Author: Staff Writer

Following the peace agreement reached in Pretoria, South Africa, Ethiopian Airlines is planning to resume regular flights to the Tigray region that had been suspended due to the conflict, according to the airline’s CEO, Mesfin Tasew. The airports in the region, such as Mekele and Shire, are in good condition and convenient for resuming flights, with the exception of Axum Airport, which was damaged during the conflict and requires renovation to make it operational again. Source: ENA

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Imagine starting your own clothing line and selling clothing accessories that have your brand on them. With customized products, you can start clothing, sandals, and even backpack brands. You might be thinking, “But I don’t have the capital!” Well, here is some good news. Print-on-demand does not require any capital. Print-on-demand is a fulfillment model which means that you only pay after a customer has placed their order. This dropshipping model allows you to pay for the product and take the remaining cash as your profit. To help you understand this growing industry, Best fulfill website compiled a list of…

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According to Ethiopia Investment Holding, Ethiopia’s nearly 120 million people consume about 700 thousand tons of sugar annually. The country’s climate and large swaths of irrigable land provide an ideal environment for sugar cane cultivation. The Government has invited both international and domestic investors to participate in the tendering of 8 state-owned sugar enterprises. These include Omo Kuraz 1, Omo Kuraz 2, Omo Kuraz 3, Omo Kuraz 5, Arjo Dedessa, Kessem, Tana Beles, and Tendaho (together the “Sugar Enterprises”) aiming to increase private sector participation in the ownership and operation of sugar companies. Following a request from potential investors, the…

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The Ministry of Innovation and Technology of Ethiopia (MinT), in collaboration with Japan International Cooperation Agency (JICA), will be hosting the “Ethiopia Startup Innovation Pitch” on Friday, December 9, 2022, from 5:00-7:00 pm ET. All investors and companies from Japan, Europe, USA, and Ethiopia, as well as anyone interested in Africa, are cordially invited. At the event, 8 representative Ethiopian startups, selected from 114 companies, will present their pitches to show the attractiveness of Ethiopian startups to the world. These competitors, according to Disrupt Africa, are: Tigabu Haile – CEO, Eshi Express Daniel Getachew – CEO, Guzo Technologies PLC Mrs.…

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Chapa, an Ethiopian-based FinTech company, has added a new feature to its online payment platform that now offers its customers quick access to flexible loans to grow their businesses. No collateral is required. Dubbed Chapa Capital, this feature is designed to make sure business owners can access loans without fussing about collaterals, cumbersome documentation, and...

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The Global Startup Awards (GSA), the largest independent startup ecosystem competition, has launched its 2023 edition in partnership with the Global Innovation Initiative Group (GIIG) to provide a continent-wide opportunity for SDG-aligned solutions with global relevance, focusing on agriculture, climate, commerce, education, healthcare, and mobility & logistics. Opened on November 04, 2022, the year-long competition will see entrants compete at a national level before vying for their spot as a regional finalist. Thereafter, the continent’s top innovators will gather in-person at the GSA Africa Summit in August 2023, for a two-day conference and gala dinner to convene, connect and celebrate…

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According to reports, it has been announced that the residents of Addis Ababa who are waiting to renew their identification will be able to get services on Saturday and Sunday, November 12 and 13, 2022 from early morning to evening. All who wish to get this service may visit their respective district vital registration and information offices on the specified days. The decision, proclaimed by the Registration and Information Agency of Addis Ababa City, reverses (temporarily, at least) the suspension of ID renewals implemented by the Addis Ababa City Administration back in July 2022 as a precaution to national security…

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Five of the ten are Nigerian companies. As per the Harvard Business Review, venture capital (VC) financing is the exception, rather than the norm, among start-ups. As such, firms that have been able to attract such interest can be considered successful, at least in terms of funding. Digest Africa has recently dug into Africa’s specific case, identifying the top hundred most funded startups. Of these, the list is headed by Jumia, a Nigerian e-commerce giant which raised $885m across six funding rounds between January 2012 and April 2019 before it went public on the New York Stock Exchange (NYSE). The…

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It wasn’t enough, it seems, for only avatars to perish in video games. To add to the thrill of and raise the stakes for gamers worldwide, Palmer Luckey, founder of the virtual reality (VR) firm Oculus, claims to have designed a game headset that vanquishes its bearer in real life upon the death of his/her avatar in the game. Inspired by a Japanese anime of a similar concept (players trapped in an online role-playing die in reality due to the killer “Nerve Gear” headset), Luckey explained he was halfway through with brining this murderous headset to life. The device is…

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The Bill & Melinda Gates Foundation has awarded EthSwitch Share Company, Ethiopia’s National Switch, a grant of $8.3 million to put towards the expansion of digital infrastructure in the country. This is inclusive of several activities, including the provision of instant payments, payment gateways, and shared wallet services to digital finance and payment service providers....

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