Business

Tulu Kapi targets 250 Million USD of gold export annually from Ethiopia

Media Statement In London this morning 17 May 2022, KEFI shareholders formally approved the recent capital raisings which were in several stages providing GBP28 million for KEFI to inject into early development works mainly at Tulu Kapi and also at the two Saudi Arabian projects. The total is the equivalent of Ethiopian Birr 1.8 billion

May 19, 2022 • By Addis Insight

Entertainment & Arts

Don’t Miss Eskes Festival

Eskes Festival እስክስ Fest is one of a kind upcoming festival where a different blend of team, professionals, Artists, Performer’s and talents Gather to make a magical scenery into a reality. Our patners Walia Beer, The mosaic hotel and Ahun app has done their parts to empower this event into an even more exciting scenery.

May 18, 2022 • By Addis Insight

Uncategorized

Coffee must be Ethiopia’s Brand

By: SintayehuGirma Aytaged Ethiopian Coffee & Tea Authority Ethics &Anti corruption Directorate Director sintayehuGirma76@gmail.com Phone number+2510900065962   In the 21st century all world integrated in strong market linkage. Especially in this globalization season most countries tries to promote and sell their unique products as a brand of their own country brand. If a country didn’t

May 18, 2022 • By Addis Insight

Business

Ethiopia Investment Holdings to Oversee Formation of Capital Market

Ethiopia Investment Holdings, the country’s sovereign abundance reserve shaped recently, declared it has been entrusted with laying out the Ethiopian protections trade (ESX), assuming control over the obligation from the National Bank of Ethiopia. It has been almost two years since the national bank started laying out Ethiopia’s most memorable capital market. The administrative body

May 18, 2022 • By Addis Insight

Africa News

Eritrea’s Biniam Girmay becomes first Black African rider to win a Grand Tour stage

Biniam Girmay (Intermarché-Wanty-Gobert Matériaux) claimed the first Grand Tour stage victory of his career – and the first in history for an Eritrean – as he put Mathieu van der Poel (Alpecin-Fenix) to the sword on stage 10 of the Giro d’Italia. Having missed out to the Dutchman on the opening stage, before claiming four

May 17, 2022 • By Addis Insight

Africa News

Ethiopia among the top 10 African countries for highest corporate tax

In this article, we are going to list the top 10 major economies in Africa by gross domestic product (GDP) with the highest corporate tax rates. Corporate tax rates vary across the globe and reflect the unique economic needs of every country. Countries rich in natural resources, for example, often generate a bulk of their

May 17, 2022 • By Addis Insight

Business

Ethiopia joins The International Forum of Sovereign Wealth Funds

IFSWF Strengthens its Footprint in Africa with Three New Memberships London, 17 May 2022 – The International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from over 40 countries, has admitted the Sovereign Fund of Egypt, as a full member, as well as Ethiopian Investment Holdings and the Fonds Souverain de Djibouti

May 17, 2022 • By Addis Insight

Ethiopian War

Brigadier General Tefera Mamo missing after leaving his home on Monday morning

Brigadier General Tefera Mamo missing after leaving his home on Monday morning, his wife Menen Hailethe BBC. According to his wife, the General left his home on Monday morning around 11:00 PM and had an appointment with a friend. Later on the day his wife, Menen repeatedly called on his cell phone but she did

May 17, 2022 • By Addis Insight

Uncategorized

Ethiopian Airlines Eyes Partnerships With Indian Airlines

Africa’s largest carrier Ethiopian Airlines is looking to create commercial partnerships with Indian low-cost carriers such as IndiGo and SpiceJet. Additionally, Ethiopian Airlines is also assessing the prospects of setting up its aircraft maintenance, repair, and overhaul facility in India. The airline already has a codeshare agreement with India’s national carrier Air India and a Special Prorate Agreement with Vistara. Currently, the

May 16, 2022 • By Addis Insight

Business

Ethiopia’s exports to China rise by 8% in 2021 over 2020 figure

Ethiopia’s export to China witnessed a steady growth amid booming bilateral trade and investment cooperation, according to Chinese ambassador to the country Zhao Zhiyuan, who recently said Ethiopia’s exports to China increased by 8 per cent in 2021 compared with 2020 as new foreign direct investment (FDI) from Chinese companies grew by 346 per cent.

May 16, 2022 • By Addis Insight