Uncategorized

Ethiopian Airlines Acquires Twin Otter 300-G Aircraft to Expand Regional Connectivity

Addis Ababa, Ethiopia – June 21, 2025 — Ethiopian Airlines has signed a purchase agreement for two Twin Otter Classic 300-G aircraft, in a move aimed at boosting regional accessibility and expanding the airline’s operational versatility across East Africa. The order marks the first time the Canadian-built Twin Otter will enter the airline’s fleet. Configured

June 21, 2025 • By Addis Insight

Business

Dashen Bank Unveils Secure Valuable Asset Deposit Service for Individuals and Institutions

Dashen Bank has officially launched a secure valuable asset deposit service, offering its customers the ability to store high-value items—such as securities, gemstones, gold, precious metals, and important documents—in specialized safes and deposit boxes with top-tier security protocols. The new service, introduced by Dashen’s Treasury Management Division, represents a significant step in the bank’s ongoing

June 20, 2025 • By Addis Insight

Uncategorized

How Two AI-Generated Ethiopian Aunties Are Rewriting the Rules of Diaspora Media

“Buna Girlies Take Over TikTok”: In a social media era dominated by creators chasing trends, filters, and monetization schemes, a brand-new TikTok account has broken through the noise with an unexpected, authentic twist — and it’s completely artificial. Meet the @habeshapodcast251 TikTok account, home to the “Buna Girlies Podcast” — a fictional but richly lifelike

June 19, 2025 • By Addis Insight

Business

Ethiopia’s Forex Auction Sets Average Exchange Rate at 136.63 Birr/USD

This development comes as part of the central bank’s ongoing managed forex auction system aimed at addressing Ethiopia’s foreign currency shortages while ensuring fair and market-reflective pricing. The weighted average rate reflects the mean of all successful bids submitted by participating banks. According to the announcement, the NBE continues to implement periodic forex auctions in

June 19, 2025 • By Addis Insight

Politics

Beyond the Law: Ethiopia Approves Shocking Immunity for Investigators—Except for Murder

Ethiopia’s House of People’s Representatives has approved a controversial amendment to the country’s longstanding anti-money laundering and counter-terrorism proclamation, sparking strong criticism from legal experts and parliamentarians who warn that the changes could enable serious human rights violations. The amendment, passed on Tuesday, modifies a key provision in the 58-article proclamation first enacted in 2005

June 19, 2025 • By Addis Insight

Business

Meet Ethiopian-American Dr. Aminé: A Rapper Reimagining Diaspora, Academia, and Home

When Adam Aminé Daniel—better known simply as Aminé—returned to Portland State University this June, he did so not as a student or guest performer, but as an honoree. Nine years after he left the university to pursue music full-time, the institution awarded him an honorary Doctorate of Humane Letters. In that moment, as the applause

June 18, 2025 • By Addis Insight

Business

National Palace Museum Officially Opens Its Doors to the Public

Addis Ababa — June 17, 2025 The National Palace Museum in Addis Ababa, renovated and inaugurated four months ago, is now officially open to the public, marking a significant milestone in Ethiopia’s efforts to promote cultural tourism. Mitku Deresa, Director General of the Palace Administration, announced that the museum is open for public visits starting

June 17, 2025 • By Addis Insight

Business

Ethiopian Airlines Suspends Tel Aviv Flights Amid Heightened Regional Tensions

Addis Ababa, June 16, 2025 — Ethiopian Airlines has temporarily suspended all flights between Addis Ababa (ADD) and Tel Aviv (TLV) until June 22, 2025, citing “operational considerations,” according to an official announcement shared on the airline’s social media channels. The suspension affects both outbound and inbound flights and comes amid intensifying tensions in the

June 16, 2025 • By Addis Insight

Business

Addis Ababa Approves Record 350 Billion Birr Budget for 2025 Fiscal Year

Addis Ababa, June 16, 2025 — The Addis Ababa City Administration Cabinet has approved a landmark 350 billion birr (approx. $6 billion USD) draft budget for the 2018 Ethiopian fiscal year (2025/26), marking the city’s largest budget allocation to date. The proposal will now be submitted to the City Council for final approval. The decision

June 16, 2025 • By Addis Insight

Business

Ethiopia at Risk of U.S. Travel Ban Amid Growing Immigration Scrutiny

Addis Ababa, Ethiopia – June 15, 2025 Ethiopia has been named among 36 countries facing potential travel restrictions to the United States, according to a classified memo from the U.S. State Department leaked to The Washington Post. The document, signed by Secretary of State Marco Rubio, signals a new chapter in U.S. immigration enforcement and

June 15, 2025 • By Addis Insight