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New Netpreneur Programme Targets Startup Growth in Collaboration with Alibaba


New Netpreneur Programme Targets Startup Growth in Collaboration with Alibaba

At the launch of the Ethiopia Netpreneur Programme, Innovation & Technology Minister Belete Molla (PhD) reaffirmed the government’s commitment to building a strong digital economy through its ongoing partnership with Alibaba Group, first initiated in 2020. He said the initiative would help strengthen the country’s startup ecosystem. Bahru Zeinu, president of the Digital Transformation Ethiopia Association (DTEA), said the programme builds on earlier initiatives, including the Global Digital Talent Academy in Addis Abeba and Africa’s first Alibaba Summit. He noted that top-performing participants will travel to China for practical exposure to Alibaba’s e-commerce operations. The programme forms part of broader efforts to develop digital skills, foster institutional collaboration, and position Ethiopia as a regional hub for innovation and entrepreneurship.

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Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...