Business

The Overdue Ethiopia’s Start-up Act: The Need to Change Subject

By Tsegamlak Solomon | Sep 09, 2023 Start-up Ethiopia It was five years ago. I remember sitting in the meeting room of the former Jobs Creation Commission: a team of a little more than 10 people and we were gathered to discuss how to build a vibrant start-up ecosystem in Ethiopia with a focus on

September 9, 2023 • By Addis Insight

Business

ETHIOPOST AND DODAI MANUFACTURING PLC STEP INTO THE FUTURE OF SUSTAINABLE DELIVERIES

As part of its commitment to technological advancement and strategic innovation, Ethiopost, a beacon of reliable postal service in Ethiopia for over a century, proudly announces its exclusive partnership with Dodai Manufacturing PLC (“Dodai”). Through this collaboration, Ethiopost continues its legacy of “Post for everyone,” further emphasizing its intent to evolve into a technology-driven service

September 8, 2023 • By Addis Insight

Business

IFC and the Ethiopian Capital Market Authority Partner to Increase Local-Currency Financing in Ethiopia

IFC and the Ethiopian Capital Market Authority (ECMA) today announced a program to support the growth of the country’s domestic capital markets and increase access to local currency finance. Under the four-year Ethiopia Capital Market Development Project, IFC will work with ECMA and other key stakeholders to develop capital market regulations, increase the efficiency of

September 6, 2023 • By Addis Insight

Business

CBE Updates Mobile Banking Service with Increased Transfer Limits and New Features

The Commercial Bank of Ethiopia (CBE) has updated its mobile banking service, making it more convenient and accessible for customers. One of the key changes is that all CBE branches can now provide services related to creating, resetting, and activating mobile and app services. This was previously limited to the branch where the customer opened

September 5, 2023 • By Addis Insight

Business

itel Mobile Unveils its latest S23+ Smartphone in Ethiopia, a Fusion of Curved Screen Elegance and Exceptional Performance. 

Addis Ababa, Ethiopia – August 31, 2023 – itel, the global leading smart life brand committed to providing quality consumer electronic products boasting excellent user experience has officially announced the imminent arrival of its flagship curved screen smartphone, the itel S23+. The itel S23+ is poised to revolutionize the smartphone experience with its cutting-edge technology and innovative features.  Over

September 1, 2023 • By Addis Insight

Business

Frehiwot Tamru appointed as Chairperson of Addis Ababa University Board

Ethio Telecom CEO Frehiwot Tamru has been appointed as the chairwoman of the board of Addis Ababa University, which is set to be organized as an autonomous university. The appointment was announced by Minister of Education Professor Birhanu Nega on Thursday, August 31, 2023. In addition to Frehiwot Tamru’s appointment, Minister of State for Education

August 31, 2023 • By Addis Insight

Business

Visa Partners with Enkopa Summit as Platinum Sponsor, Elevating Entrepreneurship and Tech Innovation in Ethiopia

ADDIS ABABA, August 31, 2023- Enkopa Summit is thrilled to announce that Visa, a global leader in digital payments will be joining as the Platinum Sponsor for its annual event, scheduled to take place on October 12th and 13th at the esteemed Science Museum in Addis Ababa, Ethiopia. Enkopa Summit, an industry event with a

August 31, 2023 • By Addis Insight

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