Business

Ethiopian Airlines has once again won the 2021 African Best Airline Award.

Ethiopian Airlines has once again won the 2021 African Best Airline Award. The airline, which has won the internationally recognized Skytrax Award for four consecutive years, has announced that it will continue to provide quality services. South African and Kenyan airlines are second and third, behind Ethiopian Airlines. In addition to being the best airline

December 21, 2021 • By Addis Insight

Business

Ethiopian market in Rosemount develops a new customer base in Dakota County

During remote learning and stay-at-home lockdowns in 2020, Heaven Bekele, a single mom of three, found herself constantly traveling from her home in Rosemount to Minneapolis to buy Ethiopian ingredients and groceries. During those back and forth commutes, Bekele, who was born in Ethiopia, decided to open her own store that would serve other Ethiopian

December 21, 2021 • By Addis Insight

Business

Ethiopian airlines dethroned by Kenyan airways, named African leading airline

Kenya Airways has been awarded ‘leading airline in Africa’  The last time Kenya Airways bagged this award was in 2016 and 2017, making the timing very encouraging for the airlines because it shows recovery from the blow dealt by COVID-19 For three years starting from 2018, Ethiopian Airlines had held this prestigious award, but it

December 20, 2021 • By Addis Insight

Business

Abyssinia Bank awards CSCEC to construct its 60 storey building headquarter

After using the 15-storey building (bought at 400 million birr from SACA PLC) for seven years, Bank of Abyssinia had recently announced that its management wants to move the headquarters to a new building. The bank just announced that the construction project of this anticipated new building was awarded to China State Construction Engineering Corporation

December 18, 2021 • By Addis Insight

Business

Selamawit Zemene wins the AACCI award for best woman entrepreneur of the year

Mrs. Selamawit Zemene, an Ethiopian residing in Nairobi won the Woman Entrepreneur Award of the Year of the Asian-African Chamber of Commerce and Industry (AACCI) at the Asian-African Leadership Forum held in Ghanaian capital, Accra on 10 December 202. She is and the Chief Executive Officer of Signum Company Limited. The Embassy of the FDRE

December 17, 2021 • By Addis Insight

Business

A step forward for electric mobility initiative towards policymaking

The Ministry of Transport and Logistics (MoTL), in collaboration with the GGGI Ethiopia Office, organized a policy dialogue concerning e-mobility initiatives. The discussion consisted of government ministries, the private sector, and partner organizations. The objective of the policy dialogue was to create a gateway for improved networking, experience sharing among key stakeholders. Discuss key issues

December 15, 2021 • By Addis Insight

Business

Strategic Woldia-Mekelle Highway seized by government coalition forces

The campaign, led by Prime Minister Abiy Ahmed, cut off the main road to Woldia & Mekelle. Coalition forces have seized control of key towns of Arjo, Fokisa and Boren, including the Zobl plateau, which is strategically located on the eve of the Eastern Front’s offensive against the terrorist invader. Similarly, by controlling the Gura

December 11, 2021 • By Addis Insight

Business

Ethioipian Gold Project: Akobo Minerals shortlisted for ESG award

Organisations were considered based on how well they have developed a long-term sustainable ESG strategy, and the nominated companies were recognised as having successfully integrated ESG into this strategy in a meaningful manner. The shortlist of those companies was decided by a panel of both ESG and mining industry experts. Commenting on being nominated for

December 11, 2021 • By Addis Insight

Business

Addis Ababa to host the 4th ET Real estate and expo.

December 10, 2021 – The 4th edition of Ethiopian Real Estate and Home Expo aimed at providing a platform for leading local and international real estate developers is set to be held from January 1st to 2nd, 2022 in Addis Ababa. The real estate expo comes at a time where Addis Ababa, the diplomatic capital of Africa is experiencing rapid

December 10, 2021 • By Addis Insight

Business

Nigeria’s Paga plans Ethiopia and crypto expansions in 2022

Nigerian payment platform Paga plans to press ahead with plans to expand in Ethiopia in 2022, and is also considering developing a crypto-currency product in Africa outside Nigeria, CEO Tayo Oviosu announced. The company has a license to operate in Ethiopia. As yet there is no date to start operations there, but Oviosu hopes it

December 10, 2021 • By Addis Insight