Local Firm Sets up Data Centre for SMEs

Jun 14 , 2020


[ssba-buttons]

Ebiz Online Solutions Plc, in collaboration with the Addis Abeba Jobs Creation & Enterprise Development Bureau, has set up an information centre for micro- and small enterprises. The data centre, fully supported by information technology, has been operating for months under the name Kefeta. Aimed at helping smaller enterprises in Addis Abeba, the centre will make it easier for them to succeed in their business by making market information accessible and creating linkages. It is believed that the centre, which has a website, an android mobile app and a call centre, will contribute to creating more jobs in the city. Kefeta includes information related to enterprise, important phone numbers, a variety of business information and advice, as well as networking opportunities with volunteer business consultants. It also provides price packages for small enterprises to advertise their services online and create market links as well as all the tenders available in the country at a discounted rate through its website and mobile app.


Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilton Hotel Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...