Opinion

Can We Reap a Hope of Optimism in the Audacity of PM Abiy Ahmed?

By Eyob Asfaw Gemechu On 14 November 2023, PM Abiy Ahmed broke his silence publicly after he engaged with MPs.   His last appearance to directly communicate with the public was during his recently controversial statement on Ethiopia’s access to the Red Sea.   Arguably, as a typical politician and statesman, in all of his speeches, he

November 15, 2023 • By Addis Insight

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November 15, 2023 • By Addis Insight

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The Infinix NOTE 30: A Smartphone that Delivers on Every Level

In the dynamic world of smartphones, Infinix consistently pushes the envelope with each new release. Their most recent offering, the Infinix NOTE 30, is a testament to their commitment to innovation. Packed with cutting-edge features and an attractive design, the NOTE 30 is set to redefine the landscape of budget-friendly smartphones. The Infinix NOTE 30

November 15, 2023 • By Addis Insight

Uncategorized

Ethiopian Airlines Agrees to Landmark Order for Up to 67 Boeing Jets

DUBAI, United Arab Emirates, Nov. 14, 2023 /PRNewswire/ — Boeing and Ethiopian Airlines today announced the carrier has agreed to order 11 787 Dreamliner and 20 737 MAX airplanes with an opportunity for 15 and 21 additional jets, respectively. The agreement, signed by Ethiopia’s national carrier at the Dubai Airshow, represents the largest-ever purchase of Boeing airplanes in African history. “We

November 14, 2023 • By Addis Insight

Business

Ethiopia’s Economic Outlook: Prime Minister’s Optimism Contrasts with Fitch Ratings’ Downgrade

Ethiopia’s GDP Growth and Fitch Ratings’ Concerns While Ethiopian Prime Minister Abiy Ahmed (Dr.) projected a rosy picture of the nation’s economic growth in his recent parliamentary address, citing a doubling of the GDP to approximately $164 billion, a contrasting perspective emerges from Fitch Ratings. On November 2, 2023, Fitch Ratings downgraded Ethiopia’s Long-Term Foreign-Currency

November 14, 2023 • By Addis Insight

Business

EthSwitch Unveils Game-Changing National Payment Gateway in Ethiopia

Today marked a significant advancement in Ethiopia’s digital payment sector with the inauguration of the National Payment Gateway (NPG), developed by EthSwitch. The launch event, held in Addis Ababa, was attended by EthSwitch CEO Yilebes Addis, who introduced the NPG platform. This new development promises to transform the processing of online transactions nationwide. At the

November 13, 2023 • By Addis Insight

Business

Djibouti’s Space Milestone: First Satellite Launched with SpaceX

In a significant advancement for Djibouti’s space ambitions, the Republic of Djibouti successfully launched its first satellite, Djibouti 1A, as part of SpaceX’s Transporter-9 dedicated SSO rideshare mission from Vandenberg Space Force Base. This launch aligns with SpaceX’s recent Falcon 9 rocket launch for the 29th resupply mission to the International Space Station (ISS), showcasing

November 12, 2023 • By Addis Insight

Business

CBE Birr Enhances its Mobile App: A Strategic Move in Ethiopia’s Digital Payment Space

The Commercial Bank of Ethiopia (CBE) has recently upgraded its mobile payment application, CBE Birr, marking a significant development in Ethiopia’s digital payment landscape. This enhancement is seen as a strategic response to the growing competition in the sector, particularly with TeleBirr. The updated version of CBE Birr introduces a more user-friendly interface and an

November 11, 2023 • By Addis Insight

Uncategorized

Unspoken Tensions: The Silent Diplomatic Divide Between Ethiopia and Eritrea in Riyadh

The recent Saudi-Africa Summit in Riyadh, initially seen as a potential platform for improving relations between Ethiopia and Eritrea, has instead highlighted the increasing strains in their bilateral ties. During the summit, Ethiopia’s Prime Minister Abiy Ahmed met with regional leaders from Somalia and Djibouti but notably did not engage in a meeting with Eritrea’s

November 11, 2023 • By Addis Insight

Tech

iceaddis and Mastercard Foundation Select Startups for Premiere Ethiopian Tech Accelerator

Ethiopia’s burgeoning tech scene is receiving a significant boost as iceaddis, the country’s pioneering innovation hub, in partnership with the Mastercard Foundation, unveils a roster of startups chosen for its high-profile accelerator program, Venture Media reports. This initiative is set to catalyze the growth of Ethiopia’s most promising tech ventures by providing access to capital,

November 11, 2023 • By Addis Insight