Business

Startup of the Year Kubik Raises $3.34M Seed to Scale Sustainable Building Tech in First Market

Circular economy and climate tech startup, Kubik, brings multinational investors on its journey to build a livable world for all. Addis Ababa, Ethiopia – June 23, 2023 – Kubik, a pioneering startup specializing in the transformation of hard-to-recycle plastic waste into affordable, low-carbon building materials, announced today the successful completion of the initial milestone in

June 24, 2023 • By Addis Insight

Business

Visa Launches New Initiatives to Support Fintech Start-ups and Women Entrepreneurs in Ethiopia

Regional President for Central and Eastern Europe, Middle East and Africa Andrew Torre emphasizes Visa’s commitment to expanding digital payments in Ethiopia by working closely with government, the financial ecosystem and SMBs Addis Ababa, Ethiopia – June 19, 2023 – Visa (NYSE: V) has reinforced its commitment to expanding digital payments in Ethiopia by announcing

June 20, 2023 • By Addis Insight

Business

Bridging the Gap: Google Bard Extends Its Reach to Ethiopia, Outshining ChatGPT

Google’s Bard AI is now available in Ethiopia without a VPN By: Yinebeb Bahru  Google Bard is Google’s new chatbot AI that uses its LaMDA (Language Model for Dialogue Applications) technology. It works like other AI chatbots such as Open AI’s ChatGPT and Microsoft’s the New Bing AI chatbot. But it has an edge: it

May 12, 2023 • By Addis Insight

Business

Google releases offline Amharic language package

By: Yinebeb Bahru In Today’s digitalized world, it is easy to translate between two languages thanks to the internet. However, this is not the case for people living in areas with costly and poor internet connectivity, such as Ethiopia. In January 2021, only 20% of Ethiopians had internet access. Most of those who did had

April 29, 2023 • By Addis Insight

Business

International Sanction on Ethiopia is Good for the Poor

Yonas Biru, PhD As someone who has written several articles promoting international sanctions against the Abiy government, I feel obliged to clarify misunderstandings and misconceptions that people have about the topic. Let me start with some disclaimers and background information to give readers context. First, the sanction I am championing does not include humanitarian aid.

April 17, 2023 • By Addis Insight

Business

Mastercard and EthSwitch partner to drive the digital transformation of the payments sector in Ethiopia

APRIL 5, 2023 | ADDIS ABABA, ETHIOPIA Dimitrios Dosis, President for Eastern Europe, Middle East and Africa at Mastercard and Yilebes Addis, Chief Executive Officer at EthSwitch during the signing ceremony in Addis Ababa, Ethiopia. Addis Ababa, Ethiopia, 05 April 2023 – EthSwitch, Ethiopia’s national payment switch has signed a Memorandum of Understanding (MoU) with Mastercard

April 6, 2023 • By Addis Insight

Business

Arifpay and EthSwitch integration paves the way for financial inclusion in the country

Arifpay, a leading Payment System Operator (PSO) in Ethiopia, has announced its integration with EthSwitch, the National Payment Switch of Ethiopia, in a move that marks a major milestone in the country’s payment industry. This partnership is set to bring numerous benefits to customers, merchants, and banks, and will drive financial inclusion and optimize payment

April 6, 2023 • By Addis Insight

Business

Anna Digital Health Solutions Launches Tena City App to Help Manage Diabetes

Anna Digital Health Solutions, a digital health company founded in 2021, has launched a mobile application aimed at helping diabetics in Ethiopia better manage their blood glucose levels. The app, called Tena City, is now available on the Play Store and offers a range of features to help people living with diabetes take control of

April 5, 2023 • By Addis Insight

Business

Equity and leadership-centered startups and what it looks like for women in tech in Ethiopia

By- Semaria Kebede The Rise of Equity and Leadership in Ethiopia Ethiopia is a country that has seen significant growth in the technology sector in recent years. Startups are a unique kind of business, known for being innovative, agile, and disruptive in their respective industries. However, what sets them apart is their leadership and equity

March 30, 2023 • By Addis Insight

Business

Meet Sheger AI democratizing AI service in Ethiopia

By Helina Bezabih Open AI is a research organization that focuses on developing advanced artificial intelligence technologies and making them accessible to the public. One of the latest developments of Open AI that has caught the public by a storm within the past 4 months are their language models like Chat GPT-3.5 and Chat GPT-4

March 29, 2023 • By Addis Insight