A neighboring country to Kenya where Safaricom has expanded its services, marking a significant step in regional telecommunications.
NCBA looks to DRC and Ethiopia as acquisition strategy expands across Africa
NCBA Group is preparing to expand into the DRC and Ethiopia, seeking acquisition opportunities. Managing Director John Gachora indicated that NCBA aims to enter these markets shortly after the Nedbank acquisition.
Stanbic Explores New Banking Venture in Ethiopia
Stanbic Bank is evaluating options for entering Ethiopia's banking sector. The lender is considering establishing a wholly owned operation in Ethiopia.
56 Startups From Nigeria, Ghana and Ethiopia Join SIA Startup Foundry 3.0
SIA Startup Foundry 3.0 launched its latest cohort with 56 early-stage startups. The bootcamp focuses on business model refinement, product development, and market validation.
AI Regulation in Africa 2026: New Laws, Compliance Risks, and Startup Opportunities
Nigeria introduced its National Digital Economy and E-Governance Bill, mandating licenses for high-risk AI systems. 44 African countries have implemented data protection laws, with 38 establishing enforcement authorities.
Standard Bank & Safaricom Telecommunications Announce USD 138 Million Partnership
Standard Bank partnered with Safaricom Telecommunications to fund USD138 million for digital infrastructure in Ethiopia. The bank acted as the sole arranger, lender, and facility agent for the term facility to Safaricom Telecommunications Ethiopia PLC.
