Team Shega

Ethiopia's Drug Watchdog Earns Elite WHO Status Amid Push for Local Pharma Production

Ethiopia hits a rare global benchmark in drug oversight, but local pharmaceutical production still lags behind imports.

Ethiopia Licenses New Capital Market Firms, but Trading Still Lags

Ethiopia’s capital market adds 3 new players, including its first private limited investment bank. Market activity, however, remains subdued.

Visa and Santimpay to Roll Out 20,000 PoS Machines Across Ethiopia

Visa is betting big on Ethiopia’s cash-heavy economy. Partnering with Santimpay, they’ll deploy 20,000 PoS machines this year.

Ethiopia Loosens Its Grip on Lending, but Warily

More credit, but not too much. Ethiopia’s MPC raises the lending cap by six percentage points while holding the policy rate at 15%.

Little, Bank of Abyssinia, and Visa Introduce Tap to Go Payments for Ride Hailing

Little, in partnership with Bank of Abyssinia and Visa, has launched “Tap to Go,” a contactless payment service in Ethiopia.

Canal+ Takes Control of MultiChoice After Multi-Billion Dollar Offer Clears Final Hurdle

Canal+ takes control of MultiChoice after its ZAR125/share offer clears all hurdles, creating a pay-TV giant with 40m+ subscribers across 70 countries.