Category: Business

Business

Only 3.2% of Ethiopian Grade 12 Students Pass the National Leaving Exam

Only 3.2% of Ethiopian Grade 12 Students Pass National Leaving Exam ADDIS ABABA, Ethiopia – Only 3.2% of the students who took the 2015 Grade 12 National Leaving Examination scored more than 50%, according to the Ministry of Education. Out of 356,878 students who sat for the natural science exam, 22,974 students scored more than

October 9, 2023 By Addis Insight
Business

Enkopa Summit: Transforming Ethiopia through Entrepreneurship, Innovation, and Tech

Addis Ababa, Ethiopia – September 28, 2023 – In just two weeks, on October 12, the Enkopa Summit will inaugurate its unprecedented industry and thought leadership-oriented event in Addis Ababa. This highly anticipated summit is centered around the crucial themes of entrepreneurship and innovation, with a mission to redefine Ethiopia’s economic growth and it is

October 5, 2023 By Addis Insight
Business

The Ethiopian Capital Market: a new chapter to be seen

By- Beakal Anlye With a rapidly expanding economy and a favorable investment climate, Ethiopia has been working towards establishing a robust capital market to attract domestic and foreign investments. In this article, we will explore the current state of the Ethiopian capital market, its regulatory framework, key players, and the potential it holds for both

September 26, 2023 By Addis Insight
Business

EIB PROVIDES €1 MILLION FOR TECHNICAL ASSISTANCE TO ETHIOPIA’S PRIMARY HEALTHCARE SYSTEM

Addis Ababa, 18th September 2023 The European Investment Bank (EIB) has provided the World Health Organization (WHO) with €1 million (approximately BIRR 61 million) for a technical assistance operation that will strengthen the primary healthcare system in Ethiopia.  The Ethiopian government plans to accelerate progress toward universal health coverage and to build resilience of its

September 18, 2023 By Addis Insight
Business

The Overdue Ethiopia’s Start-up Act: The Need to Change Subject

By Tsegamlak Solomon | Sep 09, 2023 Start-up Ethiopia It was five years ago. I remember sitting in the meeting room of the former Jobs Creation Commission: a team of a little more than 10 people and we were gathered to discuss how to build a vibrant start-up ecosystem in Ethiopia with a focus on

September 9, 2023 By Addis Insight
Business

ETHIOPOST AND DODAI MANUFACTURING PLC STEP INTO THE FUTURE OF SUSTAINABLE DELIVERIES

As part of its commitment to technological advancement and strategic innovation, Ethiopost, a beacon of reliable postal service in Ethiopia for over a century, proudly announces its exclusive partnership with Dodai Manufacturing PLC (“Dodai”). Through this collaboration, Ethiopost continues its legacy of “Post for everyone,” further emphasizing its intent to evolve into a technology-driven service

September 8, 2023 By Addis Insight
Business

IFC and the Ethiopian Capital Market Authority Partner to Increase Local-Currency Financing in Ethiopia

IFC and the Ethiopian Capital Market Authority (ECMA) today announced a program to support the growth of the country’s domestic capital markets and increase access to local currency finance. Under the four-year Ethiopia Capital Market Development Project, IFC will work with ECMA and other key stakeholders to develop capital market regulations, increase the efficiency of

September 6, 2023 By Addis Insight
Business

CBE Updates Mobile Banking Service with Increased Transfer Limits and New Features

The Commercial Bank of Ethiopia (CBE) has updated its mobile banking service, making it more convenient and accessible for customers. One of the key changes is that all CBE branches can now provide services related to creating, resetting, and activating mobile and app services. This was previously limited to the branch where the customer opened

September 5, 2023 By Addis Insight
Business

itel Mobile Unveils its latest S23+ Smartphone in Ethiopia, a Fusion of Curved Screen Elegance and Exceptional Performance. 

Addis Ababa, Ethiopia – August 31, 2023 – itel, the global leading smart life brand committed to providing quality consumer electronic products boasting excellent user experience has officially announced the imminent arrival of its flagship curved screen smartphone, the itel S23+. The itel S23+ is poised to revolutionize the smartphone experience with its cutting-edge technology and innovative features.  Over

September 1, 2023 By Addis Insight
Business

Frehiwot Tamru appointed as Chairperson of Addis Ababa University Board

Ethio Telecom CEO Frehiwot Tamru has been appointed as the chairwoman of the board of Addis Ababa University, which is set to be organized as an autonomous university. The appointment was announced by Minister of Education Professor Birhanu Nega on Thursday, August 31, 2023. In addition to Frehiwot Tamru’s appointment, Minister of State for Education

August 31, 2023 By Addis Insight