Business

A Tale of Two Times: Aklilu Lemma and Heman Bekele’s Timeless Innovations in Soap

From Ethiopia to the World: The Transformative Power of Soap in the Hands of Two Visionaries In the rich tapestry of Ethiopia’s history, two figures stand out for their innovative use of a seemingly simple substance: soap. Aklilu Lemma, a pioneering scientist, and Heman Bekele, a young prodigy, have both harnessed the power of soap

August 16, 2024 • By Addis Insight

Business

From Wallets to Wheels: How Ethiopia’s Forex Change Will Drive Up Car Costs

For many Ethiopians looking to buy a car, the recent changes in the foreign currency exchange market will be more than just economic news; they will directly impact their wallets. As the value of the birr fluctuates against major currencies, the cost of importing vehicles is expected to surge, leading to noticeable price increases at

August 15, 2024 • By Addis Insight

Business

Addis Tomorrow: The Fourth Major City Project Launched Around Gotera in Addis Ababa

Ethiopia The construction of the Addis Tomorrow Special Economic Zone was officially launched today, with Prime Minister Abiy Ahmed (Dr.) in attendance. The project, known as the “Addis Tomorrow Special Economic Zone,” is a collaborative effort with China’s CCCC and spans 35 hectares of land. This ambitious development is akin to creating a new city

August 14, 2024 • By Addis Insight

Entrepreneurship

Transforming Healthcare in Ethiopia: The Vision Behind Medanit

In the rapidly evolving landscape of healthcare, Medanit has emerged as a groundbreaking platform in Ethiopia, reshaping how medical services are accessed and delivered. Founded on a deeply personal experience and a vision to bridge the healthcare gap in the country, Medanit is more than just a platform—it’s a movement towards a more accessible, efficient,

August 14, 2024 • By Addis Insight

Sport

Coach Gemedo Dedefo Refuses to Accept 2 Million Birr Reward During National Palace Ceremony

Coach Declines Award: “I Am Ready to Accept Whatever Comes My Way, But Not the Reward” Unexpected Event at the National Palace Today at the National Palace, during an awards ceremony attended by President Sahlework Zewde, an unexpected event unfolded. The ceremony, intended to honor the achievements of Ethiopian athletes who participated in the Paris

August 13, 2024 • By Addis Insight

Politics

Second Round of Talks Between Ethiopia and Somalia Ends Without Agreement

The second round of talks between Ethiopia and Somalia, held in Turkey, concluded without an agreement, according to sources close to the matter. The sources, who requested anonymity due to the sensitivity of the discussions, revealed that Somalia had requested Ethiopia to cancel a memorandum of understanding (MoU) signed with Somaliland concerning the use of

August 13, 2024 • By Addis Insight

Books

Exploring the Complexities of Identity and Belonging: Dinaw Mengestu’s Someone Like Us and His New Collection of Essays

Dinaw Mengestu’s latest novel, Someone Like Us, delves deep into the intertwined themes of identity, belonging, and the immigrant experience in contemporary America. Mengestu, known for his poignant explorations of the Ethiopian diaspora and the complexities of life in the United States, once again captures the intricacies of the immigrant experience with a narrative that

August 13, 2024 • By Addis Insight

Politics

Tensions Rise as TPLF’s 14th Conference Kicks Off Amid Protests

The Tigray People’s Liberation Front (TPLF) recently commenced its 14th conference, led by its chairman, Dr. Debretsion Gebremichael, The event, taking place in Hawelti, began today, August 13th, 2024, and is scheduled to run for five days until August 17th, 2024. However, the conference has sparked significant controversy, leading to the absence of several central

August 13, 2024 • By Addis Insight

Business

Ethiopian Securities Exchange Partners with Infotech Private Limited to Launch Advanced Trading Technology

Addis Ababa, Ethiopia – In a groundbreaking move, the Ethiopian Securities Exchange (ESX) has signed two pivotal technology agreements with Infotech Private Limited, a leading global provider of capital markets technology solutions. This collaboration marks a significant milestone in the establishment of Ethiopia’s first-ever securities exchange, positioning the country to become a key player in

August 13, 2024 • By Addis Insight

News

Ethiopia Secures $97 Million in U.S. Humanitarian Aid as Part of $536 Million Africa Relief Effort

The U.S. government has announced a substantial humanitarian aid package of nearly $536 million to support refugees and conflict-affected communities across Africa. Ethiopia, one of the most critically impacted regions on the continent, will receive nearly $97 million of this aid. Uzra Zeya, the Under Secretary for Civilian Security, Democracy, and Human Rights, made the

August 13, 2024 • By Addis Insight