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Is regulation needed for electronic taxi-hailing companies in Ethiopia?

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Over the past eight years, Ethiopia’s electronic taxi-hailing industry has grown remarkably. More than 50 companies entered the market, attracted by rising smartphone adoption, urbanization and changing consumer expectations. Yet today, fewer than 10 sizable operators remain, competing intensely for market leadership while most earlier entrants have disappeared. This raises an important policy question: Has the industry matured to the point where Ethiopia needs a dedicated regulatory framework and a clearly mandated regulator for electronic taxi-hailing services?

The sector has evolved far beyond simply connecting passengers with drivers. Modern taxi-hailing platforms process millions of digital transactions, manage large volumes of personal and location data, coordinate thousands of drivers and increasingly integrate payment systems, mapping technologies and digital identities. As a result, the industry now intersects with transportation, financial services, digital technology, consumer protection, cybersecurity, taxation and investment policy.

The pioneer of the industry, RIDE, operated by Hybrid Designs PLC, has publicly advocated across several government institutions for a regulatory framework that establishes clear rules for the sector while discouraging informal economic activities. Supporters of this approach argue that regulation should not be viewed as an obstacle to innovation but rather as the foundation for sustainable growth, fair competition and investor confidence.

Industry observers note that responsibility for electronic taxi-hailing is currently shared across multiple government institutions, each overseeing only part of the ecosystem. Transportation authorities regulate mobility, investment agencies oversee foreign investment, tax authorities focus on revenue collection, financial regulators supervise payment systems and cybersecurity institutions address digital risks. While each plays an important role, the absence of a single coordinating authority may create regulatory gaps, overlapping mandates and uncertainty for businesses.

There are several issues that deserve careful discussion.
First is consumer safety. Electronic taxi platforms manage real-time journeys involving passengers and drivers every day. Consistent standards for driver onboarding, vehicle inspections, insurance, emergency response, complaint resolution and digital safety could strengthen public confidence in the industry.

Second is financial transparency. Taxi-hailing businesses often process significant cash and digital payments. Like many cash-intensive industries, they may require robust financial oversight to reduce opportunities for illicit financial activity and improve transparency. A coordinated regulatory framework could support stronger compliance with existing anti-money laundering requirements while encouraging greater adoption of digital payments.

Third is data governance. Taxi-hailing platforms collect sensitive information, including customer identities, travel patterns, payment records and geolocation data. As Ethiopia gradually opens its digital economy to more international investors and operators, policymakers may wish to consider how customer data is stored, processed, transferred and protected. Questions surrounding data sovereignty and cross-border data management are likely to become increasingly relevant.

Another concern relates to economic competitiveness. Domestic companies generally operate under Ethiopia’s tax laws, licensing requirements, employment obligations and local financing constraints. Some industry participants argue that if international operators enter under significantly different regulatory or financial conditions, competition may become uneven. Others counter that increased competition benefits consumers through innovation and lower prices. The challenge for policymakers is finding the right balance between encouraging investment and ensuring a level playing field.

Foreign exchange is another factor that deserves attention. International digital platforms may involve cross-border payment flows, technology licensing fees, cloud infrastructure costs or profit repatriation. As Ethiopia continues its economic reforms, policymakers may need to assess how these financial flows align with investment regulations and broader macroeconomic objectives.

None of these issues suggest that Ethiopia should discourage innovation or foreign participation. On the contrary, a transparent and predictable regulatory environment can attract responsible investment while protecting consumers and supporting local entrepreneurship.
The broader question is institutional. Should electronic taxi-hailing remain regulated through multiple agencies, or has the industry become significant enough to justify a dedicated regulatory authority — or at least a lead regulator with clearly defined powers to coordinate across government institutions?
Countries around the world continue to experiment with different models. Some regulate taxi-hailing primarily through transport authorities, while others involve competition agencies, financial regulators or digital economy ministries. Ethiopia has the opportunity to study these experiences and design a framework that reflects its own legal, economic and technological realities.

The electronic taxi-hailing industry has already transformed urban mobility in Ethiopia. With the right policy environment, it could become more than a domestic success story. Ethiopian companies could potentially expand across African markets, export locally developed technology, create high-skilled jobs and contribute to the continent’s growing digital economy.

Whether that vision becomes reality may depend not only on entrepreneurial ambition but also on whether regulation evolves alongside innovation.
The question, therefore, is no longer whether electronic taxi-hailing has become an important industry. It clearly has. The more pressing question is whether Ethiopia is ready to establish a coherent regulatory framework that protects consumers, encourages fair competition, strengthens investor confidence and positions the country’s digital mobility sector for regional leadership.

That is a debate worth having.

Who will win the final? Predictions, analysis, and match previews from MELBET experts

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The tournament is entering its decisive stage. Spain and Argentina will face off for the trophy, while France and England will battle it out for the consolation prize. Two more matches and two more great football stories.

Who will be crowned champions? Who will emerge victorious at the end of the tournament? Read the analysis from our football experts and place winning bets on the MELBET platform!

Spain vs Argentina: battle of the best

Spain are heading into the final in excellent form. Following an unexpected draw with Cape Verde, Luis de la Fuente’s side have only improved. In the knockout stage, La Roja beat Austria (3-0), Portugal (1-0), and Belgium (2-1) in regular time, before confidently defeating France in the semi-finals.

The match against Les Bleus showed Spain’s strength. The team controlled the ball flawlessly, pressed constantly, and dominated the midfield. At the same time, La Roja didn’t allow one of the world’s strongest attacks to create any chances. Mbappé looked nervous towards the end of the game, while Koundé dropped his head and didn’t want to receive the ball. It seems the only way to stop Spain is to wait for the final whistle.

Argentina had a very different journey. The reigning world champions regularly had to produce heroic performances – the Argentines love creating drama. In the knockout stage, they only began to show their winning spirit after conceding goals. La Albiceleste’s main figure is Lionel Messi. Is he ever going to grow old? Leo made goal contributions in every match he played!

In the round of 16, Egypt pinned the favorites against the ropes and led 2-0. Argentina responded in a way that only great teams do. In the semi-finals, the South Americans were trailing England, but there was no panic within the team. Messi created chances, and his teammates made the most of them. In every knockout stage game, the Argentines have scored the winning goal after the 90th minute. Now, Scaloni’s side are just one win away from a second consecutive title. Should Argentina’s fans come to the stadium towards the start of the second half?

Spain look like a more balanced team, but Argentina know how to come through in tough matches. We’re in for a clash between the reigning champions of Europe and South America. And a duel for the Ballon d’Or between Messi and Yamal. Could there be a better storyline for the final?

Have you seen the photo of Messi giving little Yamal a bath? It’s not AI. Messi once held him in his arms. And now Lamine could take the trophy away from Lionel. Our prediction: Spain will be crowned champions. Odds: 1.61. De la Fuente’s men have hit top form just in time for the decisive battles. Seize the moment and bet on the winners now!

Do you think the final will end differently? Prove it with your prediction! MELBET is running a Predictor promo with a $5,000 prize pool. Predict the score, earn points, climb the leaderboard, and compete for cash prizes!

France vs England: who will claim the bronze?

Until recently, France were considered the clear favorites. Mbappé, Dembélé, and Olise were leading the team with confidence. But the semi-finals changed everything – France were denied space, and the manager had no adequate solutions. Despite their achievements throughout the competition, the clear favorites failed to deliver in the most crucial fixture. And after the second goal, the team simply gave up. Where on earth did that formidable France side disappear to?

Now Les Bleus need to respond to the defeat in the right way. For Didier Deschamps, the match for third place could be an opportunity to end his time with the national team on a high note. For the players, it’s a chance to regain their confidence following a heavy blow.

England have their own story to tell. Thomas Tuchel’s side were so close to the final, but it was as if they were scared of their success. After switching to a five-man defense, the Three Lions virtually lost possession. Were they trying to park the bus and hold on to their lead? It was too early for that. Messi called in the tow truck, and Argentina towed away the English double-decker.

England still have a chance to finish the tournament with a medal. At the same time, they can take their revenge on France for the defeat almost four years ago. Back then, Les Bleus beat Gareth Southgate’s team 2-1 in the quarter-finals.

France have plenty of stars up front, but England are also capable of creating opportunities. It should be a high-scoring encounter. Do you agree? Bet on “Both Teams To Score” at odds of 1.47 to win some cash! And our prediction is that Deschamps’s men will claim the bronze.

The tournament is drawing to a close, but we still have the final matches ahead of us. The final thrills. And the world’s most prestigious football trophy. Follow the tournament’s denouement with MELBET. Make your predictions and support your favorites!

Ethiopia’s largest wind power project advances following $110 million AfDB funding approval

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The African Development Bank (AfDB) Group has officially approved up to $110 million in financing for the 300-megawatt (MW) Aysha wind power project, a milestone expected to significantly bolster Ethiopia’s national grid with clean energy.

The financing package, sanctioned by the Bank’s Board of Directors, comprises $80 million from the African Development Bank, $20 million from the Clean Technology Fund, and $10 million from the Sustainable Energy Fund for Africa (SEFA). This infusion of capital is a critical step toward realizing what is set to become the nation’s largest wind farm.

With an estimated total investment of $508 million, the Aysha project will be developed, owned, and operated by AMEA Power. The project encompasses the design, construction, and long-term operation of a 300 MW facility located in the arid eastern desert of the Somali Region, near the Djibouti border.

The project infrastructure includes the wind farm itself, a 5-kilometer transmission line, and essential upgrades to the existing Aysha II substation. Under a 25-year Power Purchase Agreement (PPA), Ethiopian Electric Power (EEP) will serve as the sole off-taker and owner of the transmission infrastructure.

Finance Minister Ahmed Shide described the project as a “cornerstone of our country’s energy policy,” emphasizing that it serves as a replicable model for Public-Private Partnerships (PPP). “The Aysha project demonstrates what can be achieved when governments, development partners, and private investors work together to solve bankability challenges,” noted Wale Shonibare, the AfDB’s Director of Energy Financial Solutions.

This development builds on the momentum of the Aysha II wind power plant, which saw its first 120 MW phase inaugurated in January 2026 by Prime Minister Abiy Ahmed, alongside the Presidents of Djibouti and Somalia.

The AfDB’s latest approval follows a rigorous selection process that began in December 2023, with formal PPA agreements finalized in August 2024. To achieve the full project financing, the Bank is actively assisting in the mobilization of an additional $381.1 million from various development finance institutions, including a planned $65 million investment from the International Finance Corporation (IFC).

The Aysha I project marks a significant evolution in Ethiopia’s energy strategy, representing the first utility-scale private power project developed under the nation’s revamped PPP framework. Currently, Ethiopian Electric Power is managing a diverse pipeline of over 20 PPP and Independent Power Producer (IPP) projects spanning solar, wind, hydro, and geothermal technologies.

Kamaru Usman on WCMCU 2026: tournament favorites, African legends and Hollywood in football

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While the whole world follows the final stages of football’s biggest tournament, a man who knows everything about the road to major titles shares his WCMCU 2026 expectations. 

MelBet global ambassador and UFC former welterweight champion Kamaru Usman is known not only for his exceptional fighting skills but also for a pragmatic mindset.

Amid the football action, Nigerian Nightmare swapped the Octagon for the stands and offered his take on the current tournament.

France is the top favorite 

Usman sets the intrigue right away. When asked about the favourite, he does not even try to play the objective expert. He picks France without hesitation,  admitting he is biased.

Usman says, smiling: “Obviously, if my buddy Kylian Mbappé is playing for that team, of course it’s France”.

For Usman, France is the team that features a player capable of deciding even the toughest match on his own. And so, he believes, France rightfully remains one of the top title contenders.

African spirit and European strength

However, the Nigerian-born champion’s heart still belongs to Africa. Usman makes no secret – he always roots for African national teams. At the same time, the fighter highlights France and the technically skilled Spain among the tournament’s top favorites

Tough choice: best African football players

Another challenge for Kamaru is naming the three greatest African footballers of all time. Even his usual analytical approach takes a back seat to the richness of the continent’s legacy.

Usman starts listing names, but quickly realizes there’s no easy answer: elusive Jay-Jay Okocha, Cameroonian legend Samuel Eto’o, Egyptian King Mo Salah, the towering Nwankwo Kanu, Ivorian chief Didier Drogba… The list keeps growing, and Usman gives up. Choosing the best among equals is impossible when it comes to the achievements of an entire continent.

Fight to the bell, play to the whistle

The deepest part of the conversation is the search for a common ground between combat sports and football. Usman sees it in tenacity. There’s no difference for him between standing in the cage after a lost round or conceding a goal in the opening minutes. Footballers who give everything for all 90 minutes and fighters who keep attacking until the final seconds of the fifth round are cut from the same cloth.

Football and Hollywood

And yet, with all due respect to the number one sport, the Nigerian Nightmare doesn’t miss an opportunity to joke. In Usman’s opinion, modern football has at times become too theatrical and some moments on the pitch feel like movie scenes. He is quick to add, though, that this tournament could well change his mind.

That’s who Kamaru Usman is – a man who sees sport as the ultimate test of will. And watching as a new chapter in football history is being written right before our eyes, you realize: It doesn’t matter whether you’re wearing six-ounce gloves or football boots. Discipline, relentless belief, and readiness to go all the way are the only currency that earns the greatest trophies.