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Business

Dashen Bank Reports a Profit of ETB 6.6 Billion

Dashen Bank, a prominent player in Ethiopia’s private banking sector, has reported a profit of ETB 6.6 billion for the fiscal year 2023/24, positioning it as a key competitor alongside Awash Bank. Established in 1995, Dashen Bank has demonstrated consistent growth, driven by strategic investments and operational efficiencies. According to the bank’s financial statements, it

July 18, 2024 • By Addis Insight
Business

CBE Birr Enhances its Mobile App: A Strategic Move in Ethiopia’s Digital Payment Space

The Commercial Bank of Ethiopia (CBE) has recently upgraded its mobile payment application, CBE Birr, marking a significant development in Ethiopia’s digital payment landscape. This enhancement is seen as a strategic response to the growing competition in the sector, particularly with TeleBirr. The updated version of CBE Birr introduces a more user-friendly interface and an

November 11, 2023 • By Addis Insight
Politics

Celebrities, Diplomats, and Influencers Stand United in Support of Ethiopian Orthodox Church

The Ethiopian Orthodox Church which is currently facing an illegal takeover attempt, fully supported by the government. This has sparked outrage among celebrities, social media influencers, and diplomats who are showing their solidarity with the church. Veronica Adane, a renowned singer, was one of the first to take to social media to share her support

February 4, 2023 • By Addis Insight
Politics

Ethiopian Orthodox Tewahedo Church Takes Legal Action Against Alleged Abusers

The Ethiopian Orthodox Tewahedo Church has taken a significant step in protecting its rights and ensuring justice for its members. In a statement released today, the church confirmed its intention to file a lawsuit in the Federal Supreme Court, charging 25 individuals who are accused of violating its legal rights and committing abuses against its

February 3, 2023 • By Addis Insight
Culture

Marcus Samuelsson on his new Chelsea restaurant Hav & Mar

Marcus Samuelsson is a household name near and far. The latest from the owner of Red Rooster in Harlem and Marcus at the Four Seasons Hotel Montreal, among others, just landed in Chelsea. “I really wanted to think about the restaurant in Chelsea as being part of the iconic creative community that makes up the neighborhood,” the

December 17, 2022 • By Addis Insight
Business

Commercial Bank of Ethiopia to lend over 100 billion birr

The Commercial Bank of Ethiopia (CBE) has announced that it is ready to provide over 100 billion birr loan to the private sector, agricultural inputs and public enterprises in the current budget year. The lifting of the government’s debt ban will have a significant impact on the country’s economy. It is well-known that private and

December 9, 2021 • By Addis Insight
Culture

Marcus Samuelson & Maya are naming the second baby they are expecting after Ethiopia.

Marcus Samuelsson and his wife Maya, who share son Zion together, revealed that they’re expecting their second baby in a sweet announcement on Instagram on Friday Marcus Samuelsson is adding to his family! The Top Chef Family Style judge, 50, took to Instagram on Friday to reveal that he and wife Maya Haile Samuelsson are expecting their second

December 6, 2021 • By Addis Insight
Uncategorized

One of my favourite Ethiopian dishes is called kitfo-

In a sentence: delicious Ethiopian food in a relaxed, music-centric atmosphereThe damage: $30pp with a beerTop tip: eat with your hands and plan your visit around a live gig#EatCuriously: order you kitfo raw, the traditional wayQuench your thirst: with an Ethiopian beerIf you like this: try The Abyssinian in Kensington, The Horn in Collingwood, Little Africa in West Melbourne and Gojo Ethiopian Cafe in Sunshine Eating with your hands

November 20, 2021 • By Addis Insight
Women

Women, Girls in Tigray need special attention

If one takes a good look at the history of war, he/she may quickly recognize that women suffered the consequences thereof more than men. Women are more likely to live with the horrific images from the war and conflict. This causes a great deal of psychological stress that may lead to psychological and psychiatric disorders.

April 9, 2021 • By Addis Insight
Women

Ethiopian Newspapers overlook women’s issue

Unfortunately, women’s contributions to a Newspapers’ content are delimited to their physical appearance rather than their intellectual, or other abilities.

April 5, 2021 • By Addis Insight
Uncategorized

PM Abiy Called 80 Parties to Merge Now They are 107

107 Ethiopian political parties signed a code of conduct today, March 14, 2019. Prime Minister Abiy Ahmed also attended the signing of the document representing Ethiopian People’s Democratic Front (EPRDF). Despite PM Abiy Ahmed call for political parties to merge and form a stronger united party they ended up even becoming more divided. When Abiy

March 14, 2019 • By Addis Insight
Uncategorized

Dire Dawa Mayor Ibrahim Osman Resigned

In an extraordinary meeting that was held in Dire-Dawa council today, the city council accepted the resignation of its city mayor Ibrahim Osman who has been serving the city for the past four years. The city council appointed Mahdi Giire Roble as deputy mayor and will act as interim acting mayor until a replacement is

March 12, 2019 • By Eldad Damte
Uncategorized

French President Emanuel Marcon Visiting Ethiopia

French President Emanuel Macron arrived in Addis Ababa,Ethiopia today for a two days official visit. Ethiopian ministry of foreign affairs reported that he will be meeting President Sahle-Work Zewude and Prime Minister Abiy Ahmed of Ethiopia to discuss bilateral and regional issues to focus on the mutual benefits of the two nations. Ethiopia’s first president

March 12, 2019 • By Eldad Damte
Uncategorized

Addis Ababa Administration Handed Over 51,229 Condominium Houses

In an event that was held today at Intercontinental Hotel, the Addis Ababa city administration handed over 51,229 houses through a lottery reward. From the total of 51,229 houses, 32,653 houses were 20/80 saving package while 18,576 houses were 40/60 houses. The 20/80 housing package included 1248 studio houses, 18,823 one bedroom, 7127 two bedroom

March 6, 2019 • By Addis Insight
PM Dr. Abiy Ahmed

President Mohammed Abdullahi (Formajo) Arrived In Addis Ababa

Somali President Mohamed Abdullahi (Formajo) just arrived this morning in Addis Ababa for an official visit. The President was received by PM Abiy at Bole International airport. Piror to the Somalia President arrival Prime Minister Abiy was on a tour visiting South Sudan and Eritrea. According to Prime Minister Office of Ethiopia, President Abdullahi will

March 5, 2019 • By Addis Insight
Culture

Addis Ababa Weekend Event Guide | Feb. 22-24, 2019

Friday, Feb. 22 23rd Addis Chamber International Trade Fair | 8 am – 2 pm Addis Ababa Exhibition Centre This is the most prominent international Business-to-Business trade fair whose primary focus is on the industry, agricultural, and service sectors. Purpose of this trade fair is to attract foreign direct investment, promote joint venture opportunities between

February 22, 2019 • By Eldad Damte
Africa News

The African Union to Honor Emperor Haile Selassie with a statue

The African Union to honor His Imperial Majesty (HIM) Emperor Haile Selassie with a statue in Addis Ababa. The statue will be unveiled during the Assembly of the Heads of State and Government on the 10th February 2019. The announcement came following the Deputy Chairperson of the African Union Commission, Amb. Kwesi Quartey met with

January 31, 2019 • By Addis Insight
Uncategorized

Oromia and Amhara Regional Presidents Visiting The Netherlands

Oromia President Lemma Megeressa along with and Amhara regional state president Degu Andragachew visited the Netherlands with the aim of being familiarized with Dutch companies that are active in Ethiopia. According to the Netherlands comprehensive website since 2004, a lot of Dutch companies started investments and joint ventures in Ethiopia. About 130 companies have created

January 31, 2019 • By Addis Insight
Diaspora

Investment Commissioner Fitsum Arega Appointed as Ethiopian Ambassador to the US

Ethiopia’s President Sahle-Work Zewde gave full promotion to 20 ambassadors to be appointed overseas. This is the first time the President appointed new ambassadors since taking office last October. Among the appointees, six were women and includes prominent figures like W/ro Mulu Solomon. Also, Ato Fitsum Arega who was the former chief of staff for

December 24, 2018 • By Addis Insight
Opinion

The Problem With Tribal Federalism is Not Its Implementation

Supporters of the failed tribal constitution suggest that the problem in Ethiopia is not the constitution per se, but its implementation. We have heard the same argument from advocates of communism. The problem was not the system but its implementation. Mengistu’s “Ethiopia First” revolution was not the problem. The problem was its implementation. That is

December 7, 2018 • By Koki Abesolome
No Image
Uncategorized

Ethiopia to Start Taxing Social Media Messaging Apps

Ethiopia’s sole telecom provider Ethio Telecom is finalizing its preparation to tax social media apps that are used for voice calls and messages. The list of applications to be taxed by the telecom company includes WhatsApp, Viber, Telegram and Facebook Messenger. According to Wazema Radio, the telecom company has been in the process of procuring

December 6, 2018 • By Addis Insight
Opinion

Ethiopian 50% Female Cabinet: Neither Authoritarianism Nor Tokenism

Ethiopia is at a watershed moment. Its survival as a peaceful and prosperous nation depends on its willingness and ability to adopt fundamental reforms in many areas. One such area is reining in the patrimonial culture and empowering women. This is critical particularly in a period of conflict because women are favorably predisposed toward compromise

December 2, 2018 • By Koki Abesolome
Entrepreneurship

Ask Addis Insight

As a media startup in the past few months, we have had several moments to celebrate. Internet cost was lowered, bloggers and journalists were released,and newspapers are mushrooming once again since 2005 election. Despite all these excitements we are facing with new challenges that are enormous and could have severe impact on ordinary civilians. This time

November 19, 2018 • By Addis Insight
Uncategorized

Eritrean Father Reunite With Son In Debre Markos After 36 Years

By Gashaye Getahun | AMMA 18 Nov 2018 – (EP) An Eritrean man has spoken of his “utmost happiness” at seeing his son for the first time since their separation more than 36 years ago. Kiflay Tewelde was reunited with his 36-year-old son, Birhanu Kiflay, in an emotional meeting in Debre Markos, Ethiopia today. “I

November 18, 2018 • By Addis Insight
Uncategorized

Why This Year’s Midterm Election Matter to Ethiopians In America

On Nov 6, 2018, Americans will go to polls to cast their vote for their favorite candidate to represent them in the senate and congress. According to major news outlets, this year’s midterm election is one of the tensest, contested and most invested midterm elections in US history. Each voter’s demography has its own reasoning

November 5, 2018 • By Addis Insight
Uncategorized

Crowd Waited 13 Years To Hear Teddy Afro Perform His Hit Song “Yasteserial”

It was not an ordinary concert. Teddy Afro has passed the test of time to perform on this stage. In 2005 Teddy Afro released his all-time controversial and most favored album Jah-Yasteserial. Ever since then the artist was under a microscope watch by every group that either support him or oppose him. Unlike many other artists,

November 4, 2018 • By Addis Insight
PM Dr. Abiy Ahmed

Ethiopia’s Freedom Icon Birtukan Mideksa to Return to Ethiopia

Following an invitation extended by PM Dr. Abiy’s Administration, former federal judge, activist and politician Birtukan Mideksa is to arrive in Addis Ababa next week. Birtukan Mideksa was among the founders and chairwomen of Andinet Party (CUD). Birtukan first entry to politics began right after her decision as a court judge was violated by security

November 3, 2018 • By Addis Insight
Entertainment & Arts

Artist Tewodros Teshome Refuses To Transfer 70,000 USD Fund Raised for Artist Fikadu Teklemariam

Artist Tewodros Teshome refused to transfer a 70,000 USD that was fundraised through a GoFundMe account to cover medical expenses of the late artist Fikadu Tekelemariam. Before his passing a GoFundMe account was set up by Artist Tewodros Teshome for the renowned theater and film actor because he had suffered a kidney failure and was advised

November 3, 2018 • By Addis Insight
Women

Ethiopia Appoints Meaza Ashenafi As Its First Woman Supreme Court President

Ethiopia’s PM Abiy Ahmed appointed Meaza Ashenafi as Ethiopia’s first woman supreme president. The appointment came right after the PM speech in Germany were he told several Ethiopians’ that his reform in empowering women will also reach to the justice system. Meaza Ashenafi who is the founder of Ethiopia Women Lawyers Association (EWLA) in 1995

November 1, 2018 • By Addis Insight
PM Dr. Abiy Ahmed

New Year With New Faces but Old Party

The year 2010 in Ethiopia calendar has been a remarkable year in the history of Ethiopian politics. The transformation of the country politics landscape was significant in a way that no political pundits can nearly predict the direction the country was heading. The change was so significant people even start referring the status of last

September 7, 2018 • By Addis Insight
Uncategorized

Jawar Mohammed Rejects Tamagn Beyene Call For Unity

On Sunday more than 20,000 people gathered at Millenium Hall to welcome activist and artist Tamagn Beyene. In his first address to the public since his arrival activist, Tamagn Beyene extended his hand to prominent Oromo activist Jawar Mohammed. It was a rare scene when activist Tamagn publicly request for activist Jawar Mohammed to join

September 3, 2018 • By Addis Insight
Uncategorized

No More Ethnicity Tag On Addis Ababaian’s Kebelle ID

Addis Ababa city administration is introducing a new residence ID by changing the current ID procedure that requires residents to fill out their ethnicity. The city is also transforming its ID issuing process from manual to a digital system. As a result, the residence will be issued a new ID by using their fingerprint. The

August 29, 2018 • By Addis Insight
Uncategorized

The Rise and Fall of Abdi Illey

Today Ethiopian federal police arrested former Ethiopian Somali region president Abdi Mohammed Omar (Abdi Illey) from his Bole Atlas home in Addis Ababa. His arrest came day after the removal of his immunity by the regional council. The removal of immunity also targeted seven other officials who were part of Abdi Illey administration. including former

August 27, 2018 • By Addis Insight
Uncategorized

“I Survive with Ethiopian Mothers Prayers” PM Dr. Abiy Ahmed

In his first Q&A with local and foreign medias PM Abiy Ahmed addressed several topics ranging from economy, political stability, fake news and his well being. Over hundred local journalists representing several local medias attended the press conference including the likes of diaspora media ESAT and OMN who were recently allowed to operate in Ethiopia.

August 27, 2018 • By Addis Insight
Uncategorized

The Fracture of Empire: How Untamed Patriotism and Miscalculated Aggression Could Unravel the American Century

Sisay Hishe RCIC-IRB Toronto, Canada merigetah@yahoo.ca There is a pattern in history that repeats itself with an almost mechanical regularity, and yet each generation of powerful men believes itself immune to the consequences that consumed its predecessors. The United States of America and Israel now stand at the edge of a precipice that has swallowed

April 1, 2026 • By Addis Insight
Health

ARA-290: Cytoprotection, Neuroimmune Signaling, and Systems-Level Regulation

Within peptide research, certain molecular sequences attract attention not because of their size or complexity, but because of their strategic positioning within larger biological narratives. ARA-290 belongs to this category. Derived conceptually from erythropoietin-related signaling motifs, ARA-290 represents a refined peptide construct designed to engage selective receptor pathways without invoking the full functional spectrum of

April 1, 2026 • By Addis Insight
Business

Ethiopian Telemedicine Platform Tenadoc Brings Hospital OPD and International Second Opinions Online

Tenadoc Expands Access to Specialist Care through Key Hospital Partnerships Tenadoc, an Ethiopian telemedicine platform, has announced two partnership agreements aimed at improving access to specialist healthcare services both locally and internationally. The platform is available on Android, iOS, and web, allowing users to browse available doctors and hospitals without mandatory registration. Registration is required

March 30, 2026 • By Addis Insight
Opinion

Disaster Cycles and the Lessons from the Gamo–Gofa Landslide

By- Dr Genet Kifle When people are asked about their worst nightmares, many describe the same thing: falling from a great height, suspended in the air, not knowing where they will land. For me, it’s different.I fear being buried alive. I have never experienced it, and I wish I didn’t have to, but I imagine

March 27, 2026 • By Addis Insight
Business

Ethiopia Sets FX Auction Rate at 157 Birr/USD as Demand Hits USD 241 Million

The National Bank of Ethiopia (NBE) has announced the results of its latest foreign exchange auction, allocating USD 70 million to participating banks as part of its ongoing efforts to stabilize the forex market and improve access to hard currency. According to the official statement released on Tuesday, the total bid amount submitted by commercial

March 18, 2026 • By Addis Insight
Business

Ethiopian Airlines to Resume Passenger Flights to Atlanta

Addis Ababa — Ethiopian Airlines has announced that it will resume passenger flights to Atlanta, one of the United States’ largest aviation hubs, beginning May 13, 2018, marking a strategic expansion of its North American network. According to the airline, the route will operate three times per week as a direct service between Addis Ababa

March 18, 2026 • By Addis Insight
Business

Awash Bank Registers 54 Million Shares as Ethiopia’s Capital Market Gains Momentum

Addis Ababa, Ethiopia — has formally registered more than 54 million ordinary shares with the (ECMA), marking a critical step toward its anticipated listing on the country’s nascent stock exchange. In a public notice issued on March 16, the regulator confirmed that 54,066,089 existing shares held by current shareholders have been approved for registration. The

March 17, 2026 • By Addis Insight
Business

Ethiopia Announces Temporary Amnesty for Ethiopian-Origin U.S. Citizens Facing Overstay Penalties

Addis Ababa, March 16, 2026 — Ethiopia’s Immigration and Citizenship Service (ICS) has issued an urgent directive offering partial and full penalty waivers for Ethiopian-origin U.S. citizens who have overstayed their legal residence in the country, signaling a rare administrative amnesty aimed at regularizing immigration status and easing compliance. The measure, announced in an official

March 17, 2026 • By Addis Insight
Business

Ethiopian Cargo Joins Freightos Digital Booking Platform to Expand Global Freight Access

Addis Ababa — March 12, 2026 Ethiopian Cargo & Logistics Services, Africa’s largest air cargo operator, will join the global digital freight booking platform Freightos by the end of March, marking a significant step in the airline’s digital transformation strategy and expanding online cargo booking capabilities across its global network. The integration will allow freight

March 13, 2026 • By Addis Insight
Business

Ethiopia Moves to Unlock Potash Wealth as Ethiopian Investment Holdings Signs Mining Deal

Addis Ababa — Ethiopia has taken a new step toward developing its mineral resources after Ethiopian Investment Holdings (EIH) signed a potash mining agreement with the Ministry of Mines (Ethiopia), a move officials say could help transform the country into a significant player in the global fertilizer supply chain. The agreement was signed by Brook

March 13, 2026 • By Addis Insight