Business

New Online Service by Unite.et Enables Remote Bank Account Registration for Ethiopians Abroad

Unite.et, a new online service, has launched to enable Ethiopians living abroad to remotely register and open local bank accounts in both local and foreign currencies. The platform aims to facilitate access to banking services for the Ethiopian diaspora, providing a variety of financial services without requiring users to visit a physical branch in Ethiopia.

September 6, 2024 • By Addis Insight

Business

Why I’m Betting Safaricom Will Fail in Ethiopia

Lelaw Wondimu And How I am getting the Ultimate #SufferingCom Experience It was promising when it started—the speed, the consistency—I could have said it was like love at first byte. I used Safaricom Telecommunications Ethiopia PLC data packages here and there whenever my ethio telecom connection was down. I loved the consistency so much that

September 3, 2024 • By Addis Insight

Business

Alibaba AliExpress Enters Ethiopian Market: MKTY Appointed as Official Business Partner and Launches Africa’s First AliExpress Showroom

Alibaba Group’s AliExpress has made a significant entry into the Ethiopian market, signaling a major step forward in the region’s e-commerce development. The global e-commerce platform has appointed MKTY as its Official Business Partner in Ethiopia, a move that highlights the strategic importance of Ethiopia as a gateway to broader African markets. This partnership is

August 25, 2024 • By Addis Insight

Tech

Why Ethiopia’s Tech Startups Should Pay Attention to the New Personal Data Protection Proclamation

Ethiopia’s tech ecosystem is rapidly expanding, with startups playing a pivotal role in driving innovation and digital transformation across the country. As these startups continue to grow and handle increasing amounts of personal data, the recently enacted Personal Data Protection Proclamation No. 1321/2024 has become a critical piece of legislation that tech entrepreneurs must understand

August 23, 2024 • By Addis Insight

Tech

Ethio Telecom and VISA Partner to Launch Ethiopia’s First Virtual Visa Card, Enhancing Digital Financial Services

Ethio Telecom has announced a strategic partnership with VISA Inc. to introduce the first wallet-based Virtual Visa Card in Ethiopia, marking a significant step in the company’s efforts to expand digital financial services across the country. The partnership also aims to enhance international money transfer services through the telebirr Remit App and Visa Direct, offering

August 20, 2024 • By Addis Insight

Entrepreneurship

Transforming Healthcare in Ethiopia: The Vision Behind Medanit

In the rapidly evolving landscape of healthcare, Medanit has emerged as a groundbreaking platform in Ethiopia, reshaping how medical services are accessed and delivered. Founded on a deeply personal experience and a vision to bridge the healthcare gap in the country, Medanit is more than just a platform—it’s a movement towards a more accessible, efficient,

August 14, 2024 • By Addis Insight

Business

Shewaber Rewards Secures Investment at $600K Valuation, Sets Sights on Major Expansion

Addis Ababa, Ethiopia – August 9, 2024 – Shewaber, the pioneering Restaurant Loyalty Reward Platform in Ethiopia, has successfully secured an investment at a $600,000 valuation from a foreign investor, marking a significant milestone for the startup founded by Eyoel Tesfaye and Besufekad Menji. Originally launched three years ago as an online bookstore offering free

August 9, 2024 • By Addis Insight

Society

New UAE-Ethiopia Partnership: How Ethiopian Youth Can Access the Digital Literacy Program

In today’s digital age, the ability to navigate and utilize information and communication technologies is increasingly important. Recognizing this need, a nationwide initiative in Ethiopia aims to provide digital literacy training to 5 million youth by 2026. This program seeks to equip young people with essential digital skills necessary for education, work, and daily life,

July 25, 2024 • By Addis Insight

Entrepreneurship

UAE and Ethiopia Launch 5 Million Coders Initiative

Prime Minister Abiy Ahmed (PhD) has officially launched the 5 Million Ethiopian Coders Initiative at the Science Museum, aligning with the national Digital Ethiopia 2025 strategy to bridge the digital skills gap. The initiative is designed to provide digital technology training to five million citizens. By 2026, the program aims to equip these individuals with

July 23, 2024 • By Addis Insight

Business

Tesla-Powered Luxury: Henock Demissew’s VIP Taxi Service Redefines Addis Ababa’s Transport

Addis Ababa, Ethiopia – In the bustling streets of Addis Ababa, Henock Demissew is making waves in the luxury transportation industry. The owner of VIP Taxi and Henock Car has been significantly impacting the way the city’s elite and visitors commute since launching his business a year ago. His journey began with a chance encounter

July 21, 2024 • By Addis Insight