Author: Addis Insight

Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.
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October 18, 2024 By Addis Insight
Ethiopian War

Hanna Arayaselassie Appointed Minister of Justice as Husband Gedion Timotheos Takes Over Foreign Affairs

Prime Minister Abiy Ahmed Announces Key Cabinet Appointments The Prime Minister’s Office has announced significant changes in Ethiopia’s cabinet, appointing Dr. Gedion Timotheos as the new Minister of Foreign Affairs, Hanna Arayaselassie as the Minister of Justice, and Selamawit Kassa as the Minister of Tourism. Dr. Gedion Timotheos: Minister of Foreign Affairs Dr. Gedion Timotheos

October 18, 2024 By Addis Insight
Women

More Than Politics: The Power of Representation. 

Megdelawit Getahun  Let’s get this out of the way right from the start, If you’re looking for a political analysis of Sahle-Work Zewde’s tenure as Ethiopia’s first female president, you’re in the wrong place. I’m not here to dissect the ins and outs of her presidency or critique her actions. Honestly, I’m not usually the

October 18, 2024 By Addis Insight
Tech

Ethio Telecom’s Share Offering Explained: What Every Investor Should Know

By-Brook Beyene Ethio Telecom, Ethiopia’s dominant telecom provider, is in the process of partial privatization. The company is offering 100 million ordinary shares at ETB 300 per share, with the total offering amounting to ETB 30 billion. This marks an important milestone in the country’s economic reforms, as the state-owned enterprise opens up for public

October 17, 2024 By Addis Insight
Business

Don’t Confuse Ethio Telecom with GERD Bonds: The Investment You Need to Understand

By- Tsegamlak Solomon Ethio Telecom is Not GERD: Your Money is Not a Matter of Patriotism! Misguided Patriotism in the Ethio Telecom IPO Following the announcement of the Ethio Telecom IPO, several media outlets, particularly government-affiliated ones, have been framing the sale of shares as a matter of national pride and patriotism. While such enthusiasm

October 17, 2024 By Addis Insight
Business

Venture Meda Program Unveils Expert-Led Online Learning Bot to Empower Entrepreneurs, Marketplaces, and Gig Workers

 Addis Ababa, 17/10/2024  Venture Meda Program is proud to announce the official launch of the Venture Meda Learning Bot, a new Learning Management System (LMS) and e-learning platform. This is an iceaddis initiative a partnership between Iceaddis, the Ministry of Innovation and Technology, and the Mastercard Foundation, aimed at boosting the digital economy by aiding

October 17, 2024 By Addis Insight
Business

How Ethiopia Can Achieve 4% Growth by 2026: World Bank’s Insights on Inflation, Currency, and Investment

Ethiopia, like much of Sub-Saharan Africa, is navigating a complex economic landscape shaped by inflation, fiscal challenges, and the need for human capital development. The World Bank’s latest Africa’s Pulse report provides insights that are crucial for understanding Ethiopia’s economic prospects, particularly in light of inflationary pressures, exchange rate volatility, and the need for strategic

October 17, 2024 By Addis Insight
Uncategorized

Earthquake Tremors Felt Across Addis Ababa

Minutes ago, residents in various parts of Addis Ababa reported feeling the tremors of an earthquake. The earthquake, which lasted only a few seconds, has caused concern across the city. This marks the third earthquake tremor to be felt in recent days. A local resident shared, “It was especially strong upstairs. The building shook for

October 16, 2024 By Addis Insight
Tech

Ethio Telecom Opens Share Sale to the Public, Valued at 100 Million Shares

Prime Minister Abiy Ahmed Announces Sale of 10% of Ethio Telecom’s Shares, Valued at 30 Billion Birr In a ceremony attended by Prime Minister Abiy Ahmed (Dr.), Ethio Telecom officially announced the sale of 10% of its shares to the Ethiopian public. The share sale, which will run from October 16, 2024, to December 25,

October 16, 2024 By Addis Insight
Business

Ethiopian Airlines Flight Lands Safely After Smoke Incident

Addis Ababa, October 16, 2024 – Ethiopian Airlines has confirmed that flight ET248, en route from Addis Ababa to Dire Dawa, successfully landed at Dire Dawa Airport after smoke was noticed during the plane’s descent. Despite the unsettling situation, the airline assured that all passengers were disembarked safely and without incident. The source of the

October 16, 2024 By Addis Insight