Wegagen Capital Goes into Business as Ethiopia’s First Investment Bank

Wegagen Capital Investment Bank S.C. announced the launch of operations last night at the Hilton Addis two months after securing its investment banking license.

UN Project to Bet on Ethiopia’s Emerging Tech Prospects as Crypto miners Seek Predictable Policy

As Ethiopia increasingly becomes a haven for crypto mining the UN’s NTF V project is expanding its focus to include AI, blockchain, and Web3, aiming to engage policy makers and the private sector.

How Tria Trading is Quietly Powering Addis Ababa’s Smart City Transformation

Tria Trading, founded by three US-educated Ethiopian computer scientists, is quietly powering Addis Ababa's transition to a smart city. From schools to health, it has provided a suite of tech-tools.

Bill Gates Pledges to Give Away Wealth Over 20 Years, mostly for Africa

In a keynote at the African Union in Addis Ababa, Bill Gates reflected on 25 years of philanthropic work and announced a $200 billion commitment over the next 20 years.

AfroMessage Is Rising as Ethiopia’s SMS Powerhouse

In just 2 years, Ethiopia's AfroMessage has sent over 175M SMS, serving 300+ businesses. Now fully integrated with Ethio telecom and Safaricom, it’s providing a reliable messaging infrastructure.

Ethiopian Startup Launches Power Bank Rental Service

MyCharge, a local tech company just four months old, has launched a unique power bank rental service. Starting with over 60 locations, the company plans to expand to 150 stations by year's end.