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Ethiopia’s cannabis potential valued at USD 10 billion

The African Regional Hemp & Cannabis Report, 2019 industry outlook, a study by New Frontier Data, a Washington based research institute, indicated that cannabis, which is a genus of flowering plants in the family of Cannabaceae, recognized for its use in medical or recreational purposes, potential in Ethiopia has a market potential of USD 9.8 billion, standing second in the continent only following Nigeria’s USD 15.3 billion industry.

54 Capital partners with MiNT

54 Capital Group, the African-focused asset management company, which is headquartered in Dubai and London with a growing interest in Ethiopia, has donated six million birr to facilitate innovation and technology startups and development.

FinTech players gather in Addis Ababa

The second edition of Finnovation Ethiopia has brought together some 200 financial technological innovators and disruptors at the Radisson Blu hotel in Addis Ababa on March 11, 2019.

The gathering of FinTech players in Addis Ababa this year is part of the Fintech Africa Series which regularly gathers stakeholders and influencers in the African Fintech environment ranging from start-ups to key markets across Africa and the globe.

First African Entrepreneur Forum held

Calling it “the United States’ firm commitment to Africa’s young people,” the United States Mission to the African Union and blueMoon Advisory Services hosted the first African Entrepreneur Forum in the midst of the gathering of the 32nd African Union Heads of State and Government in Addis Ababa, this week.

Stemming Neglected Tropical Diseases

A new statistics released during the gathering of the African Union summit this week has indicated an improvement of Ethiopia’s effort in tackling Neglected Tropical Diseases (NTDs), known as the “disease of poverty” in the country.  However, the same report highlights the need to do more to eradicate the disease which is affecting millions of people.

Dangote launches continental health coalition

Nigerian business mogul Aliko Dangote, through his foundation, the Aliko Dangote Foundation, today launched an African health coalition together with more than 10 companies joining the African Business Coalition on Health፡ "ABCHealth".