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Ethiopia’s Central Bank Waives National ID Requirement for Diaspora for Two Years

Back in November, NBE mandated that all citizens must register for a national digital ID “Fayda", to open a bank account before a series of deadlines.

Redesigning Payment Confirmation for Ethiopia's Unique Needs

The ease, convenience, and speed with which transactions are confirmed play a major role in driving the adoption of digital financial services in Ethiopia.

Ethiopia’s Freight Transporters Debut Platform Bidding to Digitize Logistics Network

The platform directly connects importers with transporters, bypassing the traditional broker-mediated system.

Extreme Poverty Levels are Rising in Africa: UN Report

The UN's World Economic Situation and Prospects 2025 outlines lingering debt sustainability risks, balance of payments constraints, and a shrinking fiscal space across Africa.

Safaricom’s M-Pesa Partners with Dashen Bank, CashGo for Remittance Services

Dashen and M-Pesa are offering a 10% additional markup on average exchange buying rates for a limited time to entice new customers.

Cross-Border African Startup Dizzitup Eyes Ethiopian Market

Dizzit has raised around $600K in a single round of pre-seed funding and targets raising around $5 million in second-round funding in July.