Must Read

How Ethiopia Can Weaponize AI Against Financial Exclusion

Ethiopia does not necessarily have an insurmountable shortage in data sets, but rather faces challenges around data quality. AI can be a game changer in Ethiopia's DFS story.

Wegagen Bank Reports Record Profits but Faces Shareholder Scrutiny Over All-Male Board

Wegagen Bank posts a 73% profit surge to 3.85B birr, surpasses NBE’s paid capital target ahead of schedule. Shareholders call for gender diversity on its all-male board.

Behind Viral TikTok Song Birabiro Is an Ethiopian AI-Powered Children’s Learning App

Birabiro, a 60-second AI song about a caterpillar just went viral in Ethiopia, 4.3M views, 53K dubs. But it’s not just a TikTok trend. It’s part of Aynu Kids, an edtech app using AI to teach children.

An Ethiopian Engineer Finds Value in What the Butcher Leaves Behind

Every holiday season, thousands of animals are slaughtered across Ethiopia and tons of blood are washed away. One engineer is collecting and turning this slaughterhouse blood into organic feed.

Ethio Telecom vs Safaricom Ethiopia: World Bank Sounds Alarm Over Lack of Fair Play

Ethiopia’s telecom boom faces a reality check: A new World Bank report warns Ethio Telecom’s dominance could stall progress unless regulators act fast.

Ethiopia’s Supreme Court to Require Digital Filing of Key Legal Documents

Ethiopia’s Supreme Court is set to begin requiring digital copies of appeals, motions, and statements of defense starting tomorrow.

Ethiopia Licenses New Capital Market Firms, but Trading Still Lags

Ethiopia’s capital market adds 3 new players, including its first private limited investment bank. Market activity, however, remains subdued.

Ethiopia Loosens Its Grip on Lending, but Warily

More credit, but not too much. Ethiopia’s MPC raises the lending cap by six percentage points while holding the policy rate at 15%.