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Ethiopia’s National Bank considers guidelines for cryptocurrency use Ethiopia CryptocurrenciesThe National Bank of Ethiopia (NBE) may soon release guidelines permitting the use of "crypto assets" and digital currencies, according to Governor Mamo Meheretu.December 20, 2024
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Ethiopia's bitcoin mining industry commands 2.5% of global hash rate Ethiopia CryptocurrenciesEthiopia is rapidly emerging as a significant player in the global Bitcoin mining industry, currently accounting for 2.5% of the world's hash rate.December 6, 2024
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Ethiopia's bitcoin mining industry generates $55 million Ethiopia CryptocurrenciesEthiopia is rapidly becoming a significant player in the Bitcoin mining industry, generating $55 million in revenue over the past ten months.November 7, 2024
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Ethiopia imposes prison sentences for illegal lottery participation EthiopiaIndividuals engaged in illegal lottery activities in Addis Ababa's Addis Keta sub-city have faced significant penalties, including imprisonment and fines.October 5, 2024
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Ethiopian Lottery Service seeks partner for digital transformation initiative Ethiopia LotteryThe Ethiopian Lottery Service (ELS) is seeking a strategic partner to drive its digital transformation.August 31, 2024
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Ethiopia's Addis Ababa implements total ban on sports betting amid NLA concerns Ethiopia Sports bettingThe Addis Ababa Peace and Security Administration Bureau has implemented a complete ban on sports betting and gambling establishments within the city limits.August 19, 2024
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Ethiopia's Convex Technologies teams up with GoldenRace to enhance African gaming market Ethiopia TechnologiesLeading provider of virtual sports betting solutions, GoldenRace, has announced a strategic partnership with Convex Technologies, a premier platform provider based in Ethiopia.August 12, 2024
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Ethiopia's Tamirat Tola breaks Olympic record to win men's Marathon gold EthiopiaEthiopia's Tamirat Tola secured the gold medal in the men’s marathon at the 2024 Paris Olympics on Saturday, setting a new Olympic record with a remarkable time of 2 hours, 6 minutes, and 26 seconds.August 10, 2024
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Ethiopia embraces digital currency: CBDC law approved alongside bitcoin mining push Ethiopia CryptocurrenciesEthiopia's financial sector is undergoing a major transformation. The Council of Ministers recently greenlit a legal framework for a central bank digital currency (CBDC) while simultaneously pursuing policies to attract bitcoin miners.June 19, 2024
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Kiron Interactive expands partnership with Hulu Sport in Ethiopia Kiron Interactive EthiopiaKiron Interactive, a prominent provider of virtual sports and numbers games, has recently announced a significant expansion of its collaboration with Hulu Sport, a top-tier operator in Ethiopia. This expansion introduces the innovative Mobile Lite Football Leagues product, branded as the Hulu League, to the Ethiopian market.April 30, 2024