by AllureAdmin | Jan 18, 2022 | Tech
A new e-commerce company, launched in 6 months, was created from the partnership between Alibaba founder Jack Ma and Ermias Amelga, an Ethiopian entrepreneur with extensive experience in banking, technology, real estate, and more. The e-commerce company’s name will...
by AllureAdmin | Jan 18, 2022 | African News
Ajim Capital, a venture capitalist firm based in the US, launches a $10 million fund to invest in African tech startups. Ajim Capital is an early-stage fund that invests pre-seed and seed capital in African founders with global ambitions. Ajim Capital was founded by...
by AllureAdmin | Jan 18, 2022 | Tech
Ethio telecom, with a strategic aspiration of being a preferred operator, has been working at its full-scale towards providing competitive value adding telecom solutions and satisfying customers’ expectations. To reach this goal, Ethio telecom wants to launch mobile...
by AllureAdmin | Jan 17, 2022 | Health
Benshi.ai is a global non-profit funded by the Bill & Melinda Gates Foundation that uses the latest behavioral machine learning and personalization techniques to provide equitable healthcare. It aims to improve the health of individuals in resource-poor countries...
by AllureAdmin | Jan 17, 2022 | African News
The African Development Fund (ADF) grants $47.09 million to Mozambique’s Pemba-Lichinga Integrated Development Corridor, a Special Agro-Industrial Processing Zones (SAPZs). The grant is for phase 1 of a special Agro-Industrial Processing Zone aimed to improve...
by AllureAdmin | Jan 17, 2022 | Other
The National Bank of Ethiopia (NBE) implements a new 70-20-12 rule for foreign currency management to reduce the amount of foreign currency available to banks and exporters. The percentage of earnings to be surrendered to private banks is 10%, with the bank paying the...
by AllureAdmin | Jan 15, 2022 | African News
Nigeria’s Federal Government announces prioritization on power & infrastructure to boost manufacturing & trade. It aims to improve Nigeria’s manufacturing capacity & make it one of the best marketplaces in Africa. Since Nigeria is 200 million of Africa’s...
by AllureAdmin | Jan 15, 2022 | Other
The Addis Ababa City Administration launches a 5,000 Condominium Apartments Construction Project at Akaki Kaliti sub-city. This project has an ETB 8 billion budget & anticipated to finish within a year to meet the housing demand by urban dwellers. The state...
by AllureAdmin | Jan 14, 2022 | Of The week, Spotlight of the week
Moges Tafesse is a documentary filmmaker and TV producer from Addis Ababa, Ethiopia. Moges has a Ph.D. in Social Work and Social Development, Addis Ababa University, MA in International Studies, Louisiana Baptist University; MSW in Social Work, Addis Ababa...
by AllureAdmin | Jan 14, 2022 | African News
The African Development Bank (ADB) approves a $1.5 million grant for COMESA and a $1 million grant for SADC to advance electricity regulation in the regions. The grants aim to aid in technical assistance to promote the development and adoption of electricity...
