Safaricom, Gebeya to Train Ethiopian University Students Offering Perks

Safaricom, in partnership with Gebeya Inc., has announced the launch of the Safaricom Talent Cloud, a platform designed to empower tech professionals and entrepreneurs in Ethiopia.

https://shega.co/post/safaricom-gebeya-to-train-ethiopian-university-students-offering-perks/

@shegahq

R&D Group Scales Business Support with New Platform

R&D Group, a veteran outsourcing and enterprise development organization, has developed a new digital support hub called SHARE, targeting micro, small, and medium enterprises (MSMEs).

https://shega.co/post/rd-group-scales-business-support-with-new-platform/

@shegahq

Recent data shows that the combined assets, deposits, and capital of Awash Bank, Bank of Abyssinia, Cooperative Bank of Oromia, Dashen Bank, and Hibret Bank account for a significant portion of the national totals.

The steadily increasing market shares of these 5 banks point to a more competitive banking landscape developing in Ethiopia.

For valuable data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/data-hub/dashboard #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Finalize your Gig-Innovate applications and submit today!

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- Qualified Financing: Boost your business with accessible funding options.

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- Advanced Technology Access: Enhance your operations with the latest tools.

- Support for Growth: Access to customized in kind support with options

Think this might be for you? Tap this link (also available in the bio) http://mesirat.acceleratorapp.co/application/new?program=mesirat-entrepreneurs-application-form-project-X to apply!

Note: Application Deadline Jun 10, 2024

#MesiratEthiopia #SmallBusiness #Grow #BusinessDevelopment

Partner Content

Ethiopia Cuts Costs with Local Aerial Survey Partnership

The Space Science and Geospatial Institute has partnered with National Airways, a private airline based in Addis Ababa, to capture aerial images using local planes, saving millions of birr annually.

https://shega.co/post/ethiopia-cuts-costs-with-local-aerial-survey-partnership/

@shegahq

Data from the Ethiopian Communications Authority (ECA) shows a significant increase in foreign investment within the country's telecommunications sector.

Annual foreign direct investment (FDI) in telecommunications services (fixed, mobile, and internet) has grown steadily, from 1.7 billion birr in 2017 to 17.4 billion birr by 2022. This trend aligns with Ethiopia's recent policy reforms to attract foreign investment into its telecommunications sector.

For valuable data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/data-hub/dashboard #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Safaricom Ethiopia Starts Commercial Operations in Tigray Region

Safaricom announces the launch of commercial operations in Tigray region.

https://shega.co/post/safaricom-ethiopia-starts-commercial-operations-in-tigray-region/

@shegahq

Reach for Change Unveils First Cohort of Edtech Fellows

The selected edtech startups will receive a range of benefits, including one-on-one coaching from specialists, peer learning sessions, investor advisory, insights into the science of learning, and $60,000 in equity-free funding for each startup.

https://shega.co/post/reach-for-change-unveils-first-cohort-of-edtech-fellows/

@shegahq

Kubik Paved the Way, Can Other Ethiopian Startups Follow?

In 2023, Kubik was named Startup of the Year at the Global Startup Awards. In 2024, 68 local startups are eyeing the same honor.

https://shega.co/post/kubik-paved-the-way-can-other-ethiopian-startups-follow/

@shegahq

The National Bank of Ethiopia's draft policy document outlines four key entry points for foreign entities to participate in the banking sector. These entry methods include subsidiaries, representative offices, branches, and share acquisition in existing and new banks.

For valuable data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/data-hub/dashboard  #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Ethiopian Federal Agency Deploys ERP to Overhaul $1 Billion Drug Supply Chain

Ethiopia’s federal agency responsible for supplying pharmaceuticals and medical equipment to health institutions with a revolving fund of one billion dollars has deployed an Enterprise Resource Planning (ERP) system to streamline its operations.

https://shega.co/post/ethiopian-federal-agency-deploys-erp-to-overhaul-1-billion-drug-supply-chain/

@shegahq

Ethiopia Paves the Way for Central Bank Digital Currency, Banking Revolution

The Council of Ministers today approved a draft proclamation that establishes a legal framework for the introduction of a central bank digital currency (CBDC) in Ethiopia

https://shega.co/post/ethiopia-paves-the-way-for-central-bank-digital-currency-banking-revolution/

@shegahq

“Gurbitina” Goes Online

Gorebet, an app that leverages the traditional Ethiopian concept of “Gurbitina,” enabling users to connect and share important local information, has been launched by Opian Technologies.

https://shega.co/post/gurbitina-goes-online/

@shegahq

Recent data suggests that while mobile phone ownership is on the rise across the country, internet usage remains limited, especially among women, with an adoption rate of 13%.

For valuable data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/data-hub/dashboard  #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Applications Open for Local Agritech Competition with $20,000 Prize

Heifer Ethiopia has launched this year's AYuTe Ethiopia Challenge, which aims to identify innovative tech-based solutions to address the challenges faced by smallholder farmers in the country.

https://shega.co/post/application-opens-for-local-agritech-competition-with-20000-prize/

@shegahq

Coffee Capital Cleans Up

The Ethiopian Institute of Bio and Emerging Technology has teamed up with Jimma City to scale up waste collection and processing efforts, with the majority being converted into natural compost.

https://shega.co/post/coffee-capital-cleans-up/

@shegahq

According to the World Bank Financial Capability Survey, a larger proportion of adults with higher education are more knowledgeable about financial terms such as ATMs, insurance companies, and microfinance, compared to those with only primary education.

These disparities are often compounded by the fact that rural adults, especially women, have fewer educational opportunities than their urban counterparts.

For valuable data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/data-hub/dashboard  #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

TotalEnergies Flips the Switch on First EV Charging Station in Addis Ababa

Witnessing the growing number of electric vehicles (EVs), TotalEnergies Ethiopia is integrating electric charging points at its gas stations

https://shega.co/post/totalenergies-flips-the-switch-on-first-ev-charging-station-in-addis-ababa/

@shegahq

Join Our Training on Debt and Equity Financing!

Learn about the various forms of debt and equity financing available to businesses, how to obtain them, and their advantages and disadvantages.

Date: Thursday, June 28, 2024

Time: 4:30 PM - 6:30 PM EAT / 10:30 AM - 12:30 PM Local Time

Location: Virtual , registration link : https://forms.gle/P1rAV4NPXdKczxwL8

If you are unemployed and want a deeper understanding of the business development, finance and legal sector this training will highly benefit you and you will be  prioritized during registration!

Partner Content

WeVenture Partners with Dashen for 3rd Kefita Entrepreneurship Contest

WeVenture, a newly established local venture capital-backed incubator, has partnered with Dashen Bank for the third edition of the Dashen Kefita Entrepreneurship Contest.

https://shega.co/post/weventure-partners-with-dashen-for-3rd-kefita-entrepreneurship-contest/

@shegahq