Category: Business

Business

Kacha Digital Financial Services S.C Partners with Banks to Launch Non-Collateral Digital Lending Services

Addis Ababa, Ethiopia – August 26, 2023 Kacha Digital Financial Services S.C, a trailblazer in the digital financial service, has solidified its collaboration with multiple banks through an informative digital lending service workshop and formal agreement signing ceremony. On Saturday, August 26, 2023, Kacha Digital Financial Services S.C hosted an impactful workshop on digital lending.

August 26, 2023 By Addis Insight
Business

Making Sense of Ethiopia Admission to ‘BRICS plus’

  By Eyob AsfawOn 24 August 2023, the news of Ethiopia, along with Argentina, Egypt, UAE, KSA and  Iran ,  admitting to  the ‘BRICS plus’ went viral as of 24 August 2023.   To our dismay, the news is overshadowed by the ongoing security crackdown in the Amhara region and politicians from any sides unable

August 25, 2023 By Addis Insight
Business

Kacha Digital Financial Service S.C Receives Approval from National Bank of Ethiopia to Commence Commercial Operations

Addis Ababa, August 12, 2023Q Kacha Digital Financial Service S.C., the pioneer private payment instrument issuer, proudly announces its official approval from the National Bank of Ethiopia (NBE) to launch full-scale commercial operations. This historic milestone solidifies Kacha’s position as the first privately licensed payment instrument issuer in the country. Having secured its piloting license

August 12, 2023 By Addis Insight
Business

Ethiopian Airlines to Resume Domestic Flights to Bahir Dar and Gondar

Ethiopian Airlines announced today that it will resume its temporarily suspended domestic regular flights to Bahir Dar, the capital of Amhara regional state, and to the historic city of Gondar, as of tomorrow, August 10. The airline also said it will resume accommodating customers at its ticket sales offices. The decision to resume flights comes

August 9, 2023 By Addis Insight
Business

Ethiopian Airlines to Take Delivery of 8 New Aircraft

Ethiopian Airlines has announced that it will take delivery of 8 new aircraft in a few months. The aircraft are part of a larger order of 26 new planes that the airline is negotiating to purchase. The CEO of Ethiopian Airlines Group, Mr. Mesen, said that the airline is also in talks with Boeing and

August 7, 2023 By Addis Insight
Business

Introducing TECNO’s New CAMON 20:Where Style Meets Innovation

In today’s fast-paced world, staying connected and having a smartphone that not only caters to your technological needs but also complements your personal style has become paramount. Look no further than the stunning TECNO CAMON 20 series – an exceptional blend of cutting-edge technology and fashionable design that has set a new benchmark in the

August 7, 2023 By Addis Insight
Business

Regus Launches offeNew Flexible Workspace Solution for Entrepreneurs and Businesses

Addis Ababa, Ethiopia – August 03, 2023– Regus, the world’s leading provider of flexible workspace solutions, is thrilled to announce the launch of its new workspace solution designed specifically for entrepreneurs and businesses. This innovative solution aims to provide flexible and convenient working spaces, enabling businesses and entrepreneurs to work in a professional environment without

August 3, 2023 By Addis Insight
Business

Federal High Court Lifts Ban on 21 EFFORT-Managed Organizations

The Federal High Court has lifted the ban on 21 organizations under the Tigray Rehabilitation Endowment Fund (EFFORT). The court also ordered that the responsibility of Commercial Nominees Limited Liability Company, which has been temporarily managing the companies, be revoked. The decision was made on July 28, 2023, at a hearing held by the 1st

August 1, 2023 By Addis Insight
Business

ICJ and Kazana Group Launch 3rd Round of Open Pitch Competition for Ethiopian Startups

Inclusion Japan (ICJ), a Tokyo-based venture capital firm, and Kazana Group, an Ethiopian-based holding company, have announced the launch of their third round of open pitch competition for startups in Ethiopia. The competition, which will be hosted at the ALX Tech Hub on August 15, 2023, provides local entrepreneurs with a chance to secure funding

August 1, 2023 By Addis Insight