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Ethiopia to be Africa's Hub for Data Mining
Ethiopia has entered into a preliminary agreement to expand its data mining and artificial intelligence training capabilities through a...
merabweri
May 5, 20241 min read


Tackling Africa's Problems with Satellite Data
Kenya recently launched the Taifa-1 satellite, joining a cohort of African nations embracing space programs to address pressing issues...
merabweri
Mar 28, 20241 min read


The Rise of African Startups in Climate Tech
Climate change poses significant challenges for Africa, underscoring the need for substantial investment in innovative solutions across...
merabweri
Feb 26, 20241 min read


The $1 Billion Fund for African Startups
At the 24th Annual Meeting of the World Economic Forum in Davos, the United Nations Development Programme (UNDP) unveiled the "Timbuktoo"...
merabweri
Feb 26, 20241 min read


Boosting Climate Finance with "Green Banks"
The African Development Bank has launched the African Green Bank Initiative, a significant step in Africa's climate finance journey....
spotlightethio
Jan 2, 20241 min read


African Countries Declare Visa-Free Travel
African countries are on the move to open their doors for businesses and the free movement of people. Rwanda and Kenya are taking...
spotlightethio
Nov 5, 20231 min read


A New Player in Ethiopia's Mobile Money Market
Safaricom's M-Pesa mobile money service has officially launched in Ethiopia, marking a significant milestone in the Kenyan telecom...
spotlightethio
Nov 5, 20231 min read


Empowering Internal African Trade
Five powerhouse African banks - Access Bank, Ecobank, KCB, Standard Bank, and UBA - are aligning their operations with the Pan African...
spotlightethio
Aug 9, 20231 min read


Startup of the Year Kubik Raises $3.34M Seed to Scale Sustainable Building Tech in First Market
Circular economy and climate tech startup, Kubik, brings multinational investors on its journey to build a livable world for all. Addis...
spotlightethio
Jun 23, 20233 min read


Zayride Announces Public Share Offering
Zayride, a well-known on-demand taxi service in Ethiopia, has announced its intention to offer limited shares for sale to the public....
spotlightethio
Apr 21, 20231 min read


Enabling Ethiopia's AI Revolution
Although ChatGPT has yet to be available in Ethiopia, platforms like GarriGPT and ShegerAI are making it easy for people in Ethiopia to...
spotlightethio
Mar 6, 20231 min read


Launching Ethiopia’s First Credit Cards
Ethiopia's leading private bank, Awash Bank, has become the first among the 30 banks currently in operation to issue credit cards....
spotlightethio
Feb 5, 20231 min read


Competing in the African Metaverse
Guzo was selected as a country partner for an African Metaverse Competition backed by Meta. AR/VR Africa Metathon is an annual...
spotlightethio
Feb 5, 20231 min read


Ethiopia’s First Sovereign Wealth Fund
Ethiopian Investment Holdings (EIH) has officially launched operations as the country's strategic investment arm, during a recent...
spotlightethio
Feb 5, 20231 min read


A New Digital Credit Platform
"Dube Pay", a new Buy-now-Pay-later mobile app, will launch soon through a collaboration with Dashen Bank and EagleLion System...
spotlightethio
Feb 5, 20231 min read


Ethiopia’s Emerging Stock Exchange
Ethiopia is in the process of building the first full-fledged capital market in the country, where equities, bonds, financial...
spotlightethio
Feb 5, 20231 min read


Ethiopia’s First Collateral-Free Digital Lending
Michu is Ethiopia's first digital lending platform that provides loans without collateral, through a partnership with CoopBank...
spotlightethio
Feb 5, 20231 min read


Bringing Access To Digital Payments
Nigeria's Paga will commence its plans to expand in Ethiopia in 2022, and is also considering developing a crypto-currency product in...
spotlightethio
Feb 5, 20231 min read


Ethiopia's New Borderless Bank
Santym is a borderless bank that allows Ethiopians and Africans to open a USD bank account as well as a Bitcoin and Stablecoin wallet....
spotlightethio
Feb 5, 20231 min read


Ethiopia’s First Mortgage Bank
Ethiopia's first private mortgage bank, Goh Betoch Bank SC, has received its license from the financial sector supervisory body and has...
spotlightethio
Feb 5, 20231 min read


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