Business

Forty-four-storey skyscrapers are to be built in the Kazanchis area of ​​Addis Ababa

Forty-four-storey skyscrapers are to be built in the Kazanchis area of ​​Addis Ababa. According to The Reporter, Tewodros Yeshiwas, the owner of Quara Manufacturing, which is engaged in a number of projects, including Gomju Oil, is constructing the buildings. The 7,743-square-meter building will have forty-four floors and the other thirty floors. In particular, the forty-four-storey

June 12, 2022 • By Addis Insight

Business

Federal Housing Corporation inaugurates Gerji Village Construction Project

Federal Housing Corporation inaugurates Gerji Village Construction Project Aluminum formwork technology is used in the project; It is also pointed out that Ethiopian professionals have adapted the technology and completed the construction quickly. It is also known that the technology improves the quality and speed of construction. Using the technology, the corporation is said to

June 12, 2022 • By Addis Insight

Business

5.6 billion birr steel factory inaugurated in Dukem

The 450,000-square-meter steel melt factory in Dukem town of Oromia State was inaugurated today. The inauguration ceremony was attended by Oromia Regional State Head of State Shimeles Abdissa, Minister of Mines Engineer Takele Uma, religious leaders and other senior officials. The factory was built at a cost of 5.6 billion birr.When fully operational, the factory

June 11, 2022 • By Addis Insight

Business

Addis Ababa the second most expensive city in Africa

A report released by Statista in 2022, showed that Kampala is the most expensive city to live in in the East African region. Dakar city in Senegal ranked as the most expensive in Africa owing to the high prices of consumer goods as of 2022. Here is a list of 15 most expensive cities in

June 10, 2022 • By Addis Insight

News

Dutch court upholds life imprisonment for Ethiopian officials convicted of war crimes

The Hague’s Court of Appeal Wednesday upheld the conviction and life sentence of a former Ethiopian official who was convicted of 75 extrajudicial executions committed under Ethiopia’s Derg regime. The Court of Appeal’s specialized international section convicted Eshetu Alemu for his participation in the regime of former dictator Mengistu Haile Mariam and for taking part in a campaign

June 10, 2022 • By Addis Insight

News

Ethiopian government and TPLF could start talks in Arusha, Tanzania

  After the truce, peace? As humanitarian aid trucks have been pouring into Ethiopia ‘s rebel northern province since March , Abiy Ahmed’s government and Tigray People’s Liberation Front (TPLF) insurgents are now reportedly considering negotiations. According to several African and Western diplomats, discussions could begin as early as the end of June in Tanzania, probably in the city

June 10, 2022 • By Addis Insight

News

Court granted 30,000 birr baill to Birgadier General Tefera Mamo

The Amhara Regional State Supreme Court has ordered the release of former commander of the state’s special forces, Gen. Tefera Mamo, on bail of 30,000 birr. The court ruled that the county police did not provide credible information that makes the suspect risky if granted a bail.The court was scheduled to rule on the case

June 10, 2022 • By Addis Insight

News

Prime Minister Abiy  arrives in Djibouti for official visit

Prime Minister Abiy  arrives in Djibouti for official visit Addis Ababa: June 10, 2014 (FBC) Prime Minister Abiy Ahmed has arrived in Djibouti on an official visit. On his arrival in Djibouti, the Prime Minister was received by President Ismail Omar Guelleh. During their stay, they are expected to discuss bilateral and regional issues in

June 10, 2022 • By Addis Insight

Ethiopian War

Tigray gets electricity service today

Tigray gets electricity service today at 10:00 am o’clock. This is great news for a region that has been without network and electricity for months. Although neither the government nor the regional government has commented, most social media users have described the news as a first step towards peace. In related news, the United States

June 9, 2022 • By Addis Insight

Sport

Ethiopian national football team defeats Egypt 2-0

The Ethiopian national football team defeated Egypt 2-0 in tonight’s Africa Cup of Nations qualifier. Dawa Hotesa scored in the 21st minute and Shimeles Bekele scored in the 40th minute of the 2023 Africa Cup of Nations qualifiers at Malawi Bingu National Stadium. Following on the victory of the Ethiopian and Guinean national teams, all

June 9, 2022 • By Addis Insight