Saturday, November 14, 2026

Netsanet Raya

Name: Netsanet Raya

Education: MA in Development management

Company name: Elbat Solution

Title: Founder

Founded in: 2016

What it does: Enabling and accelerating digital finance

HQ: Addis Ababa

Number of employees: 30

Startup Capital: 500,000 birr

Current Capital: Growing

Reasons for starting the business: Addressing the missing middle in the digital finance arena

Biggest perk of ownership: Space for innovation and flexibility

Biggest strength: Understanding and solution oriented

Biggest challenging: Finding professionals

Plan: To be operational at scale and innovation solution

First career: Officer in financial institute

Most interested in meeting: Entrepreneurs

Most admired person: My father

Stress reducer: Sports

Favorite past time: Reading books

Favorite book: Return on integrity

Favorite destination: Historical places

Favorite automobile: None

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Russian film days to be held in Ethiopia for the first time

Ethiopia will hold for the first time the Russian...

AMG Investment Bank secures licence, targets Ethiopia’s emerging capital market

​AMG Investment Bank PLC has secured an investment banking...

Six bilateral deals left to finalize before Ethiopia’s WTO schedules move to verification

Ethiopia has just six bilateral market access negotiations left...

Wegagen Bank, ShebaMiles launch co-branded payment card

Wegagen Bank and Ethiopian Airlines’ ShebaMiles loyalty programme have...

Ethiopia introduces new tax rules for digital content creators

Ethiopia has introduced new income tax rules requiring digital...

Dollar demand outstrips supply as Birr weakens further in NBE’s latest auction

Demand for foreign currency in Ethiopia has continued to...

Ethiopia’s Kurmuk project moves into production, targets commercial operations by year-end

​Canadian miner Allied Gold Corporation has poured its first...
spot_img

Related Articles

Samrawit Seyum

Mikyas Solomon

Betelhem Tigabu

Sinedu Kebede

Medina Tafesse

Popular Categories

spot_imgspot_img