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Conflict Reignites in Ethiopian Heritage Town Lalibela

In the renowned Ethiopian town of Lalibela, marked by its UNESCO World Heritage status, the outbreak of intense combat has disrupted the peace once again. The conflict, involving the national military and local militia forces, rekindles the strife that has previously beset the Amhara region. Early morning skirmishes have led to partial control of the

November 8, 2023 • By Addis Insight

Culture

Ethiopia’s “Survivor: Resort Edition” – Abiy Ahmed’s Unique Solution to National Crisis

In a bizarre turn of events, Ethiopia’s Prime Minister Abiy Ahmed has found an innovative way to tackle the nation’s deep-rooted issues of instability, kidnappings, forced disappearances, ethnic profiling, and war. While the average Ethiopian grapples with daily challenges, navigating the treacherous terrain of their homeland, Ahmed has decided to turn the country into a

November 6, 2023 • By Addis Insight

Business

The Benefits of the Ethiopian Stock Exchange for Small and Medium-sized Enterprises (SMEs)

By- Henok Gidey Small and Medium-sized Enterprises (SMEs) are the backbone of many economies, including Ethiopia. They play a pivotal role in job creation, innovation, and overall economic growth. To support and empower these SMEs, the Ethiopian government has taken significant steps to encourage their participation in the Ethiopian stock exchange. This move is expected

November 6, 2023 • By Addis Insight

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Kenya and Rwanda Allow Visa-Free Entry for All Africans, While Ethiopia Becomes More Unfriendly to Its Own Citizens

In a recent move that has been welcomed by many Africans, Kenya and Rwanda have announced that they will be allowed visa-free entry to all African citizens. This means that Africans from all over the continent will be able to visit Kenya and Rwanda without having to go through the lengthy and often expensive process

November 4, 2023 • By Addis Insight

Business

Impact vs. Number-Driven Startups: Striking the Balance in Ethiopia’s Startup Ecosystem

By- Fikir Belete  The startup ecosystem in Ethiopia is a dynamic and vibrant space, bustling with innovation, creativity, and ambition. It is now getting the recognition it deserves for having the potential to serve as a catalyst for economic growth, job creation, and technological advancements. The key stakeholders are doing a self-assessment and realizing the

November 2, 2023 • By Addis Insight

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Ethiopia: EHRC Documents Drone Strikes, Extrajudicial Killings, and Rape in Amhara

The Ethiopian Human Rights Commission (EHRC) has released a statement detailing the human rights abuses that have been taking place in the Amhara region of Ethiopia in connection with the ongoing armed conflict. The EHRC has confirmed that there have been numerous instances of extrajudicial killings, arbitrary arrests, and rape perpetrated by both government security

October 31, 2023 • By Addis Insight

Business

Dashen Bank Achieves Record Profit of 5 Billion Birr in 2015 Fiscal Year

Dashen Bank announced that it made a profit of 5 billion birr before tax in the 2015 fiscal year, an increase of 31.9 percent compared to the same period of the previous year. The bank’s 30th regular meeting of shareholders was held on that day. At the meeting, Dashen Bank board chairman Dula Mekonon and

October 27, 2023 • By Addis Insight

Business

NBE’s New Circular: A Threat to Access to Finance and Investment

By Tsegamlak Solomon  The National Bank of Ethiopia (NBE) recently issued a circular on the legality of interest-bearing private loans, which will have a significant implication on access to finance and investment in Ethiopia. In the circular dated October 08, 2023, the NBE, in a far-fetched argument, equated “lending with interest” with “providing banking business

October 25, 2023 • By Addis Insight

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Abiy’s Nobel Peace Prize Win Fuels His Ballon d’Or Dreams

Prime Minister Abiy Ahmed of Ethiopia is on a mission to win the Ballon d’Or, the most prestigious individual award in football. He recently scored eight goals and assisted three in a single match, leading his team to a convincing victory. This is just the latest sign of Abiy’s growing footballing prowess. Abiy’s interest in

October 24, 2023 • By Addis Insight

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Ethiopia Aims to Nearly Double Meat Exports

Ethiopia is setting ambitious goals to nearly double its meat and meat product exports in the current fiscal year, targeting a total of $141 million worth of exports, equivalent to 38,000 tons of meat products. This ambitious plan was revealed by the Livestock Development Institute, which is spearheading efforts to boost the country’s livestock sector.

October 24, 2023 • By Addis Insight