Ethiopian Investment Firms form Alliance to Connect Local Startups with Global Investors

Five Ethiopian investment firms have come together to establish the Madeg Partnership, which aims to source investment opportunities on behalf

Childhood Mechanic Turns Entrepreneur Manufacturing Eco-friendly Brake Pads

Behailu Seboka, born and raised in the capital, spent his childhood working around garages to earn pocket money. “I used

Affordable Electric Vehicles in Addis Ababa

Tesfay Hailemichael, a father of two and a tradesman in the capital, has spent the last 18 months cruising his

Is the Commercial Bank of Ethiopia’s Introduction of New Banking Fees Justified?

In the past few months, Ethiopia’s financial landscape has been witnessing a significant shift with the introduction of new banking

Addis Ababa to Implement Full Ban on Fuel Motorcycles

By Daniel Metaferiya & Kaleab Girma After years of evolving regulations, the Addis Ababa city administration is implementing a complete ban

In Stock Markets, Giants Roam; in Crowdfunding, Startups Are Born

Addis Ababa, Ethiopia  Since the news of the establishment of the capital market in Ethiopia was first announced, there has

Addis Ababa’s Water Shortage Inspires Ride-hailing Firm to Introduce On-demand Water Delivery

Zoza Technologies, a ride-hailing service provider in Addis Ababa, has integrated an on-demand water delivery feature into its platform to

The Commercial Bank of Ethiopia Heist in Figures

Ten days have passed since a glitch rocked the Commercial Bank of Ethiopia, causing significant disruption in Ethiopia’s financial sector.