Business

The total assets of the Commercial Bank of Ethiopia reached 1.2 trillion birr

Abe Sano, the bank’s president, announced that the total assets of the Commercial Bank of Ethiopia have reached 1.2 trillion birr. It is understood from the report submitted by the president of the bank that the Commercial Bank of Ethiopia, which is conducting the evaluation of the performance of the work plan for the 2014

July 28, 2022 • By Addis Insight

Business

Ethio Telecom earned 61.3 billion birr in the current fiscal year.

Ethio Telecom earned 61.3 billion birr in the current fiscal year.Mrs. Frehiwot Tamru stated that Ethio Telecom earned 61.3 billion birr in the fiscal year 2022. The CEO of Ethio Telecom said that the revenue compared to the plan is 87.6% and compared to the same period of last year, it is an increase of

July 28, 2022 • By Addis Insight

Sport

Ethiopia’s athletics team welcomed by senior gov officials

The Ethiopian athletics team, which scored a decisive victory in the 18th World Athletics Championship held in Oregon, USA, received a warm welcome when it arrives in Addis Ababa. When the members of the athletic delegation arrived at the Bole International Airport, they were warmly welcomed by senior government officials. The Minister of Culture and

July 27, 2022 • By Addis Insight

Culture

We are destroying our historical downtown

Yidnekachew Mekonnen We are destroying our historical downtown. The first ever mixed use multifamily multistory housing built by the Italians is razed. We saw it coming when it is embraced with skyscrappers and the closure of businesses inside. We saw it coming when the fenestration is removed. We may never like the Italian occupation but

July 27, 2022 • By Addis Insight

Opinion

Why we should be grateful?

Surely the good things that happened to us in the last 4 years outweigh the bad things that happened to us? Dr. Dessalegn Chanie 1) Hundreds of thousands of Ethiopians lost their precious lives in the TPLF terror attack. These martyred citizens have families and friends who love them. Our country has lost human lives

July 27, 2022 • By Addis Insight

Politics

The Barefoot Navigator: Shinzo Abe’s Legacy in Recalibrating Japan’s Strategic Partnership with Africa

Abe and Abebe In 1960, a 28-year-old Abebe Bikila, an Ethiopian legendary athlete shocked the world with his extraordinary athletics gift by becoming a champion of the Olympic marathon running the race barefoot. He became the first African athlete to win a gold medal in the Olympics. Yet again, the legendary athlete did not stop

July 27, 2022 • By Addis Insight

Business

Ethiopia and Kenya signed an agreement on the sale of electricity

Ethiopia and Kenya have signed an electricity sales agreement today. The agreement was signed by the Minister of State for Finance, Dr. Ayob Tekelani and the President of Kenya, Uhuru Kenyatta. According to Dr. Ayob in his social media page, the agreement allows Ethiopia to sell 200 megawatts of electricity to Kenya. He also pointed

July 26, 2022 • By Addis Insight

Uncategorized

Battling for survival along the warming source of Blue Nile

  By Dagim Terefe (journalist, researcher)      Manyazewal Getachew (assistant data collector) 29 May 2022- For years, 43-year-old Endalew Tegegn depended on the steady summer rains to grow his chili, ‘Teff,’ tomato, and cabbage crops in Bahir Dar Zuria, Amhara regional state in northern Ethiopia. But in recent years, erratic rainfall and flooding led

July 26, 2022 • By Addis Insight

News

Russian Foreign Minister Sergey Lavrov arrives in Addis Ababa

The Foreign Minister of the Russian Federation, H.E. Sergey Lavrov, arrived today (July 26) in Addis Ababa for a working visit to Ethiopia. Deputy Prime Minister and Foreign Minister, H.E. Demeke Mekonnen and other high-level government officials welcomed the Russian Foreign Minister upon his arrival at Bole International Airport. During his stay in Ethiopia, Lavrov

July 26, 2022 • By Addis Insight

Business

Ignore  BBC’s  Report  on  Debt  Crisis:  Borrow  from  the  West  Like  There  is  No  Tomorrow

Yonas  Biru,  PhD This  is  a  back  of  the  envelop  analysis  on  international  debt  to  show  BBC’s analysis of Ethiopia’s debt crisis  is  rubbish.  Our  intellectuals  are  better  advised  to  spend  their  energy  in  making  sure the  loans  in  question  are  used  properly  rather  than  doing  their  #NoMore  አቶቶ ቡቱቶ on  US  and European  streets.

July 26, 2022 • By Addis Insight