Ethiopian News Archives - Page 61 Of 62

Finnish-Ethiopian Startup Launches Recruitment Software

A Finnish-Ethiopian startup has entered Ethiopia’s job market with an online recruitment software called Fairway.

The tech startup, which aims to provide a smooth, quick, and cost-effective recruitment process, brings new features to Ethiopia’s existing job portals.

Fairway, which has two front ends: one for job seekers and one for hiring companies, provides a skill-based matching algorithm where companies can filter applicants based on the required skill set for job positions.

Co-founded by Henrik Metsämäki, CEO, and Heikki Ruhanen, COO, the software uses an online CV builder system where applicants fill in details of their educational background and work experience.

For job seekers,...

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Kifiya Scales up Insurtech Product for Farmers

Kifiya Financial Technology, along with Oromia Insurance Company and Agriculture Transformation Insititute (ATI), have scaled up their micro-insurance product that protects farmers from shocks caused by drought.

The product, Vegetation Index Crop Insurance (VICI), first launched in 2016, extended its program for two more years after winning a 2-million euro co-funding grant from the InsuResilience Solutions Fund (ISF).

Scaling up the VICI project will provide micro-insurance to 50,000 smallholder farmers in Oromia and Southern National and Nationalities Regional (SNNP) States to enhance their climate resilience.

For many farmers, especially smallholder farmers in rainfed systems, their...

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Medhanite- Healthtech Startup Launches App-based Pharmacy

Medhanite, an app-based pharmacy service for finding medications in Addis Ababa, launched its platform in July 2022

Medhanite, which checks the availability of medicines in pharmacies and shares details on how to get there, aims to solve the difficulties of finding medications and promises to reduce the effort, time, and money patients spend searching for medicines in the capital.

Users can upload a photo of prescriptions or manually enter drug details to find where they are located. A call center, 9922, also backs Medhanite.

The application has a nearby feature that shows the availability of the desired medication within a short distance. Though the application shows where to find the...

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Machine Translation Startup Lesan Partners with Timinit’s DAIR

Machine Translation Startup Lesan has partnered with the Distributed AI Research Institute (DAIR) to study and develop open-source natural language processing tools for Ge’ez-based languages in social media settings.

DAIR, an institute that focuses on producing interdisciplinary artificial intelligence research, welcomed Lesan warmly on its Twitter timeline post last week, mentioning that Asmelash Teka had joined as a part-time fellow.

Natural Language Processing (NLP) is a discipline within artificial intelligence that leverages linguistics and computer science to make human language intelligible to machines. NLP can find meaningful information in seconds by automatically allowing...

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6 Ethiopian Startups Will Go to the Gitex Global in Dubai, Apply!

The Japanese International Cooperation Agency (JICA), in partnership with the Ministry of Innovation and Technology (MinT), is selecting six startups from Ethiopia to go to the Gulf Information Technology Exhibition (GITEX) Global, one of the world’s largest startup and annual tech conferences with over 100,000 visitors.

The annual flagship conference takes place in Dubai between October 9 and October 15 and is attended by thought leaders, creators, innovators, and investors.

Tech-based startups in Ethiopia that engage in agritech, digitization of analogized payment, data storage systems, e-commerce, health-tech, tourism-tech, manufacturing-tech, and mining-tech, are invited to...

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Telebirr Launches Credit, Saving, Overdraft Services

Ethio Telecom has launched its long-anticipated micro-credit (loan) and saving scheme through its Telebirr mobile money platform.

The state-owned telecom operator, in partnership with Dashen Bank, launched Telebirr Mela, Telebirr Sanduk, and Telebirr EndeKise, today at Skylight Hotel, August 5, 2022.

Telebirr Mela is a microloan service that allows users to take out small loans without collateral based on their credit score. Telebirr Sanduk enables users to save money and earn an interest of 7 p.c on it.

Meanwhile, Telebirr EndeKise allows users to overdraw on their telebirr account when they have insufficient funds to complete a transaction.

ZayRide Joins Google For Startups Accelerator

ZayRide, Ethiopia based ride hailing startup, joins Google for Startups Accelerator Africa 2020 class.

Google for Startups Accelerator ( formerly known as Launchpad) Africa Class 5 will be delivered remotely this time. There will be one combined class, with 20 startups not 12 as in the past.

The 3 months program with a one week ‘virtual bootcamp’ per month starts at 29th June and end on...

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Safaricom Submits Expression of Interest For A Teleco License in Ethiopia

Safaricom, A Kenyan telecommunication giant, has submitted expression of Interest for one of the two telecommunications licenses in Ethiopia according to Standard Media report.

Ethiopian Communications Authority (ECA) has launched the request for Expressions of Interest (EOI) for two new telecommunications licenses last month.

ECA aims to issue two nationwide telecommunications service...

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Mastercard Foundation and Kifiya To Support 11 SMEs On Repurposing Production And Selling Online

Mastercard Foundation to support a group of 11 SMEs to repurpose there production to personal protective equipment (PPE) manufacturing via $ 3.2M fund and It’s partner Kifiya to provide an eCommerce platform for the SMEs sell online.

Mastercard Foundation will commit more than USD 3.2 million from the Mastercard Foundation COVID-19 Recovery and Resilience Program...

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ICT Advisory Firm Releases Ethiopia Digital Transformation Report

HIP Consult, a prominent emerging market digital infrastructure and services consultancy, has announced the release of a 100-page report on Ethiopia’s digital transformation and ICT sector.

Leveraging primary and secondary research, and advanced geospatial analysis, the report, entitled, “Ethiopia’s Digital Dawn: ICT Infrastructure & Reforms as Enablers of Transformation,” delves...

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