Business

The Ethiopian Capital Market Authority Announces Transformative Developments in the Capital Markets Sector

Press Briefing Addis Ababa, February 7, 2024 – The Ethiopian Capital Market Authority (ECMA) is pleased to announce significant milestones in the country’s capital market sector. This development underscores the authority’s commitment to fostering a resilient and dynamic capital market ecosystem. The focal point of today’s press conference will be the recent adoption of the Capital Markets

February 7, 2024 • By Addis Insight

Uncategorized

Church Appeals for Government to Allow High-Ranking Archbishop’s Abune Petros Entry

In a recent development, the Ethiopian Orthodox Tewahedo Church has expressed significant concern regarding the treatment of one of its high-ranking officials, Abune Petros, the Archbishop of New York and the General Secretary of the Holy Synod. Upon his return from the United States, where he completed his apostolic service, Abune Petros was unexpectedly denied

February 6, 2024 • By Addis Insight

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Civilians Under Siege: The Harrowing Aftermath of Governmental Wrath in Merawi Claims 100+

In a tragic escalation of violence, over 50 individuals lost their lives in Merawi, a town within the newly established North Gojam zone of the Amhara region, following what appears to have been a government retaliation against civilians. This incident occurred on January 20, 2016, amidst a confrontation between the Defense Forces and Fano militants.

February 3, 2024 • By Addis Insight

News Wire

Extension of Emergency Measures: A Testament to the Government’s Struggle in Amhara

The House of Representatives has voted for an extension of the state of emergency, primarily affecting the Amhara region, for an additional four months. This decision came during a special session held on Friday, February 02, 2024, following an initial approval on August 2023. The extension was deemed necessary to continue addressing public peace and

February 2, 2024 • By Addis Insight

Culture

The First Supper: Haile Selassie Takes Center Stage in Strachan’s Majestic Sculpture

Haile Selassie, the revered Emperor of Ethiopia, takes center stage in Tavares Strachan’s monumental sculpture, “The First Supper, 2021-23,” recently unveiled in the Royal Academy Courtyard. This significant artwork, created by acclaimed interdisciplinary artist Tavares Strachan (b. 1979, Nassau, The Bahamas), is an integral part of the upcoming exhibition, “Entangled Pasts: 1768–now: Art, Colonialism and

February 1, 2024 • By Addis Insight

Business

Between Hashtags and Heartbreaks: Ethiopian Influencers at the Crossroads of Personal Choices and Public Perception

By Fikir Belete In the realm of marketing in Ethiopia, things are changing in how companies tell people about their products. They’re not relying so much on TV or radio; instead, they’re using social media like Instagram, Twitter, Facebook, and TikTok. This change is creating a big chance for influencers. Now, more people can get

January 31, 2024 • By Addis Insight

Business

20 Million Euro Extravaganza: Unveiling the Lavish Transformation of Ethiopia’s Palace

The exorbitant and unresponsive nature of the expenses incurred in the agreement signed between Ahmed Shide, the Minister of Finance, Valérie Tehio, the Country Director of the French Development Agency (AFD), and Frederic Bontems, the then Ambassador of France to Ethiopia and the African Union, has raised concerns. This agreement locked in a staggering 12

January 30, 2024 • By Addis Insight

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Awarding Scarcity: FAO’s Recognition of Abiy Ahmed Despite Ethiopia’s Stolen Food Crisis

The recent awarding of the Agricola Medal to Prime Minister Abiy Ahmed by the Food and Agriculture Organization (FAO) has brought to light the uncomfortable intersection of recognition and reality. The FAO, an organization committed to promoting sustainable food production and international cooperation, seemingly turned a blind eye to the humanitarian crisis unfolding in Ethiopia.

January 29, 2024 • By Addis Insight

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THE VALUE OF WOMEN’S SEXUALITY IN ETHIOPIA AND IT’S REPERCUSSIONS

By Kalkidan Asmamaw As a regular user of TikTok, I found the interaction between Bambi and Solomon engaging. In the live conversation between the couple, I admired how Bambi asserted herself, expressing clarity and boldness in her conversations with Solomon. She even claimed that she was wild in her past life, which was a refreshing

January 29, 2024 • By Addis Insight

News

Ethiopian Deputy Prime Minister Demeke Mekonnen Resigns: A Closer Look at a Political Journey

Ethiopia’s Deputy Prime Minister, Demeke Mekonnen, who also held the position of Minister of Foreign Affairs since November 2020, is stepping down from both roles, according to information shared by Ethiopia News Agency. Demeke, the third vice president of the ruling Prosperity Party representing the Amhara faction, has been relieved of his duties, effective today.

January 26, 2024 • By Addis Insight