Opinion

When Propaganda Fails: Ethiopia’s National Service Push Amid a 95% Student Failure Rate

The airing of the TV documentary “Building Greater Ethiopia in East Africa” on Abay TV, just two days after the release of Ethiopia’s devastating Grade 12 national exam results, highlights a troubling disconnect between the government’s messaging and the stark realities facing the nation’s youth. The documentary, which showcased Grade 12 students engaged in military

September 16, 2024 • By Addis Insight

Africa News

Djibouti Confirms: Tajura Port to be Jointly Managed, Not Handed Over to Ethiopia

Djibouti has stated that it will not hand over Tajura Port to Ethiopia but will instead jointly manage it. An agreement has been reached to develop a port where Ethiopia can import fuel. The Minister of Foreign Affairs of Ethiopia has stated that the government of Djibouti did not propose to hand over or sell

September 15, 2024 • By Addis Insight

Opinion

Artist Azeb Worku Powerful Reflection on the Clash Between Development and Dignity

I witnessed firsthand how development can destroy humanity. I’ve heard many heartbreaking stories of people whose homes were suddenly demolished in the name of development. While this saddens me, I must approach the issue with balance and objectivity. Without careful examination, my opinion may be skewed. The story I’m about to share is not just

September 14, 2024 • By Addis Insight

Business

Ethiopian Airlines Expands African Network with Daily Service to Port Sudan

Ethiopian Airlines is delighted to announce the launch of a daily flight service to Port Sudan, Sudan, commencing on October 15, 2024. This strategic expansion further strengthens Ethiopian’s commitment to enhancing connectivity across the African continent and beyond, fostering regional socio-economic growth and facilitating trade and tourism. The new route will provide seamless travel options

September 14, 2024 • By Addis Insight

Politics

U.S. Rejects Ethiopia-Somaliland MoU Amid Ongoing Diplomatic Dispute with Somalia

The United States has firmly stated that it does not recognize the memorandum of understanding (MoU) signed between Ethiopia and Somaliland, calling for a diplomatic resolution to the ongoing tensions between Somalia and Ethiopia. The MoU, which grants Ethiopia access to Somaliland’s Red Sea coastline, has fueled a diplomatic rift with Somalia, which views the

September 14, 2024 • By Addis Insight

Uncategorized

TikTok Star Jon Daniel & Co-Defendants Faces Serious Charges: Court to Rule on Bail

In a high-profile case, the Ministry of Justice prosecutor has filed three serious charges against six individuals, including social media influencer Yohannes Daniel, also known as “Jon Daniel” The charges include holding an aircraft, disseminating defamatory content via live video transmission, and obstructing a public servant in the course of their duties. The Federal High

September 13, 2024 • By Addis Insight

Business

Dr. Yohannes Ayalew Appointed CEO of Amhara Bank

Dr. Yohannes Ayalew has been appointed as the new CEO of Amhara Bank , effective September 13, 2024. This announcement came following his voluntary resignation from his previous role as the President of the Ethiopian Development Bank (DBE). Dr. Yohannes’ tenure at the Ethiopian Development Bank began on September 12, 2020. He succeeded Haileyesus Bekele,

September 13, 2024 • By Addis Insight

Business

Ethiopia’s Economic Crossroads: Navigating Reforms Amidst Financial Turmoil

By- Fahad Garba Aliyu Ethiopia has reached a critical juncture, closing its currency at a surprisingly pivotal moment, a decision rooted in decades of economic choices. Over the past twenty years, Ethiopia has financed its development primarily through heavily leveraged capital from international markets. While borrowing in itself is not inherently problematic, the issues arose

September 13, 2024 • By Addis Insight

Business

Ethiopia’s Banking Sector Reaches Trillion-Birr Milestone: A Financial Achievement in 2016

Ethiopia’s financial sector has remained robust by all standards over the last fiscal year, according to recent reports. A few months ago, the National Bank of Ethiopia (NBE) released its first Financial Sector Stability Report, highlighting the sector’s health. However, the report also noted the emergence of certain risks, stressing the need for vigilance and

September 12, 2024 • By Addis Insight

Sport

Ethiopian Olympic Leaders, Including Dr. Ashebir, Charged with Human Trafficking in Olympics Scandal

Ethiopian Olympic Committee Leaders, Including President Dr. Ashebir Woldegiorgis, Face Human Trafficking Allegations Four leaders of the Ethiopian Olympic Committee, including President Dr. Ashebir Woldegiorgis, have been charged with human trafficking and related offenses. The Ethiopian Olympic Committee itself is also among the defendants. The lawsuit, filed by athlete Haile Gebreslase, athlete Gezahgn Abera, the

September 12, 2024 • By Addis Insight