Business

Ethiopian Airlines Expands Nigeria Operations with 33 Weekly Flights

Adds New Evening Service from Abuja Starting October 28 Ethiopian Airlines is ramping up its Nigeria operations with three additional weekly evening flights from Abuja, bringing its total to 33 weekly flights across the country. The new schedule begins October 28, 2025, and will increase Abuja services to 10 flights per week. According to Firiehiwot

August 22, 2025 • By Addis Insight

Business

Businesses Warn USD Shortages Threaten Operations Despite Bank Allocations

Despite Ethiopian banks nearly doubling foreign currency allocations compared to last year, businesses continue to face severe U.S. dollar shortages that threaten daily operations and investment plans. Earlier this week, most commercial banks reported stronger allocations. Awash Bank earmarked $110 million for August, while Dashen Bank disbursed $11 million in the first six days. On

August 21, 2025 • By Addis Insight

Business

Telebirr Transactions Reach 2.38 Trillion Birr as Ethio Telecom Revenue Jumps 72% in 2017 EFY

Ethiopian Investment Holdings (EIH) opened its 2017 Ethiopian fiscal year (EFY) annual performance dialogue with a detailed review of Ethio Telecom’s impressive results, spotlighting the state-owned operator’s strong growth and expanding role in the country’s digital economy. Strong Operational and Financial Growth Ethio Telecom delivered solid year-on-year performance, underlined by a 6% increase in subscriptions

August 21, 2025 • By Addis Insight

Entertainment & Arts

Fekreaddis Nekatebeb Announces First Album in Nine Years

For nearly a decade, one of Ethiopia’s most soulful voices has been absent from the stage. Now, the silence is finally over. Fekreaddis Nekatebeb, the powerhouse diva whose haunting vocals and emotional ballads once dominated airwaves, is preparing to release her long-anticipated comeback album, Dehna Sow (“Good Person”). The Voice of a Generation Fekreaddis first

August 21, 2025 • By Addis Insight

Business

Development Bank of Ethiopia Reports Strong Growth in 2017 EFY

Addis Ababa – Ethiopian Investment Holdings (EIH), the nation’s sovereign wealth fund, concluded Day 3 of its annual performance dialogue with an in-depth review of the Development Bank of Ethiopia (DBE). The dialogue assessed the Bank’s financial and operational performance for the 2017 Ethiopian Fiscal Year (EFY), highlighting both achievements and areas requiring strategic improvement.

August 21, 2025 • By Addis Insight

Entertainment & Arts

Addis Legese to Release Debut Album Mastawesha with 14 Songs

Addis Legese’s long-awaited debut music album, Mastawesha (“Memoir”), will be officially presented to audiences on Saturday, August 23, 2025. Addis, widely admired for his hit singles Enjori, Enje, Ewedsheleh, and most recently Etu, has already captured the hearts of fans with his soulful voice and vibrant stage performances. His singles have collectively gained more than

August 20, 2025 • By Addis Insight

Business

KCB in Talks to Acquire Up to 40% Stake in Ethiopian Bank

Nairobi, August 20, 2025 – Kenya’s largest lender, KCB Group Plc, is in discussions to purchase as much as 40% of an Ethiopian bank, positioning itself as one of the first foreign lenders to enter Africa’s second most populous nation following recent regulatory reforms. Ethiopia’s parliament passed legislation earlier this year allowing international banks to

August 20, 2025 • By Addis Insight

Business

Ethiopian Airlines to Inaugurate New Chinese-Built Headquarters in 2026

Addis Ababa – Ethiopian Airlines Group is preparing to move into a new state-of-the-art headquarters by August 2026, as Africa’s largest carrier continues to expand its infrastructure base. The project, financed and built with Chinese expertise, is one of the most significant developments in the airline’s history. A Landmark Development The new headquarters consists of

August 20, 2025 • By Addis Insight

Tech

Trading Smarter, Not Harder: My Journey with OKX Bots

I still remember my first few months of trading. Like many beginners, I spent hours staring at charts, second-guessing my decisions, and wondering if I should buy now or wait. Sometimes I’d sell too early, other times I’d hold too long. What I learned quickly is that emotions often get in the way of good

August 20, 2025 • By Addis Insight

Uncategorized

Ethiopian Airlines to Inaugurate New Chinese-Built Headquarters in 2026

Addis Ababa – Ethiopian Airlines Group is preparing to move into a new state-of-the-art headquarters by August 2026, as Africa’s largest carrier continues to expand its infrastructure base. The project, financed and built with Chinese expertise, is one of the most significant developments in the airline’s history. A Landmark Development The new headquarters consists of

August 20, 2025 • By Addis Insight