Shega Media

Despite the improving adoption of digital financial services by the population in recent years, there still remains a large gender gap. Check out the latest visual by AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption), our initiative for bolstering the accessibility of information on DFS (digital financial services) in Ethiopia. Visit DFS hub Ethiopia to download the high-resolution visual: https://loom.ly/x20DbGE #DigitalFinance #DFS #Digitaltransaction #Digitalpayments #AKOFADA #FinancialInclusion #Fintech #Ethiopia #Genderinclusion #Genderequality

Ethiopia was ranked 24th from the bottom out of 193 countries by a United Nations E-government development report released last week. https://lnkd.in/dJVYdv56  

Mered Besrat is one of the few public figures in Ethiopia’s soon-to-be-realized capital market. Behind the scenes, he is working on launching an investment bank, with the goal of establishing it as Ethiopia’s premier institution in the field. However, Mered's passion for the capital market began nearly 15 years before he was set to participate in it. https://lnkd.in/d7E_apzh

A digital portal launched by two lifelong friends’ looks to springboard a change in how Ethiopian content creators monetize their work. https://lnkd.in/eEbnUB2e

Ethio Telecom has announced a substantial $1 billion annual budget for expansion. During the announcement, its CEO has also hinted at price adjustments. The past week also saw major recognition for Ethiopia’s innovative ecosystem as two local businesses won awards, while 3 million African talents are poised to receive AI training. Our round-up also includes the rise and fall of a Fintech startup and other exciting developments grab a chair and join us in exploring the latest news and trends shaping Ethiopia's innovative ecosystem.  

Ethiopia’s four-year economic reform program, supported by a 3.4-billion-dollar Extended Credit Facility (ECF), entails thorough digitization across multiple public sectors. https://lnkd.in/dvXi5e69

Safaricom Ethiopia is eyeing an entry into the remittance business landscape as competition evolves in Ethiopia’s duopolistic telecommunications sector. https://lnkd.in/dX7qNCjq

Emerging remittance processing apps in Ethiopia are transforming the way people send and receive money. With features like low fees, real-time transfers, and enhanced security, these platforms are making financial transactions easier and more accessible for everyone. *Note that these are platforms that specifically have remittance as their main feature. For valuable data and actionable insights on Digital Finance, please visit https://loom.ly/TJak_00 #DigitalFinance #AKOFADA #FinancialInclusion #Ethiopia

Endod, named after the pokeweed plant in Amharic, traditionally used for cleaning, looks to link clients with both handwashers and laundry service providers. https://lnkd.in/d3uxzqU5

Ethio Telecom, the state-owned telecom provider with 130 years of service, has unveiled a formidable budget of around $1 billion as it gears up to launch 260 new products and services in the coming year. https://lnkd.in/dxXJe8Xa