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

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

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

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

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

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

Business

An ugly face of crypto

Mikael Alemu is a CEO and co-founder of “10 Green Gigawatt for Ethiopia”, an international initiative to transform Ethiopian energy systems and introduce solar energy as a major source of electricity. He contributes regularly to the Telegram channel t.me/tengigawatt, join this channel to read.  One can hardly imagine a modern capital or a major city

June 13, 2022 • By Addis Insight

Business

Amhara Bank to start operation on July 7 with 70 branches

Melaku Fanta, Chairman of the Board of the Amhara Bank, A total of 70 complete branches will be provided by the bank on the day of its inauguration. He said the bank would expand its branches to more than 100 by July 7. According to Melaku Amhara bank is a public bank, adding that shares

June 13, 2022 • By Addis Insight

Business

Why Telegram is so popular in Ethiopia?

By- Yinebeb Bahru Why Telegram is so popular in Ethiopia. According to Google Play Store each country’s download record, Telegram is a more highly downloaded app than the Facebook messenger, WhatsApp, IMO and other messenger apps in Ethiopia, Telegram is one of the preferred social media platforms in Ethiopia, it was more popular than any

June 13, 2022 • By Addis Insight

Business

Forty-four-storey skyscrapers are to be built in the Kazanchis area of ​​Addis Ababa

Forty-four-storey skyscrapers are to be built in the Kazanchis area of ​​Addis Ababa. According to The Reporter, Tewodros Yeshiwas, the owner of Quara Manufacturing, which is engaged in a number of projects, including Gomju Oil, is constructing the buildings. The 7,743-square-meter building will have forty-four floors and the other thirty floors. In particular, the forty-four-storey

June 12, 2022 • By Addis Insight