Ethiopia has launched EthioPay, a new instant payment system that enables same-day interbank settlement ushering in the capacity to handle several thousand transactions in seconds.

ArifPay acquires a majority stake in Ethiopia’s first digital tipping platform, Jami, for 16M Birr. Founder Nathan Damtew remains CEO as the platform gears up for growth.

In a city where many e-commerce startups have struggled to survive, a TikTok creator is testing a new model. Ananas blends product reviews, social media demand, and in-house delivery in Addis.

Dashen Bank has waived interest penalties for Telebirr microcredit borrowers who repay their original loans by Dec. 26, offering a brief holiday reprieve amid warnings of possible legal action.

Beneath Sidama’s fertile hills, a quiet crisis is unfolding. Soil acidity is eroding yields. A new pilot fertilizer hopes to reverse the damage.

Ethiopia shuts down its entire betting industry two weeks after revoking 22 licenses, the Lottery Service ordered banks & payment operators to halt all betting transactions amid investigations.