Business

The National Bank of Ethiopia Launches New Monetary Policy Framework

July 9, 2024 | Addis Ababa, Ethiopia In a significant move to stabilize the country’s economy, the National Bank of Ethiopia (NBE) has unveiled a comprehensive new monetary policy framework aimed at ensuring low and stable inflation. This initiative follows extensive preparatory work aligned with the NBE’s Medium-term Strategy Plan, which included defining the bank’s

July 9, 2024 • By Addis Insight

News

Ethiopian Premier Abiy Ahmed Meets Sudan’s Army Chief in Port Sudan

Ethiopian Prime Minister Abiy Ahmed met with Sudan’s army chief General Abdel Fattah al-Burhan on Tuesday, marking the first time a foreign leader has visited Burhan in Port Sudan since the conflict between the army and the paramilitary Rapid Support Forces (RSF) erupted nearly 15 months ago. Abiy’s Role in Sudan’s Peace Efforts Abiy Ahmed,

July 9, 2024 • By Addis Insight

Business

Mohammed Al-Amoudi to Return to Ethiopia with Grand Rolls-Royce Spectre Welcome

The Anticipation and Grandeur Surrounding a Homecoming After seven years, Saudi-Ethiopian billionaire Mohammed Al-Amoudi is set to return to Ethiopia. Al-Amoudi, known for his extensive investments in the Ethiopian economy, is scheduled to arrive during the first week of Ethiopia’s upcoming new year to attend a family wedding. A Welcome Fit for a Billionaire In

July 7, 2024 • By Addis Insight

Eritrea

Biniam Girmay Makes History as First Black Athlete to Win Two Stages in a Week at Tour de France 2024

Girmay Triumphs in Stage 8 of Tour de France 2024 Biniam Girmay of Intermarché-Wanty-Gobert clinched a thrilling victory in Stage 8 of the 2024 Tour de France, a challenging 183.4 km route from Semur-en-Auxois to Colombey-les-Deux-Églises. The stage featured numerous short but steep climbs, including the Côte de Vitteaux, Côte de Villy-en-Auxois, and Côte de

July 6, 2024 • By Addis Insight

Books

Nebiy Mekonnen Celebrating the Life of Ethiopia’s Literary Legend

Nebiy Mekonnen (1956 – 3 July 2024) Nebiy Mekonnen, an influential Ethiopian poet, journalist, playwright, and translator, passed away on 3 July 2024. He was 68 years old. Nebiy was born in 1956 and became a pivotal figure in Ethiopian literature and journalism. He co-founded and served as the editor-in-chief of the weekly newspaper Addis

July 5, 2024 • By Addis Insight

News

Over 100 University Students Kidnapped by Militants in Oromia Region

Addis Ababa, Ethiopia – In a distressing incident, over a hundred university students traveling from the Amhara region to the capital, Addis Ababa, were reportedly kidnapped by militants in the Oromia region. This information was sourced from BBC Amharic by Addis Insight. Eyewitnesses and families of the hostages told the BBC that the passengers, most

July 5, 2024 • By Addis Insight

News

Daniel Bekele Departs EHRC: Reflecting on a Legacy of Human Rights Advocacy

Daniel Bekele, a prominent figure in the realm of human rights advocacy, has concluded his tenure as the Chief Commissioner of the Ethiopian Human Rights Commission (EHRC). Appointed in July 2019, Bekele has been instrumental in steering the commission through a transformative period marked by significant political and social upheavals in Ethiopia. A Tenure of

July 5, 2024 • By Addis Insight

Uncategorized

Lauryn Hill Honors Ethiopian Heritage with Empress Menen Asfaw Tribute at 2024 BET Awards

Lauryn Hill’s Majestic Tribute at the 2024 BET Awards Lauryn Hill, alongside her son YG Marley, captivated the audience at the 2024 BET Awards with a powerful performance of “The Miseducation of Lauryn Hill.” The stage was transformed into a regal homage to Ethiopian heritage, featuring iconic images of the Axum Obelisk and the Lalibela

July 2, 2024 • By Addis Insight

Sport

Biniam Girmay: The First African to Conquer a Tour de France Stage

Eritrean Cyclist Secures First-Ever African Victory in Prestigious Race In a groundbreaking achievement, Biniam Girmay has made history by winning the third stage of the Tour de France, marking the first time an African rider has claimed victory in the esteemed cycling event. Girmay’s triumph is a significant milestone not only for himself but also

July 1, 2024 • By Addis Insight

Opinion

The Prospect of Ethiopian National Dialogue: Integration, Disintegration and Reintegration?

By  Eyob Asfaw Gemechu It has been two years since the commission for national dialogue started its operation publicly. Though the commission was publicizing that it has been engaging on ground work preparation for the actual dialogue; nevertheless, its performance couldn’t escape public criticism. Alas, much of the criticism overshadowed by lack of inclusion and

June 26, 2024 • By Addis Insight