Business

Ethiopia records more remittances from diaspora

Ethiopian diaspora remittances reached 4.2 billion U.S. dollars during the Ethiopian 2021/2022 fiscal year that ended on July 7, said authorities. Mohammed Idris, the deputy director of the Ethiopian Diaspora Agency, said Friday that the remittances recorded during the past fiscal year exceeded the target set for the period by 200 million U.S. dollars.The Ethiopian

July 23, 2022 • By Addis Insight

News

Special Envoy for the Horn of Africa Mike Hammer’s Travel to Egypt, the UAE, and Ethiopia

Special Envoy for the Horn of Africa (SEHOA) Mike Hammer will travel to Egypt, the United Arab Emirates, and Ethiopia July 24-August 1. He will provide U.S. support toward forging a diplomatic resolution to issues related to the Grand Ethiopian Renaissance Dam (GERD) that would achieve the interests of all parties and contribute to a more peaceful and

July 23, 2022 • By Addis Insight

Business

Tsehay Bank has officially started its operations

Tsehay Bank has officially started its operations. National Bank Governor Dr. Yinagar Dese, the bank’s board leaders and invited guests were present at the bank’s launch program. The governor of the National Bank, Mr. Yinager Dese, said that the changes that have been taking place in the past four years in terms of new banks

July 23, 2022 • By Addis Insight

News

Russia and Africa: a future-bound partnership

BY SERGEY V. LAVROV (MINISTER OF FOREIGN AFFAIRS OF RUSSIA) On the eve of my visits to several African countries, I would like to share my reflections on the prospects for Russia-Africa relations in the current geopolitical context with esteemed readers. Today, African states play an increasingly important role in the global politics and economy,

July 22, 2022 • By Addis Insight

Business

Ethiopian Airlines To Serve Zürich This Winter

Zürich will be served by Ethiopian Airlines from October, bringing to 16 its European passenger route network this winter. It comes as many of the Star Alliance member’s European routes change, mainly in terms of where they stop en route. Ethiopian adds Zürich Ethiopian will begin Zürich on October 31st. It’ll operate via Milan Malpensa in both directions. Like other European routes, Ethiopian

July 22, 2022 • By Addis Insight

Culture

Los Angeles Times 2022 Gold Award Goes to Meals by Genet

Injera, cool to the touch, silkier than a tortilla and exploding with hundreds of fermentation bubbles on its spongier side, seems designed by a higher power to absorb the lush, spicy stews created by Genet Agonafer at her Little Ethiopia bistro, Meals by Genet. It is the plate, the fork and the spoon of Ethiopian

July 22, 2022 • By Addis Insight

Entertainment & Arts

Emahoy Tsege Mariam Gebru, “Emahoy Tsege Mariam Gebru”

Emahoy Tsegué-Mariam Gebru was born into an aristocratic family during the last vestiges of imperial Ethiopia; her turn toward a life of piety and spiritual devotion later in life is made all the more unique by her equal, if not greater, devotion to mastering music. While Ethiopian popular music of the 1960s was typically more along

July 21, 2022 • By Addis Insight

News

Ethiopia: Authorities must investigate massacre of ethnic Amhara in Tole

The Ethiopian authorities must urgently launch an impartial investigation into the summary killing of over 400 Amhara residents of Tole Kebele in Oromia region on 18 June, Amnesty International said today. “These horrific killings in Tole, allegedly at the hands of the Oromo Liberation Army, reveal its perpetrators’ utter disregard for human life Deprose Muchena,

July 21, 2022 • By Addis Insight

Business

Statement by President Biden on the U.S.-Africa Leaders Summit

I look forward to hosting leaders from across the African continent in Washington, DC on December 13-15, 2022, for the U.S.-Africa Leaders Summit.  The Summit will demonstrate the United States’ enduring commitment to Africa, and will underscore the importance of U.S.-Africa relations and increased cooperation on shared global priorities. The U.S.-Africa Leaders Summit will build

July 20, 2022 • By Addis Insight

Business

Tewolde GebreMariam received the Airlines Business Award at this year’s Airline Strategy Awards

Former Ethiopian Airlines chief executive Tewolde GebreMariam received the Airlines Business Award at this year’s Airline Strategy Awards on Sunday. Organized by FlightGlobal, the awards – which have been held since 2002 – recognize individuals, airlines, and companies supporting air transport that have demonstrated dynamic leadership and clear vision.   This year, Tewolde was among

July 19, 2022 • By Addis Insight