News

Commercial bank of Ethiopia Digitizing Legal Documents

The country’s giant commercial bank of Ethiopia (CBE) signed a memorandum of understanding with the Federal Document Authentication and Registration Agency (FDARA) regarding an online system that enables fast assurance of the power of attorney documents.  Ato  Kidane Mengesha. A/Chief International Banking Officer stated, “ the bank has over 31 million customers, and a great amount

July 13, 2021 • By Addis Insight

News

At the top of the ladder : Awash Bank’s annual growth of 5.58 billion Br

For the past five consecutive years, Awash banks have been on top of private banks sharply increasing its performance in major banking areas. The bank finalized its 2020/21 fiscal year increasing its annual growth profiting 5.58 billion Br.  The bank managed to open 100 new branches summing up to 566 total branches all over the

July 7, 2021 • By Addis Insight

News

Continent’s First Pan-African Freelance Talent Marketplace is Born, Gebeya Inc.

Gebeya Inc. the Pan-African source for freelance professional talent, announced the launch of its revamped marketplace, the first of its kind in terms of reach in Africa. Before investment, Gebeya operated mostly a manual non-scalable marketplace model. Gebeya raised a $2M seed investment in Feb 2020, co-led by Partech and Orange Ventures and followed by

June 16, 2021 • By Addis Insight

News

The Ministry of Revenues signed an agreement to establish an E-payment and E- tax system with different private banks

The Ministry of Revenues signed an agreement to establish an E-payment and E-tax system with different private banks. The Ministry of Revenues that started the initiative two years ago has agreed with five banks and an internet security agency. Only two years ago, Commercial Bank was giving this service, and now four private banks have

June 10, 2021 • By Addis Insight

Africa News

Ethiopia: Sudan, Egypt tried to belittle the role of African Union

The tripartite talks over the contested Grand Ethiopian Renaissance Dam have been held in Kinshasa, a capital of Democratic Republic of the Congo, among Ethiopia, Sudan and Egypt and concluded on Tuesday fruitlessly. The two-day talks concluded without any agreement was reached. Due to the “insistence from Sudan and Egypt to change the format of

April 8, 2021 • By Belay Adugna

Africa News

National Responses Against Covid-19 Not Gender Conscious

It is beyond a doubt that the COVID-19 pandemic has created and exacerbated various problems across the world. It has prevented millions of students from pursuing their education, pressured markets and supply chains to disconnect, triggered psychological distress to rise, and so on and so forth. Above all, the repercussions of the pandemic specifically on

April 6, 2021 • By Addis Insight

Entertainment & Arts

Teddy Afro to Release New Single Dedicated to GERD

Artist Teddy Afro is set to release his new single this coming Tuesday. After releasing his last single titled Ethiopia in 2017 this will be the first single in three years. The new single will be made available on the artist’s YouTube Channel. According to his General Manager Getachew Manguday the artist’s new single is

June 29, 2020 • By Addis Insight

Africa News

Ambassador Dina Mufti Reappointed as Spokesperson of Foreign Affairs Office

Ambassador Dina Mufti who has concluded his tenure as Ethiopia ambassador to Egypt has been reappointed as the new spokesperson for the ministry of foreign affairs.  Ambassador Dina Mufti has a record of serving as a full-time ambassador in several countries including Kenya, Malawi, Seychelles, and Denmark etc. Also, the ambassador has served as advisor

June 9, 2020 • By Addis Insight

COVID-19

Coronavirus Good News For Ethiopian Export Sector, Prime Minister Said

Prime minister Abiy Ahmed said Monday, Ethiopia’s export has shown a 13 percent increase this year mainly because of coronavirus.   In a live broadcasted response to the question from the parliament, the prime minister was optimistic about the current global pandemic. He mentioned It as good news for the export industry of the country.

June 9, 2020 • By Addis Insight

PM Dr. Abiy Ahmed

I Can’t Speak- Keria Ibrahim Speaker of The House Federation

On the same exact day where Prime Minister Abiy Ahmed addressed the parliament, Speaker of the House of Federation Keria Ibrahim submitted her resignation. Her resignation comes two days before the House of Federation submits its report on the postponement of the election.    In her statement Keria spoke about her refusal to become part

June 8, 2020 • By Addis Insight