Business

Tsehay Bank has officially started its operations

Tsehay Bank has officially started its operations. National Bank Governor Dr. Yinagar Dese, the bank’s board leaders and invited guests were present at the bank’s launch program. The governor of the National Bank, Mr. Yinager Dese, said that the changes that have been taking place in the past four years in terms of new banks

July 23, 2022 • By Addis Insight

Business

Ethiopian Airlines To Serve Zürich This Winter

Zürich will be served by Ethiopian Airlines from October, bringing to 16 its European passenger route network this winter. It comes as many of the Star Alliance member’s European routes change, mainly in terms of where they stop en route. Ethiopian adds Zürich Ethiopian will begin Zürich on October 31st. It’ll operate via Milan Malpensa in both directions. Like other European routes, Ethiopian

July 22, 2022 • By Addis Insight

Business

Statement by President Biden on the U.S.-Africa Leaders Summit

I look forward to hosting leaders from across the African continent in Washington, DC on December 13-15, 2022, for the U.S.-Africa Leaders Summit.  The Summit will demonstrate the United States’ enduring commitment to Africa, and will underscore the importance of U.S.-Africa relations and increased cooperation on shared global priorities. The U.S.-Africa Leaders Summit will build

July 20, 2022 • By Addis Insight

Business

Tewolde GebreMariam received the Airlines Business Award at this year’s Airline Strategy Awards

Former Ethiopian Airlines chief executive Tewolde GebreMariam received the Airlines Business Award at this year’s Airline Strategy Awards on Sunday. Organized by FlightGlobal, the awards – which have been held since 2002 – recognize individuals, airlines, and companies supporting air transport that have demonstrated dynamic leadership and clear vision.   This year, Tewolde was among

July 19, 2022 • By Addis Insight

Business

Ahadu Bank officially started working

Ahadu Bank was founded in 2021 by 17 organizing committee members and brought together more than 10,000 shareholders with a paid-in capital of 564 million and a signed capital of 702 million. Today, July 16, 2022, in the presence of senior government officials, the bank’s shareholders and invited guests, at the bank’s headquarters. Home (Flamingo

July 16, 2022 • By Addis Insight

Business

Ride vs Feres who’s becoming a winner

By- Yinebeb Bahru It has been a one-month since I left Addis Ababa after I get a better job. When I was in Addis, in the time of emergency and at midnight, I and my close friends always give call to either Ride or Feres taxi-hailing platforms. Both RIDE and Feres were the biggest taxi-hailing/

July 14, 2022 • By Addis Insight

Business

Gebeya & Google Partnership Set to Birth Africa’s New Wave of Machine Learning Developers

In its ongoing efforts to bridge the gap between African talent, startups and SMEs, and the tech industry, Gebeya recently partnered with Google to launch the Google Developers Machine Learning Bootcamp in Sub-Saharan Africa. The intermediate training and hiring program targets residents in Sub-Saharan Africa, in a partnership between the Pan-African talent marketplace headquartered in Ethiopia

July 11, 2022 • By Addis Insight

Business

Addis Ababa City Administration handed over 25,491 condominium houses 

Addis Ababa City Administration handed over 25,491 condominium houses The 14th round of 40/60 and 20/80 condominium lottery was held in Addis Ababa.Addis Ababa City Mayor Adanech Abebe, who was present at the event, said, “Your qualification for this day is a great hope for those who look forward to it,” she said. Although there

July 8, 2022 • By Addis Insight

Business

Safaricom Ethiopia will launch its pilot service in Dire Dawa

Safaricom Ethiopia has announced that it will launch its pilot service in Dire Dawa next month. Safaricom said in a statement today that it will launch a range of network services in July, including SIM card sales, and will provide services to more than 24 cities by April 2023. He said the institute has been

July 7, 2022 • By Addis Insight

Business

Addis Ababa City Administration to handover, 24,491 condominiums of 40/60 and 20/80

A total of 24,491 condominium houses will be drawn tomorrow in the third round of 40/60 and 20/80 condominiums in Addis Ababa. Addis Ababa City Administration Mayor Adanech Abebe made a statement on the lottery. The mayor stated that 79,794 registrants will be included in the lottery. Out of the 20/80 enrollees who have been

July 6, 2022 • By Addis Insight