Entrepreneurship

Addis Gets its Own Angel Investors Network

A group of individual investors whose aim is to promote Ethiopia’s economic development and sustainability has founded Addis Ababa Angel Investors Network. The Network that will invest in small startups and entrepreneurs in exchange for ownership equity aims to build a robust startup ecosystem in Ethiopia that addresses the existing funding gap that targets early-stage

September 27, 2020 • By Kaleab Girma

Opinion

Why Ethiopian Americans Should Vote in the November Elections

By Emebet S. Bekele “Being a citizen of a country brings with it a set of privileges and responsibilities” my dad always said. And so, I have always voted because my father had ingrained in me the civic duty of a person living in a democratic country.  I am aware that I am probably amongst

September 25, 2020 • By Addis Insight

Uncategorized

Addis to Commence on Mandatory Installation of Speed Limiters on Commercial Vehicles

In an attempt to tackle the growing number of road traffic accidents, Addis Ababa Traffic Management Agency is ensuing on the mandatory installation of speed limiters on all commercial vehicles in the capital. Vehicles registered in the capital with commercial purposes such as public transport vehicles with capacity from 12 up to 65 seats, carriage

September 24, 2020 • By Kaleab Girma

Uncategorized

Center Comes up with Herbicide to Rescue Lakes from Alien Weed, Emboch

A local botanical research and development center, Este Hiwot, has stated that it has found a herbicide that can put an end to water hyacinth, the invasive weed locally known as “Emboch.”  Ethiopian Experts & Scholars Association, who gave a press briefing on the matter yesterday, stated that the herbicide was discovered using homegrown knowledge

September 23, 2020 • By Addis Insight

Uncategorized

Court Grants Bail Right for Lidetu

The Oromia Regional State East Shewa Zone Division of the Federal High Court granted a 100,000 birr bail to Lidetu Ayalew, founder of the opposition Ethiopian Democratic Party (EDP). The decision by the court in Bishoftu Town was passed today, and according to the lawyers who talked to Addis Standard, a local digital megazine, efforts

September 22, 2020 • By Addis Insight

Diaspora

Merawi Gerima Debuts On Netflix

Merawi Gerima, has made a debut on the giant American streaming platform, Netflix, last week, with his award-winning feature film “Residue.” Merawi, whose father is a famous Ethiopian filmmaker Haile Gerima, joined the show world with his first directed movie, which focuses on his childhood in D.C. American filmmaker Ava DuVernay’s film company, Array acquired

September 22, 2020 • By Addis Insight

Uncategorized

Jawar, Bekele Face Heavy Charges from Prosecutors

Federal prosecutors charged the leaders of Oromia Federalist Congress, Jawar Mohammed and Bekele Gerba, for allegedly raising a civil war, committing terrorism, and telecom fraud. The prosecutors filed a total of ten charges against Jawar and Bekele together with 24 other defendants, some of whom are absent. The charges filed today at Lideta High Court

September 19, 2020 • By Kaleab Girma

Uncategorized

Abay Digitizes Payments, Launches Specialized Bill Generating System

Abay International Bank has launched a specialized bill generating system for service providers, joining Ethiopian banks’ latest move in digitizing their services.  Dubbed Unicash and built by Atlas Technologies System, a decade-old It firm, the system is made for schools, colleges, universities, utility companies, travel, hotels, and health care service providers.  To utilize the bank’s

September 19, 2020 • By Kaleab Girma

Uncategorized

Health Minister Endorses Holding the Election

The Ministry of Health passed its recommendation today, September 18, 2020, stating holding the disputed national election is now possible despite further increased COVID-19 cases in the country. Health Minister Lia Taddesse, in her report to the House of People Representatives, stated that as long as recommended COVID-19 precautions and guidelines are strictly followed, holding

September 18, 2020 • By Addis Insight

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The Grip on Money Intensifies as Cash Transactions in Property Sale Get Outlawed

The Federal Documents Authentication and Registration Agency (DARA) is no longer accepting and validating property sale agreements made with cash payments. The Agency introduced the new practice today, September 17, 2020, following the recent move of the National Bank of Ethiopia (NBE) that introduced a cash holding limit. The Agency’s new requirement applies to both

September 17, 2020 • By Kaleab Girma