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Category: Business

The 5th annual conference on Ethiopia- Norway collaboration on Health and Higher Education held in Addis Ababa.  
Business

The 5th annual conference on Ethiopia- Norway collaboration on Health and Higher Education held in Addis Ababa.  

Addis Ababa, Ethiopia June 21, 2022 – The annual conference on Ethiopia – Norway collaboration in Health and Higher Education for Development that aims to support and celebrate ongoing partnership and collaborations within health and higher education. The Conference was officially held today in Addis Ababa and was attended by high government officials, invited guests as

June 21, 2022 • By Addis Insight
Ethiopian Airlines Group CEO, Mr. Mesfin Tasew, has been elected as member of the IATA Board of Governors
Business

Ethiopian Airlines Group CEO, Mr. Mesfin Tasew, has been elected as member of the IATA Board of Governors

Ethiopian Airlines Group CEO, Mr. Mesfin Tasew, has been elected as member of the IATA Board of Governors at the 78th International Air Transport Association Annual General Meeting held in Qatar. https://www.iata.org/en/about/corporate-structure/boardgovernors/ Chair of the Board Mehmet Tevfik Nane Vice-Chairperson of the Board (Managing Director) PEGASUS AIRLINES Members   Michael Rousseau President and Chief Executive

June 21, 2022 • By Addis Insight
WorldRemit terminates service with four Ethiopian Banks
Business

WorldRemit terminates service with four Ethiopian Banks

One of the leading international money transfer company , WorldRemit, announced that it has terminated the money transfer service it renders through Abay Bank, Oromia Bank, Wegagen Bank and Nib Bank. In a message sent out to its customers WorldRemit said that it takes such measures when it believes that it cannot maintain its service

June 20, 2022 • By Addis Insight
Amhara Bank SC Open for Business With 72 Branches
Business

Amhara Bank SC Open for Business With 72 Branches

Amhara Bank SC has officially launched its operations today. The inauguration ceremony of Amhara Bank SC was held at the Bank’s headquarters in Legehar today.The inauguration ceremony was attended by the Governor of the National Bank, Dr. Yinager Dessie, the Speaker of the House of Federation, Agenehu Teshager, the Chief of the Amhara Regional State,

June 18, 2022 • By Addis Insight
Yene Guzo among the four winners of the DT4A Innovation Challenge
Business

Yene Guzo among the four winners of the DT4A Innovation Challenge

Addis Ababa (June 14, 2022)—Today the Digital Transport for Africa (DT4A) initiative, led by WRI and partners and funded by the French Development Agency (AFD), selected four winners of the first-ever DT4A Innovation Challenge. From private companies to universities and NGOs, these initiatives are helping shift transportation toward more sustainable, equitable results through open data, particularly in the

June 18, 2022 • By Addis Insight
Microsoft collaborates with the Ethiopian Ministry of Education to help digitize the education sector
Business

Microsoft collaborates with the Ethiopian Ministry of Education to help digitize the education sector

Addis Ababa, 17 June 2022 Microsoft has collaborated with the Ethiopian Ministry of Education to implement a Higher Educational Management Information System supporting the successful digital transformation of the education sector. The Ministry of Education of Ethiopia has a mission to ensure effectively, quality, and equitable education and training systems through building the capacity of the

June 17, 2022 • By Addis Insight
World Bank agrees to provide $ 405 million to Ethiopia
Business

World Bank agrees to provide $ 405 million to Ethiopia

The Ministry of Finance has signed a $ 405 million grant agreement with the World Bank. The agreement was signed by Finance Minister Ahmed Shede and World Bank Ethiopia Representative Osman Diye. The money will be used for pastoralism and drought relief in the arid areas, as well as for the prevention of the CVD-19

June 17, 2022 • By Addis Insight
Ethiopian Wins The APEX Passenger Choice Awards 2022
Business

Ethiopian Wins The APEX Passenger Choice Awards 2022

Addis Ababa, 14 June 2022, Ethiopian Airlines, Africa’s leading aviation group, is pleased to announce that it has won the 2022 APEX Regional Passenger Choice Awards for ‘Best Entertainment’ and ‘Best Cabin Service’ in Africa. The award was held in Dublin, Ireland to celebrate airlines being honored with the 2022 APEX Regional Passenger Choice Awards.

June 16, 2022 • By Addis Insight
Bank of Abyssinia launches first interest-free virtual banking services in the banking industry.
Business

Bank of Abyssinia launches first interest-free virtual banking services in the banking industry.

Bank of Abyssinia launches first interest-free virtual banking services in the banking industry. During its five-year strategic plan, the Bank has taken a number of  steps, focusing on digital technology (Digitalization) with the aim of providing a more convenient and advanced banking service to its customers. Accordingly, in the first phase of the strategic plan,

June 13, 2022 • By Addis Insight
Ethiopia and the Italian Republic Signed a Highly Concessional Loan Agreement
Business

Ethiopia and the Italian Republic Signed a Highly Concessional Loan Agreement

Ethiopia and the Italian Republic Signed a Highly Concessional Loan Agreemen A concessional loan agreement amounting to 22 million euros (Approximately 1.23 billion ETB) was signed today June 13, 2022, between the Federal Democratic Republic of Ethiopia and the Italian Republic. The allocated finance will be used to support the development of the Bulbula, Bure,

June 13, 2022 • By Addis Insight