News Wire

Ethiopia Grieves the Loss of Asfaw Meshesha’s Radiant Presence

In a somber moment, we bid farewell to the esteemed Ethiopian radio and TV host, Asfaw Meshesha, who succumbed to his battle with cancer. Asfaw initially captivated audiences on FM Radio 97.1 Irie Music at 2:00 PM, leaving an indelible mark with his distinctive voice and engaging presence. Upon his journey to America, Asfaw continued

January 14, 2024 • By Addis Insight

Business

Zemen Bank Marks Milestone with 5% ESX Investment in Ethiopia

In a historic development, Zemen Bank S.C. has achieved the milestone of becoming the inaugural privately held entity to invest in the Ethiopian Securities Exchange (ESX), securing a substantial 5% stake in the burgeoning stock market. With a valuation of 47.5 million birr, the bank’s acquisition not only surpasses the prescribed minimum investment threshold but

January 12, 2024 • By Addis Insight

Business

Gamifying Education: HaHu Scripts – The First Interactive App to Transform #Amharic and #Tigrigna Literacy and Culture!

In the face of alarming literacy statistics in Ethiopia, a groundbreaking initiative has emerged to address the educational challenges faced by the nation’s youth. The World Bank Policy brief on Education in Ethiopia recently revealed that a staggering 90% of 10-year-olds struggle to read a sentence, and only 1% of 4th and 5th graders demonstrate

January 12, 2024 • By Addis Insight

Uncategorized

An Open Letter to Major Dawit W/Giorgis and Mr. Getahew Beyene

This letter is penned by concerned members of the Amhara diaspora to address the imminent dangers and challenges confronting the Amhara/Fano Movement. Specifically, risks and obstacles that have arisen from efforts to form a unified front failing to materialize, with “Fano support group” organizers in the diaspora contributing to this breakdown. The Fano movement, a

January 11, 2024 • By Addis Insight

Culture

Farewell to Heritage: Demolition of Lombardia Takes a Grim Turn With Bookseller’s Tragic Death

In a tragic turn of events during the demolition of Lombardia Restaurant near Wabi Shebele, the incident claimed the life of a bookseller. Getnet had entered the premises to retrieve books from a warehouse within the restaurant when the government carried out the demolition. Unfortunately, the demolition process resulted in a fatal accident, leading to

January 11, 2024 • By Addis Insight

Opinion

Locked on Both Fronts: Ethiopia’s Landlocked Dilemma and Brainlocked Governance

Ethiopia, a nation with deep historical roots and cultural diversity, faces a multitude of challenges. While the lack of access to a seaport is often highlighted, the crux of the issue lies deeper – in the governance and decision-making processes of its leadership. Ethiopia’s predicament is not so much about its geographical limitations as it

January 6, 2024 • By Addis Insight

Business

Raxio Ethiopia appoints Degol Gossaye as its new General Manager

Tier III certified carrier-neutral facility in Addis Ababa provides innovative infrastructure to support the region’s ambition for digital inclusion. Addis Ababa, Ethiopia, 4 January 2024 – Raxio Data Centres, a leading provider of state-of-the-art carrier-neutral data centres across Africa, announced that it has appointed Degol Gossaye as its new General Manager of Raxio Ethiopia. Mr.

January 4, 2024 • By Addis Insight

Business

Digitizing Ethiopia’s Future: BeSingularity’s Revolutionary Sales Model

In the ever-evolving business environment of Ethiopia, BeSingularity has marked its presence as an innovative force in digitizing sales and distribution channels. Established in January 2021, the company swiftly positioned itself as a significant contributor to solving unemployment issues and helping bridge the digital divide in East Africa. BeSingularity’s ambition is to mobilize a million

January 3, 2024 • By Addis Insight

Uncategorized

From Prayer to Peril: 8 Lose Lives in Post-Kulubi Saint Gabriel Festival Attack

On December 28, 2023, a tragic incident unfolded as eight civilians lost their lives following the Saint Gabriel festival in Kulubi, as reported by Addis Standard. The massacre took place near Metehara, a town in Oromia’s East Shewa Zone. Eyewitnesses have confirmed the abduction of ten individuals by an armed group in this late-night attack.

January 2, 2024 • By Addis Insight

News Wire

End of an Era: Ethiopia Faces a Newly Empowered Somalia

In the ever-evolving geopolitical landscape of the Horn of Africa, two narratives are concurrently unfolding: Ethiopia’s dwindling influence amidst internal strife and economic challenges, and Somalia’s gradual rise to prominence, buoyed by significant milestones in debt relief and military empowerment. Ethiopia’s Diminishing Stature: A Nation Under Strain Ethiopia’s position as a regional powerhouse is increasingly

January 2, 2024 • By Addis Insight