News

US Sanctions Four Entities and Two Individuals in Connection with the Crisis in Ethiopia

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four entities and two individuals pursuant to Executive Order (E.O.) 14046 in response to the growing humanitarian and human rights crisis and expanding military conflict in Ethiopia. Today’s action targets Eritrean actors that have contributed to the crisis and

November 12, 2021 • By Addis Insight

Ethiopian War

The intervention of America into Ethiopia is feasible neither legally nor politically

By- Henok Abebe America has no any legal ground to send troops to Ethiopia. Under International law, the use of force is allowed based on either self-defense or when the UN Security Council authorizes that the use of force is a necessary means to establish and maintain international peace and security (collective security mechanism; like

November 12, 2021 • By Addis Insight

News

Friday Briefing: Business News Update

Dashen Bank  to start working with Tunisian Company  Dashen Bank has signed an agreement with Thunes, a leading global payment network to make it easier for its customers to receive remittances from around the world. The system will allow customers to receive remittances in person without having to go to the branches in person, directly

November 12, 2021 • By Addis Insight

News

Internally Displaced People exceeding to 2 million in Amhara Region

The Amhara Regional State Disaster Prevention and Food Security Program reported that the number of Internally Displaced Persons (IDPs) in the state exceeded 2 million. As a result of the TPLF’s war in the region, 1.14 million people have been displaced. Some 918,000 people have been displaced by clashes in Oromia and Benishangul-Gumuz states, the

November 12, 2021 • By Addis Insight

News

Ethiopian Electric Utility reported plundered infrastructure in the Capital

Ethiopian Electric Utility says more than 6.7 million birr worth of infrastructure has been looted in just three months. The Ethiopian Electric Utility (EEU) says it is working to attract 1 million new customers every year, but repeated theft of infrastructure has hampered it. In particular, the current political instability in Ethiopia has been used

November 12, 2021 • By Addis Insight

News

The United Insurance ingress to the real estate sector

The United Insurance Company said that due to the high number of vehicle accidents and the high cost of spare parts, compensation given by the insurance has increased compared to the previous year. The insurance company said it has paid more than 288 million birrs in compensation. The company made a profit of adding up

November 11, 2021 • By Addis Insight

News

UN says Ethiopia detains 72 World Food Program drivers in Northern Region

The United Nations said Wednesday that Ethiopia had detained 72 drivers working for the World Food Programme (WFP) in a northern city along the only functional road leading into the famine-threatened Tigray region. Since then Tigray has been under what the UN describes as a de facto humanitarian blockade. Only 15 percent of necessary aid

November 11, 2021 • By Addis Insight

News

US Secretary of State, Antony Blinken reaffirms commitment to preserving peace in Ethiopia

Following the Sanction of Ethiopia from an important trade pact, AGOA, and the current crises in Ethiopia,  foreign relations with the international community took a step back.  Major counterpart investigations and negotiations took part in this regard. US Secretary of State, Antony Blinken started his conversation with  Ethiopian deputy prime minister Demeke Mekonen to underscore

November 11, 2021 • By Addis Insight

News

Ethiopia blocks social media sites due to exam leak

Servers of several social media networks have been restricted in Ethiopia following the alleged leak of 12th-grade national exam papers, marking a third exam-related internet disruption in the last half of the decadeEvident restrictions to Facebook, Instagram, Messenger, and some WhatsApp and Telegram messaging servers have been reported on Monday, November 8th. According to cybersecurity

November 10, 2021 • By Addis Insight

Feature

Amnesty International reports on TPLF attack on Nifas Mewcha in Amhara region

The TPLF took control of Nifas Mewcha, in Amhara’s Gaint District, for nine days between 12 and 21 August 2021, as part of an ongoing offensive into parts of the Amhara and Afar regions. Regional government officials told Amnesty International that more than 70 women reported to authorities that they were raped in Nifas Mewcha

November 10, 2021 • By Addis Insight