Team Shega

Ethiopia’s Sovereign Wealth Fund Scraps Dodai MoU, Eyes Venture Capital Fund

Ethiopian Investment Holdings (EIH) has terminated its Memorandum of Understanding (MoU) with Ababa-based electric vehicle (EV) startup Dodai Inc. five months after it was signed.

FSD Ethiopia Backs Five Local Financial Inclusion Projects with $1.24M in Grants

The investment brings together a diverse range of organizations, from startups to state-owned enterprises, while addressing various challenges and opportunities

One Million Ethiopian Farmers Poised for Digital Financial Services with IFC, Kifiya Partnership

The initiative is supported by the Gates Foundation and aligns with the Ethiopian government's Digital Agriculture Roadmap.

Ethiopia’s Health Ministry Onboards DFS Players on Digital Health Ambition

The agreements involve launching digital payment capabilities across all public hospitals and, eventually, health service centers.

“Carrier and Cloud Neutral”: Raxio Ethiopia Eyes Setting Data Center Industry Standards: Exclusive Interview

Raxio Ethiopia, provides data center services from a tier III facility located in the outskirts of Addis Ababa. From startups to corporate clients, scalability is a defining principle.

Ethio Telecom Reports Revenue Climb to 61 Billion Birr Amid Extended IPO

Refraining from disclosing exact expenditure, the CEO revealed that nearly 235 million dollars in investments had been mobilized and deployed by mid-year.