Team Shega

Ethiopian Agri-Startup Guaro Farms Advances as Finalist in GoGettaz 2025 Competition

Ethiopian agribusiness Guaro Farms is a Top 13 finalist in the 2025 GoGettaz Agripreneur Prize, recognized for its innovative spice-processing nano-factories aiming to transform farmers’ livelihoods.

Ethiopia’s Sovereign Fund Makes First International Bet on Boutique Scandinavian Gold Miner

Ethiopian Investment Holdings has taken its first step into international markets, acquiring a 7.4% stake in Scandinavian-based Akobo Minerals for $3m.

MinT Launches Tech Addis Expo to Attract Global AI, BPO, and Cloud Investments

The Ministry of Innovation and Technology launches Future Tech Addis, an ambitious 3-year initiative aiming to attract 1,000 global tech companies and boost Ethiopia’s innovation landscape.

NBE Announces Crackdown on Illicit Currency Flows After Major FX Auction

Governor Mamo Mihertu announced enhanced crackdown on illicit foreign currency flows a day after major FX auction by the National Bank of Ethiopia.

NBE Kicks Off Fiscal Year with Biggest FX Splash

Ethiopia’s central bank is doubling down on its FX auctions, literally. The NBE will offer $150m at tomorrow’s sale, more than twice previous amounts.

$50 Million AU Initiative Seeks to Strengthen Evidence-Based Policymaking Across Africa

The African Union Commission, with $50M in support from the World Bank, has launched the Africa Think Tank Platform. Grants of up to $10M will support cross-border consortia in key policy area.