Latest News

Diaspora

Hallmark Media Appoints Industry Veteran Wondwossen Dikran to Lead New Production Division

Hallmark Media has officially appointed Wondwossen “Wondu” Dikran as the Senior Vice President of Hallmark Studios, a newly established production division. In this role, Dikran will be responsible for managing relationships with creatives and cross-functional business partners, while also identifying new domestic and international partnerships that drive continued innovation and production efficiency, according to a

August 26, 2024 By Addis Insight
Opinion

Why Ethiopia Needs the Sex Offender Registry: Naming the Predators

By Fikir Belete As we reflect on the tragic story of Heaven Awot, a young girl whose life was brutally taken by someone she and her family trusted, we are reminded of the critical need for stronger protections for our children and women. Despite the outcry that followed her death, justice has yet to be

August 25, 2024 By Addis Insight
Business

Alibaba AliExpress Enters Ethiopian Market: MKTY Appointed as Official Business Partner and Launches Africa’s First AliExpress Showroom

Alibaba Group’s AliExpress has made a significant entry into the Ethiopian market, signaling a major step forward in the region’s e-commerce development. The global e-commerce platform has appointed MKTY as its Official Business Partner in Ethiopia, a move that highlights the strategic importance of Ethiopia as a gateway to broader African markets. This partnership is

August 25, 2024 By Addis Insight
News Wire

TikTok Influencer Among Six Arrested as Federal Police Unveil Terrorism Investigation

The Federal Police have announced the initiation of a terrorist investigation against six suspects accused of violating aviation regulations, leading to chaos and harassment on a flight scheduled to travel from Addis Ababa to Mekele. The suspects have been identified as: Among the suspects is Yohannes Daniel Berhe, a famous social media influencer who is

August 25, 2024 By Addis Insight
Business

Reform and Risk: How Ethiopia’s Currency Shift Is Reshaping Everyday Life

Introduction: Shifting from a Fixed to a Market-Based Exchange Rate For over a decade, Ethiopia’s economy has been guided by a fixed exchange rate, but now, the National Bank’s bold move to a market-based system is stirring up excitement and uncertainty. As this new chapter begins, the ripple effects on pricing, especially for everyday essentials

August 24, 2024 By Addis Insight
Business

Ethiopia to Begin Power Exports to Tanzania in September, Expanding Regional Energy Network

Ethiopia is set to commence electricity exports to Tanzania next month, according to Ethiopian Electric Power CEO, Engineer Ashebir Balcha. The power transmission is expected to begin by mid-September, following the completion of necessary preparations. This development is part of Ethiopia’s broader strategy to increase its electricity export revenue. So far this year, the country

August 24, 2024 By Addis Insight
Africa News

Grand Ethiopian Renaissance Dam Reaches New Milestone with Units 7-10 Fully Operational

Addis Ababa, Ethiopia – The Grand Ethiopian Renaissance Dam (GERD) has reached another significant milestone with the successful activation of Units #7, #8, #9, and #10, which are now fully operational. These developments are part of Ethiopia’s broader efforts to enhance its power generation capacity and secure energy independence. Unit #7 began generating power today,

August 24, 2024 By Addis Insight
Women

Police Interrupt Candlelight Vigil for Raped & Murdered 7-Year-Old Girl

In Addis Ababa, Ethiopia—a shocking and disheartening display of power unfolded as police forcefully interrupted a candlelight vigil organized by Civil Society Organizations at the Elilly International Hotel. The vigil was held in memory of Heaven, a 7-year-old girl who was brutally raped and murdered. It was intended to be a peaceful gathering where community

August 24, 2024 By Addis Insight
Business

Addis Insight Unveils Advanced Ethiopia Birr Currency Exchange Platform

Addis Ababa, Ethiopia – Addis Insight is excited to announce the launch of its innovative Ethiopia Birr (ETB) currency exchange platform, designed to provide users with accurate and real-time exchange rates against major global currencies. The platform features a powerful currency converter and delivers daily forex updates sourced from Ethiopia’s leading banks. The currency exchange

August 23, 2024 By Addis Insight