Business

Ethiopia Opens Door for Duty-Free Motorboat Imports

Ethiopia Opens Door for Duty-Free Motorboat Imports to Boost Tourism and Local Economies Addis Ababa — In a move aimed at unlocking the potential of Ethiopia’s rich network of lakes and stimulating the country’s tourism sector, the Ministry of Finance has issued a new directive allowing motorboats to be imported into the country duty-free for

September 14, 2025 • By Addis Insight

Business

Ethiopia 2017 Grade 12 Exam: Top Scorers & End of Remedial Pathways

Ethiopia’s Ministry of Education has unveiled key details ahead of the full release of the 2017 (E.C.) Grade 12 national exam results, spotlighting exceptional high scorers and signaling a major policy shift that will reshape opportunities for students who fall short of the pass mark. Record-Breaking Top Scores This year’s highest achievers have set an

September 14, 2025 • By Addis Insight

Business

Only 8.4% of Ethiopian Grade 12 Students Passed 2017 Exam

Ethiopia’s Ministry of Education has released the 2017 (Ethiopian calendar) Grade 12 national examination results, painting a complex picture of incremental improvement against a backdrop of systemic hurdles. Education Minister Professor Berhanu Nega detailed the outcomes in an official statement, highlighting both encouraging gains and persistent gaps in the country’s secondary education system. Overall Performance:

September 14, 2025 • By Addis Insight

Business

Ethiopian Airlines to Launch New International Airport by 2030

Addis Ababa’s Ambitious Second International GatewayEthiopia’s rapidly expanding aviation sector is preparing for a major milestone: the launch of the long-awaited Bishoftu International Airport, which is scheduled to begin handling international flights by 2030. Ethiopian Airlines Group CEO Mesfin Tasew revealed the timeline in an interview with the Ethiopian News Agency (ENA) during the celebrations

September 13, 2025 • By Addis Insight

Business

MIDROC Awards 764 Million Birr Bonus as Five-Year Turnaround Powers Record Growth

Addis Ababa, Ethiopia – MIDROC Investment Group, one of Ethiopia’s largest and most diversified private conglomerates, has announced a sweeping 764 million birr bonus for all employees. The decision, revealed during the company’s annual employee recognition and award program at the Millennium Hall in Addis Ababa, crowns a five-year transformation that has seen MIDROC rise

September 13, 2025 • By Addis Insight

Business

OKX Stack ’Em Campaign Goes Live: 110,000 USDT + PS5s and MacBooks Up for Grabs

Crypto exchange OKX has launched the Stack ’Em Campaign for African traders, offering a prize pool worth more than 110,000 USDT. Running from September 3 to October 3, 2025 (UTC), the campaign targets active traders, referrers, and depositors eager to earn big while competing for top prizes. Rewards include: How to Join Early movers benefit

September 13, 2025 • By Addis Insight

Business

Ethiopia’s Immigration and Citizenship Service Now Offers Passport Services Mon–Sat Until 10 PM

Ethiopia Extends Passport Service Hours to Meet Growing Demand Addis Ababa, September 12, 2025 — In a move aimed at easing the mounting demand for travel documents, Ethiopia’s Immigration and Citizenship Service (ICS) has announced a significant extension of its passport service hours across the country. Beginning September 2, 2018 Ethiopian Calendar (corresponding to September

September 12, 2025 • By Addis Insight

Business

Ethiopian Coffee Hits $1,739 per Kilo in Record-Breaking Auction

A New High for Ethiopia’s Signature Export Ethiopia’s reputation as the birthplace of coffee reached a stunning new peak this week when Alo Coffee concluded its first private auction, “Echoes of the Peak,” with prices that stunned even seasoned specialty-coffee traders.The headline number—$1,739 per kilogram for the highest-scoring lot—sets a new global benchmark for Ethiopian

September 12, 2025 • By Addis Insight

Business

Webuild’s Ten Mega-Projects, Two in Ethiopia: GERD and Koysha

Webuild’s Monumental Footprint: Inside the World’s Ten Most Ambitious Infrastructure Projects With Ethiopia as a rising energy powerhouse, two of Webuild’s boldest ventures illuminate how infrastructure can drive national transformation. A Century of Vision Meets Twenty-First Century Challenges From tunnels under the Alps to hydroelectric giants in the Horn of Africa, Webuild—the successor to the

September 12, 2025 • By Addis Insight

Business

Yeka Hills Transformed—But at What Human, Ecological and Economic Cost?

Yeka Hills Transformed—But at What Human, Ecological and Economic Cost? The Yeka Hills Transformation A geospatial and developmental analysis of Addis Ababa’s Chaka Project—an emblem of ambition, a magnet for capital, and a test of governance. Analysis · Updated September 12, 2025 · Addis Ababa Executive summary Few urban projects in Africa match the velocity

September 12, 2025 • By Addis Insight