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Monetary Policy Committee Identifies Cash Crunch in Ethiopian Commercial Banks

The Monetary Policy Committee under the National Bank of Ethiopia (NBE) identified pinching liquidity hurdles with high levels of loan-to-deposit ratios prevalent across some banks.

Can AI Unlock Fresh Gears for Ethiopia’s EdTech Sector

Gains in the use of AI remain hypothetical without addressing foundational gaps in electricity, connectivity, and most critically, teachers who feel empowered, not threatened, by the AI boom.

UK Car Rental Firm Enters Ethiopia, Targeting International Visitors

Through the franchise agreement, visitors can book hotels, make reservations and find rental cars in a single portal.

Ethiopian Entrepreneurs Leverage Herbal Heritages in Emerging Retail Sector

With the rapid rise of social media marketing, Ethiopia's rich tradition of using folk medicine continues to thrive in modern times.

Ethiopia’s 7-Month-Old Rising Star, Better Auth, Joins Y Combinator, Secures $500,000

Better Auth is developed by Bereket Engida and Kinfemichael Tariku, a duo in their early 20s who swapped college classrooms for coding.

Ethiopia’s Sovereign Wealth Fund Scraps Dodai MoU, Eyes Venture Capital Fund

Ethiopian Investment Holdings (EIH) has terminated its Memorandum of Understanding (MoU) with Ababa-based electric vehicle (EV) startup Dodai Inc. five months after it was signed.