Shega

1 week ago | shega.co | Munir Shemsu

In the morning after a highly anticipated Champions League quarter-final bout two weeks back, some Ethiopian soccer fans were feeling angry at more than the match results. Many who had hoped to catch the game live from the comfort of their homes were fuming with rage as their DSTV subscriptions did not broadcast the game. Over the next few days, several videos surfaced on social media depicting individuals throwing their Multichoice decoders into the trash.

2 weeks ago | shega.co | Etenat Awol

Addis Ababa trails far behind in digital adoption among Micro and Small Enterprises (MSEs), ranking lowest out of five global cities in a new study by the Center for Financial Inclusion at Accion. The results expose deep-rooted infrastructure gaps, digital illiteracy, and limited financial access that continue to stall the city's small business sector.

2 weeks ago | shega.co | Munir Shemsu

Six months after issuing 100 million ordinary shares in Ethiopia’s first-ever Initial Public Offering (IPO), Ethio telecom has announced that it sold just 10.7 million of them. The share sale, originally scheduled to run from October to January, was extended by five weeks, closing in February. At a ceremony held Friday afternoon at the Skylight Hotel, CEO Frehiwot Tamiru revealed that 47,377 investors participated over 121 offer days, purchasing shares valued at 3.2 billion birr.

3 weeks ago | shega.co | Etenat Awol

Terahash , a German Bitcoin mining firm spun off from the family-owned Klager Group, is preparing to launch operations at its first facility in Ethiopia. The company is raising $5 million to build a 10-megawatt (MW) site near Addis Ababa, set to begin operations within two to three months. The mining facility, being developed with two local partners, marks Terahsh’s entry into Ethiopia’s budding bitcoin mining industry.

1 month ago | shega.co | Etenat Awol |Daniel Metaferiya |Munir Shemsu

Amid mounting calls for increased doctors’ salaries, a new telemedicine platform launched last week, allowing physicians to keep 80% of fees earned from video consultations. Tenadoc kicked off its operations featuring 50 medical doctors who sub-specialize in over 12 areas of expertise. The platform blends video medical consultations, digital prescriptions, medical record and hospital appointment services through a mobile application.