Thursday, October 2, 2025

Ethiopian Tech Whiz to Lead MasterCard Foundation

MasterCard Foundation, one of the world’s largest philanthropies managing over $53 billion in assets, has appointed Sewit Ahderom, a seasoned Ethiopian tech leader, as its next president and CEO, effective January 1, 2026. Sewit’s elevation to the pinnacle of a pivotal Foundation driving inclusion in almost 40 countries across the continent, signals a decisive shift toward innovation and youth-focused solutions for Africa’s fast-growing economy. Read more here

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Ethiopia’s Operators Raise Tariffs Due to Macroeconomic Conditions

Both of Ethiopia’s operators – Ethio Telecom and Safaricom – have announced tariff rises, citing current macroeconomic conditions as the m...