Japan-Backed Startup Project Eyes Enhanced Ecosystem in Ethiopia, Kenya, and Tanzania

Safaricom Ethiopia reported a staggering 42-billion-birr operating loss nearly four years after launching commercial operations, despite a 270% surge in revenue to 7.2 billion birr. By Team ShegaWith 97% accuracy in Amharic speech recognition, Hasab AI is blending open-source frameworks with proprietary models tailored to local dialects to unlock a new stage for Ethiopian speech technology. By Etenat Awol