Ethiopian Business Review

Samrawit Fikru is the creator of Hybrid Design, a company behind the most popular taxi hailing app in Ethiopia, Ride. Samrawit is always trying to identify problems and respond accordingly. It was likely this quality that was the key to her success. Transformed from an SMS-based on demand service to a mobile app, Ride is now used by more than 1,300 drivers and has been downloaded over 50,000 times. EBR’s Samson Berhane sat down with the 29 year old entrepreneur to learn about her journey to success and the challenges she has faced so far.

Monday, 15 April 2019 03:00
Published in Investment
Written by
Read more... 0

For many female entrepreneurs in Ethiopia, starting and running a business is a very challenging prospect. One of the biggest issues facing women in Ethiopia is access to finance. Traditional loan models rely on collateral and credit histories, which many women do not have. However, some new investment models have arisen, including angel investing, which involves investors, sometimes in foreign countries, investing in small and medium enterprises in developing countries, sometimes for a small cut of the company. EBR’s Ashenafi Endale explored this new avenue for women to start their businesses.

Monday, 15 April 2019 00:00
Published in Investment
Written by
Read more... 0

Public procurement has long been a subject of discord in Ethiopia. While other developing countries have managed to use public procurement as an avenue for growth, the procurement system in Ethiopia seems to have become a hotbed of corruption. The arrests of almost 100 government officials to do with mega projects threw the issue further into the public eye. But now, there has been a push to reform the procurement regulations and address the gaps that created an opportunity for improper conduct. EBR’s Ashenafi Endale reports.

Saturday, 16 February 2019 06:00
Published in Investment
Written by
Read more... 0