A telecommunications service provider in Ethiopia, focused on offering Reliable Connectivity, Advanced Technology, And Financial Services To Simplify Life And Drive Ethiopia’s Digital Transformation And Empower Communities With Innovative Solutions.
Ethiopia Enacts Startup Law as Execution Becomes the True Test
Ethiopia's House of People’s Representatives passed the Startup Proclamation during an emergency session in July. The proclamation defines a startup as a tech-driven business under three years old with annual revenues below 5 million birr.
Ethiopia enacts long-awaited startup law to boost digital economy
Ethiopia's Council of Ministers ratified the 'Startup Business Proclamation' after nearly five years of consultations. The new law provides a formal definition for startups and establishes a National Startup Council.
Ethio Telecom Launches Cloud-Based Core Banking for Ethiopia’s Microfinance Sector
Ethio Telecom held a workshop with microfinance institutions and SACCOs to introduce a cloud-powered core banking solution. The training included a demonstration of the new solution's capabilities to boost operational productivity and improve service delivery.
Ethio Telecom and Mastercard Partner to Expand Digital Financial Services in Ethiopia
Ethio Telecom and Mastercard announced a strategic partnership to enhance digital financial services in Ethiopia. A high-level meeting was held between Ethio Telecom CEO Frehiwot Tamru and Mastercard Africa President Mark Elliott.
Ethiopia excludes diaspora and foreign investors from historic Ethio Telecom IPO
Ethiopia prohibits foreign and diaspora investors from Ethio Telecom's IPO. The Ethiopian Securities Exchange (ESX) is set to launch later this month.
