Must Read

European Investors Voice Concerns Over Birr Crunch

As Ethiopia's FX reserves signal an increase following a transition to a market based exchange regime policy, investors are struggling to source local currency.

Hidden Horror: How Ethiopia’s Digital Underground Revenge Porn Industry Preys on Young Women

A six-month-long investigation by Shega has uncovered over a dozen Telegram channels profiting from leaked images and videos of Ethiopian women.

Call for Entries: The Earthshot Prize 2025 – Seeking Groundbreaking Solutions to Restore Our Planet

The Earthshot Prize (TEP) is officially open for entries for its 2025 cohort and MultiChoice is proud to once again be an official Africa nominator for TEP.

Side Hustles Take Root Across Ethiopian Universities

Many university students in lecture halls, dorm rooms, and libraries aren’t just immersed in textbooks—they’re also trying to find extra work.

Desperate Times See Addis Ababa’s Residents Move into Semi-Finished Condominiums

At first, most homeowners were just looking for someone to occupy the apartments. However, persistent demand for the semi-finished condominiums has pushed rent prices up.

Ethiopia's Gig Economy Takes Center Stage at Africa Celebrates 2024 Event

During a panel discussion at the event, it was stated that regulatory sandboxes should be designed to help gig platforms thrive.

EthSwitch Sees P2P Transactions Overtake ATMs in Value

Although ATM transactions maintained a higher volume at 94.5 million, their total value reached 123.2 billion birr, trailing behind P2P transfers.

Hong Kong-Based West Data Group Breaks Ground on 20MW Bitcoin Mining Facility in Ethiopia

Ethiopian Electric Power recently revealed earnings of nearly $55 million from electricity sales to data miners in less than a year.