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Ethiopia’s Banks Report Rising Forex Allocation in Post-Reform Upswing

A wave of announcements by Ethiopia's commercial banks last week outlines a surge in foreign currency allocation to customers as financial sector navigates new rules.

CBE Logs 7.7 trillion Birr in Digital Transactions Over Eight Months

CBE has reported that the value of its digital transactions in the past eight months has soared past 7.7 trillion birr. A figure higher than total banking sector's digital transactions two years ago.

Lessons for Ethiopia’s Digital Lending Sector from Kenya’s BNPL Collapse

Lipa Later, a BNPL startup from Kenya recently entered into administration after raising millions in funding. Its story serves as a cautionary tale for Ethiopia’s emerging digital lending industry.

This Ethiopian Dating App Allows Users to Livestream Content Amid Romantic Pursuits

Habtok, a new Ethiopian dating platform, blends social media and dating services, allowing users to live stream content, make calls, and receive gifts.

Ethiopia’s Bold Plastic Crackdown Sweeps Producers into Cleaning Duty

A draft bill currently making its rounds in Ethiopia’s parliament requires plastic producers to cover the cost of collecting, reusing, and recycling their products post-consumption.

Catering Services Thrive on Social Media, but Are They Reliable?

With evolving cultural winds and a new generation embracing a modern lifestyle, catering services have become one of the most preferred ways to host an event.