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FinTech News

Seqela Launches Digital Equb Platform in Tigray, Introduces In-Kind Equb Payouts

Seqela, a digital peer-to-peer saving platform, has launched its service in Tigray. Founded by Samrawit Gebre-Egziabher, Seqela’s equb platform introduces

FinTech News

New Guarantee Helps Coop Unlock Billions in Collateral-Free Loans for MSMEs

After securing a half-billion-birr (10 million dollars) portfolio guarantee from FMO, the Dutch Entrepreneurial Development Bank, the Cooperative Bank of

HealthTech News

YeneHealth, Vision Fund Partner to Offer Embedded Healthcare Financing

YeneHealth, a local startup focused on women’s health, has partnered with VisionFund Microfinance to integrate digital lending products into its

Ethiopia News
Must Read News

Ethiopia Builds First Algae Production Center for 8.2 Million Birr

Culminating a three-year development effort, the Ethiopian Bio and Emerging Technology Institute in collaboration with the Ministry of Innovation and

Must Read News

Research Finds 91% of Internet Users in Addis Ababa Spend More Than One Hour a Day Online

New research conducted by the Center for Rights and Democracy (CARD), a local nonprofit organization, has found that 91 percent

FinTech News

My Ekub Expands Service to Include Public Equbs

Sevenfold Trading, one of the local startups digitizing traditional peer-to-peer saving groups with its app My Ekub, is expanding its

Africa 118
Funding News

Africa 118 Lands GSMA Innovation Fund for Third Time

Africa 118, a digital marketing and information service provider headquartered in Ethiopia, has secured funding from the GSMA Innovation Fund

Ecommerce News

Second Batch of Ecommerce Startups Join Venture Meda Acceleration Program

Venture Meda, a local support program for high-growth e-commerce businesses, has selected seven startups for its second cohort. Launched by

Dashen Kefita Entrepreneurship Contest 2024
News Opportunity

WeVenture Partners with Dashen for 3rd Kefita Entrepreneurship Contest

WeVenture, a newly established local venture capital-backed incubator, has partnered with Dashen Bank for the third edition of the Dashen

TotalEnergies charging station in Addis Ababa
Electric Vehicles (EVs) News

TotalEnergies Flips the Switch on First EV Charging Station in Addis Ababa

Witnessing the growing number of electric vehicles (EVs), TotalEnergies Ethiopia is integrating electric charging points at its gas stations. The