Ethiopian War

Molly Phee and Special Envoy for the Horn of Africa Satterfield to come to Ethiopia

Assistant Secretary Molly Phee and newly appointed Special Envoy for the Horn of Africa David Satterfield will travel to Saudi Arabia, Sudan, and Ethiopia from January 17 to 20, 2022. While in Riyadh, Assistant Secretary Phee and Special Envoy Satterfield will attend a meeting of the Friends of Sudan, intended to marshal international support for

January 15, 2022 • By Addis Insight

Business

Ethio Telecom to sell mobile phones on credit with National Identity Guarantee

Ethio Telecom announced that it is preparing to sell smart phones on credit by using national ID as a guarantee.   He said the company has been selling mobile phones to insured employees for the past one year and has so far sold more than 10,000 phones.   Ethio Telecom’s Head of Sales, Mohamed Haji,

January 15, 2022 • By Addis Insight

Business

Ethio Telecom to sell mobile phones on credit with National Identity Guarantee

Ethio Telecom announced that it is preparing to sell smart phones on credit by using national ID as a guarantee. He said the company has been selling mobile phones to insured employees for the past one year and has so far sold more than 10,000 phones. Ethio Telecom’s Head of Sales, Mohamed Haji, said that

January 15, 2022 • By Addis Insight

Business

Hibret Bank head office building at a cost of over 2.7 billion birr inaugurated

The construction of the Hibret Bank head office building, which cost more than 2.7 billion birr, was completed in the presence of the President of the Federal Democratic Republic of Ethiopia, Sahlework Zewde. The 37-storey Hibret Bank headquarters is also known as the Union Tower. The inauguration ceremony was attended by FDRE President Woro Sahlework

January 15, 2022 • By Addis Insight

Ethiopian War

WFP’s northern Ethiopia action hindered over passage barrier

The United Nations World Food Programme (WFP) today warned that its life-saving food assistance operations in northern Ethiopia are about to grind to a halt because intense fighting has blocked the passage of fuel and food.   The escalation of conflict across northern Ethiopia means that no WFP convoy has reached Mekelle since mid-December. Stocks

January 14, 2022 • By Addis Insight

News

Facebook to assess feasibility over the spread of violence in Ethiopia

Facebook stated the company would assess the feasibility of commissioning an independent human rights assessment into its work in Ethiopia. The board recommended reviewing how Facebook and Instagram have spread content that heightens the risk of violence there. Meta has been under pressure from lawmakers for user safety and its handling of abuses on its

January 14, 2022 • By Addis Insight

Tech

Twitter’s Ethiopian interventions may not have worked

Twitter’s decision to deactivate trending topics in Ethiopia did not reduce the volume or toxicity of tweets about the civil war @DFRLabFollowJan 13 · 5 min read By Megan A. Brown and Tessa Knight This piece first appeared in Tech Policy Press. On November 6, 2021, Twitter announced it was halting trending topics in Ethiopia due to the ongoing threat of

January 13, 2022 • By Addis Insight

Business

Oromia Cooperative Bank introduces a new digital platform for loans

In collaboration with Payment Financial Technologies, Oromia Cooperative Bank has introduced a new digital platform called “Mechu” to provide loans without collateral. It is believed to be the first convenient loan service for small and medium enterprises that cannot access credit. It is a conventional loan and recovery application that you can use by downloading

January 13, 2022 • By Addis Insight

History

New analysis shows early sapiens found in Ethiopia date older than estimated

Homo sapiens specimen found at the site Kibish Omo I, was discovered by volcanologist Prof. Céline Vidal of the University of Cambridge, Prof. Aurélien Mounier, a paleoanthropologist with the Museum of Mankind in Paris, and colleagues. The remains of the Kibish Omo I from Ethiopia — among the oldest known fossils of Homo sapiens in

January 13, 2022 • By Addis Insight

Business

Ethiopia-Djibouti railway records 37.5% increase in revenue

THE Ethiopia-Djibouti railway, which runs from Addis Ababa to the port in Djibouti City, recorded $US 86.13m in revenue in 2021, a 37.5% increase on 2020. The line was used by 449 passenger trains and 1469 freight trains over the year, transporting 77,357 TEUs. The company also improved the efficiency of operation, with the time to

January 12, 2022 • By Addis Insight