Business

Ethiopian Investment Holdings Plans Global Stock Market Return, Eyes Multinational Investments

Ethiopian Investment Holdings (EIH), the East African nation’s sovereign wealth fund, is poised to make a historic return to the global stock market with plans to invest in multinational corporations. This move marks Ethiopia’s reentry into international equity markets after more than a century, following Emperor Menelik II’s pioneering investments in New York stocks in

January 29, 2025 • By Addis Insight

Culture

After 40 Years Abroad: How Daniel Berhanu Returned to Ethiopia to Launch CoBuQa Mexican Restaurant

CoBuQa: A Taste of Mexico in the Heart of Addis Ababa In the lively Kasanchiz area of Addis Ababa, one restaurant is redefining the culinary scene by introducing authentic Mexican cuisine to Ethiopia: CoBuQa. This vibrant eatery, founded by Daniel Berhanu, seamlessly blends tradition and innovation to deliver a dining experience like no other. CoBuQa’s

January 28, 2025 • By Addis Insight

Business

Ahaz Platforms: Bridging the Digital Divide in Ethiopia

Founded in September 2021, Ahaz Platforms PLC is a mission-driven company determined to close the digital literacy gap in Ethiopia. With a focus on making education accessible, consistent, and transformative, Ahaz has become a beacon of innovation through its flagship project, Ahazawi—a digital learning platform designed to revolutionize how education is delivered and experienced. Tackling

January 28, 2025 • By Addis Insight

Health

Trust and Care in Crisis: A Look at Ethiopia’s Health Sector

By- Bereket Alemayehu “How would you feel if your mother was treated that way?” Among all the reprimands from our attending senior gynecologist, this one echoes in my mind. She would invoke this powerful question whenever there’s an incident where we could’ve exercised more compassion. And she’s justified in doing so, because research shows that

January 28, 2025 • By Addis Insight

Politics

Perennial War in DRC is a Scorn at Africa’s sovereignty

By Mike Omuodo A phone vibration drew my attention to an incoming message – a friend had sent a message with an attachment and a note reading, “This is so sad and needs to stop! The message was followed by some crying emojis.  Curious, I opened the attachment. It was a photo of some of

January 28, 2025 • By Addis Insight

Business

Why Ethiopia’s Forex Bureaus Are Offering Rates Banks Can’t Match

Since the launch of Ethiopia’s foreign exchange bureaus in October 2024, the country has seen a transformative shift in its currency exchange landscape. The shift to a market-based foreign exchange system, coupled with opening of new forex bureaus, is significantly improving access to foreign currency. This transition is helping streamline transactions, reduce reliance on the

January 27, 2025 • By Addis Insight

Uncategorized

4.9-Magnitude Earthquake Strikes Near Awash, Felt Across Addis Ababa and Beyond

A 4.9-magnitude earthquake struck 36 kilometers from Awash this morning at 10:48 a.m., according to the German Geoscience Research Center. The tremor, which lasted only a few seconds, was powerful enough to cause widespread concern and fear among residents in various areas, including the capital city, Addis Ababa. Residents described the quake as “terrible” and

January 27, 2025 • By Addis Insight

Politics

The House of Peoples’ Representatives Holds Special Session to Address Land Lease, Education, and Agricultural Issues

The 6th House of Peoples’ Representatives convened its 1st special session for the 4th year of its operational term. The session focuses on critical legislative matters, including reviewing reports, approving draft proclamations, and endorsing loan agreements. One of the key agenda items is the Ministry of Agriculture’s six-month implementation report for the 2025 fiscal year.

January 27, 2025 • By Addis Insight

Business

A Letter to the Ministry of Finance: Harnessing Bitcoin Mining for Ethiopia’s Economic Future

Dear Ministers and Directors, We write to you on behalf of Project Mano, an Ethiopian-led Bitcoin-focused nonprofit initiative. We respectfully submit this detailed proposal to underscore why Ethiopia must urgently embrace state-powered Bitcoin mining and establish its own national Bitcoin reserve. We also respectfully submit this thorough proposal to address Ethiopia’s persistent trade deficit, surging

January 27, 2025 • By Addis Insight

Business

Ethio-Djibouti Railway to Launch Passenger Services in February

Addis Ababa, Ethiopia – Ethio-Djibouti Railway (EDR) Share Company has announced its highly anticipated launch of passenger transport services, set to begin in February 2025. The move marks a significant milestone for the company as it shifts toward providing efficient and modern transportation options between Ethiopia and Djibouti. The company’s CEO, Engineer Takele Uma, confirmed

January 25, 2025 • By Addis Insight