13 June 2025

Ethio Telecom recently conducted a workshop aimed at empowering microfinance institutions and SACCOs across Ethiopia, focusing on the introduction of a new cloud-powered core banking system designed to modernise financial operations at the grassroots level.

The event brought together participants from various microfinance and cooperative institutions to demonstrate how the innovative platform can enhance operational efficiency, service quality, and digital security.

09 June 2025

Axian Telecom has acquired an 8% ownership stake in Jumia, Africa’s leading e-commerce platform. While specific details of the deal remain limited, Axian emphasized its ongoing dedication to advancing Africa’s digital economy through strategic investments in innovative companies like Jumia.

Supporting its core mission of delivering accessible, innovative, and inclusive digital services across the continent, Axian leverages its brands Yas (mobile) and Mixx by Yas (fintech) to drive digital transformation in various markets. The investment in Jumia aligns with these objectives, positioning Axian to play a significant role in the evolving e-commerce and fintech landscapes.