Kacha Digital Financial Services and Dire Microfinance partnered to launch digital saving and lending
In a groundbreaking event at the Capital B Hotel, Kacha Digital Financial Services and Dire Microfinance Institution launched an innovative...
Ethiopia attracts $3b FDI in 10 months
Chief Commissioner of the Ethiopian Investment Commission, Hanna Arayaselassie, announced on Tuesday that the commission aims to attract $3.5 billion...
Ethiopia to Host Inaugural Startup Awards on June 3-4
The Global Innovation Initiative Group (GIIG) will host the inaugural Ethiopian Startup Awards, a Global Startup Awards Africa event, in...
TotalEnergies Launches Initiative to Support Ethiopian Startup Entrepreneurs
TotalEnergies, a global leader in petroleum product distribution, has announced a new initiative to support startup entrepreneurs in Ethiopia. The...
Mastercard Foundation and Kifiya Announce $100 Million SAFEE Program to Boost MSME Access to Credit in Ethiopia
The Mastercard Foundation, in collaboration with Kifiya Financial Technology (Kifiya), has unveiled an ambitious initiative aimed at revolutionizing financial access...
IFC to Lend Safaricom Ethiopia $350 Million for Telecom and Mobile Money Expansion
The International Finance Corporation (IFC) plans to lend Safaricom Ethiopia an additional $350 million to support its expansion of telecommunications...
EEP has generated total of 20.28 billion ETB including $10.1 million from data mining companies
Ethiopian Electric Power (#EEP) has reported revenue of $10.1 million over the past 9 months from providing energy to data...
AfDB Approves $42.86 Million Grant to Boost Youth and Women-Led Agri-MSMEs in Ethiopia
The Board of Directors of the African Development Fund, the concessional financing arm of the African Development Bank Group (www.AfDB.org),...
Vodacom’s profit in South Africa takes a hit due to losses incurred in Ethiopia.
On Monday, South Africa's Vodacom Group (VODJ.J) announced a 10.8% decline in full-year earnings, attributing it to several factors including...
Safaricom Eyes Potential Listing of Safaricom Ethiopia on the Ethiopian Securities Exchange
According to Shega, Safaricom has indicated its willingness to potentially list Safaricom Ethiopia on the Ethiopian Securities Exchange in the...
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