Business

Addis Ababa to host the 4th ET Real estate and expo.

December 10, 2021 – The 4th edition of Ethiopian Real Estate and Home Expo aimed at providing a platform for leading local and international real estate developers is set to be held from January 1st to 2nd, 2022 in Addis Ababa. The real estate expo comes at a time where Addis Ababa, the diplomatic capital of Africa is experiencing rapid

December 10, 2021 • By Addis Insight

Ethiopian War

TPLF destroys Kombolcha port-Ethiopian Maritime Transport

Ethiopian Maritime Transport and Logistics Service announced that TPLF has almost completely looted and destroyed the dry port terminal in Kombolcha. Mehretab Teklu, Deputy Chief Executive Officer of the Ethiopian Shipping and Logistics Service Enterprise, said that the Kombolcha dry port terminal has been looted. According to Mehretab Tekle, the group looted the port as

December 10, 2021 • By Addis Insight

News

Journalist Tamrat Negera was reportedly arrested by police

Journalist Tamrat Negera, Editor-in-Chief of Terara Network, was taken from his home by police today. The official Facebook account of Terara Network shared that police arrested journalist Tamrat Negera on 10th December, around 10:30 AM from his home. Tamerat was then taken to the Addis Ababa Police Commission Sostegna Police Station for questioning. According to

December 10, 2021 • By Addis Insight

Ethiopian War

Ethiopia’s Tigray War: A man who fought on his son’s grave

Stranded in Shewarobi in a village called Salaysh, Ato Eshetu Moges was one of the people among those who died in Ethiopia’s Tigray war. When a rebel group came drumming the sounds of death and destruction, a farmer stood on his ground against an existential trait killing almost 10 rebels that belonged to the tigray

December 10, 2021 • By Addis Insight

Ethiopian War

Human Rights Watch : Civilians are executed by Tigray forces in the Amhara region

Since the start of the armed conflict in Ethiopia’s northern Tigray region in November 2020, Human Rights Watch and other rights organizations have documented war crimes  and possible crimes against humanity in the Tigray region by all parties to the conflict. In July, fighting expanded to the neighboring Amhara region, leading to large-scale displacement, with

December 10, 2021 • By Addis Insight

Business

Nigeria’s Paga plans Ethiopia and crypto expansions in 2022

Nigerian payment platform Paga plans to press ahead with plans to expand in Ethiopia in 2022, and is also considering developing a crypto-currency product in Africa outside Nigeria, CEO Tayo Oviosu announced. The company has a license to operate in Ethiopia. As yet there is no date to start operations there, but Oviosu hopes it

December 10, 2021 • By Addis Insight

News

Prosperity Party Discussed the Need for National Dialogue

The Executive Committee of the Prosperity Party discussed current national issues and the need for inclusive national consultation. Adam Farah, head of the party’s office, said the executive committee of the party has set directions to strengthen the country’s existence and promote democracy. According to Ademeh Farah, the executive committee reviewed the current situation in

December 9, 2021 • By Addis Insight

Business

Commercial Bank of Ethiopia to lend over 100 billion birr

The Commercial Bank of Ethiopia (CBE) has announced that it is ready to provide over 100 billion birr loan to the private sector, agricultural inputs and public enterprises in the current budget year. The lifting of the government’s debt ban will have a significant impact on the country’s economy. It is well-known that private and

December 9, 2021 • By Addis Insight

News

Ethiopian Airlines partners with CarTrawler to provide online car rental service

Ethiopian Airlines, the fastest growing airline in Africa, partnered with CarTrawler, provider of online car rental distribution systems, for car hire and transfer services for its passengers globally. The affiliation enables Ethiopian Airlines to offer impeccable transport service to passengers throughout their journey. The service enables passengers to rent vehicles from third-party vehicle rental suppliers

December 9, 2021 • By Addis Insight

Business

ECA reports global energy market estimate $1.9 trillion in investments while Africa’s share is modest

The Economic Commission for Africa (ECA) and the RES4Africa Foundation have jointly released a series of country regulatory reviews on electricity markets in Ethiopia, Rwanda, Zambia, South Africa and Ghana. In 2020 alone, the global energy market saw about $1.9 trillion in investments, of which emerging and developing countries attracted 1/5th. Africa captured only a

December 9, 2021 • By Addis Insight