Issue 136: Security in Focus

Issue 136: Security in Focus

Hello

This week's newsletter brings developments in agritech, cybersecurity, junk fees, and infrastructure. The past week was also special to us as we launched the DFS Ethiopia Hub. The platform is designed to provide comprehensive data, insights, and resources into the finance sector in Ethiopia.

The hub is part of the three-year AKOFADA (Advancing Knowledge on Financial Accessibility and DFS Adoption) project, which aims to empower financial institutions, decision-makers, enablers, and end users while supporting Ethiopia’s digital finance ecosystem.

DFS Ethiopia Hub’s key features include:

Comprehensive Data Access: Offering users extensive DFS and related data to help them make strategic decisions.

High-Quality Insights: Offers access to original articles, case studies, and reports produced in-house, equipping industry stakeholders with unique local insights and understanding of DFS in Ethiopia.

Resource Hub: A one-stop shop that aggregates a curated list of news articles, reports, assessments, and discussions on DFS in Ethiopia for easy access. Visit DFS Ethiopia Hub

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Safaricom Ethiopia Eyes New $350 Million Loan from IFCThe International Finance Corporation (IFC) is set to lend Safaricom Ethiopia an additional $350 million to support its expansion of telecommunications and mobile money services in the country. Read More.

Federal Police Builds App to Enable Citizens to Report CrimePrime Minister Abiy Ahmed officially launched the Ethiopian Federal Police’s EFP Citizen Engagement App, which will enable citizens to easily report crimes. Read More.

Chinese Logistics Firm Launches App to Streamline Container Handling 

A Chinese private logistics company availed its multilingual mobile applications designed to streamline container handling processes for local businesses. Dubbed arl-shipping, the platform aims to tackle inefficiencies by scanning truck license plates, container IDs, and other details, reducing manual data entry and the potential for errors. Read More.

Hidden Transaction Charges Hamper Ethiopia’s Digital Financial Progress 

Ethiopia’s digital financial services are booming, but many providers aren’t transparent about their fees. This lack of transparency hinders trust, especially in countries like Ethiopia where financial inclusion is a work in progress. Read More.

Agricultural Education Goes Digital 

QesBeQes project, an initiative aimed at modernizing agricultural education, has graduated five startups dedicated to digitizing agricultural training modules. Read More.

INSA Holds National Cyber Security Talent Competition 

The Information Network Security Administration (INSA) is holding a national cyber security talent competition program. Read More.

Safaricom Ethiopia Receives First Locally Made Network TowersSafaricom Ethiopia has received its first batch of locally manufactured network towers from Woda Metal Manufacturing. Read More.

Chapa Secures Spot in Visa's Africa Fintech Accelerator Program 

Fintech startup Chapa has been selected for the second cohort of Visa's Africa Fintech Accelerator program. Read More.

Here is what we've been reading:

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