ECMA Licenses Gadaa Securities as Ethiopia’s Second Securities Dealer

ArifPay acquires a majority stake in Ethiopia’s first digital tipping platform, Jami, for 16M Birr. Founder Nathan Damtew remains CEO as the platform gears up for growth. By Etenat AwolDashen Bank has waived interest penalties for Telebirr microcredit borrowers who repay their original loans by Dec. 26, offering a brief holiday reprieve amid warnings of possible legal action. By Munir Shemsu