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Ethiopia will not advance on Tigray: Official

The Ethiopian government said Thursday that the armed forces have been ordered to halt further advances north in Afar and Amhara regional states. “The objective of the military offensive was to liberate the Amara and Afar regions from the terrorist TPLF (Tigray People’s Liberation Front) occupation and incapacitate it from becoming a security threat once

December 23, 2021 By Addis Insight
Uncategorized

The National Dialogue – Ethiopia’s Challenge
By Kebour Ghenna

These past eight years (since the expansion of the Addis Ababa boundaries in 2014)… something cracked in Ethiopia. The tenuous social contract between the government and its citizens broke down – completely. And now the war in Tigray has shown there is no honorable exit plan. Anyway, the war will finally end this year (hope).

December 23, 2021 By Addis Insight
Business

KEFI Minerals secures additional 800 million birr from shareholders for Developmental projects including Ethiopia.

Addis Ababa Ethiopia, December 23, 2021 – KEFI shareholders Yesterday announced that they will allocate an additional 800 million birr for developmental projects including the launch of Tulu Kapi. Planned to be as soon as the security situation allows, which is expected to be in early 2022. In addition to the Tulu Kapi launch it will

December 23, 2021 By Addis Insight
Ethiopian War

Van Hollen, Bass Urge Biden Administration to Reconsider Ethiopia’s Suspension from Critical AGOA Trade Program

WASHINGTON – Today, U.S. Senator Chris Van Hollen (D-Md.) and Congresswoman Karen Bass (D-Calif.) urged President Biden to reconsider his Administration’s November 2, 2021 decision to terminate Ethiopia’s designation as a beneficiary country under the African Growth and Opportunity Act (AGOA) at the end of this year. As the lawmakers note in their letter, this

December 23, 2021 By Addis Insight
Ethiopian War

Defense Forces and the Amhara Regional Security Forces took control of Sekota

Defense Forces and the Amhara Security Forces liberated most of Wag Hmra area and took control of Sekota, the capital of the zone. The government’s communication service told Fana Broadcasting Corporation that the Defense Forces and Amhara security forces are advancing towards Abergele, clearing the rest of the area. Defense Forces and the Amhara Regional

December 22, 2021 By Addis Insight
News

Artist Zeleke Gesesse survived a car accident today

Artist Zeleke Gesesse survives car accident today On his way to work in the morning, when Sheger Bus lost control om Bole Printing House, it ended up crashing into the artist car and six other vehicles. One pedestrian’s mother died instantly, and another was seriously injured and was taken to hospital. Artist Zeleke Gesesse thanked

December 22, 2021 By Addis Insight
Culture

‘Faya Dayi’ Ravishing Documentary about Ethiopian Khat Trade Nominated for the 94th Oscars

Produced by Ethiopian-Mexican filmmaker Jessica Beshir, “Faya Dayi” has been nominated for the 94th Oscar-winning documentary. The documentary is chiefly a collection of grand shots of beautiful scenery, close-ups of strong faces, and medium frames from the rear, mostly of women, traditionally dressed, which means covered from head to toe in Islamic chador — a

December 22, 2021 By Addis Insight
Business

Commercial Bank of Ethiopia Secured USD 2.64 Billion in Forex

Commercial Bank of Ethiopia, which is the biggest bank in East Africa with total assets worth almost a trillion birr, just made an announcement concerning remittances. In a lottery event, the Bank stated that it has secured USD 2.64 Billion in foreign exchange from remittances sent home during the Ethiopian fiscal year that ended on

December 22, 2021 By Addis Insight