Kazana Group’s Smilepay Debuts as Ethiopia’s Latest Licensed Remittance Platform

The AfDB’s latest Country Focus Report highlights the stark contrast between Ethiopia’s economic potential and its persistent development gaps. Economic growth amid poverty, debt and unemployment. By Team ShegaFive Ethiopian startups win $40,000 through Heifer International’s 2025 AYuTE Challenge, backing local agri-tech innovation with funding, mentorship, and exposure. Nanex took the top prize. By Daniel Metaferiya