News

PM Abiy Ahmed expresses hope that Ethiopia-Somalia relations will be further strengthened

PM expresses hope that Ethiopia-Somalia relations will be further strengthened Addis Ababa: June 26, 2014 (FBC) The Prime Minister of the Federal Democratic Republic of Ethiopia, Abiy Ahmed, expressed hope that Ethiopia and Somalia will further strengthen their bilateral relations. Speaking in Mogadishu on the occasion of the inauguration of the new President of Somalia,

June 9, 2022 • By Addis Insight

News

Court revoked a bail granted to Temesgen Desalegn, Solomon Shumye and Meaza Mohammed

The 10,000 birr bail granted to Temesgen Desalegn, Solomon Shumye and Maeza Mohammed has been revoked The Federal High Court has revoked the 10,000 birr bail granted to journalists Temesgen Desalegn, Solomon Shumye and Maeza Mohammed. The court overturned the decision; After the Addis Ababa Police Commission has appealed the bail order. The Supreme Court

June 9, 2022 • By Addis Insight

Business

Why Banning Cryptocurrencies in Ethiopia Is a Right Move

By- Lewoye Bantie Cryptocurrency (crypto) is defined as a decentralized digital currency intended to be used in buying or selling goods and services. Cryptocurrency is currently at the frontier of financial development. It provides both opportunities and risks in financial markets and has attracted significant attention in recent years. Accordingly, the number of market players

June 9, 2022 • By Addis Insight

Business

India’s Arvind Limited cutting down its garment production capacity in Ethiopia

India’s Arvind Limited is gradually cutting down its garment production capacity in Ethiopia with uncertainty looming over renewal of the US African Growth and Opportunity Act (AGOA). The company, however, has earmarked ₹200 crore for capacity augmentation in its advanced material division and garmenting businesses, and cost optimisation projects for fabric business during fiscal 2022-23.

June 8, 2022 • By Addis Insight

Culture

HIH Prince Ermias Sahle Selassie Haile Selassie returns from Panama

Neb Demessie Moa Anbessa HIH Prince Ermias Sahle Selassie Haile Selassie, HIH Princess Saba Kebede and advisors to the Crown Council of Ethiopia returned to the United States last week from an official State visit in Panama. HIH Prince Ermias Sahle Selassie and advisors to the Crown Council of Ethiopia attended private meetings and receptions

June 8, 2022 • By Addis Insight

Uncategorized

Ride to go electric

RIDE’s founder and CEO Samrawit Fikru said that her company was working with its drivers to change their cars with electric vehicles. According to the CEO, the transition of the vehicles of more than 40,000 drivers of RIDE from gas powered cars into electric cars will help the economy of the country by saving foreign

June 8, 2022 • By Addis Insight

Uncategorized

Federal police arrested several suspects pretending to be Federal police

The Federal Police arrested several by the strictly monitoring individuals who have been organized by illegal bodies and operating with false documents pretending to be Ethiopian Federal police  special members. The suspects were armed with also illegal weapons and fake police IDs in various parts of Addis Ababa. Police have arrested them and are investigating.

June 8, 2022 • By Addis Insight

Culture

An Eritrean in Addis Ababa

For those who does not know the beautiful country I came from, Eritrea, let me give you a little insight. When you are walking down the street of Asmara, especially the main avenue, it feels like the history and culture of the country are walking you down holding your hands, letting the buildings talk for

June 8, 2022 • By Addis Insight

Diaspora

Professor Mesfin Tsige received $321,000 from NSF

Meet Mesfin Tsige who received $321,000 from the National Science Foundation to advance the fundamental understanding of the solution and interfacial properties of a type of polymer called polycatenanes, opening a door toward using them in molecular-level applications such as sensors, motors, and actuators. Mesfin Tsige is Professor of Polymer Science in the Department of

June 8, 2022 • By Addis Insight

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