Ethiopia EdTech Week Returns, Expanding Focus on Investment and Inclusion

Ethiopia EdTech Week returns with a sharper focus, linking edtech startups, capital, and policy to scale inclusive, gender-responsive learning.

CBE Strengthens Dominance as Smaller Banks Lose Ground

Ethiopia’s banking sector may be entering a phase where scale, efficiency, and capital strength are becoming decisive. The NBE points to consolidation as a possible response.

Visa, Bank of Abyssinia Sign Five-Year Deal to Expand Card Issuance and Cross-Border Digital Payments

NBE has removed minimum foreign currency requirements for opening FX accounts and scrapped travel document requirements, such as visas or airline tickets, for obtaining international cards.

Ethiopia's Nascent Stock Market Unveils Mobile App Aimed at Expanding Retail Investor Base

The Ethiopian Securities Exchange launched Neway, a mobile app to bring market data and trading closer to everyday citizens.

Ethiopia Approves Regulation to Establish Artificial Intelligence University

Ethiopia’s Council of Ministers greenlights the creation of an autonomous AI university and ratifies key international development loans.

Nearly 40% of Perishable Losses in Ethiopia Stem From Logistics Gaps, Study Finds

Logistics gaps, including weak rural roads & inadequate cold storage, account for nearly 40% of Ethiopia’s perishable food losses, straining supply chains and raising urban food prices.

African Union Commission Signed an AI Partnership MoU with Google

The African Union Commission signed an MoU with Google to advance AI and digital capacity across the continent, aligning with Africa’s Continental AI Strategy and Digital Transformation agenda.

Ethiopian Online Auction Startup Taps into Agent Network to Expand Nationwide

Auction Ethiopia is working to introduce a 100,000-person agent network in the next five years to help sellers, from farmers to small businesses, navigate online auctions on its platform.