Shega Weekly

Issue 55: EagleLion to Launch a Platform for Trading Gemstones 

A new app that aims to serve as a platform to connect local gemstone companies to the international market is

Issue 54: Sports Betting Earns National Lottery 181 Million Birr

Hello The National Lottery Administration is ripping its commissions from sports betting. Meanwhile, Ride’s CEO, Samrawit, is venturing into streaming

Safaricom Gets Approval to Launch M-Pesa in Ethiopia

Hello, Last week, Ethiopia officially welcomed a second telecom operator with a grand event. During the ceremony, Amed Shidie, Minister

Issue 52: Ethio Telecom Eyes Streaming Service

Hello, The state-owned telecom operator is targeting streaming service as one of its next ventures. Meanwhile, a new startup is launching

Issue 51: NBE Proposes Fintechs Pay License Fee Regularly 

Hello This week’s edition of Shega Weekly brings you exciting startups working in edtech and ecommerce. In addition, the newsletter

Issue 50: IFC Set to Invest $160M in Safaricom Ethiopia

Hello IFC is set to invest in Safaricom Ethiopia, Ethio telecom is implementing a new strategy eyeing digital solutions and

Issue 49: Telebirr Transacts 2.2bn Br Bulk Payment, Including Salary Payouts

Last week, Safaricom broke ground, marking a historic milestone for Ethiopia where the monopoly of a state-owned enterprise held in

Issue 48: New Fintech Startup Yagout to Make Debut

New fintech startup Yagout Pay Financial Technology is at the doors of the Ethiopian digital payment landscape with an initial