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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.

Only local Lift maker under pressure

After 45 years in the business, Dan Lift Technology Company, probably the only native lift-maker in the continent is said to be under tremendous pressures as adversities made it difficult for the company to carry on its previous level of operations.

Family Milk Introduces First Ever UHT Milk in Ethiopia

Family Milk, a leading dairy producer within Ethiopia is expanding its partnership with SGI Frontier Capital – an international private equity fund – to help expand its operations and introduce a new pioneering technology to the country.

Africa’s agriculture getsfinancingfor innovative technologies

Grappling with vicious cycles of drought and low productivity, the African Agricultural sector is about to see new initiatives that will propel innovation and technology oriented farming practices in which the African Development Bank (AfDB) has announced a USD 50 billion in financing.

Agency unveils digital procurement strategy, roadmap

The Federal Public Procurement and Property Administration Agency (FPPA) along with its key partner organizations, on Thursday unveiled a five-year Electronic Procurement Strategic Document and Action Plan, which is said to implement an electronically aided procurement dubbed e-GP or [e-Government Procurement].

CCCC to establish regional office in Addis

With a growing Chinese presence within Ethiopia, China Communications Construction Company Ltd (CCCC) is set to make its regional head office at Addis Ababa. To be called CCC’s East Africa Head Office, Technology and Innovation Center for Construction Technologies, it will be situated on a 30,000 m2 plot of land.

City deploy new tech to aid tourists

The Culture and Tourism Bureau of the Addis Ababa City Administration has announced that it is deploying a modern digital equipment which locates tourism spots to enable tourists easily locate major tourism spots across the city.