[Extreme flooding] is becoming a yearly disaster in South Sudan, which the World Bank has described as “the world’s most vulnerable country to climate change and also the one most lacking in coping capacity.” More than 379,000 people have been displaced by flooding this year, according to the U.N humanitarian agency. Seasonal flooding has long been part of the lifestyle of pastoral communities around the Sudd, the largest wetlands in Africa, in the Nile River floodplain. But since the 1960s the swamp has kept growing, submerging villages, ruining farmland and killing livestock…South Sudan is poorly equipped to adjust. Independent since 2011, the country plunged into civil war in 2013. Despite a peace deal in 2018, the government has failed to address numerous crises. Some 2.4 million people remain internally displaced by conflict and flooding. The latest overflowing of the Nile has been blamed on factors including the opening of dams upstream in Uganda after Lake Victoria rose to its highest levels in five years. The century-old Jonglei Canal, which was never completed, has become a refuge for many. (AP)
Creative Destruction
Creative destruction is the dismantling of long-standing practices in order to make way for innovation and is seen as a driving force of capitalism.
Nyala Insurance partners with M-PESA to enhance digital payment solutions
By our staff reporter
Nyala Insurance S.C. (NISCO) has announced a strategic partnership with Safaricom’s M-PESA to provide customers with secure, efficient, and convenient mobile payment solutions for its insurance services. This collaboration aims to streamline premium payments, policy renewals, and other transactions through M-PESA’s digital platform.
During the signing ceremony of the Memorandum of Understanding (MoU), Tegegn Masresha, Chief Customer Officer of Nyala Insurance, emphasized the significance of this partnership in improving NISCO’s operations. “This collaboration allows us to deliver unparalleled convenience to our customers, enabling them to access our services seamlessly and securely through M-PESA,” he stated. He further added that by leveraging this partnership, NISCO is reinforcing its commitment to innovation and enhancing customer satisfaction by simplifying insurance transactions.
Elsa Muzzolini, Chief Digital Financial Services Officer at Safaricom M-PESA, echoed the importance of the partnership, stating, “Our commitment to supporting Ethiopia’s digital economy is evident through providing businesses like Nyala Insurance with the necessary digital tools to enhance customer connections.” This collaboration is expected to play a crucial role in advancing digital payment solutions within the Ethiopian insurance sector.
Nyala Insurance is prioritizing the expansion and utilization of digital platforms to enhance service efficiency and convenience for its customers. The company has established itself as a leader in offering smartphone insurance within Ethiopia’s insurance landscape. By integrating M-PESA into its payment systems, NISCO aims to make insurance transactions more accessible and user-friendly.
The MoU signing took place at the M-PESA office on December 27, 2024, and was attended by executive management from both Nyala Insurance S.C. and Safaricom. The event marked a significant milestone in the ongoing efforts to modernize financial transactions in Ethiopia’s insurance sector.
Live Betting on Cricket Matches in Ethiopia: How It Works and Tips for Success
Cricket has become increasingly popular in Ethiopia, drawing a growing community of fans who participate in live betting during matches. This interactive betting style lets participants place wagers as the game progresses, adding to the thrill and offering opportunities for greater rewards. Many Ethiopian bettors turn to platforms like 1win, known for their intuitive design and attractive live betting options.
Understanding Live Cricket Betting
Live betting, also known as in-play betting, enables bettors to place wagers on various aspects of a cricket match as it progresses. Unlike traditional pre-match betting, live betting reflects the real-time dynamics of the game, with odds fluctuating based on events such as wickets, runs scored, and overs remaining.
Real-Time Odds: Bookmakers update odds continuously during the match to mirror the current state of play. For instance, if a batsman is performing exceptionally well, the odds for the batting team’s victory may shorten.
Diverse Betting Markets: Live betting offers a variety of markets, including:
Next Wicket: Predicting which player will be dismissed next.
Runs in Next Over: Wagering on the number of runs scored in the upcoming over.
Method of Next Dismissal: Betting on whether the next wicket will fall through a catch, bowled, LBW, etc.
Quick Decision-Making: Given the rapid pace of live betting, bettors must make swift decisions, often within seconds, to capitalize on favorable odds.
Legal Landscape of Betting in Ethiopia
In Ethiopia, sports betting is legal and regulated by the National Lottery Administration (NLA). The NLA oversees licensing and regulation of betting activities, ensuring a safe environment for bettors. Several licensed bookmakers operate in the country, offering both pre-match and live betting options. For those interested in dynamic and accessible platforms, you can explore 1win’s live betting options to enhance your experience.
Choosing the Right Platform for Live Betting
Selecting a reputable platform is crucial for a seamless live betting experience. Consider the following factors:
Licensing and Regulation: Ensure the platform is licensed by the NLA or a recognized international authority.
User Interface: A user-friendly interface facilitates quick bet placements, essential in live betting scenarios.
Market Variety: Opt for platforms offering a wide range of live betting markets to diversify your betting options.
Payment Methods: Check for convenient deposit and withdrawal options compatible with Ethiopian bettors.
Some popular betting sites in Ethiopia include Bet365, Hulu Bet, and Admiral Bet, known for their extensive sports coverage and live betting features.
Tips for Successful Live Cricket Betting
To enhance your live betting experience and potential returns, consider the following strategies:
Match Awareness: Keep abreast of the match situation, including player form, pitch conditions, and weather forecasts, as these factors significantly influence game dynamics.
Statistical Analysis: Utilize statistics to inform your betting decisions, such as a team’s performance in similar conditions or a player’s average against specific bowlers.
Set a Budget: Determine a betting budget and adhere to it, avoiding the temptation to chase losses.
Stake Appropriately: Allocate your stakes based on confidence levels and the value of the odds, refraining from placing large bets on uncertain outcomes.
Early Cash-Out: Many platforms offer cash-out features, allowing you to secure a portion of your winnings or minimize losses before the event concludes.
Specialize: Concentrate on particular betting markets where you have expertise, such as predicting the next wicket or total runs in an over, to improve accuracy.
Avoid Emotional Betting: Base your bets on analysis and logic rather than emotions or biases towards a team or player.
Limit Distractions: Engage in live betting in a focused environment to make informed and timely decisions.
Common Live Betting Markets in Cricket
Understanding the various live betting markets can help you make informed decisions. Here are some popular options:
Match Outcome: Wagering on the final result of the match, with odds that adjust dynamically in response to the unfolding events of the game.
Top Batsman/Bowler: Wagering on which player will score the most runs or take the most wickets during the match.
Total Runs: Predicting whether the total runs scored by a team will be over or under a specified number.
Next Over Runs: Betting on the number of runs to be scored in the upcoming over, requiring quick assessment of the current batting and bowling performance.
Next Wicket Method: Predicting how the next wicket will fall, such as by catch, bowled, or run-out.
Familiarity with these markets enables you to diversify your betting strategy and adapt to the unfolding match scenario.
Live betting on cricket matches in Ethiopia offers an engaging way to participate in the sport, combining real-time analysis with strategic wagering. By understanding how live betting works, choosing reputable platforms, and applying disciplined betting strategies, you can enhance your chances of success. Remember to stay informed, manage your bankroll wisely, and approach betting as a form of entertainment with responsible practices.
