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25 Mar 2023 05:59

Good morning all!
We are excited as we bring you another edition of our weekly Newsletter.
This week can be deemed a busy one for the financial and technology sector. Here is a summary of the latest developments and updates.

https://bit.ly/3lzUV5v

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24 Mar 2023 13:03

The National Bank has announced that it will soon permit mobile money transfers to Safaricom.

Mamo Mihretu, the governor of the National Bank, reminded that non-bank telecommunications companies, fintech, and payment agents are invited to participate in the payment service sector, given that Safaricom Ethiopia, which has a license as the country's first private telecom service provider, will soon receive to provide mobile money services.

Allowing Safaricom to introduce the widely known M-Pesa mobile money transfer and payment service in Ethiopia.

Source: Seleda

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23 Mar 2023 15:14

Telebirr transformed into a super app.

To be unveiled today, March 23, at the Ethiopian Science Museum, Ethio telecom will unveil the newly updated super app - Telebirr, providing an array of services within a single interface, including e-commerce, food delivery, entertainment, utility bills payment, transportation, and more.

It marks another milestone for the state-owned operator as it continues to expand its mobile money platform in anticipation of the upcoming M-PESA.

Source: Shega Media

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23 Mar 2023 09:29

Ride Has Entered The Field Of Food Delivery At A Minimum Fee Of 200 Birr.

Read more on this development on our website.
https://bit.ly/3z0ptAw

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22 Mar 2023 09:30

BKMC and GCA announce online executive training for women

The Ban Ki-Moon Center for Global Citizen (BKMC) and Global Center on Adaptation announced the second iteration of the Online Executive Training for Young Women Leadership on Climate Adaptation from selected African countries, including Ethiopia.

With a blended learning approach of live zoom sessions and self-learning tools, over 20 weeks, the selected candidates will enhance their knowledge of Climate Adaptation, develop their leadership skills, and connect with professional networks.

Find more information here
https://bankimooncentre.submit.com//show/3

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21 Mar 2023 15:23

Meet Guzo Technologies ጉዞ ቴክኖሎጂስ, one of the leading Ethiopian startups specializing in prototyping the Internet of Things and Extended Reality Products.

Read more about them here.

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21 Mar 2023 12:48

Facebook Content Moderators in Kenya Sue Meta Over Unlawful Dismissal

Read more on this development on our website.
https://bit.ly/40ngQeJ

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21 Mar 2023 08:04

EthSwitch raises capital to 3 Billion Birr.

To be used for the implementation of a revised five-year strategic plan, the capital aims to fulfill the demands of EthSwitch’s business and infrastructure needs, infrastructure development requirements, improve financial capacity, etc.

The five-year strategy is linked with the payment modernization process set at a national level, enabling it to include newly opened banks with high interest in joining the company, the use of infrastructure, and digital payment platforms.

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20 Mar 2023 09:59

IE Network Solution wins an award!

The largest and leading network solutions provider in Ethiopia, IE Networks was recently awarded for South East Africa and Central West Africa Excellence in Storage by Dell Technologies.

The award acknowledges the company's efforts in providing high-quality storage solutions to its customers.

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20 Mar 2023 05:41

Good Morning everyone! As we wish you a happy Monday and a productive week ahead, we would like to announce our opinion polls every Monday morning, with follow-up questions throughout the week, asking your opinions on issues that affect our day-to-day activities and socio-economic dynamics.

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16 Mar 2023 10:07

REWORK INC. A business consulting firm, providing solutions and designing organizational models for companies, corporations, governmental institutions, etc., with years of experience in the field.
Read more about them here.

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15 Mar 2023 12:00

Ethiopian Capital Market Authority to host first Financial Roundtable with Bloomberg

The Ethiopian Capital Market Authority will host the first private Financial Roundtable in collaboration with Bloomberg, the world’s leading financial software and market data platform, at Sheraton Addis Hotel on March 24th.

Experts from both parties will present solutions and share valuable ideas and platforms to enable domestic financial institutions to access the international market.

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15 Mar 2023 09:52

Renew Capital to be the implementation partner for Next Innovation With Japan Accelerator Program (NINJA)

In collaboration with MinT and JICA, Renew Capital will be the implementation partner for the four-month intensive training program for the selected six startups from the first Acceleration program launched by JICA and MinT.

The program aims to assist startups in building a world-class business through practical training, coaching, and mentorship.

They will hold a Kickoff Conference for the program on April 7, 2023, with a panel discussion by key stakeholders and a business pitch by the six selected startups.

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14 Mar 2023 10:00

Kazana Fund partners with Dream VC for the Investor Accelerator program

Dream VC, the fastest-growing venture capital firm in the continent, launched Investor Accelerator 2023 Fellowship.
This year's program will focus on Ethiopia, Kenya, Uganda, and Rwanda.

The program will help bridge the knowledge and access gap for aspiring and current Ethiopian investors in the country and the diaspora community.

Interested applicants can apply here.

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13 Mar 2023 15:36

4 Days to go for the 59th Annual EMA, AMC and IHE Event to be held under the theme “Roles and responsibilities of professional associations, physicians, the public, and stakeholders in modern medical practice: opportunities.
Powered by: http://www.eventsema.com


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24 Mar 2023 13:29

Ethiopia and Netherlands agree to launch a water management initiative benefiting over 10 million people.

The initiative, to be carried out through Nedamco Africa, a climate tech company, is aimed to reduce non-revenue water, increase water quality, and improve access to water by leveraging digital technology, according to the company.

“The solution will measure, report, and verify the outcomes of water management using digital twins in a fully digital and transparent manner,” it is stated.

Source: Addis Standard

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24 Mar 2023 08:46

The Talent Firm announces HR Workshop.

To take place March 31st, 2023, The Talent Firm will hold a workshop on Human Resources Administration designed for small businesses and startups.

It will teach basic know-how on how to get started and manage basic HR tasks, such as

- Recruiting and hiring best practices
- Employee onboarding and retention strategies
- Compliance with labor laws and regulations

Register here for the program.
http://bit.ly/3LIuJ3b

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23 Mar 2023 10:14

The nominations for the annual Women of Excellence awards are still open! Please forward your nominations to 0947350259 or email info@awibethiopia.org
Nominations close on 31 March 2023.

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23 Mar 2023 07:04

ECMA to hold public consultation for newly released directives

The Ethiopian Capital Market Authority will hold a public consultation session for the newly released draft directives, as the authority will respond to comments publicly.

The consultation will be on March 30th, 2023, from 8:30 am to 11:30 am in the conference hall of Hibret Bank's Headquarters building.

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22 Mar 2023 08:27

UNCDF Digital and MinT to roll out a national survey on Digital and Financial Literacy in Ethiopia

UNCDF's Digital Financial Services for Resilience Programme in Ethiopia and the Ministry of Innovation And Technology- Ethiopia will roll out a nationwide survey later this year to assess the financial and digital literacy levels of Ethiopian citizens and the impact on digital finance activities.

Ahead of the survey kick-off, the parties will engage stakeholders to discuss in-depth the structure and delivery of the project. A stakeholders forum will take place on 28 March 2023.

Source: LinkedIn - UNCDF DIGITAL

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21 Mar 2023 13:53

Ahadu Bank Partners with ECX for Payment Gateway Services

Ahadu Bank has partnered with the Ethiopian Commodity Exchange (ECX) as its 21st member, signing a memorandum of understanding with a focus on payment and transaction services.

According to Fortune Newspaper, the agreement allows traders to receive payment immediately after selling their products on the ECX floor through the bank’s payment gateway.

Source: Shega Media

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21 Mar 2023 09:15

Addis Build to take place

Organized by the Big 5 Construct Ethiopia, Addis Build is to take place from 18–20 May 2023 at the Millenium Hall, Bringing together influential decision-makers, innovators, and suppliers.

It will have more than 100 brands present, 20+ discussions on relevant industry topics, and the latest tools, equipment, and technology in building materials.

Click here to register for the event.

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20 Mar 2023 11:44

Ethiopia aims to make $7 billion from animal products for the next decade.

Read more on this development on our website.
http://bit.ly/3JmqPu0

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20 Mar 2023 07:59

Invest Ethiopia 2023 to take place.

Organized by the Ethiopian Investment Commission, the leading investment conference is to take place from 26-28 April 2023 at the Ethiopian Skylight Hotel, bringing together government officials, policymakers, and investors.

The program will present for attendees to explore investment opportunities, network with industry leaders, and gain insights into the latest policy reforms, market trends, etc.

Source: Business Info Ethiopia

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18 Mar 2023 09:47

Welcome to the latest edition of the LinkUp Business Newsletter.
As usual, you will find a summary of the business, finance, tech, and startup ecosystem developments and news throughout the week in Ethiopia.
Have a good read and a weekend!

https://www.linkedin.com/pulse/anthony-blinken-announces-331-million-aid-ethiopian-startups

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16 Mar 2023 08:39

The Impact of the Prohibition on Bajaj transportation

Read Hewan Wendewsen's thoughts on its effects on our website.
https://business.linkupaddis.com/the-impact-of-the-prohibition-on-bajaj-transportation/

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15 Mar 2023 10:07

ZayRide Goes Public

Read more on this development on our website.
https://business.linkupaddis.com/zayride-goes-public/

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14 Mar 2023 13:35

The British Council Arts Programme launches Creative DNA Ethiopia.

In partnership with Creative Hub Ethiopia, Fashion Scout, and Marigat Gold, The British Council announces the launching of the program, which aims to support early-stage fashion and accessory enterprises in Ethiopia on 10 March 2023.

The program will provide business incubation support and the opportunity to develop business skills, strengthen their networks, and gain market opportunities in Ethiopia and the UK.

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14 Mar 2023 07:49

FSD Ethiopia to host the second edition of the Knowledge Series

On 23rd March, FSD Ethiopia will host its second edition of the Knowledge Series, a platform created for stakeholders to come together and share knowledge and insights on critical topics important for the development of the Financial sector in Ethiopia.

This series will focus on Climate Finance in Ethiopia and Global Best practices.
The event will start at 8:30 A.M. - 12:30 P.M. Click here to RSVP.

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13 Mar 2023 12:26

Ethiopian Medical Equipment Digital Marketplace platform launches

Medstore Trading launched 'Medstore.et', an end-to-end digital solution provider for the medical equipment marketplace, aiming to solve Medical Equipment Problems.

The platform allows users to buy and sell medical equipment online, publish and subscribe to medical equipment tenders, and serve as a matchmaker for manufacturers and distributors.

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