Latest Tech news, analysis, market updates, and Ethiopia-focused business reporting from Aksion.ET, Ethiopia's capital market intelligence platform.
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A new financial management application, Mrkuz, has entered the Ethiopian market, aiming to centralize account monitoring and streamline payment verification for both retail busines...

Hardware manufacturer Canaan has suspended its Bitcoin mining activities in Ethiopia, leaving 35 percent of its global reported hashrate capacity inactive.

The National Bank of Ethiopia (NBE) has issued a Payment System Operator (PSO) license to CNETPay Financial Technologies S.C., authorizing the firm to operate payment gateway and p...

A joint UNDP and Development Bank of Ethiopia initiative has enabled 37 startups to secure financing with no defaults, prompting an extension of the program through the end of 2026.

Ethio Telecom is currently engaged in discussions with Netflix to resolve commercial and operational barriers that have stalled the full launch of the streaming platform in Ethiopi...

The Michu digital lending platform has reached 60 billion birr in total disbursements, adding 8 billion birr in new loans over the past three months.

Beamlak Alemayehu, founder of the Ethiopian platform Medanit Digital Health, has been honored with the Bayer Foundation Women Entrepreneurs Award 2026 for her contributions to healthcare innovation.