Culture

Excerpt: A Gallop in Ethiopia: Wax, Gold & the Abyssinian Pony

Yves-Marie Stranger came to Addis Ababa in 2000, planning to stay a few months. He stayed for fifteen years, working as a book editor, interpreter, and translator and as an owner of an equestrian stable, leading horse treks in the Showan highlands. Yves has edited an acclaimed book (Ethiopia through writers’ eyes), and authored a

June 8, 2022 • By Addis Insight

Business

National Bank of Ethiopia grants license to 8 new banks

National Bank of Ethiopia announces licenses to eight new banks Fraser Ayalew, Director of  Banking Control at the National Bank of Ethiopia said several banks are applying for licenses following the ongoing reforms in the financial sector. He recalled that the National Bank of Ethiopia (NBE) has increased the minimum capital required to establish a

June 8, 2022 • By Addis Insight

Tech

Ethiotelecom Statement On Possible Service Disruption

We have encountered an incident on our international gateways outside the borders of the country and we are currently providing internet service with a backup line. As a consequence our internet service subscribers will experience degradation of internet speed and we are sorry for any inconvenience caused. Our engineers are collaborating with partners to restore

June 8, 2022 • By Addis Insight

Ethiopian War

More than 1100 trucks reached Tigray in the last 7 days

Secretary Antoni Blinken The United States welcomes the progress in securing more regular access for humanitarian assistance to communities in need in the Afar, Amhara, and Tigray regions of Ethiopia.  In the past seven days, more than 1,100 trucks have reached Tigray to deliver life-saving food, malnutrition treatment and health supplies, and other essential relief

June 8, 2022 • By Addis Insight

Business

The Federal Government has allocated 12 billion birr to Tigray State

The Federal Government has allocated 12 billion birr to Tigray State out of the total budget allocation for the states for 2015. Out of the total 786 billion birr budget presented for the 2015 fiscal year, 71 billion birr for Oromia, 44 billion birr for Amhara, 26.5 billion birr for southern nations, nationalities and peoples,

June 8, 2022 • By Addis Insight

Business

The 2022 Draft Budget focuses on debt relief, reconstruction of war-torn infrastructure,

The 2022 Draft Budget focuses on debt relief, reconstruction of war-torn infrastructure, humanitarian assistance to the victims and national security: Ahmed Shede Addis Ababa: May 30, 2014 (FBC) The 2015 Federal Government Draft Budget has been prepared with a focus on debt relief, reconstruction of war-damaged infrastructure, providing humanitarian assistance to the affected people and

June 7, 2022 • By Addis Insight

Business

World Bank pledges $ 195 million to support health sector in Ethiopia

The World Bank has provided $ 195 million to support the health sector in Ethiopia and to provide CV-19 vaccine to its citizens. Funding will also support Ethiopia’s efforts to make CV-19 vaccines available nationwide and rehabilitate conflict-affected public health facilities. In addition to helping the underprivileged health system in Ethiopia, the current funding will

June 7, 2022 • By Addis Insight

Business

Transport tariff reform to be implemented in the capital

Transport tariff reform to be implemented in the capital tomorrow Addis Ababa: May 30, 2014 (FBC) The Addis Ababa Transport Bureau announced that it has revised its transport service tariff. The tariff increase is said to be in line with global oil prices. According to Yirgalem Berhane, Deputy Head of the Addis Ababa City Administration

June 7, 2022 • By Addis Insight

News

Court has ordered the release of Temesgen Desalegn

#Ethiopia | Federal Court of First Instance has ordered the release of Temesgen Desalegn, journalist Solomon Shumye and Maeza Mohammed, founder and owner of Roha Media, on a 10,000-birr bail bond. In the case of Yayesew Shimeles & Meskerem Abera the court granted police six more days to investigate. The Federal Court of First Instance’s

June 7, 2022 • By Addis Insight

News

Alternative date has been set for tomorrow on the case of five journalists and media owners

Details: An alternative date has been set for tomorrow to issue an order on the case of five journalists and media owners The Federal Court of First Instance has set an alternative date for the hearing of the case of five journalists and media owners. Tomorrow, Tuesday, June 7; Media professionals scheduled for 2022 are

June 6, 2022 • By Addis Insight