Category: Business

Business

Mohammed Al-Amoudi to Return to Ethiopia with Grand Rolls-Royce Spectre Welcome

The Anticipation and Grandeur Surrounding a Homecoming After seven years, Saudi-Ethiopian billionaire Mohammed Al-Amoudi is set to return to Ethiopia. Al-Amoudi, known for his extensive investments in the Ethiopian economy, is scheduled to arrive during the first week of Ethiopia’s upcoming new year to attend a family wedding. A Welcome Fit for a Billionaire In

July 7, 2024 By Addis Insight
Business

Second Cohort Of Promising Startups Join the Venture Meda Acceleration Program

Addis Ababa, Ethiopia – Venture Meda: Job Creation through Incubation and Acceleration in Ethiopia, launched in partnership with Mastercard Foundation in partnership, the Ministry of  Innovation and Technology and iceaddis, seeks to address employment and economic growth goals in Ethiopia. Through incubation and acceleration initiatives, it aims to create 100 e-commerce start-ups, benefitting young individuals

June 26, 2024 By Addis Insight
Business

Infinix Mobile Celebrates Emerging Talent at the Grand Finale of the Student Talent Contest in Partnership with Addis Ababa University Culture Center

Addis Ababa, Ethiopia — April 29, 2024 — Infinix Mobile, a global leader in mobile technology, proudly announces the successful conclusion of the week-long student talent contest in partnership with the renowned Addis Ababa University (AAU) Culture Center. The event, which showcased the remarkable abilities of young student artists and performers, exemplifying Infinix’s commitment to

May 9, 2024 By Addis Insight
Business

Dodai Sets New Standards for Electric Mobility at a Spectacular Launch Event

Dodai, a pioneering Ethiopian electric mobility startup, conducted a historic launch ceremony, marking a watershed moment in the country’s transport sector. The ceremony, held today 8/4/2024, was attended by renowned guests such as His Excellency Melaku Alebel, Minister of Industry, His. Excellency. Mr. SHIBATA Hironori, Ambassador-Designate of Japan to Ethiopia, and other dignitaries. The highly

April 9, 2024 By Addis Insight
Business

251 Communications Unveils Its Bold Rebrand

Embracing “The Now-The Future” of Marketing Addis Ababa, Ethiopia (March 28, 2024) – 251 Communications, a leading Ethiopian communications and marketing agency, is thrilled to announce its dynamic rebrand strategy designed to propel it into the future of marketing. For over a decade, 251 Communications has been a trusted partner for businesses, crafting effective communication

March 29, 2024 By Addis Insight
Business

Yango Celebrates Its Drivers on Driver Appreciation Day in Ethiopia

A special Iftar program for Muslim drivers Addis Ababa, Ethiopia – March 28, 2024 – Yango, an international tech company, a ride-hailing app in Ethiopia, celebrated dedicated drivers on Driver Appreciation Day, recognizing their vital role in providing safe and convenient transportation across Addis Ababa and Sheger City. Yango, together with its franchise partner G2G

March 29, 2024 By Addis Insight
Business

Creative DNA: Ethiopia Programme Announces Second Cohort of Early-Stage Fashion Designers

PRESS RELEASE ADDIS ABABA, 18 MARCH 2024  Creative DNA: Ethiopia, an innovative fashion incubation  programme dedicated to nurturing early-stage fashion designers in Ethiopia, is thrilled to announce the launch of its second cohort. Building on the success of its inaugural program, Creative DNA: Ethiopia continues to foster creativity, entrepreneurship, and sustainable growth within the Ethiopian

March 18, 2024 By Addis Insight
Business

Ethiopian Airlines Stops Using Somalia Airspace After ‘Unsafe’ Incident

Ethiopian Airlines has ceased operations within Somalia’s airspace, a route previously integral to its flights to Asian destinations. The decision, as revealed by CEO Mesfen Tase in an interview with BBC Amharic, stems from the airline’s concerns over the safety of air traffic services provided by Somalia. The shift in operational strategy follows an incident

March 1, 2024 By Addis Insight
Business

Can Ethiopia Afford the Power-Hungry Pursuit of Bitcoin Mining?

The Debate on Bitcoin Mining in Developing Countries: A Closer Look at Ethiopia and Power Consumption Concerns In recent years, the global interest in cryptocurrencies, especially Bitcoin, has surged. This digital gold rush has led to a significant increase in Bitcoin mining activities worldwide. Bitcoin mining is the process by which transactions are verified and

February 21, 2024 By Addis Insight
Business

Gebeya is Rebranding: Welcome To The Age of the Talent Cloud

Addis Ababa, February 19, 2024 – Gebeya Inc., a leading Pan African tech leadership company, today announced its evolution into a premier all-in-one Talent Cloud provider. This strategic repositioning marks a significant milestone in Gebeya’s journey — revolutionizing how the world connects with talent, Africa, and beyond. As Gebeya strengthens its focus, it becomes clear that

February 20, 2024 By Addis Insight