Africa News

Ethiopia among the top 10 African countries for highest corporate tax

In this article, we are going to list the top 10 major economies in Africa by gross domestic product (GDP) with the highest corporate tax rates. Corporate tax rates vary across the globe and reflect the unique economic needs of every country. Countries rich in natural resources, for example, often generate a bulk of their

May 17, 2022 • By Addis Insight

Business

Ethiopia joins The International Forum of Sovereign Wealth Funds

IFSWF Strengthens its Footprint in Africa with Three New Memberships London, 17 May 2022 – The International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from over 40 countries, has admitted the Sovereign Fund of Egypt, as a full member, as well as Ethiopian Investment Holdings and the Fonds Souverain de Djibouti

May 17, 2022 • By Addis Insight

Ethiopian War

Brigadier General Tefera Mamo missing after leaving his home on Monday morning

Brigadier General Tefera Mamo missing after leaving his home on Monday morning, his wife Menen Hailethe BBC. According to his wife, the General left his home on Monday morning around 11:00 PM and had an appointment with a friend. Later on the day his wife, Menen repeatedly called on his cell phone but she did

May 17, 2022 • By Addis Insight

Uncategorized

Ethiopian Airlines Eyes Partnerships With Indian Airlines

Africa’s largest carrier Ethiopian Airlines is looking to create commercial partnerships with Indian low-cost carriers such as IndiGo and SpiceJet. Additionally, Ethiopian Airlines is also assessing the prospects of setting up its aircraft maintenance, repair, and overhaul facility in India. The airline already has a codeshare agreement with India’s national carrier Air India and a Special Prorate Agreement with Vistara. Currently, the

May 16, 2022 • By Addis Insight

Business

Ethiopia’s exports to China rise by 8% in 2021 over 2020 figure

Ethiopia’s export to China witnessed a steady growth amid booming bilateral trade and investment cooperation, according to Chinese ambassador to the country Zhao Zhiyuan, who recently said Ethiopia’s exports to China increased by 8 per cent in 2021 compared with 2020 as new foreign direct investment (FDI) from Chinese companies grew by 346 per cent.

May 16, 2022 • By Addis Insight

Africa News

Former Somali President Hassan Sheikh Mohamud has been elected as the country’s 10th president

# BREAKING – Former Somali President Hassan Sheikh Mohamud has been elected as the country’s 10th president in a third round of presidential election. President-elect Hassan Sheikh Mohammed led the country before President Formajo. President Mohamed Formajo, who is running for a second term, lost the election. Supporters greeted the result by cheering and firing

May 15, 2022 • By Addis Insight

Entertainment & Arts

Turin dedicates a full retrospective to Haile Gerima’s films

Knowing the past to build the future The complete retrospective of Haile Gerima films (born in Ethiopia, to Gondar in 1946, in 1967 to be in the United States with a scholarship for the Goodman School of Drama in Chicago; in 1969 he moved to Los Angeles and joined the theater school , film and

May 15, 2022 • By Addis Insight

Business

Ethiopia Sip One Billion Dollar from Coffee Export

Oumer Hussein, Ethiopia’s Minister of Agriculture, said in a congratulatory tweet that Ethiopian coffee exports had reached a new high of $1 billion in income. The export of around 300,000 tonnes of coffee to the global market contributed to the record-breaking revenue. Once again, China is Ethiopia’s top customer. In 2021, China’s imports of Ethiopian

May 15, 2022 • By Addis Insight

Feature

Government Hospitals Have Stopped Operating Due to Lack of Anesthetics

For the past few weeks, almost all government hospitals have stopped operating due to lack of anesthetics. It is unknown at this time when will the issue get addressed. As a result, thousands of patients are suffering from prolonged surgery. Doctors, too, have begun to listen to patients grievances instead of treating them. The department

May 14, 2022 • By Addis Insight

Feature

Dr. Mesfin Lemma became the first in the world to perform minimally invasive spine surgery

Dr. Mesfin Lemma, spine surgeon at MedStar Orthopaedic Institute, recently became the first in the world to perform minimally invasive spine surgery using the Excelsius3D 3-in-1 intelligent imaging system. Because it shows real-time video in 3D, it allows us to do the surgery more precisely and more minimally invasively. Consolidating cone-beam CT, fluoroscopy, and digital

May 14, 2022 • By Addis Insight