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

Business

Ethiopia increased Retail prices for petroleum products

The Ministry of Trade and Regional Cooperation announced that the selling price of petroleum products has increased starting from tomorrow, July 5, 2022 to July 5, 2022. Preparations are underway to finalize the price of oil products and profit margins, as well as price adjustment and implementation of targeted subsidies, at the 3rd regular meeting

July 5, 2022 • By Addis Insight

Business

Ethiopian airlines has opened a five-star terminal hotel inside the Bole International Airport

Ethiopian Airlines opens hotel in Addis Ababa Bole International Airport The hotel will provide modern hotel services, especially for international transit passengers. This airport hotel is a modern restaurant operated by Skylight Hotel; It is known to have a bar and 97 bedrooms. Long-haul transit passengers have been provided with comfortable bedrooms where they can

July 2, 2022 • By Addis Insight

Business

Ethiopian Airlines Is The Largest Operator Between Africa & Asia

Ethiopian Airlines probably gets more attention for its European and North American network than it does for South, Southeast, and North Asia. After all, Western markets account for two-thirds of its non-Africa and Middle East flights from many more routes. But that is just part of the story. The largest airline to Africa There’s no question about

July 2, 2022 • By Addis Insight

Business

Strathmore Business School Launches Partnership with Capital Business School, Ethiopia

Addis Ababa, July 1, 2022 – Strathmore Business School(SBS) and Capital Business School(CBS)  have entered into an exciting new partnership that aims at tackling the skills gap in corporate Ethiopia. CBS, launched in Addis Ababa, Ethiopia in  2022 caters to corporate organisations looking to get customised executive business training for their employees. Through these different types of executive

July 1, 2022 • By Addis Insight