How a Holiday Hassle Spawned a Thriving Culinary Business

Mahder Admasu was in the third trimester of her pregnancy when the holiday season rolled around 12 years ago. Juggling classes for a graduate’s degree, a baby on the way, and the hunt for specific ingredients sparked an idea for a business.

https://shega.co/post/how-a-holiday-hassle-spawned-a-thriving-ethiopian-culinary-business/

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New year, new us! Join us as we celebrate a fresh look for the new year. Stay tuned!

New Ethiopian Dating App Puts Modern Spin on Lemon-Tossing Custom

A centuries-old Ethiopian holiday tradition of tossing lemons (Lomii in Amharic), onto romantic prospects is getting a 21st-century reboot with the ‘Lomii’ dating app.

https://shega.co/post/new-ethiopian-dating-app-puts-modern-spin-on-lemon-tossing-custom/

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Prime Minister Abiy Launches National Cryptography Infrastructure

A nostalgic Abiy who returned to the institution he played a pivotal role in founding—INSA—expressed a sense of delight in the realization of years of hard work and foresight in the project. “You have achieved what we could not during our tenure,” the PM said.

https://shega.co/post/prime-minister-abiy-launches-national-cryptography-infrastructure/

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The Ethiopian Electric Utility has announced a rolling increase in power tariffs over the next four years as part of a comprehensive power sector reform.

Quarterly increments averaging 10% will be progressively applied, with the first round slated for next month. This will result in EEU customers facing an average power utility cost increase of 400% by 2028.

https://shega.co/post/electricity-costs-set-for-nearly-400-increase-by-2028/

@shegahq

Rewriting the Script on Billboard Advertisement

A local startup, just a year old, is aiming to transform the Ethiopian advertising industry with a platform that connects ad space owners with potential advertisers.

https://shega.co/post/rewriting-the-script-on-billboard-advertisement/

@shegahq

Recent data suggests that while mobile phone ownership is on the rise across the country, internet usage remains limited, especially among women, with an adoption rate of 13%.

For valuable data and actionable insights on Digital Finance, please visit https://digitalfinance.shega.co/data-hub/dashboard  #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

“Gurbitina” Goes Online
Gorebet, an app that leverages the traditional Ethiopian concept of “Gurbitina,” enabling users to connect and share important local information, has been launched by Opian Technologies.

https://shega.co/post/gurbitina-goes-online/

@shegahq

Ethiopia Paves the Way for Central Bank Digital Currency, Banking Revolution
The Council of Ministers today approved a draft proclamation that establishes a legal framework for the introduction of a central bank digital currency (CBDC) in Ethiopia

https://shega.co/post/ethiopia-paves-the-way-for-central-bank-digital-currency-banking-revolution/

@shegahq

Safaricom Ethiopia Starts Commercial Operations in Tigray Region
Safaricom announces the launch of commercial operations in Tigray region.

https://shega.co/post/safaricom-ethiopia-starts-commercial-operations-in-tigray-region/

@shegahq