Uncategorized

Renowned Ethiopian Scholar and Leader, Professor Endrias Eshete, Passes Away

Prominent Academic and Public Figure Former President of Addis Ababa University, Professor Endrias Eshete, passed away on August 30, 2024, after being under medical care due to an illness. The announcement was made by Addis Ababa University earlier today. Academic Contributions Professor Endrias was a highly regarded figure in Ethiopian academia and public service, known

August 29, 2024 • By Addis Insight

Uncategorized

How Egyptian Media and Experts Mislead the Public on the Renaissance Dam

By- Asrat Berhanu To understand how Egyptian media, experts, or a significant number of ignorant activists have been engaging in misleading or manipulative practices regarding the Renaissance Dam negotiations and related narratives, it’s important to examine several potential strategies that have been used, either deliberately or out of ignorance. Here are some tactics that have

August 28, 2024 • By Addis Insight

Uncategorized

Addis Insight Unveils E-LMIS: A Digital Solution for Ethiopia’s Job Market

Finding a job in Ethiopia often felt like navigating a maze with no map, where graduates and job seekers faced a frustrating misfit between their skills and the opportunities available. But imagine a system that not only bridges this gap but also safeguards the dignity and rights of every worker, whether they’re looking to build

August 27, 2024 • By Addis Insight

Business

Ethiopian Airlines and AliExpress to Launch Cutting-Edge E-Commerce Facility on August 22, 2024

Ethiopian Airlines Group, the largest airline conglomerate in Africa and one of the fastest-growing airline brands globally, has launched a new e-commerce logistics facility in Addis Ababa. This facility is part of a broader strategy to position Addis Ababa as a key cross-border e-commerce logistics hub for Africa. The facility is located within the Ethiopian

August 21, 2024 • By Addis Insight

Uncategorized

Tigist Assefa Wins Silver in Thrilling Women’s Marathon at Paris Olympics

In a breathtaking showdown at the Paris 2024 Olympics, Ethiopia’s Tigist Assefa secured the silver medal in the women’s marathon, narrowly missing out on gold in one of the most dramatic finishes in Olympic history. The race, which saw a leading group of five contenders gradually whittled down to just two, culminated in an intense

August 11, 2024 • By Addis Insight

Uncategorized

Dar Wins $6 Billion Contract for Ethiopian Airlines’ Revolutionary Airport Project

Ethiopian Airlines has entered into a significant partnership with Dar, a leading design and consultancy firm with operations across Ethiopia, Kenya, and Uganda, to oversee the design and planning of a new international airport. This ambitious project, set to transform air travel in the region, was formalized on August 3, 2016, through the signing of

August 9, 2024 • By Addis Insight

Uncategorized

The Battle Between Ethiopia’s Official and Black Markets: What Will the New Exchange Rate System Achieve?

The National Bank of Ethiopia’s recent shift to a market-based foreign exchange rate system has intensified eagerness over the effectiveness of this reform in curbing the hardened black market’s influence. Despite the policy’s goals of enhancing transparency and stability, the persistent gap between official and black market rates highlights the challenge of eliminating informal currency

August 9, 2024 • By Addis Insight

Uncategorized

Ethiopian Airlines Honoured with Prestigious President’s Lifetime Achievement Award as it Celebrates 25 Years of Services to the US

Addis Ababa, August 8, 2024 Ethiopian Airlines, the leading aviation group in Africa and a rapidly expanding global airline brand, has been distinguished with the US President’s Lifetime Achievement Award. This accolade recognizes the airline’s outstanding contributions and dedicated service to communities in the United States. The award, signed by the US President Joseph R.

August 8, 2024 • By Addis Insight

Uncategorized

Ethiopian Airlines Adopts CBE Exchange Rates for Its Dollar-Based Ticket Pricing

Ethiopian Airlines Announces Dollar-Based International Ticket Pricing Ethiopian Airlines has announced that the ticket prices for international flights transacted in dollars will be determined by the daily foreign exchange rate of the Commercial Bank of Ethiopia. According to the Head of Public Relations of Ethiopian Airlines, Mrs. Hana Atnafu, the ticket prices for international trips

August 7, 2024 • By Addis Insight

Business

Ethiopia’s Real Estate Response to the Recent Foreign Currency Reform

In a major economic move, the National Bank of Ethiopia has shifted from a decades-long, fixed exchange rate to a market-based foreign exchange rate. This reform aims to restore market balance and stability, ushering in a new era for Ethiopia’s financial environment. While the change has sparked debate among economists and business leaders, with public

August 7, 2024 • By Addis Insight