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Ethiopia’s Central Bank Pulls Back Fees From FX Spreads Sparking Industry Wide Trims on ‘Posted’ Rates

Following the transition towards a market-based foreign exchange regime in the final days of July, the ballooning spread at most banks had become a source of concern for many industry onlookers.

Hunting the Hamster: Ethiopia's Youth Tap Out on Crypto

Exploration of the Hamster Kombat craze that swept through Ethiopia, only to culminate in disappointment.

Aspirational Hazards: EdTech Digital Divide

An ecosystem study by Reach for Change of EdTech companies in Ethiopia found that 75% of EdTech startups are located in Addis Ababa, with a gender digital divide of 80% male to 20% female.

Historic Milestone Sees Ethio Telecom Unveil 100 Million Shares

In a historic milestone for Ethiopia's capital market, Ethio Telecom has launched the country's first initial public offering (IPO), unveiling 100 million shares to the public.

How Maleda Craft is Weaving Trash Into Fashion

Maleda Craft is recycling its way into fashion by turning plastic waste into vibrant handmade bags, shoes, and rugs.

SantimPay Launches Fundraising platform

The company currently handles around half a million transactions daily, amounting to 110 million birr.