Ethiopia: M-Pesa, Chapa form an alliance targeting Ethiopian merchants

Chapa, an Ethiopian fintech, has teamed with Safaricom M-Pesa Mobile Financial Services to offer M-Pesa services through its payment aggregator platform. The companies announced the yesterday, saying that it will make transactions easier for both merchants and M-Pesa clients in the Ethiopian market. Since its launch a few months ago, M-Pesa, Africa’s largest fintech platform,...

Ethiopian fintechs, bank partner to offer digital lending service

Ezra, a micro-lending fintech, has collaborated with Kacha Digital Financial Services S.C. and Global Bank of Ethiopia to develop an Ethiopian digital lending service. According to the parties, this new collaboration with Ezra illustrates both firms’ shared commitment to offering inclusive services that benefit financially underserved areas. Ezra collaborated with Kacha to create a Platform...

Ethiopia: Orange withdraws from the process of acquiring a stake of up to 45% in Ethio Telecom

Orange had expressed, as early as July 2021, its interest in acquiring 40% in Ethio Telecom, but the process was postponed until March 2022 before finally being relaunched in November. Last March, the French company reiterated its interest in the Ethiopian telecoms market. French telecommunications company Orange has decided to withdraw from the race to acquire...

Ethiopia once again suspends the process of awarding the second private telecoms license

The process of awarding Ethiopia’s second private telecommunications license was launched in September 2021, then suspended in December of the same year. It was finally relaunched in November 2022. Ethiopia has canceled the procedure for awarding the second private telecommunications license (License B), Reuters reports . The news agency quotes Hinjat Shamil, a senior advisor at the Finance Ministry,...

Ethiopia prepares to launch its third Earth observation satellite

Ethiopia launched its first two Earth observation satellites, respectively in December 2019 and December 2020. The country plans to launch ten space equipment by 2035. Ethiopia is expected to launch its third Earth observation satellite (ETRSS-2) within the next two years, reports The Ethiopian News Agency (ENA) . The state news agency quotes Abdisa Yilma (photo), director general...

Ethiopia: INSA Aggressively Defending Nation’s Cyber Space

Information Network Security Administration (INSA) has been effectively defending Ethiopia’s cyber-space from the ever growing cyber-attacks. This was disclosed at the launching ceremony of the first National Cyber Security Awareness Survey findings today as part of 4th National Cyber Security Month being underway since last two weeks with various events. On the occasion, Government Communication...

South Sudan Eyeing Benefits from Ethiopia’s Telecom Liberalization, Digitization

South Sudan is looking forward to benefitting from Ethiopia’s telecommunication liberalization and digitization, South Sudan National Communication Authority Director General Gai said. South Sudan is avidly following Ethiopia’s telecom reform and digitization, the telecom liberalization, and technological innovations which benefit neighboring countries that share borders with Ethiopia, including South Sudan, the director general added. “The...

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