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Funding News

Maleda Innovative Financing Unlocks 1 Million Birr in Collateral-Free Loans for Startups, SMEs

Maleda, a collaborative initiative between Sumuni Creative Solutions, Partnership for Change, and Amhara Bank, is aiming to support startups and

News

Safaricom, Sumitomo, JICA, MiNT Partner to Drive Ethiopia’s Digital Transformation

Ethiopia’s new telecom operator, Safaricom Ethiopia, global investment firm Sumitomo Corporation, and the Japan International Cooperation Agency (JICA) have joined

FinTech News

Nedaj Processes 2 Billion Br in Fuel Transactions

EagleLion System Technology, a local IT firm, has announced that its digital platform for fuel payment Nedaj has processed transactions

Must Read News Ride-Hailing

Ethiopian Government Exempts Ride-hailing Drivers from Paying TOT, VAT

Officials at the federal government have exempted ride-hailing drivers from paying turnover tax (TOT) and value-added tax (VAT). The decision

News

Digital IDs Poised to Become Primary Form of Identification in Ethiopia’s Financial Sector

The National Bank of Ethiopia and the National ID Program (NIDP) are planning to onboard all customers in the financial

Yared Endale Visa
FinTech News

Visa Appoints New Country Lead for Ethiopia

Visa, the global giant in digital payments, has appointed Yared Endale, as the new Country Lead for Ethiopia. Subject to

Weleta
News

New App, Weleta, Unlocks Digital Signatures for Ethiopians

Emerging local startup, Viditure Technology Solution, has unveiled Weleta, an innovative digital signature application that transforms the conventional process of

FinTech News

Mobile Money in Ethiopia Could Boost GDP by $5.3 Billion, Says GSMA Report

A newly released report by the GSMA has stated that Mobile money has the potential to contribute $5.3 billion to

Teacheru
EduTech Must Read News

Teacheru Leverages AI, Telegram to Bridge the Education Gap in Ethiopia

In an effort to assist Ethiopian high school students in exam preparation and bridge the educational gap, tech startup Botter

FinTech Must Read News

State-Owned Giants Collaborate to Offer Expanded Loan Products

The Commercial Bank of Ethiopia (CBE), the country’s largest commercial bank, has partnered with Ethio Telecom to introduce a new