Must Read

NBE Announces Crackdown on Illicit Currency Flows After Major FX Auction

Governor Mamo Mihertu announced enhanced crackdown on illicit foreign currency flows a day after major FX auction by the National Bank of Ethiopia.

Ethiopian Youth Ride TikTok’s Reach to Turn Crochet Skills into Earnings

From living room doilies to TikTok-driven fashion brands crochet in Ethiopia is making a comeback. Young entrepreneurs are turning childhood skills into thriving online businesses.

NBE Kicks Off Fiscal Year with Biggest FX Splash

Ethiopia’s central bank is doubling down on its FX auctions, literally. The NBE will offer $150m at tomorrow’s sale, more than twice previous amounts.

Creative Hub Reopens Its Doors at Century-Old Post Office Building in Addis Ababa

A century-old post office in Addis Ababa has been reborn as a hub for innovation, design, and entrepreneurship. Creative Hub Ethiopia is open again.

Prosecutors Drop All Charges Against Websprix CEO Dawit Birhanu

After 7 months in detention, WebSprix CEO Dawit Birhanu has been released. Prosecutors dropped all charges, which stemmed from a disputed audit alleging unpaid taxes.

Premier Switch Solutions Secures Visa AVP Status, Unlocks International Markets

Premier Switch Solutions (PSS) has joined the Visa Approved Vendor Program, becoming only the fourth company in East Africa to achieve this global certification.

How Local Apps Are Guiding Students Through Ethiopia’s Education Reform

As Ethiopia’s universities tighten admissions, students are turning to EdTech apps developed by recent grads to get in the door. This just might be bottom-up innovation at its most relevant.

It’s Not Just Rates, It’s Roots: Inside the Psychology of Ethiopian Diaspora Remittances

Formal doesn’t always mean safe especially for Ethiopians who migrated under pressure, without documents, or with stories of institutions that failed them. Trust and kinship usually trump formality.