Health

Africa CDC Unveils $3.2 Billion Plan to Transform Vaccine and Drug Production

Addis Ababa, September 12, 2018 (FMC) — The Africa Centres for Disease Control and Prevention (Africa CDC) has announced a landmark $3.2 billion financing package to accelerate vaccine and pharmaceutical production across the continent. The initiative is widely viewed as a turning point for African health sovereignty, aimed at reducing the region’s chronic dependence on

September 22, 2025 • By Addis Insight

Sport

The End of an Era: Deconstructing Ethiopia’s Fall at the World Athletics Championships

For decades Ethiopia stood as the unrivalled cradle of distance-running greatness. The names of Haile Gebrselassie, Kenenisa Bekele, Tirunesh Dibaba, and Meseret Defar came to symbolize a nation whose endurance athletes not only dominated global competitions but also embodied national pride. Yet at the 2025 World Athletics Championships in Tokyo, this long-held aura of inevitability

September 22, 2025 • By Addis Insight

Business

Ethiopia Ends World Championships Medal Hunt Without Gold After 34 Years

Addis Ababa, September 11, 2018 (FMC) — The 20th World Athletics Championships concluded today in Tokyo, Japan, with Ethiopia collecting four medals—two silver and two bronze but no gold, marking the first time in 34 years that the nation has left the World Championships without a single gold medal. The result highlights the growing competitiveness

September 21, 2025 • By Addis Insight

Politics

President Taye Atsek Selassie Appoints New Military Leadership

Addis Ababa, September 10, 2018 (FMC) — Ethiopia’s military command structure witnessed a major reshuffle on Monday after President Taye Atsek Selassie, acting on the recommendation of Prime Minister Abiy Ahmed (PhD), approved the promotion and appointment of dozens of high-ranking officers across the armed forces. The appointments, which span the ranks of General, Lieutenant

September 20, 2025 • By Addis Insight

Business

Ethiopian Securities Exchange Appoints New Board of Directors

Addis Ababa – September 20, 2025 — The Ethiopian Securities Exchange (ESX) has announced the appointment of an expanded and diverse Board of Directors, a move aimed at strengthening the country’s emerging capital market and reinforcing its commitment to transparency and inclusivity. A Diverse and Strategic Board The newly appointed board brings together key figures

September 20, 2025 • By Addis Insight

Business

Ethiopian Airlines Trains Aviation Professionals from 16 Countries in Major Graduation Ceremony

ADDIS ABABA – Ethiopian Airlines, Africa’s largest and most profitable carrier, celebrated a new milestone today, graduating 1,103 aviation professionals from its world-renowned Ethiopian Aviation University. The ceremony, held in the airline’s home base of Addis Ababa, underscored the company’s strategic commitment to developing a robust and highly skilled workforce, not just for its own

September 20, 2025 • By Addis Insight

Business

Creative DNA 3.0 Launches in Ethiopia, Showcasing the Next Wave of Fashion Innovators 

Addis Ababa, Ethiopia — September 17 — The British Council Arts Programme, in collaboration with Creative Hub Ethiopia, is proud to announce the launch of Creative DNA: Ethiopia 3.0. This initiative continues its mission to spotlight and empower Ethiopia’s most promising fashion and accessory designers, equipping them with the tools to thrive locally and globally. 

September 20, 2025 • By Addis Insight

Business

Illegal Forex Crackdown: Ethiopia Freezes Bank Accounts of 123 Suspects

Addis Ababa — September 9, 2018 (FMC) — Ethiopian authorities have intensified their fight against black-market currency trading, announcing the immediate freezing of bank accounts belonging to 123 individuals suspected of engaging in illegal foreign exchange activities. Financial Security Service Action The Financial Security Service (FSS) stated that it has suspended the financial operations of

September 19, 2025 • By Addis Insight

Business

Commercial Bank of Ethiopia to Temporarily Suspend Several Services for Scheduled System Upgrade

Addis Ababa — The Commercial Bank of Ethiopia (CBE) announced that it will carry out a scheduled system upgrade on Sunday, September 21, 2025, during which a range of digital and in-branch services will be temporarily unavailable. According to the bank’s statement, mobile banking, internet banking, ATM machines, POS (point-of-sale) terminals and core banking operations

September 19, 2025 • By Addis Insight

Business

Who Is Eyob Tekalign Tolina? Ethiopia’s New National Bank of Ethiopia Governor

Prime Minister Abiy Ahmed (PhD) has appointed Dr. Eyob Tekalign Tolina as the new Governor of the National Bank of Ethiopia (NBE). His appointment comes shortly after the resignation of Mamo Mihretu, who left the post in early September following nearly three years of service. Extensive Experience in Finance and Planning Before taking up the

September 19, 2025 • By Addis Insight