Must Read

Can Foreign Banks Raise the Bar in Ethiopia's Digital Finance?

Foreign banks entering Ethiopia have the opportunity to leapfrog outdated metrics like branch counts or ATM networks and instead compete through superior digital financial services.

Bridging Education Access Gaps, One Device at a Time: The Story of Qalam Educational Platform

Born from personal experience, Abdifatah Dayib's Qalam platform bridges education gaps with a "hardware first" approach. It's bringing digital learning to remote areas without internet or electricity.

Five Ethiopian Insurers Unite under Pula to Protect 10 million Farmers

A new consortium (AICE) is launching to provide insurance for 10M Ethiopian small holder farmers with affordable tech-driven coverage. Kenya based insure-tech Pula is leading the charge.

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.

Siinqee Bank Sees 897% Growth in Deposits, Surpassing 100 Billion Birr in Three Years

In just three years, Siinqee Bank has grown total deposits by 897%, reaching 102.5 billion Birr while surpassing the central banks paid capital requirement well ahead of schedule.

Ethiopian STEM Franchise of US-Based Educator Reaches 4,000 Students in Addis Ababa

An Ethiopian franchise of a private US- based private education enterprise, has trained over 4,000 students in robotics, coding & AI. Two years in, the enterprise looks to branch out of Addis Ababa.

Safaricom Averages 30K New Customers Daily in Ethiopia

Safaricom Ethiopia invested roughly 300 billion Birr over four years on its way to 10 million 90-day active subscribers cementing itself as formidable competitive player in Ethiopia's telecom duopoly.

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.