Category: News

Culture

New Date Acquired for Stone Monoliths Found in Ethiopia

According to a statement released by Washington State University, new radiocarbon dating of some of the 10,000 stone monoliths at southern Ethiopia’s Sakaro Sodo archaeological site indicates the oldest of the 20-foot phallus-shaped stela monuments were built in the first century A.D., or about 1,000 years earlier than previously thought. Archaeologist Ashenafi Zena of the State

December 11, 2021 By Addis Insight
Business

Ethioipian Gold Project: Akobo Minerals shortlisted for ESG award

Organisations were considered based on how well they have developed a long-term sustainable ESG strategy, and the nominated companies were recognised as having successfully integrated ESG into this strategy in a meaningful manner. The shortlist of those companies was decided by a panel of both ESG and mining industry experts. Commenting on being nominated for

December 11, 2021 By Addis Insight
News

Ethiopian Diaspora Rallying In DC

Diaspora Ethiopians in Washington D.C and from several other States are rallying as part of the global NoMore campaign. According to a facebook post from Ethiopian Embassy today’s grand rally is part of the global #NoMore campaign to defend Ethiopia’s territorial integrity and expose the hidden project of foreign entities. The rally took place in

December 10, 2021 By Addis Insight
Ethiopian War

TPLF destroys Kombolcha port-Ethiopian Maritime Transport

Ethiopian Maritime Transport and Logistics Service announced that TPLF has almost completely looted and destroyed the dry port terminal in Kombolcha. Mehretab Teklu, Deputy Chief Executive Officer of the Ethiopian Shipping and Logistics Service Enterprise, said that the Kombolcha dry port terminal has been looted. According to Mehretab Tekle, the group looted the port as

December 10, 2021 By Addis Insight
News

Journalist Tamrat Negera was reportedly arrested by police

Journalist Tamrat Negera, Editor-in-Chief of Terara Network, was taken from his home by police today. The official Facebook account of Terara Network shared that police arrested journalist Tamrat Negera on 10th December, around 10:30 AM from his home. Tamerat was then taken to the Addis Ababa Police Commission Sostegna Police Station for questioning. According to

December 10, 2021 By Addis Insight
Ethiopian War

Ethiopia’s Tigray War: A man who fought on his son’s grave

Stranded in Shewarobi in a village called Salaysh, Ato Eshetu Moges was one of the people among those who died in Ethiopia’s Tigray war. When a rebel group came drumming the sounds of death and destruction, a farmer stood on his ground against an existential trait killing almost 10 rebels that belonged to the tigray

December 10, 2021 By Addis Insight
Ethiopian War

Human Rights Watch : Civilians are executed by Tigray forces in the Amhara region

Since the start of the armed conflict in Ethiopia’s northern Tigray region in November 2020, Human Rights Watch and other rights organizations have documented war crimes  and possible crimes against humanity in the Tigray region by all parties to the conflict. In July, fighting expanded to the neighboring Amhara region, leading to large-scale displacement, with

December 10, 2021 By Addis Insight
Business

Nigeria’s Paga plans Ethiopia and crypto expansions in 2022

Nigerian payment platform Paga plans to press ahead with plans to expand in Ethiopia in 2022, and is also considering developing a crypto-currency product in Africa outside Nigeria, CEO Tayo Oviosu announced. The company has a license to operate in Ethiopia. As yet there is no date to start operations there, but Oviosu hopes it

December 10, 2021 By Addis Insight
News

Prosperity Party Discussed the Need for National Dialogue

The Executive Committee of the Prosperity Party discussed current national issues and the need for inclusive national consultation. Adam Farah, head of the party’s office, said the executive committee of the party has set directions to strengthen the country’s existence and promote democracy. According to Ademeh Farah, the executive committee reviewed the current situation in

December 9, 2021 By Addis Insight
Business

Commercial Bank of Ethiopia to lend over 100 billion birr

The Commercial Bank of Ethiopia (CBE) has announced that it is ready to provide over 100 billion birr loan to the private sector, agricultural inputs and public enterprises in the current budget year. The lifting of the government’s debt ban will have a significant impact on the country’s economy. It is well-known that private and

December 9, 2021 By Addis Insight