Ethiopias Archives - HabeshaLink

Addis Business Review – Zenith Bank Eyes Entry Into Ethiopia’s Banking Sector

Zenith Bank Eyes Entry Into Ethiopia’s Banking Sector Zenith Bank has expressed strong interest in entering Ethiopia’s banking sector, with its representatives recently meeting officials from the Ethiopian Investment Commission to explore opportunities. Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service providers join us to share your story and reach more customers! Let’s grow together on < A href="https://addisbusinessreview.com"> Addis Business Review ! Contact Addis Business Review : 📞 Phone: +251 090-624-0000 📧 Email: addissolutions22@gmail.com 🌐 Website:< A href="https://addisbusinessreview.com"> AddisBusinessReview.com 📍 Address: 22 Tow…

Addis Business Review – Breaking News Ethiopia’s Central Bank Warns Remittance Agencies and Recipients

Breaking News Ethiopia's Central Bank Warns Remittance Agencies and Recipients The National Bank of Ethiopia (NBE) has issued a stern warning to remittance agencies and recipients, emphasizing that legal action will be taken against those operating outside the bounds of Ethiopian financial law. This announcement follows a high-level discussion held between NBE officials and representatives of remittance agencies based in the United States. The central bank expressed serious concerns over the continued use of unlicensed money transfer services by members of the Ethiopian diaspora. Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service providers join us to share …

Institute to Unveil Ethiopia’s First Digital Addressing System

The Space Science & Geospatial Institute (SSGI) is gearing up to launch a Digital Addressing System (DAS) that will enable door-to-door services in Bishoftu City, with the feasibility study for similar efforts in Addis Ababa already completed.

The system, designed as an alternative to Google Maps and equipped with a navigation feature provides users with information about the geographical location of every asset, including residential houses and various infrastructures such as roads. Each entity is identified with a unique address assigned through numbers.

Accessible through both a mobile app and a website, DAS aims to provide convenient access to precise locations.

“The main objective of this project is to create an enabling environment for the digital economy by establishing a digital address system for 73 large and medium-sized cities in the country,” the Mapping Chief of the Ethiopian Space Science & Geo-Spatial Institute, Tewodros Kassahun, tol…

Edtech Mondays to Discuss the Impact of Digital Tools in Ethiopia’s Education System

EdTech Mondays, the monthly radio program produced by the Mastercard Foundation and Shega Media & Technology Plc, is set to explore the transformative potential of digital tools tailored for the Ethiopian educational landscape.

Scheduled to air on Monday, October 30, 2023, at 8:10 p.m. EAT via Fana FM 98.1 and 10 other affiliated FM radio stations across the country, the episode promises an in-depth conversation on how technology can bridge educational gaps, empower teachers, and create a vibrant learning ecosystem.

Integrating technology into classrooms can bridge gaps in access to quality education, especially in remote areas. Customized educational software and applications can cater to the diverse learning needs and languages prevalent in Ethiopia, fostering inclusivity and engagement. Empowering teachers with digital resources enhances their teaching methods, enabling personalized learning experiences and promoting critical thinking among students.

Edtech Mondays Upcoming Show to Spotlight the Impact of Digital Literacy on Ethiopia’s Education System

EdTech Mondays, the monthly radio show produced by the Mastercard Foundation in partnership with Shega Media & Technology, is set to unravel the unique opportunities and challenges Ethiopia faces in accelerating digital literacy.

The show, which will air today, September 25, 2023, at 8.10 p.m. via Fana FM 98.1 and 10 other affiliated FM radio stations across the country, will also examine the strategies and initiatives that can be employed to empower educators and students alike with the digital skills required to navigate a rapidly evolving educational landscape.

EdTech Monday’s, which serves as a platform to foster critical conversations on using technology for teaching and learning, shifted its latest focus to digital literacy, recognizing that Ethiopia’s education system, like many others globally, is in a state of transition.

With a growing youth demogra…

Safaricom, Sumitomo, JICA, MiNT Partner to Drive Ethiopia’s Digital Transformation

Ethiopia’s new telecom operator, Safaricom Ethiopia, global investment firm Sumitomo Corporation, and the Japan International Cooperation Agency (JICA) have joined forces to assist Ethiopia in its digitization journey. The trio has solidified this intention by officially signing a Memorandum of Cooperation with the Ministry of Innovation & Technology (MiNT).

The Memorandum, signed today, July 19, 2023, aims to realize the Ethiopian government’s goals outlined in its National Digital Transformation Strategy, Digital Ethiopia 2025.

Through collaboration, these four entities aim to accelerate the development of innovative solutions by effectively utilizing digital technologies.

This strategic partnership will involve the establishment of working groups focusing on the five pillars of Ethiopia’s digital strategy: Infrastructure, Enabling Systems, Digital Interactions, Business Ecosystem, and lastly, Regulatory Framework, Job creation, and Capacity Building.…

Ethiopia’s Bruh ICT Competition Opens Applications, Offering a $5000 Seed Grant

The Bruh-ICT 2023 Competition has begun accepting applications, calling upon young Ethiopians to submit their innovative ideas in the ICT and digital sector.

The competition which aims to uncover concepts that showcase promise for implementation, expansion, and sustainability in the long run, offers valuable resources, including customized training, incubation, and acceleration support services. Selected participants will also have the chance to secure a seed grant of $5000, alongside receiving continuous coaching and mentoring services.

Launched in 2021 by the then Job Creation Commission, now the Ministry of Labor and Skills, and the Mastercard Foundation, the competition is run by the...

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Michu, Ethiopia’s First Uncollateralized Digital Lending Platform, Disburses One Billion Birr in Loans

Cooperative Bank of Oromia (coop) has announced that Michu, Ethiopia’s first uncollateralized digital lending platform, has disbursed loans exceeding one billion birr.

A collaboration between coop and Kifiya Financial Technology, Michu has served 100,000 clients, with an average loan amount of 12,000 birr per borrower.

Deribe Asfaw, President of the Cooperative Bank of Oromia, provided an update on Michu’s progress today at a Knowledge Series Conference attended by key stakeholders.

The conference, titled “Data-Driven MSME Digital Lending for an Inclusive Economy,” was organized by the National Bank of Ethiopia in partnership with the International Financial Corporation (IFC),...

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EthSwitch Partners with Mastercard to Boost Ethiopia’s Digital Payments Landscape

EthSwitch, Ethiopia’s national payment switch, has inked a Memorandum of Understanding (MoU) with Mastercard, a global payment technology leader, in a bid to drive the digital transformation of the payments sector in Ethiopia. This partnership will enable financial institutions across the country to increase the adoption and usage of digital payments.

By leveraging Mastercard Send, a real-time payment platform that allows people and organizations to instantly send and receive money domestically and cross-border, EthSwitch aims to make digital money transfers more accessible and widely available. The advanced payment solution will deliver a simple and improved user experience,...

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The Mastercard Foundation, Gebeya Announce $48 Million Partnership to Equip Ethiopia’s Next Generation of Entrepreneurs

Gebeya Inc., the SaaS-enabled, Pan-African marketplace and the Mastercard Foundation have announced Mesirat, a five-year program that will equip 100 entrepreneurs in Ethiopia with their own multi-sided gig marketplaces.

Powered by $48 million, the partnership will see the two organizations and several other consortium partners leverage their combined experience and expertise to co-create and replicate Gebeya’s model 100 times in tourism and hospitality, agriculture, education, construction, healthcare, commerce, manufacturing, Information Technology (IT), professional services, transport, the fast-moving consumer goods (FMCG) and entertainment sectors.

Mesirat, which means “to...

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