12 Aug 2026, 08:08 UTC550 views4 reactionsread 13 August 2026 Photo
Issue 251 of Shega Weekly, “Official Carousels,” is here.
A week of institutional resets, and a question running beneath them: when Ethiopia rewrites the rules, what actually changes?
This week:
• 🛡 New cybersecurity requirements for critical infrastructure
• 📈 ESX founding CEO Tilahun Esmael Kassahun steps down
• 🏛 Addis Ababa moves to rewrite its procurement rules
• 💳 CNETPay receives an NBE payment operator lice…
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11 Aug 2026, 07:53 UTC978 views4 reactionsread 13 August 2026 Photo
Ethiopia is preparing to rewrite three of its core intellectual property laws, some of which were drafted before smartphones, mobile money and the digital economy existed.
The reforms are overdue. But the more interesting question is whether outdated legislation is actually the main constraint on innovation.
Founders often point to something harder to legislate: weak enforcement. Rights may exist on paper, but if i…
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10 Aug 2026, 10:23 UTC≈1,120 views3 reactionsread 13 August 2026 Photo
The Ethiopian Bankers Association’s Credit Committee spent 41 pages arguing manufacturers are not being denied credit.
Yet NBE data shows manufacturing at just 16.2% of lending, while trade takes 41.5%.
Both can be true.
The Committee points to a one-off accounting shift at CBE and real issues, weak studies, borrowed equity, and misused loans. It even admits credit officers reject viable projects they don’t unders…
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7 Aug 2026, 12:32 UTC≈1,880 views6 reactionsread 13 August 2026 Photo
Ethiopia’s telecom sector has crossed a quiet but decisive threshold.
For the first time, mobile data and internet revenue (31.1%) have overtaken voice (23.5%) at Ethio telecom. It is a structural shift, not a seasonal one.
Behind the numbers is a deeper transformation: 4G now reaches 1,200 cities, 5G spans 33, and a 23,000 km fiber backbone is reshaping access. Smartphones, fintech, and public digital infrastructu…
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7 Aug 2026, 09:42 UTC≈1,660 views4 reactionsread 13 August 2026 Photo
A 502 billion Birr budget that has grown several-fold over the past few years, is now confronting procurement systems that auditors say are already strained.
Nearly 2 billion Birr in uncollected receivables. Documented violations. Gaps in oversight.
A new draft directive aims to fix this with six major shifts: splitting procurement authority, devolving discretion, raising tender thresholds, introducing leasing, ena…
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6 Aug 2026, 10:55 UTC≈1,640 views5 reactionsread 13 August 2026 Photo
Techurate Systems has unveiled an AI-native platform built around task-specific agents, promising to compress product deployment timelines from years to weeks.
From onboarding to credit scoring and fraud detection, the model unbundles core banking functions into modular intelligence layers.
The pitch lands at a moment when digital payments infrastructure is rapidly being deployed across Ethiopia.
The question is n…
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5 Aug 2026, 08:15 UTC≈1,510 views3 reactionsread 13 August 2026 Photo
EdTech can reshape learning, but in Ethiopia its impact remains uneven.
At June’s EdTech Mondays, the key message was clear. The constraint is not devices, but readiness. Teachers come first.
Without the ability to adapt tools for diverse classrooms, especially for students with disabilities, technology risks reinforcing exclusion.
Access gaps persist. Connectivity remains uneven and often unaffordable, while poli…
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5 Aug 2026, 07:28 UTC≈1,410 views2 reactionsread 13 August 2026 Photo
Issue 250 of Shega Weekly, “Phantom Triumphs,” is here.
A quiet milestone for us and a week that reflects it. Less about breakthroughs, more about what sits beneath them.
This week:
• ⛽️ OLA–TotalEnergies deal faces regulatory scrutiny
• ✈️ Bishoftu airport bid delayed as USD 9bn financing is arranged
• ⚖️ Hulu Sport wins in court, but remains shut
• ⛏️ USD 4bn mining deal collapses amid regulatory and geopolitica…
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3 Aug 2026, 10:08 UTC≈1,700 views5 reactionsread 13 August 2026 Photo
A cold July morning, 264 bidders, and a clear signal: Addis Ababa’s latest commercial auction appears peculiar.
Demand clustered hard. Three shops in Bisrate Gebriel drew over a third of all bidders, with prices diverging sharply even for identical units.
Meanwhile, 67 units in Sidist Kilo, 85% of the auction by count, received not a single offer.
This is bid rent theory in practice. Location still dictates value.…
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1 Aug 2026, 15:08 UTC≈2,130 views12 reactionsread 13 August 2026 File
If you invest, operate, advise, or build in Ethiopia, July 2026 brought quieter but structural policy shifts.
Shega’s fourth Policy Monitor tracks what changed:
• NBE has largely shifted to an interest-rate-based framework, but with credit still growing above 45%, transmission is the real test
• University leadership is being restructured with competitive selection, 40% strategy weighting, and fixed six-year terms…
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30 Jul 2026, 14:54 UTC≈2,280 views4 reactionsread 13 August 2026 Photo
A Century-Old Name Enters a New Market: Bank of Abyssinia Lists on the ESX
Every listing is a statement of belief in the future. On July 28, 2026, Bank of Abyssinia made that statement by joining the Ethiopian Securities Exchange under the ticker BOAX, marking another step in the country’s evolving capital market.
The move opens the bank’s ownership to a broader investing public while reinforcing its role in financ…
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30 Jul 2026, 12:28 UTC≈2,160 views10 reactionsread 13 August 2026 Photo
A 10 birr note now costs roughly 6 US cents to produce and is worth about 6 US cents to spend.
That arithmetic is part of the reason National Bank of Ethiopia has all but stopped printing it, and why kiosk owners in Addis Ababa spend part of every day taping ragged notes back together rather than refusing them.
Shega traces how currency redesign, a falling birr, and thin foreign reserves converged to make Ethiopia…
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