Meta Faces $2.3bn Lawsuit Over Facebook’s Role in Ethiopia Killing

A Kenyan court will soon decide whether it has jurisdiction over a $2.3 billion lawsuit against Meta, filed by Abrham Mearag and others. They claim Facebook’s algorithms amplified hate speech, leading to real-world harm, including the murder of Abrham’s father during Ethiopia’s civil war. Despite repeated reports, Meta allegedly failed to remove dangerous posts. Since Facebook’s Ethiopian content moderators were based in Kenya, the plaintiffs argue Meta should be sued there. This case, one of three against Meta in Kenya, highlights the ethical concerns surrounding big tech’s responsibility and the treatment of low-paid content moderators in Africa.

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Visa outlines Ethiopia’s path to accelerated digital payment

Entitled, “Value of Acceptance: Understanding the Digital Payment Landscape in Ethiopia”, the report reveals rapid digital payment adoption among small and medium-sized enterprises (SMEs), with the vast majority recognizing the benefits for consumers. The report presents an encouraging outlook for Ethiopia with over 80% of the surveyed SMEs having started to accept digital payments in the last two years, citing increased convenience, reduced fraud risk, and improved efficiency. Furthermore, 66% agree that investing in digital payment technologies will support future business growth. Continue Reading...

Ethio Telecom launches AI-powered EV charging station to boost Ethiopia’s green economy

Ethio Telecom has launched an electric vehicle (EV) charging station in Addis Ababa to enhance Ethiopia's developing EV infrastructure. The facility can charge up to 32 vehicles simultaneously using three different charging methods. The chargers utilise artificial intelligence to optimise charging speed and power delivery according to the specific battery requirements of each vehicle and user preferences. Continue Reading...

Regulatory Hurdles Propel Ethiopian Fintech Startup to Neighboring Markets

Elite Fintech Solution, a local startup, has found a home in neighboring African countries after facing regulatory roadblocks in its base of operations. The three-year-old firm, founded by Alazar Solomon, is now bidding to transform SME credit facilitation in Kenyan, Mauritian, and Ugandan markets through the combination of AI tools and data analytics. Continue Reading...

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