Business

Ethiopia aims to increase electricity export revenue to 400 mln USD in ten years

ADDIS ABABA, May 6 (Xinhua) — The Ethiopian government has announced its plan to increase the country’s export revenue from electric power to 400 million U.S. dollars within the coming ten years. In a statement, the Ethiopian Electric Power Corporate Planning Executive Officer, Andualem Sia, said that the East African country is working to boost

May 6, 2022 • By Addis Insight

Business

Ethio Telecom to launch fifth generation mobile network (5G) on Monday

Ethio Telecom has announced that it will launch the world’s fifth generation mobile network (5G) service. He said that he has completed the necessary preparations for this. The company said in a letter to Fana Broadcasting Corporation that it will launch the world’s fifth-generation mobile network (5G) service on Monday, May 9, 2022 at the

May 6, 2022 • By Addis Insight

Business

Ethiopia earned $ 36 million from the export of Injera

By – Blien Solomon If you ask one thing a habesha man or women can’t live without, it surely would be that thin, soar but tasty food we eat with almost everything, an ‘Injera’. From the moment we started to eat solid food to that last meal we share before we die, a habeshan person

May 3, 2022 • By Addis Insight

Business

Ethiopia: Ato Girma Wake, Godfather of the African Sky

Ato Girma Wake, the 79-year-old former CEO of Ethiopian Airlines, has been recalled as chairman of the board of the group whose ambitious development he led in the early 2000s. Build a clear roadmap and stick to it. Convince all employees. Focus on training staff. Take care of governance by not mixing politics and the

May 3, 2022 • By Addis Insight

Business

Mesfin Tassew has been appointed CEO of Ethiopian Airlines.

Mesfin Tassew has been appointed as CEO of Ethiopian Airlines. Mesfin Tasew joined Ethiopian in 1984 as associate engineer and progressed through the ladder and served in supervisorial and managerial positions in the technical areas. In 1997 and 1999 he was appointed as director operations and technical systems support and chief information officers respectively. In

March 24, 2022 • By Addis Insight

Business

Girma Wakie has been appointed President and Chairman of the Ethiopian Airlines Group

Girma Wakie has been appointed President and Chairman of the Ethiopian Airlines Group Former CEO of Ethiopian Airlines, Girma Wake has been appointed President and Chairman of Ethiopian Airlines Group. According to The Reporter, former Speaker of the House of Peoples’ Representatives, Abadula Gemeda, has resigned and Girma Wake, a former member of the board,

March 23, 2022 • By Addis Insight

Business

Tewolde G. Mariam, CEO of Ethiopian Airlines, has announced his resignation

Early Retirement of Mr. Tewolde GebreMariam, Ethiopian Group Chief Executive Officer Mr. Tewolde GebreMariam has been under medical treatment in the USA for the last six months. As he needs to focus on his personal health issues, he is unable to continue leading the airline as a Group CEO, a duty which demands closer presence

March 23, 2022 • By Addis Insight

Business

The Renaissance Dam,will officially start generating electricity on Sunday

The Renaissance Dam, which has been successfully tested for the past few weeks, will officially start generating electricity on Sunday, February 19, 2022. As reported a few days ago, water testing of two power turbines has been successfully completed and now the date of the first phase of the dam will be a new chapter

February 19, 2022 • By Addis Insight

Business

Ethiopia earns $645m from coffee export in 7 months

Addis Ababa – Ethiopia has earned over $645 million (R9. billion) from the export of coffee in the first seven months of the country’s current budget year, which began on July 8, 2021. The revenue came from the export of 162 818 tonnes of coffee, showing a $299 million increase, as against the same period

February 17, 2022 • By Addis Insight

Business

Interesting facts about Commercial Bank of Ethiopia new headquarter

Information about the huge Commercial Bank of Ethiopia headquarters building: The foundation stone of the building was laid on June 20, 2007 by Bereket Simon, a policy advisor and then Chairman of the Board of Directors of the Commercial Bank of Ethiopia. A long study has been done to carry out the construction and it

February 13, 2022 • By Addis Insight