Team Shega

French Yeast Giant’s Ethiopian Subsidiary Launches App for Bakers

The Ethiopian subsidiary of Lesaffre, has launched Lesaffre & Me, a mobile app with AI-powered baking support, recipes, and product info for local bakeries.

Arifpay Launches MFI Switch and Wallet as Sector Pushes Toward Digital Services

The tools connect MFIs to the national payment system and allow clients to manage loans and savings digitally.

Berhan Bank, SantimPay Sign Deal to Deploy PoS Devices Across Ethiopia

SantimPay and Berhan Bank have partnered to deploy low-cost POS devices nationwide.

Ethiopia Plans $520 Million in FX Auctions Until March

Ethiopia’s central bank to inject $520M into FX market through Dec–Mar auctions as birr shows measured depreciation

Eleni Gebre-Madhin Honored with Lifetime Achievement Award at ASEB Summit

Eleni Gabre-Madhin, architect of the Ethiopian Commodity Exchange, received a Lifetime Achievement Award at the African Startup Ecosystem Builders Summit.

Commercial Bank of Ethiopia Unveils Digital Loans up to 150,000 Birr

The Commercial Bank of Ethiopia has launched CBE Beje, a new digital loan service via the CBE Birr app, offering uncollateralized loans from 500 to 150,000 birr.