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The September 3, 2023 Majete Massacre of Amhara Civilians by Abiy Regime Forces

Civilians by Abiy Regime Forces The Amhara Association of America (AAA) has verified that on September 3, 2023, the Ethiopian National Defense Force (ENDF) carried out a door-to-door massacre in Majete and surrounding area in Efrata(na) Gidim Woreda, North Shewa Zone (Amhara Region, Ethiopia). AAA confirmed from eyewitnesses and families of the victims that the

September 7, 2023 • By Addis Insight

Business

IFC and the Ethiopian Capital Market Authority Partner to Increase Local-Currency Financing in Ethiopia

IFC and the Ethiopian Capital Market Authority (ECMA) today announced a program to support the growth of the country’s domestic capital markets and increase access to local currency finance. Under the four-year Ethiopia Capital Market Development Project, IFC will work with ECMA and other key stakeholders to develop capital market regulations, increase the efficiency of

September 6, 2023 • By Addis Insight

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More than 49 innocent people killed in Amhara region in a single day

Enat Party issued a statement on Wednesday, September 6, 2023, condemning the killing of more than 49 innocent people in the Amhara region by government security forces and drone attacks on Monday, September 4, 2023. The statement said that 29 innocent citizens were brutally killed in their homes by government soldiers in Majete City, North

September 6, 2023 • By Addis Insight

Business

CBE Updates Mobile Banking Service with Increased Transfer Limits and New Features

The Commercial Bank of Ethiopia (CBE) has updated its mobile banking service, making it more convenient and accessible for customers. One of the key changes is that all CBE branches can now provide services related to creating, resetting, and activating mobile and app services. This was previously limited to the branch where the customer opened

September 5, 2023 • By Addis Insight

Business

itel Mobile Unveils its latest S23+ Smartphone in Ethiopia, a Fusion of Curved Screen Elegance and Exceptional Performance. 

Addis Ababa, Ethiopia – August 31, 2023 – itel, the global leading smart life brand committed to providing quality consumer electronic products boasting excellent user experience has officially announced the imminent arrival of its flagship curved screen smartphone, the itel S23+. The itel S23+ is poised to revolutionize the smartphone experience with its cutting-edge technology and innovative features.  Over

September 1, 2023 • By Addis Insight

Business

Frehiwot Tamru appointed as Chairperson of Addis Ababa University Board

Ethio Telecom CEO Frehiwot Tamru has been appointed as the chairwoman of the board of Addis Ababa University, which is set to be organized as an autonomous university. The appointment was announced by Minister of Education Professor Birhanu Nega on Thursday, August 31, 2023. In addition to Frehiwot Tamru’s appointment, Minister of State for Education

August 31, 2023 • By Addis Insight

Business

Visa Partners with Enkopa Summit as Platinum Sponsor, Elevating Entrepreneurship and Tech Innovation in Ethiopia

ADDIS ABABA, August 31, 2023- Enkopa Summit is thrilled to announce that Visa, a global leader in digital payments will be joining as the Platinum Sponsor for its annual event, scheduled to take place on October 12th and 13th at the esteemed Science Museum in Addis Ababa, Ethiopia. Enkopa Summit, an industry event with a

August 31, 2023 • By Addis Insight

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More than 100 feared dead in Debremarkos fighting

Residents and health professionals in Debremarkos, the capital of East Gojam Zone, say that more than 100 people may have been killed in fighting between the Defense Forces and Fano militants from Friday, August 25 to Monday, August 28. A doctor at the Debremarkos Specialized Hospital, who did not want to be named, said that

August 31, 2023 • By Addis Insight

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Haile Gerima’s 6-Hour Documentary on Ethiopian Patriots to Be Released

Acclaimed filmmaker Haile Gerima is set to release his long-awaited documentary on the struggle of Ethiopian patriots during the Second Italo-Ethiopian War. The documentary, titled “Black Lions, Roman Wolves: The Children of Adwa,” is six hours long and features footage from Italy, France, Germany, the United Kingdom, and Russia, as well as first-hand interviews with

August 30, 2023 • By Addis Insight

Business

Kacha Digital Financial Services S.C Partners with Banks to Launch Non-Collateral Digital Lending Services

Addis Ababa, Ethiopia – August 26, 2023 Kacha Digital Financial Services S.C, a trailblazer in the digital financial service, has solidified its collaboration with multiple banks through an informative digital lending service workshop and formal agreement signing ceremony. On Saturday, August 26, 2023, Kacha Digital Financial Services S.C hosted an impactful workshop on digital lending.

August 26, 2023 • By Addis Insight