Business

Boeing Expands African Presence with New Office in Addis Ababa

Addis Ababa, Ethiopia – April 23, 2025 – In a move underscoring its long-term commitment to the African aviation industry, Boeing has officially opened a new administrative office in Addis Ababa, Ethiopia. This marks the company’s second office on the continent and reinforces its strategic efforts to support airline partners and aviation stakeholders across Africa.

April 23, 2025 • By Addis Insight

Politics

U.S. Senator Marco Rubio Cancels Planned Visit to Addis Ababa

U.S. Senator Marco Rubio, who also serves as a senior member of the Senate Foreign Relations Committee, has reportedly canceled his scheduled diplomatic visit to Addis Ababa, Ethiopia, and Nairobi, Kenya. The decision to call off the trip was confirmed just hours after Kenyan President William Ruto announced a five-day state visit to China. According

April 22, 2025 • By Addis Insight

Uncategorized

The Complex and Evolving Trends of Ethiopian Migration: An In-Depth Exploration

Ethiopia’s migration patterns have been shaped by a combination of political, social, economic, and environmental factors, both past and present, with approximately 250,000 Ethiopians migrating annually. Over the decades, Ethiopians have moved within their borders, across the region, and internationally—seeking better opportunities, refuge from political instability, or simply escaping harsh living conditions. Today, Ethiopian migration

April 21, 2025 • By Addis Insight

Business

Ethiopian Airlines Doubles Weekly Flights to Lagos, Nigeria

Addis Ababa, April 21, 2025 — Ethiopian Airlines has announced a major expansion in its flight services to Lagos, Nigeria. Beginning June, 2025, the airline will increase its weekly flights from 7 to 14. This move reflects a growing demand for connectivity between the two African commercial hubs. The announcement was made through Ethiopian Airlines’

April 21, 2025 • By Addis Insight

Business

Ethiopis Tafara Appointed as World Bank’s IFC Vice President for Africa

April 1, 2025 — Ethiopis Tafara has officially assumed his new position as Vice President for Africa at the International Finance Corporation (IFC), part of the World Bank Group. In his new role, Tafara will oversee IFC’s investment and advisory portfolio across Africa, with a focus on accelerating private sector participation in development and fostering

April 19, 2025 • By Addis Insight

Business

Ethiopian Airlines Commits 30 Billion Birr to Launch Phase of New Mega-Airport Near Bishoftu

Ethiopian Airlines has allocated a substantial 30 billion birr to begin preparatory works on its ambitious new airport and aviation hub near Bishoftu, located roughly 60 kilometers southeast of Addis Ababa. The development spans 35 square kilometers and represents a major milestone in the airline’s long-term expansion strategy. According to the Ministry of Finance, the

April 19, 2025 • By Addis Insight

Business

Foreign Exchange Auction Sets Average Rate at 131.49 Birr per Dollar, Says National Bank of Ethiopia

The National Bank of Ethiopia (NBE) has officially released the outcomes of its most recent foreign exchange auction, which took place today, offering a total of $70 million to participating commercial banks. According to the report issued by the central bank, the average exchange rate at which the foreign currency was purchased by successful bidders

April 17, 2025 • By Addis Insight

Health

Dr. Tedros Adhanom Ghebreyesus Named to TIME’s 2025 List of 100 Most Influential People

The Director-General of the World Health Organization (WHO), Dr. Tedros Adhanom Ghebreyesus, has been named to TIME magazine’s 2025 list of the 100 most influential people in the world. This marks the second time Dr. Tedros has received the distinction, which recognizes individuals across various sectors, including politics, science, the arts, and global leadership. The

April 17, 2025 • By Addis Insight

Culture

Ethiopian Orthodox Tewahedo Church Registers Sacred Relics as Intellectual Property to Prevent Misuse

The Ethiopian Orthodox Tewahedo Church has formally registered a range of sacred items—including drums, cymbals, crosses, rosaries, and more than ten ancient liturgical books—as intellectual property. This move, the Church says, is essential to protect these religious artifacts from misuse and to safeguard their spiritual and cultural significance. According to Elder Dawit Yared, head of

April 17, 2025 • By Addis Insight

Business

National Bank of Ethiopia to Hold $70 Million Forex Auction Tomorrow

The National Bank of Ethiopia (NBE) has announced that it will hold a foreign exchange auction worth $70 million tomorrow as part of its ongoing efforts to stabilize the foreign currency market and manage exchange rate fluctuations. In an official statement, the central bank confirmed that the auction is part of its regular biweekly foreign

April 16, 2025 • By Addis Insight