Business

Nigeria’s Paga plans Ethiopia and crypto expansions in 2022

Nigerian payment platform Paga plans to press ahead with plans to expand in Ethiopia in 2022, and is also considering developing a crypto-currency product in Africa outside Nigeria, CEO Tayo Oviosu announced. The company has a license to operate in Ethiopia. As yet there is no date to start operations there, but Oviosu hopes it

December 10, 2021 • By Addis Insight

News

Prosperity Party Discussed the Need for National Dialogue

The Executive Committee of the Prosperity Party discussed current national issues and the need for inclusive national consultation. Adam Farah, head of the party’s office, said the executive committee of the party has set directions to strengthen the country’s existence and promote democracy. According to Ademeh Farah, the executive committee reviewed the current situation in

December 9, 2021 • By Addis Insight

Business

Commercial Bank of Ethiopia to lend over 100 billion birr

The Commercial Bank of Ethiopia (CBE) has announced that it is ready to provide over 100 billion birr loan to the private sector, agricultural inputs and public enterprises in the current budget year. The lifting of the government’s debt ban will have a significant impact on the country’s economy. It is well-known that private and

December 9, 2021 • By Addis Insight

News

Ethiopian Airlines partners with CarTrawler to provide online car rental service

Ethiopian Airlines, the fastest growing airline in Africa, partnered with CarTrawler, provider of online car rental distribution systems, for car hire and transfer services for its passengers globally. The affiliation enables Ethiopian Airlines to offer impeccable transport service to passengers throughout their journey. The service enables passengers to rent vehicles from third-party vehicle rental suppliers

December 9, 2021 • By Addis Insight

Business

ECA reports global energy market estimate $1.9 trillion in investments while Africa’s share is modest

The Economic Commission for Africa (ECA) and the RES4Africa Foundation have jointly released a series of country regulatory reviews on electricity markets in Ethiopia, Rwanda, Zambia, South Africa and Ghana. In 2020 alone, the global energy market saw about $1.9 trillion in investments, of which emerging and developing countries attracted 1/5th. Africa captured only a

December 9, 2021 • By Addis Insight

Business

An adjustment was made to the retail price of petroleum products

Ministry of Trade and Regional Co-operation announces new adjustments to the retail price of petroleum products in December. The ministry said the stabilization fund has caused more deficits than ever before due to rising global oil prices. The new retail price has been set due to the fact that the retail price of domestic products

December 8, 2021 • By Addis Insight

Ethiopian War

Ethiopia Claims More Victory On Dessie Front Against TPLF

Ethiopia’s Prime Minister Abiy Ahmed has indicated further crucial victories against the Tigray People’s Liberation Front (TPLF) even as the rebels claimed they had only retreated to strategize. Earlier today PM Abiy Ahmed returned to the office from war front after consecutive victories against TPLF.  The Ethiopian Security Forces has liberated the towns located on

December 8, 2021 • By Addis Insight

Ethiopian War

PM Abiy Ahmed Returns To Office

After PM Abiy Ahmed dramatically took the step to join the battle on the front line, unprecedented victory took place on the national defense force, leading the Ethiopian troops at the front, they were able to liberate territories captured by the rebel TPLF. Today PM Abiy Ahmed announced after completing the first chapter, he had

December 8, 2021 • By Addis Insight

Feature

Blockchain: Why identity based project in Ethiopia should worry us

Ethiopia has been facing an ongoing war with its northern Tigray region  counting a year now. With the ongoing conflict leaving the nation high and dry with a brink of famine and genocide. At the same time, we are beginning to recognize the role that technology companies and platforms can play in exacerbating such crises.

December 8, 2021 • By Addis Insight

Culture

Ethiopian Airlines Partnered With CarTrawler

Addis Ababa, 07 December 2021 Ethiopian Airlines, the largest aviation group in Africa, is pleased to announce that it has partnered with CarTrawler, the leading provider of online car rental distribution systems, launching car hire and transfer services for its passengers globally. The partnership enables Ethiopian to offer seamless transport service to passengers throughout their

December 7, 2021 • By Addis Insight