Business

Ethiopia Starts Supplying Electricity to Tanzania via Kenya

Ethiopia has begun exporting electricity to Tanzania for the first time, delivering power through Kenya’s high-voltage transmission network in a successful pilot that marks a milestone in regional energy trade. Kenya Electricity Transmission Company (KETRACO) Managing Director announced on social media that the trial transmitted power from Ethiopia along Kenya’s 400kV Suswa–Isinya line to the

June 30, 2025 • By Addis Insight

Business

Ethiopia Opens Banking Sector to Foreign Investors Starting Today

Ethiopia Opens Banking Sector to Foreign Investors in Landmark Reform By Addis Insight Business Desk | June 25, 2025 ADDIS ABABA — Ethiopia has officially opened its banking sector to foreign investors for the first time, marking a historic shift in the country’s tightly regulated financial landscape. The National Bank of Ethiopia (NBE) released Directive

June 25, 2025 • By Addis Insight

Business

Ethiopian Startup Better Auth Raises $5M to Democratize Secure Authentication

Beyond the Valley: Better Auth Raises $5M to Democratize Authentication for the World June 25, 2025 Just three months after Addis Insight reported on their remarkable journey from Ethiopia to Silicon Valley, the story of Better Auth has taken yet another extraordinary turn. The startup—founded by Bereket Engida and Kinfe Michael Tariku—has officially closed a

June 25, 2025 • By Addis Insight

Opinion

Lessons That Outlived the ClassroomA tribute to Professor Hassen Mohammed

By Megdelawit Getahun Haile I’m still at the beginning. Still learning how to take up space. Still figuring out how to shape my questions into something that resembles a path. But whenever I find myself in a room where we’re talking about media, rights, or freedom of expression, I always find a way to bring

June 24, 2025 • By Addis Insight

Business

Ethiopia Mandates Federal Agencies to Accept All Licensed Digital Payments

Addis Ababa, June 2025 — Ethiopia’s Ministry of Finance has formalized Directive No. 1069/2025, requiring all federal public institutions—from tax offices to utility providers—to accept payments via any licensed payment service provider, including: These must be licensed by the National Bank of Ethiopia (NBE) (mofed.gov.et, africanenda.org, mfw4a.org). Key Provisions: Strategic Context & Sector Alignment Implications for

June 24, 2025 • By Addis Insight

Business

Addis Ababa Reports 89% Pass Rate in 8th Grade Exit Exam, Signaling Steady Academic Progress

ADDIS ABABA – June 24, 2025 — The Addis Ababa Education Bureau has officially released the results of the 2017 Ethiopian calendar (2024/2025 Gregorian) 8th Grade Exit Examination, revealing that an impressive 89 percent of students have successfully passed and are now eligible to advance to the 9th grade. Speaking at a press briefing this

June 24, 2025 • By Addis Insight

Business

Ethiopia Inks $3 Billion Fertilizer Deal With Dangote to Curb Import Dependence

ADDIS ABABA — Ethiopia is set to sign a $3 billion agreement with Nigerian billionaire Aliko Dangote to construct a large-scale fertilizer plant in the Somali Regional State, as the Horn of Africa nation seeks to reduce its reliance on imported agricultural inputs and stabilize local supply chains. The project, expected to break ground later

June 24, 2025 • By Addis Insight

Uncategorized

Ethiopian-Born York Student Nahom Worku Wins Apple Prize, Meets Tim Cook for Education App

ADDIS ABABA, Ethiopia – June 24, 2025 – A fourth-year York University student, Nahom Worku, has received international recognition at Apple’s esteemed Swift Student Challenge for his innovative educational application, Access Ed. The app, designed to bridge the digital divide for students in areas with unreliable internet, earned Worku a meeting with Apple CEO Tim

June 24, 2025 • By Addis Insight

Business

Ethiopia’s Government Officially Ends Fuel Subsidy: Prices to Follow Global Market Rates

Addis Ababa – June 21, 2025The Ethiopian government has officially announced the complete removal of its fuel subsidy, a policy shift set to recalibrate the country’s fuel pricing structure in line with international market rates. The Ministry of Trade and Regional Cooperation confirmed that the new directive, which has been in development for over a

June 21, 2025 • By Addis Insight

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