Business

5.5-Magnitude Earthquake Strikes Ethiopia’s Afar Region, Tremors Felt in Multiple Cities

A 5.5-magnitude earthquake struck Ethiopia’s Afar region on Sunday, March 7, according to the U.S. Geological Survey (USGS). The earthquake’s epicenter was located approximately 45 kilometers north of Awash city, a region known for its geological activity. The tremor, which occurred at a relatively shallow depth of 10 kilometers, was strong enough to be felt

March 17, 2025 • By Addis Insight

Business

Ethiopia Unveils $7.8 Billion Mega Airport in Bishoftu: A Game Changer for African Aviation

March 16, 2025 Ethiopia is set to redefine the future of air travel in Africa with its ambitious $7.8 billion Bishoftu Airport Hub. Ethiopian Airlines Group, Africa’s largest and most profitable airline, has unveiled plans for the new airport as it moves to alleviate mounting congestion at Addis Ababa’s Bole International Airport. The project, formally

March 16, 2025 • By Addis Insight

Business

Tensions Escalate in Mekele as Tigray Forces Seize Key Institutions Amid Political Crisis

Mekele, the capital of the Tigray region, witnessed a dramatic shift in political control on Thursday, March 3, 2017, as members of the Tigray Forces aligned with the TPLF faction led by Dr. Debretsion Gebremichael seized key government offices and media institutions. This power struggle between factions of the Tigray People’s Liberation Front (TPLF) underscores

March 14, 2025 • By Addis Insight

Business

Ethiopia’s Wheat Miracle: A Grand Vision or a Statistical Illusion?

Ethiopia has long been striving to transform its agricultural sector, and in recent years, Prime Minister Abiy Ahmed has championed a major push for wheat self-sufficiency. His government claims that the country, once synonymous with famine, has not only met its domestic wheat needs but is also exporting surplus grain. If true, this would represent

March 14, 2025 • By Addis Insight

Business

Ethio-Djibouti Railway Line Now Powered by a Dedicated Electrical Supply

Addis Ababa, March 4, 2017 (FMC) – The Ethiopian Electricity Service has announced the completion of a dedicated power line for the Ethio-Djibouti Railway, ensuring a stable and uninterrupted electricity supply for the critical transport corridor. The 39-million-birr infrastructure project was undertaken to address the persistent power disruptions that previously affected railway operations. The Ethio-Djibouti

March 13, 2025 • By Addis Insight

Business

Muyalogy Aims to Bridge Ethiopia’s Skills Gap with Digital Learning

Addis Ababa, Ethiopia – January 2025 A growing skills gap continues to challenge Ethiopia’s job market, leaving many graduates and job seekers struggling to find employment while industries face shortages of qualified professionals. In response, Muyalogy, an Ethiopian digital learning platform, is working to address this issue by providing accessible, skills-based education for a diverse

March 12, 2025 • By Addis Insight

Business

Investment Crisis in Ethiopia: Rising Costs and Uncertainty Drive Business Exodus

Amid shifting policies and persistent instability, investors in Ethiopia are grappling with significant challenges in managing their businesses, with many opting to migrate abroad in search of more favorable opportunities. In response, the Addis Ababa Investors Forum recently brought together key stakeholders, offering a platform for them to share their struggles and call for a

March 12, 2025 • By Addis Insight

Business

Ethiopia to Launch Its Third Earth Observation Satellite in 2026 with Chinese Collaboration

Ethiopia is making significant strides in space technology with plans to launch its third Earth observation satellite (EOS) in 2026. This project is spearheaded by the Ethiopian Space Science and Geospatial Institute (ESSGI), in partnership with China. The new satellite is expected to provide higher resolution images and enhanced monitoring capabilities compared to its predecessors.

March 11, 2025 • By Addis Insight

Business

Gebeta Maps Launches Independent Map Tiles, Aiming to Disrupt Africa’s Digital Mapping Space

March 11, 2025 Gebeta Maps, an emerging player in Africa’s digital mapping industry, has announced the launch of its own map tile rendering technology, positioning itself as a fully independent mapping provider. This development marks a shift from its previous reliance on third-party map tile services, allowing the company to offer a more localized and

March 11, 2025 • By Addis Insight

Business

Selecta One Shuts Down Kunzila Production Site in Ethiopia Amid Political Instability

March 10, 2025 – In a significant setback for Ethiopia’s agricultural and horticultural sector, Selecta One has announced the closure of its production site in Kunzila, citing political instability and security concerns. The German-based floriculture company made the difficult decision after years of investment in the region, despite efforts to maintain operations post-civil war. Per

March 10, 2025 • By Addis Insight