Medical Entrepreneurs Victorious in Tech Competition

Oct 28 , 2023


A year-long competition challenging skills such as pitching business ideas, interpersonal communication and impactful mentoring was completed last week. Dashen Bank has rewarded a one million Birr prize split among the top four during the event held at I-Cog lab premises on Namibia Street (Bole Medhanealem). Solve It was launched five years ago to stimulate technology entrepreneurship across different cities, aiming to empower local youth to devise innovative solutions to problems in their immediate surrounding. Bethelem Dessie, a tech personality behind 'Any One Can Code', congratulated the winners Debora Sintayehu and Alebachew Alemanew who developed a bone infection detection and therapeutic machine. The competition was organised in partnership with the US Embassy to highlight innovative ideas and create successful companies by providing access to finance and mentorship.


Radar

Ethiopia Buys Time, Not Relief as Creditors Stall on Debt Write-Off

Ethiopia's official creditors expect to finalise a draft restructuring of the country's debt in the coming months, granting the government more time to repay its obligations while avoiding a direct reduction to the initial debt amount. Ethiopia defaulted on its external debt in December 2023, before its leaders announced a preliminary deal in March with its Official Creditor Committee to reorganise 8.4 billion dollars, an essential step in moving beyond sovereign default. Under the agreement...


Radar

Road Injuries Increase by 35pc, with Pedestrians Most Affected

Addis Abeba's streets continue to present fatal risks for pedestrians, who account for 86pc of all traffic fatalities reported in 2023/24. Megenagna emerged as a particularly hazardous area, logging the highest number of fatalities, including 13 deaths. While the number of pedestrian deaths has dipped slightly, overall injuries have surged by 35pc since 2020/21, with eight out of 10 injuries involving those on foot. The Addis Abeba City Administration revised its 13-year road safety strate...


Radar

Awash Insurance Customer Week Discount

Awash Insurance Company(AIC), serving for over 30 years, gives a 25pc discount on Mortgage Redemption Insurance (MRI), Individual Life Insurance, Education Insurance, Workers' Compensation Insurance, and Fire & Lightning Insurance. This was announced during the celebration of Customer Week at their headquarters, on April 7,2025. Jibat Alemneh, CEO of the company said, Vehicles owners that purchased thier cars with full insurance coverage will receive enhanced benefits at no extra cost at...