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Born and raised in the vibrant neighbourhoods of Addis Ketema and Kolfe in Addis Ababa, Zerubabbel Mola emerged as a spirited child with an independent streak. He despised being told what to do and marched to the beat of his drum. This rebellious nature ultimately led him down the path of becoming a musician. Zerubabbel’s musical journey began as he was captivated by the rich tapestry of sounds surrounding him and honed his vocal skills by joining a choir. However, his life took a significant turn when his father departed for the United States. Deeply missing his father and grappling with melancholy, Zerubabbel stumbled upon a guitar tucked away beneath his father’s bed.

Despite lacking formal training, he instinctively began strumming the strings and discovered a familiar melody—the song “Zekiyos Achir Sew Neber,” meaning Zekiyos was a short guy in Amharic, a song he used to play as a child. In that moment, the guitar became his solace and connection to his father, igniting an unwavering love for playing the instrument. After gaining experience and refining his skills, Zerubabbel embarked on a musical journey that would define his career. He spent five transformative years working alongside the talented Mehari Brothers, immersing himself in their creative energy. Building upon this foundation, he joined forces with the renowned Zemen Band, where he spent two exhilarating years.

Seeking new horizons, Zerubabbel set his sights on South Africa, where he joined yet another band. After these events, his musical talent blossomed to a new height, propelling him toward an unstoppable trajectory. His artistic growth culminated in a highly acclaimed album called “Enfalot,” which featured fifteen sensational songs that resonated deeply with audiences far and wide. He is also the owner of six singles that are loved by many. Zerubabbel’s story is one of passion, resilience, and an unwavering commitment to his craft. From his rebellious childhood to his heartfelt connection with music, he has emerged as a charismatic and beloved singer, captivating audiences with his powerful voice and magnetic stage presence. With each new chapter, Zerubabbel continues to enchant listeners, leaving an indelible mark on the music scene and solidifying his status as a true musical force to reckon with. EBR’s Eden Teshome had the chance to discuss with the singer for this exclusive.


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Mastercard, a renowned global technology leader in the payments industry, has partnered with EagleLion System Technology, a local financial solution provider. This strategic alliance intends to revolutionize access to innovative cashless payment solutions and empower Ethiopian businesses to seamlessly accept secure digital payments.

 

Ethiopia, like many nations, is currently undergoing a digital revolution, and the partnership between Mastercard and EagleLion is set to play a pivotal role in this transformative journey.


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Dshen Bank’s newly elected Board of Directors has chosen to re-elect Dula Mekonnen as its Chairman. The decision was made during the 30th ordinary meeting of the bank’s shareholders, and Dula’s re-election took place during the Board’s inaugural meeting held on February 13, 2024.

 

Dula Mekonnen currently holds the position of Deputy Chief Executive Officer in the Mining sector of Midroc Investment Group. Having qualifications of BSc Degree in Electrical Engineering and an MSc Degree in Business Administration from Adama Science and Technology University. Additionally, he holds a Diploma in Agricultural Engineering.


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Every year, Ethiopia imports billions of dollars’ worth of goods, an input for the manufacturing sector. The country now stands at a crossroads with a history of underdeveloped manufacturing due to past regimes. The concept of import substitution, replacing imported products with locally produced goods, presents a significant opportunity for businesspeople and investors. However, the path to success encounters challenges, particularly raw material shortages and forex scarcity. EBR’s Eden Teshome delves into the implications of these hurdles on Ethiopia’s industrial production and explores potential strategies to overcome them.


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Tigist Kebede, the Co-Founder and Operations Director of Habeshaview Technology and Multimedia, is a visionary entrepreneur passionate about Arts and Culture. Under her leadership, Habeshaview has become a rapidly growing entertainment and multimedia business in Ethiopia. They offer an OTT (Over the Top) & IPTV (Internet Protocol Television) platforms that stream content from Pan-African and underrepresented creators. With a focus on promoting Ethiopian culture, Habeshaview provides a global IPTV streaming service, distributes Ethiopian films internationally, and operates a white-label OTT platform. Their recent success includes hosting the London Ethiopian Film Event and bringing acclaimed films to audiences worldwide. EBR’s Eden Teshome sat down with Tigist Kebede for this exclusive


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Ethiopia is rapidly developing into a promising hub for startups and innovation. The recent agreement between the Ministry of Innovation and Technology and the Addis Ababa City Administration to establish astate-of-the-art startup city further fuels optimism for the future of the country’s startup ecosystem. While the success of the startup city is yet to be seen, the initiative carries significant promise for Ethiopia’s future. By addressing key challenges and fostering a vibrant ecosystem, the city has the potential to propel Ethiopian startups onto the global stage and contribute significantly to the country’s economic and social development. EBR’s Eden Teshome explores.


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The African Sourcing and Fashion Week is a vibrant and captivating event that showcases the rich tapestry of African fashion and design across the continent. This annual gathering brings together talented designers, artisans, and creatives, offering a platform to express their unique vision and talent. This event grows in scale and international attention each year, fostering meaningful connections within the fashion industry. One of the standout features of African Sourcing and Fashion Week is its commitment to celebrating and promoting sustainability and ethical practices in the industry. Many of the designers featured utilize locally sourced materials and employ traditional production techniques, ensuring minimal environmental impact. This emphasis on sustainability not only adds depth and meaning to the garments but positions Africa as a global leader in a responsible fashion.

The diversity of African fashion is another notable aspect, with each designer bringing their cultural influences and heritage. Vibrant Ankara prints, intricate beadwork, and other colours, patterns, and textures capture the essence of Africa’s rich cultural tapestry on the runway. Attendees can expect runway shows and workshops, panels, and networking, providing a platform to exchange ideas and collaborate – facilitating growth, innovation, and creativity within the African fashion scene. This year’s 9th African Sourcing Fashion Week has spotlighted African continental free trade, sustainability manufacturing, and AI’s role. EBR’s Eden Teshome sat down with the CEO of organizers Trade and Fairs Group, based in Germany and Kenya, Skander Negasi, for insights.


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Tackling New Challenges, Breaking the Cycle of Poverty

Good nutrition is essential for everyone’s health and well-being. It is crucial for children, as malnutrition can lead to stunted growth, cognitive impairment, and reduced productivity in adulthood. Ethiopia has made significant progress in reducing malnutrition in recent years, but more work still needs to be done. Investing in nutrition is good for the economy. However, Ethiopia’s malnutrition problem has been exacerbated by conflict and climate shocks. These factors have led to food inflation and population displacement. Despite the growing challenges to the fight against malnutrition, the country still has the potential to become an exemplar state for malnutrition solutions in the region, writes EBR’s Eden Teshome. 


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Addis Ababa’s Transformation Puts Heritage at Stake

Addis Ababa is undergoing a rapid transformation characterized by the demolition of heritage sites and reconstruction because of rapid urbanization. Unfortunately, this has come at a massive cost of erasing the city’s rich heritage. Heritage plays a vital role in defining a city, shaping its social fabric, preserving its history, and nurturing its cultural identity. Keeping the city’s urban heritage is often neglected or considered an inconvenience. The demolition of historic buildings and homes has sparked concerns among residents and preservationists alike. These structures hold immense architectural and historical value and serve as tangible connections to the past. The loss of these buildings deprives the city of its tangible heritage and diminishes its cultural character, writes EBR’s Eden Teshome. 




Ethiopian Business Review | EBR is a first-class and high-quality monthly business magazine offering enlightenment to readers and a platform for partners.



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