Ethiopia Ratified a Startup Law, Now Comes the Hard Part

Ethiopia’s Startup Proclamation could be transformative but only if institutions move fast, rules stay clear, and funds reach founders efficiently. Recognition is step one; resilience is the goal.

FenanPay Steps into Ethiopia’s Competitive Fintech Market

FenanPay has secured a commercialization license from the National Bank of Ethiopia after piloting more than 2.5 million transactions worth 1.5 billion Birr.

YaYa Wallet’s New Remittance Service Connects Ethiopian Families Across Borders with Ease

In celebration of the upcoming Ethiopian holidays, a special bonus of 6% is offered on every foreign currency transfer made through YaYa Wallet until October 10, 2025.

The Super App Hype in Ethiopia Is Outpacing Reality

Ethiopia’s fintech and telecoms are racing to build Super Apps. When users already rely on separate apps for transport, banking, chat, and shopping, there is almost no point in bundling services.

National Bank of Ethiopia Endorses New Platform to Stem Parallel Market

“Our measures against illicit remittance flows will never stop,” says Ethiopia’s central bank governor, during unveiling of remittance platform developed by Eagelion System Technology.

Ethio Telecom Plans to Enter African Markets

The plan embraces a digital-first approach powered by AI and targets 100 million customers by 2028.