Wegagen Capital Goes into Business as Ethiopia’s First Investment Bank

Wegagen Capital Investment Bank S.C. announced the launch of operations last night at the Hilton Addis two months after securing its investment banking license.

UN Project to Bet on Ethiopia’s Emerging Tech Prospects as Crypto miners Seek Predictable Policy

As Ethiopia increasingly becomes a haven for crypto mining the UN’s NTF V project is expanding its focus to include AI, blockchain, and Web3, aiming to engage policy makers and the private sector.

How Tria Trading is Quietly Powering Addis Ababa’s Smart City Transformation

Tria Trading, founded by three US-educated Ethiopian computer scientists, is quietly powering Addis Ababa's transition to a smart city. From schools to health, it has provided a suite of tech-tools.

Bill Gates Pledges to Give Away Wealth Over 20 Years, mostly for Africa

In a keynote at the African Union in Addis Ababa, Bill Gates reflected on 25 years of philanthropic work and announced a $200 billion commitment over the next 20 years.

Ethiopian Startup Launches Power Bank Rental Service

MyCharge, a local tech company just four months old, has launched a unique power bank rental service. Starting with over 60 locations, the company plans to expand to 150 stations by year's end.

How Enqoy is Chipping Away at Urban Loneliness in Addis, One Meal at a Time

In a city growing faster than its social fabric can keep up, Enqoy offers a simple premise: strangers, one table, shared conversation. The Addis-based startup is using food to fight loneliness.

Dodai Launches Battery Swapping Pilot with E-Bike Donations to Addis Ababa Transport Bureau

The Addis Ababa based e-mobility startup Dodai has launched a battery swapping pilot, donating 40 electric bikes to the city and aiming to install several swap stations over the next six months.

Making Space for Fintech Innovation in Ethiopia

Digital lending, mobile money, and online banking need more than ideas, they need an ecosystem with regulatory support and capital access. Sandboxes offer a critical bridge.