FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



LakiPay Gains NBE License, Moves Into Digital Payments


LakiPay Gains NBE License, Moves Into Digital Payments

LakiPay Financial Technologies S.C. has entered the country's growing digital payments market after securing a Payment System Operator license from the National Bank of Ethiopia in February 2025. The company says its launch supports the government’s Digital Ethiopia 2030 agenda by expanding accessible and inclusive financial technology services. LakiPay plans to integrate international payment networks such as Visa and Mastercard with domestic platforms including Telebirr, CBE Birr, and M-Pesa, aiming to simplify cross-border and local transactions for businesses and consumers. The company’s LakiPay Super App combines several services in one platform, including rent management tools, e-commerce solutions for merchants, a free ERP system for businesses, and a digital cash register that issues legally recognised receipts while supporting electronic payments. It also features a hospital management system designed for healthcare providers. LakiPay has embedded artificial intelligence into the platform through a voice assistant called "Ras," which allows users to access services in Amharic, Afaan Oromo, and Tigrigna. Executives say the integrated platform is intended to accelerate digital payments adoption and support the expanding digital economy.

[ssba-buttons]

Radar

Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


Radar

Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


Radar

Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...