News

Ethiopia's Ministerial Council Approves Digital 2030 Strategy

Ethiopia’s Council of Ministers has approved the Digital Ethiopia 2030 strategy, rolling out a new multi-year roadmap aimed at accelerating the country’s digital transformation.

French Yeast Giant’s Ethiopian Subsidiary Launches App for Bakers

The Ethiopian subsidiary of Lesaffre, has launched Lesaffre & Me, a mobile app with AI-powered baking support, recipes, and product info for local bakeries.

Arifpay Launches MFI Switch and Wallet as Sector Pushes Toward Digital Services

The tools connect MFIs to the national payment system and allow clients to manage loans and savings digitally.

New EthSwitch-Mastercard Partnership Lets Ethiopian Banks Issue Cards Usable Worldwide

EthSwitch, Ethiopia's national switch operator, partners with Mastercard, letting local banks issue prepaid cards accepted worldwide & enabling businesses to accept international payments.

Berhan Bank, SantimPay Sign Deal to Deploy PoS Devices Across Ethiopia

SantimPay and Berhan Bank have partnered to deploy low-cost POS devices nationwide.

AECF Launches REACT 2.0 to Fund Ethiopian Renewable Energy Productive-Use Technologies

REACT 2.0 opens applications for Ethiopian firms working on PUE tech like irrigation, cooling, solar energy, and milling. Up to $400k grants available via milestone-based funding.

Ethiopia Plans $520 Million in FX Auctions Until March

Ethiopia’s central bank to inject $520M into FX market through Dec–Mar auctions as birr shows measured depreciation

Ethio Telecom, Awash Bank Introduce New Financial Service Suite Including Salary Loans Up to 1M Bir

Ethio Telecom and Awash Bank launch Tilla, a new micro-credit and savings service on Telebirr. Loans range from 15-day micro credit to salary loans up to 1M Birr.