Billionaire Dangote on Fertilizer Plant, Prime Minister Says

Ethiopia to build a fertilizer plant in partnership with Nigerian billionaire Aliko Dangote, PM Abiy announces. The project is set to be completed in a little over three years.

Ethiopia's Central Bank Ends Mandatory T-Bond Purchases

After 3 years, mandatory T-bond buys by commercial banks end. NBE's monetary policy committee says improved revenue & loans will finance the deficit. Credit cap at 18% remains for now.