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City Inks 15million Dollar Deal to Reduce Traffic Accidents

The Addis Ababa city administration signed a 15 million dollar cooperation agreement with Bloomberg Initiative for Global Road Safety (BIGRS) to reduce traffic fatalities and injuries in the capital. The agreement signed yesterday, October 27, 2020, is part of a global 240 million dollar technical support that will last until 2025. The Addis Ababa City

October 28, 2020 • By Addis Insight

Culture

Lemma Guya, The Goatskin Painting Master Dies at 92

The renowned Ethiopian painter Lemma Guya has passed away today, October 26, 2020, at the age of 92. Lemma, who was an expert in painting portraits on goatskin, has lived through a career of 65 years, drawing over 10,000 paintings. The former Ethiopian Royal Force taught himself to paint in his leisure time and emerged

October 26, 2020 • By Addis Insight

Entrepreneurship

Local Start-up Named Finalist at Global Entrepreneurship Competition

Zafree Papers, a local start-up that makes tree-free paper pulp made from agricultural waste, has been selected as one of the best ten start-ups at The Entrepreneurship World Cup (EWC) Global Finals. The EWC, one of the world’s largest pitch competitions and support programs for entrepreneurs with 175,000 entrants applying from 200 countries, chose Zafree

October 18, 2020 • By Addis Insight

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Ethiopia in Talks over the Homecoming of Looted Treasures

The Embassy of Ethiopia in the UK has started talks with The Victoria and Albert Museum (V&A) in London, over returning looted treasures in its collections, including a gold crown and royal wedding dress, taken from the country more than 150 years ago. The talks are part of the V&A’s move to “decolonize” its collections

October 9, 2020 • By Addis Insight

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2000 Ethiopia’s Falash await Israel Parliament Vote to Determine Fate

The Israeli parliament, The Knesset, will vote on Monday, October 12, 2020, on bringing 2,000 members of the Falash Mura community in Ethiopia to Israel, with expenses expected to reach 51 million dollars.  “Six months ago, I promised to bring the remaining members of Ethiopia’s Jewish community to Israel. On Monday, I will present the

October 9, 2020 • By Addis Insight

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Local MFI named Finalist at a European Finance Award

The European Microfinance Award, an annual award given to innovative organizations active in financial services worldwide, has named Buusaa Gonofa, a microfinance institution in Oromia Regional State, as of one of the finalists for the 2020 European Microfinance Award. Buusaa, who was selected in recognition for its work in encouraging effective and inclusive saving, will

October 8, 2020 • By Addis Insight

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Federal Government Cuts ties, Budget Subsidies

The House of Federation (Hof) decided to stop any relationship the federal government has with the Tigray regional state assembly and the region’s highest executive body. The Federation that also cut budget subsidies to the state banned all federal institutions from sending letters and information to Tigray’s higher executive bodies, providing support to their institutions

October 7, 2020 • By Addis Insight

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Ethiopian Ministers Dominate Leadership Awards

Two Ethiopian ministers Melaku Alebel, Minister for Ministry of Trade and Industry, and Ahmed Shide, Minister of Finance, scooped leadership awards from The African Leadership magazine, a UK based magazine that highlights African stories. Melaku won the African Business Leadership Award of the Year 2020. The award was given to the minister to recognize his

October 2, 2020 • By Addis Insight

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U.S. Prosecutor Rule Death Of Ethiopian American as Suicide

In New Jersey, USA, the Prosecutor of Morris County announced that the death of Ethiopian American man Amanuel Tamrat, whose body was found hanging on a tree in a park on June 28, was a suicide. The investigation came after Black Lives Matter, a protest against police brutality and racial violence against black people, sent

October 1, 2020 • By Addis Insight

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Agency Bags 55 Billion in Profit

Twenty-one enterprises under the Public Enterprise Holding & Administration Agency earned 55 billion birr before tax in the last Ethiopian fiscal. The profit was obtained from the sale of 300.5 billion birr worth of products and services provided in the budget year, Beyene Gebremeskel, said director-general of the Agency. The Agency also secured 8.67 billion

September 30, 2020 • By Addis Insight