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New Year, New Money

The government of Ethiopia on September 14, 2020, has introduced a new birr, a unit of Ethiopian currency, with additional security features and other forms of identifications just after the celebration of the Ethiopian new year. Prime Minister Abiy Ahmed revealed, on his Facebook post, that the existing 10, 50, and 100 birr notes will

September 14, 2020 • By Addis Insight

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From Nobel Prize to No Bail Rulings: The Year in Review

The 2012 Ethiopian year saw many tidal social, economic, and political events happen whose immense implication will continue to shape the years to come too.  While there had been moments of rejoice and celebrations, the year saw many tragic events and losses. The Ethiopian government and its people were tested on many fronts, both from

September 10, 2020 • By Addis Insight

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Policy Research Institute Gets New Deputy Director

Prime Minister Abiy Ahmed (Ph.D.) appointed Professor Beyene Petros as Deputy Director-General of Policy Research Institute (PSI). Beyene, who has been a well-known figure in Ethiopian politics in the last two decades, is a professor of Biology at Addis Ababa University and a former member of the Ethiopian House of People’s Representatives, representing an electoral

September 9, 2020 • By Kaleab Girma

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Court Sentences Two-time Wife killer to Death

Wolkite High Court in Gurage zone sentenced Beharu Wondemagegn to death after he was found guilty of brutally killing his wife.  Beharu, who brutally beat his wife to death and threw her body into a nearby river on April 2, 2020, was pardoned two years ago from a life sentence after he similarly murdered his

September 8, 2020 • By Addis Insight

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New Bottled Milk Hits the Market

Produced by Kok manufacturing Plc, Bobo, a new bottled flavored milk, has hit Ethiopia’s markets. The bottled milk that comes in 150 ml does not require refrigeration and can last for six months without expiring. Bobo milk is being sold at 15 birr in retail shops in the capital, a price tag equivalent to 500

September 8, 2020 • By Kaleab Girma

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Mastercard Appoints Ethiopian Business Mogul as Vice President

Ethiopian business mogul Mimi Alemayehu has been appointed as Senior Vice President for the Public-Private Partnership in the Humanitarian and Development Group of Mastercard. Mastercard, the global payment service provider, announced Mimi would manage MasterCard’s social impact partnerships and financial deals by working closely with international institutions and groups. The American citizen who was born

September 7, 2020 • By Addis Insight

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Ethiopia Hires U.S. Lobby Firm

The Ethiopian Embassy in Washington DC has signed a three-month contract, worth 130,000 dollars, with a U.S. lobbying firm Barnes & Thornburg LLP. The Indiana-based law firm will assist the Embassy in arranging meetings with U.S. government officials on matters of interest to the Embassy and assisting in strategic planning and advocacy. As a pre-requisite

September 7, 2020 • By Kaleab Girma

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Local Tech firm to Start Home Delivery Using Drones

Addis Mercato, an integrated e-commerce and logistics company, in partnership with TechEagle, an Indian tech company, is launching the first commercial regular fully automated and intelligent urban and suburban drone delivery service in Ethiopia. Addis Mercato entered a strategic partnership with TechEagle to jointly launch the innovative on-demand drone logistics network for delivering healthcare items

September 4, 2020 • By Addis Insight

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Eye Bank Of Ethiopia Named Among Top Five World Impacters

The U.S-based P3 Impact Award, named Eye Bank of Ethiopia (EBE), corneal blindness elimination partnership, among the five leading world-impacting public-private partnerships. P3 Impact Award announcing the top five finalists recently said, EBE, the first-ever eye bank in sub-Saharan Africa aims to serve as a model for development throughout Africa which will utilize global best

September 4, 2020 • By Addis Insight

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Prominent Agricultural Research Center Destroyed by Flood

One of the leading agricultural research centers in Ethiopia, Werer Agricultural Research Center, was completely destroyed by flood yesterday, September 3, 2020. The flood caused by heavy rains hit the Center located in the Awash valley in the middle of the night and destroyed different crop farmlands, seed and animal feed storages, and office equipment.

September 4, 2020 • By Kaleab Girma