Issue 97: Fresh Resolutions & Revised Regulations

Hi, Here is how the past week went in Ethiopia's startup and innovation ecosystem.If you are here because someone forwarded you this email, you can subscribe here to get future newsletters.

Third Telecom License Could Potentially Be Issued by 2024: Authority Balcha Reba, the Director General of the Ethiopian Communication Authority, has indicated that Ethiopia could grant its third telecommunications license within the next four months. Read more.

Kacha Receives Commercialization ApprovalKacha Digital Financial Service, a private mobile money service provider, has received official approval from the National Bank of Ethiopia (NBE) to launch full-scale commercial operations. Read more.

Authority Takes Aim At Subpar Telecom Service with Upcoming RegulationThe Ethiopian Communication Authority is set to unveil stringent new performance standards for mobile network operators and internet service providers. According to the Reporter, this move aims to address the longstanding issue of inadequate connectivity that has been a source of frustration for consumers.Mobile network operators and internet service providers that fall short of these benchmarks will be subject to monetary penalties. Read more.

DHL Names New Country LeadKidist Teklu, who has over a decade of experience in the logistics sector, has been appointed as the country manager for DHL in Ethiopia, succeeding Silvio Weiland. Prior to this role, Kidist served as a country manager at ISS Global Forwarding and held the position of marketing director at Panafatic Global, Fortune reported.

New Ethiopian Dating App Blends Innovation with CultureAiming to address dating challenges in the modern world while honoring local norms and values, two tech firms have developed a marriage-focused Ethiopian dating app dubbed Ethio Marriage. Read more.

Government Adopts Tracing Tech to Combat Counterfeit Educational Credentials

The Ethiopian government is tapping into tracing technology to address the prevalent problem of counterfeit educational credentials within the nation. Read more.

Ethiopia Aims for 16 Billion Birr VAT Revenue Target from Telecom Sector

The Ethiopian government is aiming to collect a revenue of 16 billion birr solely from telecom VAT in the current fiscal year. A proposed VAT legislation is in its final stages of consultation. Read more.

Here is what we've been reading:

Kenyan logistics startup Sendy shuts down, embarks on asset saleNigerian tech workers are going remote, and pricing out locals in smaller citiesWhy the University of Cape Town leads Africa in producing tech startup CEOsIf you are here because someone forwarded you this email, you can subscribe here to get future newsletters.