CBE Introduces Digital Foreign Currency Remittance Service: EthioDirect
The Commercial Bank of Ethiopia (CBE) has unveiled a new digital foreign currency remittance service named EthioDirect. This move by the CBE is aimed...
Japanese Venture capitalist to boost its investment in Ethiopian startups with a $100 million budget and partnership with Kazana Fund
Japanese Venture capitalist gears up to boost its investment in Ethiopian startups with a $100 million budget and partnership with Kazana Fund
January 18, 2023,...
Djibouti to Build Africa’s First Satellite Launch Facility
The partnership between Djibouti and Hong Kong Aerospace Technology is significant as it marks the first time that an African country will have the...
Ethiopia’s Banking Industry Gets a Boost with Abyssinia Bank’s Apollo App
Abyssinia Bank, one of Ethiopia's leading financial institutions, is known for its unique virtual banking services. The bank's latest release, the Apollo mobile banking...
Somaliland to receive starlink satellite internet service before South Africa
Somaliland, an unrecognized state in Africa, is set to receive the Starlink satellite broadband service in 2023, according to the service's official coverage map.
Starlink,...
Safaricom Ethiopia Expands Network Footprint to 21 Cities Across the Country
Safaricom Ethiopia has announced the expansion of its network and services to five new cities in December 2021: Hawassa, Assela, Jigjiga, Sodo, and Dilla....
