How a TikTok Following Set the Stage for an E-Commerce Startup in Addis Ababa

In a city where many e-commerce startups have struggled to survive, a TikTok creator is testing a new model. Ananas blends product reviews, social media demand, and in-house delivery in Addis.

Dashen Bank Waives Penalties for Telebirr Borrowers Ahead of Christmas Deadline

Dashen Bank has waived interest penalties for Telebirr microcredit borrowers who repay their original loans by Dec. 26, offering a brief holiday reprieve amid warnings of possible legal action.

In Sidama, a Pilot Project Tries to Reverse a Growing Soil Crisis

Beneath Sidama’s fertile hills, a quiet crisis is unfolding. Soil acidity is eroding yields. A new pilot fertilizer hopes to reverse the damage.

Ethiopia Shuts Down Entire Betting Industry, Revokes All Licenses

Ethiopia shuts down its entire betting industry two weeks after revoking 22 licenses, the Lottery Service ordered banks & payment operators to halt all betting transactions amid investigations.

Sharia-Compliant ZamZam Bank Reports 940.8 Million Birr Net Profits

ZamZam Bank reports near-Birr 1 billion net profit for FY 2024/25, as total assets surge to 16.6B Birr and deposits climb to 11.6B Birr

From Campus Idea to Satellite TV: Ethiopia Gets Its First Home Shopping Channel

Ethiopia has its first home shopping channel. Built by five college friends, Merkato TV brings live retail to satellite television, complete with price verification from Addis markets