Startups Archives - Ethio Negari

14 Jun

MasterCard Foundation Grants $720,000 to 12 Ethiopian Tech startups

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, Edtechfellowship, EthioNegari, Ethiopia, Ethiopianews, Mastercardfoundation, Startups

-Reach for Change kicks off the Mastercard Foundation EdTech Fellowship with an Inaugural Cohort of 12 Enterprises After an eight-week call for applications, Reach for Change Ethiopia has today announced the first cohort of 12 EdTech entrepreneurs who will join the Mastercard Foundation EdTech Fellowship. The Fellowship program is part of a partnership between Reach for Change and the Mastercard Foundation to provide the selected EdTech enterprises with critical business and financial support and insight into the science of learning, preparing them for scale, sustainability, and impact. "We believe that the 12 EdTech Fellows have the potential to transform education…

Ethiopia Grants Tax Exemption for Start-Ups

ethionegari@gmail.com0 CommentsBusiness, NewsAddisAbaba, EthioNegari, Ethiopia, Ethiopianews, Innovation, Startups

The Ethiopian Startups Exhibition Fair is currently underway at the Addis Ababa Science Museum, showcasing the burgeoning entrepreneurial spirit in the country. Prime Minister Abiy Ahmed, speaking at the Exhibition opening ceremony, highlighted the government's efforts to foster a conducive environment for start-ups, including the provision of various incentives. Among the reforms introduced to support start-ups are tax-free opportunities, allowing them to retain full foreign currency earnings from international transactions. Additionally, the requirement for a physical office space to obtain a business license has been eliminated, streamlining the registration process for aspiring entrepreneurs. Furthermore, the government is facilitating access to…

Ethio Telecom Launches Its Ethiotel Innovation Program.

ethionegari@gmail.com0 CommentsBusiness, NewsAddisAbaba, DigitalEthiopia, EthioNegari, Ethiopia, EthioTelecom, Huawei, newtechnology, Startups, Technology

Ethio Telecom Launches Its Ethiotel Innovation Program. Addis Ababa, Ethio Negari, 7 February 2023 Ethio Telecom launched the Ethiotel Innovation Program in collaboration with Huawei Ethiopia to empower the nation’s technology-based startups. The program would empower and support the nation’s startup digital finance and technological businesses and innovators far beyond its all-around efforts to expand and modernize services. At the launch ceremony, Ethio Telecom CEO Frehiwot Tamiru stated that it is a golden opportunity for startups to accelerate the country's aspiration of realizing digital Ethiopia. She also stressed that the program will have paramount national significance in empowering and supporting…