Issue 77: Super Apps, Digital Docs & E-procurement

Dear readers, We hope this newsletter finds you well. In this edition, we highlight some of the recent developments in Ethiopia's rapidly evolving startup and innovation landscape. Stay updated!If you are here because someone forwarded you this email, you can subscribe here to get future newsletters.

Ethio Telecom Transforms Mobile Money Platform Telebirr into Super AppEthio Telecom has taken its mobile money platform, telebirr, to the next level by transforming it into a super app. This upgraded platform offers a variety of services accessible through a single interface, including e-commerce, entertainment, food delivery, transportation, utility bill payments, and more. Read more.

Ahadu Bank Avails Digital Document AuthenticationAhadu Bank has entered into a partnership with the Federal Documents Authentication & Verification Agency to enhance customer compliance and lending systems. As part of the integration, Ahadu Bank can now directly verify and confirm authenticated power of attorney documents issued by the Agency.

Electronic Government Procurement Status Report According to the Public Procurement & Property Authority, the Electronic Government Procurement (eGP Ethiopia) system, which was launched to automate government procurement end-to-end, has registered 7588 suppliers, 74 procuring entities, and published 1031 tenders thus far.Following successful pilot testing, eGP Ethiopia was launched in September 2022 by making electronic procurement compulsory for 72 agencies.

ZamZam Bank Launches Internet-free Mobile Banking AppZamZam Bank, the pioneer in offering interest-free banking services in Ethiopia, has introduced an innovative mobile banking app, ZamZam Mobile, which operates without an internet connection. Read more.

Ride Enters Food Delivery Market, Sets Minimum Fee at 200 BirrRide, a top ride-hailing platform in Ethiopia, is expanding its services by entering the food delivery market. Read more.

Ethio Telecom vs. Safaricom: The Telecom Race in FiguresLast week Ethiopia's two telecom operators revealed their progress and launched new products, providing insights into their current customer base.According to calculations based on their latest announcements, both Safaricom and Ethio Telecom are onboarding approximately 15,000 users per day. Read more.

Ethiopia’s Push for EdTech, Hybrid Learning in a Post-pandemic World The COVID-19 pandemic highlighted the urgent need for a robust EdTech infrastructure in Ethiopia. With traditional learning methods disrupted, parents, policymakers, teachers, and students had to adapt to hybrid learning. Although there are challenges, such as limited internet access and digital literacy, Hybrid Education holds promise for Ethiopia. Read more.

Ethiopia’s Arifpay Emerges as a Frontrunner for Fintech Innovation of the Year Award Arifpay, Ethiopia’s first Payment System Operator licensed by the National Bank of Ethiopia, has been shortlisted for the Fintech Innovation of the Year Award at the 2023 East Africa Com Awards.The award recognizes groundbreaking products or services that provide significant new opportunities for revenue growth or customer satisfaction in their target market. The public vote will close on Friday, April 14, 2023, and the finalists will be announced on Wednesday, April 15. Vote.

Here is what we've been reading:

Two Harvard grads saw big profits in African education. Children paid the price.How Nigerians are using WhatsApp groups to fight food inflationAmazon deepens its presence in Africa with new fintech acceleratorIf you are here because someone forwarded you this email, you can subscribe here to get future newsletters.