Ethiopia Opens Financial Sector to Foreign Banks

Some members of parliament have raised concerns over the feasibility of opening the banking sector to foreign banks amid prevailing constraints.

Affordable Food Brand in Addis Ababa, Tapu, Joins beU

Tapu sells somewhere between 700 and 1,000 lunch boxes daily.

190M Br Solar Power Mini-Grid Project Electrifies Oromia

With access to the national grid remaining at nearly 50% across Ethiopia, off-grid solutions are increasingly recommended by energy experts as a viable alternative.

Ethiopian Investors in Pharmaceutical, Real Estate, Manufacturing Demand Exemptions from Pending Property Tax

The highest property tax rates will be placed on owners who have failed to develop their land despite an extended period with rights to it.

Ethiopia’s Startups to Receive $750,000 in Grants at Landmark GRV Summit

The fund, raised through contributions from Ethiopian diaspora communities worldwide, will be distributed to over a dozen startups.

Arifpay Introduces Suite of Solutions

The lineup includes three key tools: Arif QR, the Arif Merchant App, and the Arif Terminal Management System (TMS).

Ethiopia’s Manufacturing Sector Finds Solutions in Locally Assembled CNC Machines

Enterprises engaged in metal and woodwork businesses need CNC machines to place designs on their products.

Regulatory Hurdles Propel Ethiopian Fintech Startup to Neighboring Markets

The digital credit scene does not have a regulation governing the landscape, and current fintech players like Kifiya and even the likes of telebirr have to partner with banks to provide the service.