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New Year, New Money

The government of Ethiopia on September 14, 2020, has introduced a new birr, a unit of Ethiopian currency, with additional security features and other forms of identifications just after the celebration of the Ethiopian new year. Prime Minister Abiy Ahmed revealed, on his Facebook post, that the existing 10, 50, and 100 birr notes will

September 14, 2020 • By Addis Insight

Opinion

The Right Dam in the Right Place

“It is of paramount importance to Ethiopia, and a problem of the first order, that the waters of the Nile be made to serve the life and needs both of our beloved people now living and those who will follow us centuries to come. However generously Ethiopia may be prepared to share this tremendous God-given

September 10, 2020 • By Addis Insight

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From Nobel Prize to No Bail Rulings: The Year in Review

The 2012 Ethiopian year saw many tidal social, economic, and political events happen whose immense implication will continue to shape the years to come too.  While there had been moments of rejoice and celebrations, the year saw many tragic events and losses. The Ethiopian government and its people were tested on many fronts, both from

September 10, 2020 • By Addis Insight

Uncategorized

Court Sentences Two-time Wife killer to Death

Wolkite High Court in Gurage zone sentenced Beharu Wondemagegn to death after he was found guilty of brutally killing his wife.  Beharu, who brutally beat his wife to death and threw her body into a nearby river on April 2, 2020, was pardoned two years ago from a life sentence after he similarly murdered his

September 8, 2020 • By Addis Insight

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Mastercard Appoints Ethiopian Business Mogul as Vice President

Ethiopian business mogul Mimi Alemayehu has been appointed as Senior Vice President for the Public-Private Partnership in the Humanitarian and Development Group of Mastercard. Mastercard, the global payment service provider, announced Mimi would manage MasterCard’s social impact partnerships and financial deals by working closely with international institutions and groups. The American citizen who was born

September 7, 2020 • By Addis Insight

Uncategorized

Local Tech firm to Start Home Delivery Using Drones

Addis Mercato, an integrated e-commerce and logistics company, in partnership with TechEagle, an Indian tech company, is launching the first commercial regular fully automated and intelligent urban and suburban drone delivery service in Ethiopia. Addis Mercato entered a strategic partnership with TechEagle to jointly launch the innovative on-demand drone logistics network for delivering healthcare items

September 4, 2020 • By Addis Insight

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Eye Bank Of Ethiopia Named Among Top Five World Impacters

The U.S-based P3 Impact Award, named Eye Bank of Ethiopia (EBE), corneal blindness elimination partnership, among the five leading world-impacting public-private partnerships. P3 Impact Award announcing the top five finalists recently said, EBE, the first-ever eye bank in sub-Saharan Africa aims to serve as a model for development throughout Africa which will utilize global best

September 4, 2020 • By Addis Insight

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Haile Gebrselassie Introduces A New Resort Shortly After Recent Burn Down

Haile Gebrselassie, Ethiopian Olympic champion runner, has inaugurated the 7th Haile Resort located in Adama town,  with a half-billion birr cost. The new resort located 80km southeast of Addis Ababa, according to the State-affiliated media FBC report, has 106 guest rooms, gymnasiums, swimming pools, dining, and meeting halls. Haile said during the inauguration ceremony, the

September 4, 2020 • By Addis Insight

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Ethiopian Government Defends Saudi Arabia after Shocking Migrants Report

The Ministry of Foreign Affairs of Ethiopia defended the Kingdom of Saudi Arabia after a report by The Sunday Telegraph, a newspaper publication based in London, exposed the hellish conditions in which the Gulf State is keeping African migrants locked in detention centers. In a press release issued today, September 3, 2020, the Ministry stated that

September 3, 2020 • By Addis Insight

Culture

Leah Bekele Becomes a VP at Warner Records

Ethiopian-American promoter Leah Bekele became the youngest black woman to become senior Vice President of Rhythm Promotion & Lifestyle, urban promotion team of Warner Bros, an American diversified multinational mass media and entertainment company. Born in Addis Ababa, Leah has impressed Warner Bros with her successful six-year time in one of the premier music labels

September 3, 2020 • By Addis Insight