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Orginal Stories, Insights, Analysis, News and Events from the tech and startup ecosystem in Ethiopia and from all over the world. Visit our website shega.co. To send us news tips, question or comments, use hello@shega.org

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Гео и язык канала
Эфиопия, Амхарский
Статистика
Фильтр публикаций


Guava Leaf Tea Gains Traction as Ethiopia Explores Traditional Remedies for Modern Health Challenges

Researchers in Ethiopia are turning to traditional medicine to explore potential solutions, with guava leaf tea emerging as a promising natural remedy.

https://shega.co/news/guava-leaf-tea-gains-traction-as-ethiopia-explores-traditional-remedies-for-modern-health-challenges


A Year of Growth: GlobeDock Academy’s Edtech Impact Accelerates

GlobeDock Academy, a digital educational platform that provides high-quality education to Ethiopian students, has seen significant growth, expanding its user base by over 85% in less than a year.

https://shega.co/news/a-year-of-growth-globedock-academys-edtech-impact-accelerates

Partner Content


𝐃𝐚𝐬𝐡𝐞𝐧 𝐁𝐚𝐧𝐤, 𝐀𝐜𝐜𝐢𝐨𝐧, & 𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐚𝐫𝐝 𝐭𝐨 𝐋𝐚𝐮𝐧𝐜𝐡 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐇𝐮𝐛 𝐟𝐨𝐫 𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚𝐧 𝐌𝐒𝐌𝐄𝐬

Dashen Bank has partnered with global nonprofit Accion and the Mastercard Center for Inclusive Growth to build an innovation hub focusing on women-owned MSMEs.
https://shega.co/news/dashen-bank-accion--mastercard-to-launch-innovation-hub-for-ethiopian-msmes


Issue 174: Dangote's Bet & AGOA's Impact

Africa’s richest man, Aliko Dangote, has announced a $400 million plan to revive a second production line at the Mugher cement plant in Ethiopia. Meanwhile, a new report by the National Bank of Ethiopia (NBE) reveals the extent of the damage caused by the AGOA suspension.

Catch up with the major stories from the past week with Shega Weekly.

https://newsletter.shega.co/p/issue-174-dangote-s-bet-agoa-s-impact


𝐇𝐚𝐯𝐢𝐧𝐠 𝐓𝐫𝐨𝐮𝐛𝐥𝐞 𝐔𝐬𝐢𝐧𝐠 𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚𝐧 𝐋𝐚𝐧𝐠𝐮𝐚𝐠𝐞𝐬 𝐨𝐧 𝐀𝐈? 𝐓𝐡𝐢𝐬 𝐎𝐩𝐞𝐧-𝐒𝐨𝐮𝐫𝐜𝐞 𝐃𝐚𝐭𝐚𝐬𝐞𝐭 𝐌𝐢𝐠𝐡𝐭 𝐇𝐚𝐯𝐞 𝐚 𝐅𝐢𝐱

iCog has debuted Leyu Ai, an open-source voice dataset that includes Amharic, Afaan Oromo, Tigrinya, Af-Somali, and Sidama languages.

https://shega.co/news/having-trouble-using-ethiopian-languages-on-ai-this-open-source-dataset-might-have-a-fix


Regulation on Digital Lending Long overdue in Ethiopia

The central bank views digital lending as a tool to achieve basic financial inclusion at scale. Since 2022, when the first digital lending platform was launched in Ethiopia, more players have followed suit, and the country now has around a dozen such platforms.

However, shortcomings in transparency, credit limit policies, awareness campaigns, and borrower protection mechanisms are already emerging in this nascent sector, highlighting the need for robust, locally tailored digital lending laws.

Insights Powered by Project AKOFADA

https://shega.co/news/regulation-on-digital-lending-long-overdue-in-ethiopia


Nib International Bank Crafts Rebound with a Pair of Digital Payment Tools

Nib International Bank is forging its digital footprint through two new payment solutions launched over the past week.

https://shega.co/news/nib-international-bank-crafts-rebound-with-a-pair-of-digital-payment-tools


𝐇𝐨𝐰 𝐒𝐓𝐄𝐌𝐩𝐨𝐰𝐞𝐫’𝐬 𝐒𝐜𝐢𝐞𝐧𝐜𝐞 𝐊𝐢𝐭𝐬 𝐂𝐨𝐮𝐥𝐝 𝐄𝐱𝐩𝐚𝐧𝐝 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐢𝐧 𝐀𝐝𝐝𝐢𝐬 𝐀𝐛𝐚𝐛𝐚

STEMpower, a Sub-Sahara-focused Non-Governmental Organization (NGO) is building science kits to expand access to affordable education materials for STEM fields.

https://shega.co/news/how-stempowers-science-kits-could-expand-access-to-education-materials-in-addis-ababa


Are you thinking of obtaining a payment instrument issuer license in Ethiopia? Securing a Payment Instrument Issuer license requires meeting key regulatory requirements set by the National Bank of Ethiopia (NBE).

Check out the latest visual by AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative for bolstering the accessibility of information on DFS (digital financial services) in Ethiopia.

Visit DFS Ethiopia Hub to download the high-resolution visual: https://digitalfinance.shega.co/insights/infographics
#DigitalFinance #DFS #DigitalTransaction #AKOFADA #FinancialInclusion #Fintech #Ethiopia #PII #PaymentInstrumentIssuer #License #Authorization #Requirement #NBE #Regulation


𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐬 𝐅𝐚𝐲𝐝𝐚 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐃 𝐌𝐨𝐛𝐢𝐥𝐞 𝐀𝐩𝐩

A mobile application was launched today by the Ethiopian National ID Project (Fayda) that looks to fast-track the efficiency and accessibility of related services.
https://shega.co/news/ethiopia-launches-fayda-national-id-mobile-app


𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫 𝐏𝐢𝐥𝐨𝐭𝐬 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐅𝐫𝐮𝐬𝐭𝐫𝐚𝐭𝐞𝐝 𝐛𝐲 𝐌𝐢𝐝𝐝𝐥𝐞𝐦𝐞𝐧

Ethiopia-exports is piloting a portal where industry players can access a long list of agricultural commodities, trace their source, and assess quality before conducting a transaction.

https://shega.co/news/ethiopian-entrepreneur-pilots-unified-agricultural-market-platform-frustrated-by-middlemen


𝐄𝐭𝐡𝐢𝐨 𝐓𝐞𝐥𝐞𝐜𝐨𝐦 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐂𝐥𝐢𝐦𝐛 𝐭𝐨 𝟔𝟏 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐁𝐢𝐫𝐫 𝐀𝐦𝐢𝐝 𝐄𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐈𝐏𝐎

While refraining from disclosing exact expenditure, the CEO revealed that nearly 235 million dollars in investments had been mobilized and deployed so far. Plans to mobilize 1.29 billion dollars were announced at the start of the year.

https://shega.co/news/ethiotel-reports-revenue-climb-to-61-billion-birr-amid-extended-ipo


𝐂𝐫𝐲𝐩𝐭𝐨 𝐂𝐡𝐞𝐫𝐫𝐢𝐞𝐬: 𝐂𝐚𝐧 𝐓𝐨𝐤𝐞𝐧𝐢𝐳𝐞𝐝 𝐂𝐨𝐟𝐟𝐞𝐞 𝐁𝐫𝐞𝐰 𝐃𝐢𝐯𝐢𝐝𝐞𝐧𝐝𝐬 𝐟𝐨𝐫 𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚’𝐬 𝐅𝐚𝐫𝐦𝐞𝐫𝐬?

An ambitious startup is working on tokenizing coffee in Ethiopia powered by Ethereum's blockchain. Waga looks to leverage smart contracts and IoT in the endeavor.

https://shega.co/news/crypto-cherries-can-tokenization-of-coffee-brew-dividends-for-ethiopias-farmers


Ethio Telecom Launches EV Charging Stations in Addis Ababa

Ethio telecom has opened electric vehicle (EV) charging stations along the newly renovated Bole to Megenagna road.

https://shega.co/news/ethio-telecom-launches-ev-charging-stations-in-addis-ababa


Issue 173: First Impressions & Aid

✅ IMF debt restructuring talks near conclusion.
✅ Over 5,000 health workers impacted by USAID suspension.
✅ Ethiopia & Russia explore local currency trade & more.

Subscribe to our newsletter to receive major stories from Ethiopia’s innovative ecosystem, along with the latest business developments, straight to your inbox.

https://newsletter.shega.co/p/issue-173-first-impressions-aid


Dodai’s Regulatory Maneuver Paves the Way for E-Bike Riders in Addis Ababa

Ethiopian electric bike (e-bike) startup Dodai is navigating Addis Ababa’s regulatory hurdles by helping its customers form an association, streamlining the licensing process for electric vehicle owners, and covering license plate fees for 250 members.

https://shega.co/news/dodai-s-regulatory-maneuver-paves-the-way-for-e-bike-riders-in-addis-ababa


Awareness of Digital Financial Services (DFS) is growing in Ethiopia, with mobile money and mobile banking being the most recognized. Despite the improvements, awareness gaps still exist particularly in rural and semi-rural areas. Strengthening DFS awareness is crucial for financial inclusion.

Check out the latest visual by AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative for bolstering the accessibility of information on DFS (digital financial services) in Ethiopia.

Visit DFS Ethiopia Hub to download the high-resolution visual: https://digitalfinance.shega.co/insights/infographics #DigitalFinance #DFS #DigitalTransaction #AKOFADA #FinancialInclusion #Fintech #Ethiopia #Awareness #Rural #SemiRural #Channel #DigitalFinancialLiteracy


Redesigning Payment Confirmation for Ethiopia's Unique Needs

Despite Ethiopia’s rapid adoption of digital financial services (DFS), gaps in payment confirmation continue to hinder trust and usability. Some businesses hesitate to accept mobile payments due to fraud risks, while users navigating P2G payments still rely on physical receipts for security.

Strengthening transaction verification—through reliable real-time alerts, and tailored innovations—can accelerate DFS adoption.

Insights powered by Project AKOFADA

https://shega.co/news/redesigning-payment-confirmation-for-ethiopia-s-unique-needs


Ethiopia’s Freight Transporters Debut Platform Bidding to Digitize Logistics Network

A powerful lobby group of Ethiopian transporters has embarked on a project to digitize freight operations and minimize the role of middlemen.

https://shega.co/news/ethiopias-freight-transporters-debut-platform-bidding-to-digitize-logistics-network


𝐄𝐱𝐭𝐫𝐞𝐦𝐞 𝐏𝐨𝐯𝐞𝐫𝐭𝐲 𝐋𝐞𝐯𝐞𝐥𝐬 𝐚𝐫𝐞 𝐑𝐢𝐬𝐢𝐧𝐠 𝐢𝐧 𝐀𝐟𝐫𝐢𝐜𝐚: 𝐔𝐍 𝐑𝐞𝐩𝐨𝐫𝐭

The UN's World Economic Situation and Prospects 2025 outlines lingering debt sustainability risks, balance of payments constraints, and a shrinking fiscal space across Africa.

https://shega.co/news/extreme-poverty-levels-are-rising-in-africa-un-report

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