Category: Business

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
Business

Meet the 11 Impactful Startups of Venture Meda Accelerator’s First Cohort, Empowering E-Commerce in Ethiopia!

Venture Meda, a collaborative effort between the Mastercard Foundation, Ministry of Innovation and Technology, and iceaddis, has launched its first cohort of eleven promising startups with the potential to build the e-commerce of tomorrow. The program aims to create sustainable jobs in Ethiopia by revamping support to MSMEs and focusing on high-yield sectors. The startups

March 21, 2023 By Addis Insight
Business

From Staple to Scarce: The Troubling Tale of Teff’s Shortage

The shortage of Teff in Addis Ababa has become a major concern for many Ethiopians. The cause of this shortage is the refusal of farmers from Gojam (Amhara region)  to send Teff to Addis Ababa. The farmers’ reason for refusing to send Teff is due to the fact that Oromia Region is blocking Amhara’s who

March 15, 2023 By Addis Insight
Business

Meet the 10 DESIGNERS PARTICIPATING IN THE CREATIVE DNA : ETHIOPIA

 CREATIVE DNA : ETHIOPIA – SUPPORTING ETHIOPIAN FASHION ENTERPRISES ADDIS ABABA, 10 MARCH 2023 The British Council Arts Programme in collaboration with Creative Hub Ethiopia, Fashion Scout (UK), and Marigat Gold (Kenya) has announced its latest initiative, Creative DNA : Ethiopia, which aims to support early-stage fashion and accessory enterprises in Ethiopia. An open call

March 11, 2023 By Addis Insight
Business

Why Ethiopia is taking its debt relief case directly to China, bypassing the G20

Ethiopia has an estimated US$13.7 billion in debt to China, much of it advanced by China Exim Bank between 2000 and 2021. Why Ethiopia is taking its debt relief case directly to China, bypassing the G20 The African country is emerging from Covid-19 and two years of civil war It applied for help under the

March 6, 2023 By Addis Insight
Business

A Harrowing Tale of Responsibility: How Content Moderator are Recruited from Ethiopia 

By Emrakel Sileshi In the digital age, tech giants like Facebook and YouTube have become ubiquitous, dominating our screens and infiltrating our lives. They have taken over the world by a swarm, spreading their influence far and wide. To maintain their dominance, they have outsourced workers from developing countries, creating a new class of young

March 6, 2023 By Addis Insight