Business

Djibouti’s Space Milestone: First Satellite Launched with SpaceX

In a significant advancement for Djibouti’s space ambitions, the Republic of Djibouti successfully launched its first satellite, Djibouti 1A, as part of SpaceX’s Transporter-9 dedicated SSO rideshare mission from Vandenberg Space Force Base. This launch aligns with SpaceX’s recent Falcon 9 rocket launch for the 29th resupply mission to the International Space Station (ISS), showcasing

November 12, 2023 • 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

Uncategorized

Unspoken Tensions: The Silent Diplomatic Divide Between Ethiopia and Eritrea in Riyadh

The recent Saudi-Africa Summit in Riyadh, initially seen as a potential platform for improving relations between Ethiopia and Eritrea, has instead highlighted the increasing strains in their bilateral ties. During the summit, Ethiopia’s Prime Minister Abiy Ahmed met with regional leaders from Somalia and Djibouti but notably did not engage in a meeting with Eritrea’s

November 11, 2023 • By Addis Insight

Tech

iceaddis and Mastercard Foundation Select Startups for Premiere Ethiopian Tech Accelerator

Ethiopia’s burgeoning tech scene is receiving a significant boost as iceaddis, the country’s pioneering innovation hub, in partnership with the Mastercard Foundation, unveils a roster of startups chosen for its high-profile accelerator program, Venture Media reports. This initiative is set to catalyze the growth of Ethiopia’s most promising tech ventures by providing access to capital,

November 11, 2023 • By Addis Insight

Politics

Journalist Fekadu Alemu, Head of Ethiopian National Media Support, Flees Country Amidst Safety Fears

The founder and Executive Director of Ethiopian National Media Support (ENMS), journalist Fekadu Alemu, has reportedly left the country due to safety concerns. Fekadu Alemu, a prominent journalist and the driving force behind ENMS, recently disclosed his decision to leave Ethiopia. Speaking to an anonymous source from Addis Insight, he suggested that the pressures he

November 11, 2023 • By Addis Insight

Politics

On the Horizon: Afwerki and Ahmed’s Imminent Confrontation at Saudi Summit

The Saudi-Africa Summit in Riyadh, a platform for dialogue and cooperation among African nations and Saudi Arabia, is set to witness a significant encounter between Eritrea’s President Isaias Afwerki and Ethiopia’s Prime Minister Abiy Ahmed. This meeting is particularly noteworthy given the recent tensions between the two leaders, exacerbated by Ethiopia’s aspirations for sea access.

November 10, 2023 • By Addis Insight

Uncategorized

Financial Clarity: Ethiopia’s ECMA Unveils Transparent Fee Strategy for 2023

In a groundbreaking move to bring clarity and structure to its capital market, the Ethiopian Capital Market Authority (ECMA) is introducing a new fee directive that will impact all capital market transactions within its jurisdiction. The directive, scheduled for implementation in 2023, is a detailed framework outlining the application, licensing, and transaction fees for various

November 10, 2023 • By Addis Insight

Business

Mobile Money Titans Clash: Safaricom’s M-PESA Hits 1.2 Million Users in Ethiopia, Challenging Telebirr’s Dominance

In the competitive landscape of Ethiopia’s mobile money market, a significant development unfolded with Safaricom’s announcement during its 2023/2024 Half Year Results. The Kenyan telecom giant has successfully registered 1.2 million customers for its M-PESA service in Ethiopia since its inception in August. M-PESA’s rollout was a strategic move by Safaricom, positioning it against Ethio

November 9, 2023 • By Addis Insight

Uncategorized

Rising Through the Ranks: Ato Sandokan Debebe’s Journey from Food Science to Prime Minister’s Chief of Staff

In a strategic move within Ethiopia’s corridors of power, Ato Sandokan Debebe has transitioned from the Ministry of Planning and Development, where he served as Minister of State, to the Prime Minister’s Special Office as Chief of Staff. This appointment by Prime Minister Abiy Ahmed elevates Ato Sandokan to a pivotal role in the Ethiopian

November 9, 2023 • By Addis Insight

Uncategorized

Amhara’s Absence: A Critical Flaw in Ethiopia’s Peace Dialogue

The unfolding peace talks in Dar es Salaam between the Ethiopian government and the Oromo Liberation Front (OLF) signal a pivotal moment in Ethiopia’s quest to resolve long-standing conflicts. However, this beacon of hope is shadowed by a conspicuous omission: the Amhara community, a group that has borne the brunt of the OLF’s military campaigns

November 8, 2023 • By Addis Insight