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Ethio Telecom awaits policy amendment to expand digital financial services
Spread the NewsEthio Telecom said Wednesday that it is waiting for policy amendment in a bid to expand its digital financial services. In May last year, the telecom giant launched telebirr, a mobile money service. Through telebirr, customers are topping up their airtime, buy internet packages, paying traffic penalties, as well as electricity and water…

World Bank approves $300 mln to support Ethiopia’s conflict-affected communities
Spread the NewsThe World Bank has approved a $300 million International Development Association (IDA) grant to support the recovery of conflict-affected communities in Ethiopia. The grant will finance a Response-Recovery-Resilience for Conflict-Affected Communities in Ethiopia Project, which targets to reach out more than five million people. The project will support efforts to address the immediate…

“We plan to create 100 thousand jobs in five years” An interview with Habtamu Tadesse, Founder and CEO of ArifPay, a fintech company
Spread the NewsHabtamu is also a founder of ZayRide, an app-based taxi-hailing service. ArifPay is a mobile point of sale system which will allow ATM cardholders to make electronic transactions via their smartphones. The company intends to launch M-POS and gateway-related digital financial products. It aims to allow people to use their mobile phones for…

Ethio Telecom discounts 51% service rate for homecoming diaspora
Spread the NewsEthiopia Telecom announced that it has discounted a 51% rate on its services for the home coming Ethiopian diaspora. Preparatory activities to welcome the diaspora are in progress. Hotels and transport service providers are working in a special manner to host the Diaspora, including 30 percent discount for them. Prime Minister Abiy Ahmed…

Helloo market plans creating 45 thousand jobs in five years
Spread the NewsHelloo market, a full-fledged e-commerce platform (https://helloomarket.com) has planned creating 45 thousand direct and indirect jobs in five years. As part of the plan, 15 thousand service provider machines will be installed in the rural parts to create jobs to thousands, according to the company. These movable machines operate from a power of…

Zemen : A Bank Blossoming Through Challenges
Spread the NewsZemen Bank Share Company is all about giving customers choices and convenience. For Zemen, banking is not limited to just branches and it sees it as “something customers do, not somewhere they go.” The Company abides strictly by the laws and regulations of the jurisdiction where it operates, and observes the guidelines and rules…