Business

National Bank of Ethiopia Fully Lifts Loan Restrictions

The loan restrictions that were implemented for the last four months have been lifted completely, the National Bank of Ethiopia (NBE) reminded today. The National Bank has ordered banks to provide loan service to all their customers, It is to be recalled that the restriction was imposed to prevent “economic sabotage,” and it was implemented

November 29, 2021 • By Addis Insight

Business

Why Ethiopia’s Fate Matters to China

By- Lukas Fiala The unfolding humanitarian and political crisis in Ethiopia has left many observers pessimistic about the likelihood of an inclusive and peaceful solution to the protracted conflict. After months of fighting between Prime Minister Abiy Ahmed’s central government and the Tigray People’s Liberation Front (TPLF), the Ethiopian state is at real risk of

November 26, 2021 • By Addis Insight

Africa News

Judge OKs Boeing Agreement to Settle Ethiopian Airlines Crash Claims

A U.S. judge on Monday approved Boeing Co’s agreement to acknowledge liability for compensatory damages in lawsuits filed by families of the 157 people killed in the 2019 Ethiopian Airlines 737 MAX crash. As a result of the agreement filed last week between Boeing and the families, lawyers for the victims will not seek punitive

November 16, 2021 • By Addis Insight

Business

The Backlashes of AGOA Sanction: how will it affect the emerging industry sector?

Netsanet Sidamu has been working in the Hawassa Industrial Park for five years; having failed the national exam, her chance to secure future survival chances was hanging by a thread. She came from a remote rural area in Sidama Zone with a family to support. These stories of many underprivileged girls broadly dive into the

October 15, 2021 • By Emrakel sileshi