Uncategorized

Ride to go electric

RIDE’s founder and CEO Samrawit Fikru said that her company was working with its drivers to change their cars with electric vehicles. According to the CEO, the transition of the vehicles of more than 40,000 drivers of RIDE from gas powered cars into electric cars will help the economy of the country by saving foreign

June 8, 2022 • By Addis Insight

Uncategorized

Federal police arrested several suspects pretending to be Federal police

The Federal Police arrested several by the strictly monitoring individuals who have been organized by illegal bodies and operating with false documents pretending to be Ethiopian Federal police  special members. The suspects were armed with also illegal weapons and fake police IDs in various parts of Addis Ababa. Police have arrested them and are investigating.

June 8, 2022 • By Addis Insight

Culture

An Eritrean in Addis Ababa

For those who does not know the beautiful country I came from, Eritrea, let me give you a little insight. When you are walking down the street of Asmara, especially the main avenue, it feels like the history and culture of the country are walking you down holding your hands, letting the buildings talk for

June 8, 2022 • By Addis Insight

Diaspora

Professor Mesfin Tsige received $321,000 from NSF

Meet Mesfin Tsige who received $321,000 from the National Science Foundation to advance the fundamental understanding of the solution and interfacial properties of a type of polymer called polycatenanes, opening a door toward using them in molecular-level applications such as sensors, motors, and actuators. Mesfin Tsige is Professor of Polymer Science in the Department of

June 8, 2022 • By Addis Insight

Culture

Excerpt: A Gallop in Ethiopia: Wax, Gold & the Abyssinian Pony

Yves-Marie Stranger came to Addis Ababa in 2000, planning to stay a few months. He stayed for fifteen years, working as a book editor, interpreter, and translator and as an owner of an equestrian stable, leading horse treks in the Showan highlands. Yves has edited an acclaimed book (Ethiopia through writers’ eyes), and authored a

June 8, 2022 • By Addis Insight

Business

National Bank of Ethiopia grants license to 8 new banks

National Bank of Ethiopia announces licenses to eight new banks Fraser Ayalew, Director of  Banking Control at the National Bank of Ethiopia said several banks are applying for licenses following the ongoing reforms in the financial sector. He recalled that the National Bank of Ethiopia (NBE) has increased the minimum capital required to establish a

June 8, 2022 • By Addis Insight

Tech

Ethiotelecom Statement On Possible Service Disruption

We have encountered an incident on our international gateways outside the borders of the country and we are currently providing internet service with a backup line. As a consequence our internet service subscribers will experience degradation of internet speed and we are sorry for any inconvenience caused. Our engineers are collaborating with partners to restore

June 8, 2022 • By Addis Insight

Ethiopian War

More than 1100 trucks reached Tigray in the last 7 days

Secretary Antoni Blinken The United States welcomes the progress in securing more regular access for humanitarian assistance to communities in need in the Afar, Amhara, and Tigray regions of Ethiopia.  In the past seven days, more than 1,100 trucks have reached Tigray to deliver life-saving food, malnutrition treatment and health supplies, and other essential relief

June 8, 2022 • By Addis Insight

Business

The Federal Government has allocated 12 billion birr to Tigray State

The Federal Government has allocated 12 billion birr to Tigray State out of the total budget allocation for the states for 2015. Out of the total 786 billion birr budget presented for the 2015 fiscal year, 71 billion birr for Oromia, 44 billion birr for Amhara, 26.5 billion birr for southern nations, nationalities and peoples,

June 8, 2022 • By Addis Insight

Business

The 2022 Draft Budget focuses on debt relief, reconstruction of war-torn infrastructure,

The 2022 Draft Budget focuses on debt relief, reconstruction of war-torn infrastructure, humanitarian assistance to the victims and national security: Ahmed Shede Addis Ababa: May 30, 2014 (FBC) The 2015 Federal Government Draft Budget has been prepared with a focus on debt relief, reconstruction of war-damaged infrastructure, providing humanitarian assistance to the affected people and

June 7, 2022 • By Addis Insight