Page 188 – Addis Insight

Business

Ermias Amelega Recommendations for what ails the economy

Recommendations for what ails the economy: The road to stainable economic recovery and growth starts with a large (US$4-6 billion) non-debt foreign currency infusion to reboot the economy and anchor the liberalization of the exchange rate regime to a managed float after which market forces will balance supply and demand of foreign exchange. 2. The

May 22, 2022 • By Addis Insight

Ethiopian War

319 trucks of humanitarian cargo entered Tigray

319 trucks of humanitarian cargo entered Tigray during the reporting week, the highest number of trucks entering the region in a single week since June 2021. Between 1 April and 16 May, around 15,500 metric ton (MT) of food was brought into Tigray. At least 68,000 MT are still required to complete the current food

May 21, 2022 • By Addis Insight

Business

Ethio Telecom Signs An Agreement To Lease Its Modern Modular Data Center For Five Institutions

Ethio telecom built and launched a modern modular data center recently and has been utilizing it for own multiple purposes and leasing for enterprises. The company has signed a memorandum of agreement today with Zemen Bank, Rays Micro Finance, ZamZam Bank, Hijira Bank and Websprix that would enable these institutions use this modern high-capacity world

May 21, 2022 • By Addis Insight

News

Addis Ababa City Administration provides information on the color of buildings

Addis Ababa City Administration provides information on the color of building Addis Ababa: May 26, 2014 (FBC) The Addis Ababa City Administration has given an explanation on the color of buildings. The administration said one of the tasks to make Addis Ababa as beautiful as its name and to have a world-class appearance is to

May 21, 2022 • By Addis Insight

News

Prime Minister Office to Construct a 49 Billion Birr Palace

The Office of the Prime Minister is finalizing its preparation to construct a new national palace at a cost of 49 billion birr, when commenced the project will become PM Abiy most expensive mega project to date. Also, the project will become the second biggest public project next to the Grand Ethiopian Renaissance Dam, which

May 21, 2022 • By Addis Insight

Africa News

Meet the Two Ethiopian Listed Among Outsdanding African Women Scientists

Earth, Oceans and Skies Segenet Kelemu (Ethiopia), is the Director General and Chief Executive Officer, International Centre of Insect Physiology and Ecology. Her name is often mentioned among the global greats; her accolades, for her scientific contributions and institutional leadership, are a mile long. They include: the L’Oréal-UNESCO for Women in Science International Award