Business

Commercial Bank of Ethiopia Launches StarPay, Advancing the Country’s Digital Banking Push

The (CBE) has officially launched , a new digital payment and banking application designed to elevate Ethiopia’s digital financial ecosystem and expand access to fast, convenient, and modern banking services. The announcement was made during an official launch event, with remarks delivered by , Vice President of Corporate Service Excellence at CBE. Speaking at the

January 17, 2026 • By Addis Insight

Entertainment & Arts

Beloved Ethiopian Actor and TV Host Netsanet Workneh Passes Away at 49

Addis Ababa — January 16, 2026Ethiopia’s entertainment community has been struck with grief following the passing of Artist Netsanet Workneh, a celebrated actor, TV presenter, and cultural figure. He died earlier today after battling a long-term illness, according to EBS Television. Netsanet, widely known and loved by audiences across the country, leaves behind an enduring

January 16, 2026 • By Addis Insight

Business

Why a US visa ban on 26 African nations will backfire

AS DONALD TRUMP prepares for his first full week back in the Oval Office, his administration has delivered a blunt message to the developing world: you are no longer invited.On January 14th the State Department announced it would pause the issuance of new immigrant visas to citizens of 75 countries. The rationale—that these newcomers might

January 15, 2026 • By Addis Insight

Entertainment & Arts

Inside Ethiopia’s Record-Setting iShowSpeed Visit — and the Team That Made It Happen

January 13, 2026 will be remembered as the night Ethiopia took ownership of the iShowSpeed phenomenon — and briefly became the center of global online attention. In less than a day, the American streamer’s whirlwind stop in Addis Ababa delivered the most-watched episode of his Speed Does Africa tour so far, pulling in record-breaking traffic

January 14, 2026 • By Addis Insight

Business

Ethiopia Ends Administered Interest Rates in Landmark Financial Reform

Ethiopia’s central bank has scrapped all controls on commercial lending and deposit rates, in a sweeping deregulation move expected to reshape liquidity, credit pricing and competition across the country’s banking sector. Under Directive No. NBE/INT/13/2026, issued by the National Bank of Ethiopia and effective January 9, 2025, banks will now be allowed to freely set

January 9, 2026 • By Addis Insight

Business

Hybe America Appoints Ethiopia Habtemariam as President of Music

Hybe America has appointed Ethiopia Habtemariam as its new president of music, effective immediately. The longtime executive and former Motown Records chief will work between Los Angeles and Atlanta. In her new role, Habtemariam will guide Hybe America’s music strategy, leading A&R and artist development across the company’s group of labels. She will also focus

January 9, 2026 • By Addis Insight

Business

IMF Africa Director Abebe Aemro Selassie to Retire in May

The International Monetary Fund has announced that Abebe Aemro Selassie, the Ethiopian economist who has led its African Department for nearly a decade, will retire on May 1, 2026. The statement was issued Tuesday by IMF Managing Director Kristalina Georgieva. Abebe has directed the Fund’s work with forty-five countries across sub-Saharan Africa since 2016—an era

January 8, 2026 • By Addis Insight

Business

Ethiopia’s Forex Auction Clears at Birr 154.87 per Dollar

Addis Ababa, January 6, 2026 — Ethiopia’s central bank on Tuesday announced the results of its latest foreign exchange auction, with the weighted average exchange rate settling at Birr 154.8729 per US dollar, reflecting continued adjustment in the country’s managed FX regime. According to a statement issued by the National Bank of Ethiopia (NBE), a

January 6, 2026 • By Addis Insight

Business

Ethiopian Airlines to Launch New Lyon Service via Geneva

Addis Ababa, 06 January 2026 — Ethiopian Airlines has announced plans to introduce a new passenger service to Lyon, France, via Geneva, beginning 02 July 2026. The thrice-weekly operation will further deepen the carrier’s footprint in France, complementing its existing services to Paris and Marseille. With the addition of Lyon, Ethiopian Airlines will expand its

January 6, 2026 • By Addis Insight

Uncategorized

Carrefour to Enter Ethiopian Market Through Franchise Deal with MIDROC Affiliate

French retail giant has officially announced its entry into the Ethiopian market after signing a franchise agreement with , a subsidiary of . Under the agreement, Queens Supermarket will operate Carrefour-branded stores across Ethiopia, using Carrefour’s trademarks, operating standards, and product systems. Existing Queens Supermarket branches in Bole and other parts of Addis Ababa are

January 6, 2026 • By Addis Insight