Friday, November 22African Digital Business Magazine

Ethiopia News

Ethiopia News

Ethiopia News

Ethio Telecom – An African Model for UN-Driven Corporate Climate Action at COP29

Six Years of Commitment to Reforestation and Climate Resilience Inspire Call for Global Corporate-UN Collaboration As COP29 unfolds in Baku, Azerbaijan, the focus on contributions to climate goals has taken center stage. Among the most compelling examples of proactive climate action comes from Africa, where Ethio Telecom, Ethiopia’s leading 130 years old telecom provider, has spent the past six years planting millions of trees as part of Ethiopia's broader Green Legacy initiative. This remarkable effort not only demonstrates a powerful local solution but also suggests a promising model for the United Nations to scale climate action globally by mobilizing corporate partnerships. Pioneering Climate Accountability Through Tree Planting Since 2019, Ethio Telecom has spearheaded a six-year t...
African News, Ethiopia News, Events

AU-EU Youth Voices Lab – Power of the Collective. Empowering Youth Across Africa and Europe

On 14th October 2024, the AU-EU Youth Lab programme officially launched in Addis Ababa, Ethiopia, marking a pivotal milestone in empowering African youth and fostering their active participation in decision-making processes. The Kick-off ceremony gathered key partners from the AU-EU Youth Voices Lab and AU-EU Youth Action Lab, alongside members of the Youth Advisory Board (YAB), the EU-Ethiopia Youth Sounding Board, and youth representatives from across Africa. High-level dialogues with decision-makers, including H.E. Jutta Urpilainen, EU Commissioner for International Partnerships, and H.E. Javier Niño Pérez, EU Ambassador to the African Union, showcased the Lab’s transformative potential for youth engagement on the continent. The complete video of the ceremony is accessible online, off...
Ethiopia News, Startups

Ethiopia Builds Wealth for Tomorrow with Startups as the Universal Engines in the Growth and Development of Governments and Countries

Addis Ababa, Ethiopia: As the host nation of the Global Startup Awards Africa, Ethiopia launched the inaugural national Ethiopian Startup Awards on 3rd June 2024 at the Entrepreneurship Development Institute (EDI). This follows the success of the Global Startup Awards Africa Summit held in October 2023 in Addis Ababa and forms an integral part of the national agenda to prioritise innovation and entrepreneurship for the next 10 years of implementing the country’s prosperity roadmap. This year's Global Startup Awards Africa 2024 competition garnered 11,900 entries from across Africa, with Ethiopia contributing 24% of the Eastern region's entries. Notably, Ethiopian startups showcased remarkable growth in participating in the awards with a 400% growth in applications since 2023, underscori...
Ethiopia News, Nigeria News, Startups

Three Nigerian startups scoop top awards at Global Startup Awards Africa, Addis Ababa

Nigerian startups continue to enhance their reputation as some of the most innovative and dynamic players in the continent’s startup ecosystem, after the region walked away with three top awards at the Global Startup Awards (GSA) Africa Summit recently held in Addis Ababa. The GSA Africa in collaboration with the Global Innovation Initiative Group (GIIG), the Ethiopian Ministry of Labour and Skills (MOLS), the Ethiopian Ministry of Innovation and Technology (MInT) with the support of the Entrepreneurship Development Institute (EDI) Ethiopia, revealed the names of 16 overall African category winners. At the spectacular awards ceremony in the Ethiopian capital, three Nigerian startups were among the winners. Emergency Response Africa’s critical initiative to connect individuals experienc...
Global Startup Awards Africa Announces 16 Category Winners Innovating for a Global Africa at the history-making Summit in Addis Ababa, Ethiopia
Egypt News, Ethiopia News, Kenya News, Nigeria News, Startups

Global Startup Awards Africa Announces 16 Category Winners Innovating for a Global Africa at the history-making Summit in Addis Ababa, Ethiopia

The Global Startup Awards Africa (GSA) Africa, in collaboration with the Global Innovation Initiative Group (GIIG), the Ethiopian Ministry of Labour and Skills (MOLS), the Ethiopian Ministry of Innovation and Technology (MInT) with the support of the Entrepreneurship Development Institute (EDI) Ethiopia, revealed the names of 16 category winners at the GSA Africa Summit in Addis Ababa, Ethiopia.  The GSA Africa awards began in 2021, a journey that has led to over 15,000 African innovators nominated from 54 countries, support of 300 jury members, ambassadors, and hundreds of innovation hubs across the continent. Jo Griffiths, co-founder of the GSA Africa and GIIG, highlighted, “The Global Startup Awards Africa aims to raise the visibility of African innovation as a unifying mechanism that...
Ethiopia News, Startups

Innovating a Global Africa: Global Startup Awards Africa Summit embeds innovation across startup nations

The upcoming Global Startup Award (GSA) Africa Summit, scheduled from 25-27 October at the Ethiopia Arts & Science Museum in Addis Ababa, is a monumental occasion for Ethiopia, a potential-laden country, signalling a significant milestone in the country's entrepreneurial journey. As we enter the Decade of Action, the GSA Africa platform seeks to showcase African world-changing innovation through a Sustainable Development Goal-aligned lens on the global and local stage.  Her Excellency, Ms Muferihat Kamil, Minister of Labour and Skills of Ethiopia will make an address on the first day of the summit. “Job creation and youth employment are crucial for the ongoing economic development of Ethiopia. Given the presence of a sizable young population eager to contribute, it is highly import...
MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)
Angola News, Ethiopia News, Ghana News, Kenya News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Senegal News, South Africa News, Startups, Zambia News

MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)

MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical role SMMEs play, MultiChoice launched the MultiChoice Africa Accelerator programme which trained 29 businesses across 9 African countries in key entrepreneurial skills. As the second leg of the programme, a panel of experts has selected 11 of the most promising small businesses and invited them to pitch to prospective international investors in Dubai. “There’s no denying the impact African SMMEs have on job creation and econ...
2 Ethiopian startups are in the running for TAW (Tech African Women) prize
Ethiopia News, Startups

2 Ethiopian startups are in the running for TAW (Tech African Women) prize

The TAW (Tech African Women) program, launched by the UNECA (United Nations Economic Commission for Africa) in partnership with Betacube, closed its 3-day Ethiopian bootcamp on September 9th, 2022. The event was organized in partnership with AdoreAddis and the two Ethiopian winning startups were each awarded the program's participation prize of $2,000. The selection process was based on the market potential of each startup idea and was made after a pitching competition in front of a local jury panel representing different actors in the ecosystem. The focus on social impact and women entrepreneurs makes this an important initiative that is sure to have a positive effect on the development of Africa as a whole. The goal of this bootcamp was to provide young entrepreneurs with the tools the...
Tanzanian startups nominated for TAW final in Ethiopia
Ethiopia News, Startups, Tanzania News

Tanzanian startups nominated for TAW final in Ethiopia

The TAW (Tech African Women) program, launched by the UNECA (United Nations Economic Commission for Africa) in partnership with Betacube, closed its 3-day Tanzanian bootcamp on the 31st of August 2022. The two Tanzanian winning startups were awarded the program's participation prize, with $2,000 for the first winner Ujana. The selection was based on the market potential of each startup idea and was made after a pitching competition in front of a local jury panel representing different actors in the ecosystem. During this closing day of the Tanzanian bootcamp, an award ceremony was organized for the candidates. The two nominees were Ujana, an E-commerce platform for Sexual-Reproductive health supplies (1st prize) and Plate AI (2nd prize), a food app that recommends thousands of healthy foo...
Ethiopia News, Ghana News, Kenya News, Main, Mauritius News, Mozambique News, Namibia News, Nigeria News, South Africa News

The rapid rate of competition law developments across Africa

By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie's latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over the past two years, African competition regulators have actively engaged in efforts to address pandemic-related challenges, but there has also been a general upward trend in competition policy enforcement across the continent. This trend is highlighted by a number of significant recent developments in competition law regulation across the continent. Co...