16 Mar 2026, 08:38 UTC209 views2 reactionsread 8 August 2026 Ethiopia’s Digital Economy Is Growing Fast
Ethiopia’s digital ecosystem has expanded rapidly in recent years.
Key indicators of growth include:
• more than 60 million mobile subscribers
• rapid expansion of mobile money services
• growth in fintech startups
• expanding telecom infrastructure through Ethio Telecom.
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Digital services are becoming a major driver of economic growth, with sectors such as:
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16 Mar 2026, 08:37 UTC136 viewsread 8 August 2026 The Companies Dominating the Global AI Boom
Artificial intelligence has become the most competitive sector in the tech industry.
Some of the companies leading the AI race include:
• Nvidia — AI chips and computing infrastructure
• Microsoft — AI platforms and cloud computing
• Google — AI research and AI services
• OpenAI — advanced AI models
• Meta Platforms — AI systems and open-source models
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AI is…
16 Mar 2026, 08:36 UTC113 views1 reactionsread 8 August 2026 Top 5 Ethiopian Startups to Watch
Ethiopia’s startup ecosystem is still young, but several companies are gaining momentum in fintech, mobility, and digital services.
Some startups attracting attention include:
• ArifPay — fintech payments infrastructure
• Chapa Financial Technologies — online payment gateway
• Ride — ride-hailing platform
• ZayRide — mobility tech startup
• Afriwork — digital freelance marketplace…
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16 Mar 2026, 08:34 UTC97 viewsread 8 August 2026 Ranked: Africa’s Largest Fintech Companies
Africa’s fintech sector has grown into one of the continent’s most valuable technology industries.
Here are some of the largest fintech companies in Africa by valuation and market impact:
• Flutterwave — $3B+ valuation
• Chipper Cash — $2B+ valuation
• OPay — $2B+ valuation
• Wave — $1.7B valuation
• Paystack — acquired for $200M+
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Fintech is solving one of A…
16 Mar 2026, 08:32 UTC93 viewsread 8 August 2026 AI Is Driving a Global Wave of Tech Layoffs
More than 45,000 tech layoffs have been recorded globally in early 2026, with many linked to AI adoption and automation.
Around 20% of these job cuts are tied directly to AI-driven restructuring, as companies reorganize around new technologies.
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AI is reshaping the tech labor market.
While companies reduce some roles, they are simultaneously investing heavil…
15 Mar 2026, 10:28 UTC100 viewsread 8 August 2026 Photo
Global Markets React to Oil Shock and AI Restructuring
Global markets are navigating a volatile mix of energy disruption and rapid AI investment.
A supply shock in global oil markets combined with tech layoffs tied to AI infrastructure spending is influencing investor sentiment worldwide.
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The global economy is entering a new phase where:
• AI infrastructure investment
• energy market volatility
• cor…
15 Mar 2026, 10:25 UTC145 views1 reactionsread 8 August 2026 Photo
Ethiopia Approves New Artificial Intelligence University
Ethiopia has approved the creation of Medemer Artificial Intelligence University in Addis Ababa.
The new institution will focus on AI, advanced computing, and digital technology research.
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The university is part of Ethiopia’s broader digital transformation agenda, which aims to expand:
• artificial intelligence research
• digital infrastructure
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15 Mar 2026, 10:20 UTC80 viewsread 8 August 2026 Photo
Bank of Abyssinia and Visa Expand Digital Payments in Ethiopia
Bank of Abyssinia has expanded its partnership with Visa to accelerate digital payment adoption in Ethiopia.
The agreement aims to roll out more secure and seamless digital payment services, expanding Visa’s financial products within the Ethiopian banking ecosystem.
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Digital payments are becoming a core part of Ethiopia’s financial transfor…
14 Mar 2026, 07:09 UTC83 views1 reactionsread 8 August 2026 Photo
Habtamu Tadesse: Building Ethiopia’s Fintech Infrastructure
Habtamu Tadesse is the founder of ArifPay, one of Ethiopia’s pioneering fintech companies.
ArifPay provides mobile point-of-sale (mPOS) and digital payment systems that allow businesses to accept electronic payments through smartphones and POS devices.
Before launching ArifPay, he also founded ride-hailing platform ZayRide, helping digitize the taxi indus…
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14 Mar 2026, 07:06 UTC73 views1 reactionsread 8 August 2026 Photo
Ethiopian Startups Enter Global Innovation Programs
Twelve Ethiopian startups have been selected among the top 40 companies in a major African innovation program backed by the $1B Timbuktoo initiative.
The startups were chosen from 640 applications across 52 countries.
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Ethiopian startups are increasingly gaining international visibility.
Many of them are building solutions in:
• manufacturing techno…
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14 Mar 2026, 06:51 UTC69 viewsread 8 August 2026 Photo
Ethiopia Signs Potash Mining Agreement to Unlock Mineral Resources
Ethiopian Investment Holdings has signed a potash mining agreement with the Ministry of Mines to develop Ethiopia’s mineral resources.
The deal aims to accelerate exploration and commercialization of strategic minerals.
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Potash is a key ingredient used in fertilizer production, making it an important resource for global agriculture.
De…
14 Mar 2026, 06:38 UTC84 viewsread 8 August 2026 Photo
AI Startup Raises $1 Billion in One of the Largest Seed Rounds Ever
AI research startup AMI Labs has raised $1.03 billion in a seed funding round, one of the largest early-stage investments in startup history.
The company is building “world-model” AI systems designed to understand physical environments and support industries like robotics, manufacturing, and aerospace.
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Investors are betting that the n…
Showing the 12 most recent of 20 posts we hold for @BirrAndByte. View and reaction counts are the latest single reading for each post, not a live figure, and a recent post is still accumulating both. A view count marked ≈ was rounded by Telegram before we ever saw it — t.me prints views in full below 1,000 and to three significant figures above, so ≈1,200,000 means somewhere between 1,150,000 and 1,249,999. Unmarked counts are exact. Text is reproduced from the public post preview and truncated for length.