Business

Ethiopia Immigration and Citizenship Service to Roll Out VIP Door-to-Door Passport Delivery

VIP Door-to-Door Passport Delivery Service to Launch in Ethiopia This September Immigration and Citizenship Service Enhances Operations Amid Record High Passport Issuances and Upcoming E-Passport System Introduction In a significant move aimed at improving customer service and convenience, Ethiopia’s Immigration and Citizenship Service has announced the launch of a door-to-door passport delivery service for VIP

July 12, 2024 • By Addis Insight

Business

Addis Alemayehou Appointed to KEFI Gold and Copper PLC Board

KEFI Gold and Copper PLC (AIM: KEFI, OTC: KFFLF) has appointed Addis Alemayehou as an independent non-executive director, marking a significant addition to their board. Alemayehou, based in Ethiopia, brings a wealth of experience and a distinguished track record in business and media ventures. He serves as the chairman of Kazana Group, a prominent investment

July 12, 2024 • By Addis Insight

Business

Ethiopian Fuel Prices Soar: New Rates Announced by Ministry

Addis Ababa, Ethiopia – The Ministry of Trade and Regional Affairs has announced a significant adjustment in the retail prices of various fuel products, which will take effect starting today, July 3, 2016, at 1:00 PM. This adjustment excludes jet fuel and is driven by the recent increase in fuel prices on the global market.

July 10, 2024 • By Addis Insight

Business

Ethio Telecom Surpasses Expectations with 21.79 Billion ETB Profit and Major Network Expansion

Addis Ababa, July 10, 2024 (Addis Walta) – Ethio Telecom has announced a remarkable annual profit of 21.79 billion Birr for the 2023/24 fiscal year, reflecting a 108.7% performance. The telecom giant also reported generating a gross income of 93.7 billion Birr, which is 103.6% of its planned target for the year. Subscriber Growth and

July 10, 2024 • By Addis Insight

Business

The National Bank of Ethiopia Launches New Monetary Policy Framework

July 9, 2024 | Addis Ababa, Ethiopia In a significant move to stabilize the country’s economy, the National Bank of Ethiopia (NBE) has unveiled a comprehensive new monetary policy framework aimed at ensuring low and stable inflation. This initiative follows extensive preparatory work aligned with the NBE’s Medium-term Strategy Plan, which included defining the bank’s

July 9, 2024 • By Addis Insight

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