Tech Innovation Competition Comes to Life

May 20 , 2023

A project that aims to energise the business community launched a competition to spotlight young startups with innovative ideas last week. It strives to register over 1,800 people from Addis Abeba, Bahir Dar, Dire Dewa, Jimma, Dessie and Wolayta cities by the end of the year and support through business training, mentorship seed funding, investment networking and boot camp events. Dubbed Solve IT, the nationwide competition aims to build a tech-savvy community and promote technology use as a tool for social development. iCog Ethiopia has partnered with the U.S. Embassy and Dashen Bank to launch the competition, with winners promised to be funded a one million Birr seed money to start their projects. Paulos Birhanu, project planner of iCog Ethiopia, said the competition has reached 3,700 youth in the past couple of years. The ceremony saw the attendance of Ruth Anne Stevens– Klitz, the public affairs council of the U.S. Embassy, Endale Gebresillassie, marketing manager of Dashen Bank and Paulos Birhanu, project planner of iCog Ethiopia.


Geda Special Economic Zone Receives Prospective Tenants

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Standard Institute Revamps Fees, Board Restructuring

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Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...