State-owned Telco Dives Further Fuel Digitsation


State-owned Telco Dives Further Fuel Digitsation

Fuel supply chain management, third-party insurance and coupons are availed on the Telebirr platform as the state-owned telecom upgrades its digital ecosystem. The collaborative endeavour includes the Ministry of Trade & Regional Integration, Ethiopian Petroleum & Energy Authority and Ethiopian Petroleum & Supply Enterprise. It will entail integrated information access to the regulating authorities and was unveiled at the Skylight Hotel last week. The announcement comes a week after authorities at the Authority suspended 40 gas stations across the capital and the surrounding Sheger cities for the failure to comply with the digital payment system. Digital fuel coupons aimed at streamlining payment transactions are targeted at decreasing operational costs and improving security for fuel stations. The Ministry of Transport & Logistics through the Road Safety & Insurance fund engaged with Ethio telecom to put forth a third-party insurance digital system which will give companies centralized access, timely payments and real-time reporting.


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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...


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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...


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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...