Uncategorized

Safaricom Bids to Enter Ethiopia

Safaricom, a Kenyan mobile network operator, is bidding for one of the two telecommunications licenses up for grabs in Ethiopia. Safaricom, which has had its sights on Ethiopia for some time now, yesterday on June 11, 2020, said it has put in an expression of interest. A Kenyan Based newspaper, The Standard, had quoted Chief

June 15, 2020 • By Kaleab Girma

Uncategorized

EFFORT Claims Multi-Billion Dollar Power Deal

The Ethiopian conglomerate EFFORT Group (Tigray Rehabilitation Endowment Fund) has stated that it signed an agreement with an Australian based clean energy cooperative, Lotus Energy for the construction of a 500 MW of solar plant in the Tigray region of Ethiopia at a cost of 3 billion dollars. The said 30-year contract that was signed

June 12, 2020 • By Addis Insight

Entrepreneurship

Mastercard Foundation Commits USD 3.2 million to Rescue Enterprises In Ethiopia

Addis Ababa, Ethiopia, June 11, 2020 – Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in Ethiopia to repurpose their factories to manufacture personal protective equipment (PPE) in the fight against COVID-19.  Mastercard Foundation will commit more than USD 3.2 million from the Mastercard Foundation COVID- 19

June 12, 2020 • By Addis Insight

Uncategorized

17.7 Billion Birr Needed for Humanitarian COVID-19 Impact Response

The Government of Ethiopia (GOE) and humanitarian partners have released a revised 2020 humanitarian requirement document outlining 17.7 Billion Birr (half a billion dollar) is needed for COVID-19 humanitarian impact response. The revised plan targets 9.8 million people for COVID-19-related interventions The targeted intervention plan, released yesterday June 11, 2020, aims to mitigate income losses

June 11, 2020 • By Addis Insight

Uncategorized

House Postpones Election, Extends Life of Parliament

The House of Federation has passed a decision today, June 10 2020, to extend the term of federal and regional parliaments until the Novel Coronavirus (COVID-19) pandemic is no longer a public health threat to the country. The bill that was approved with a majority of 114 votes, 4 oppositions and one absentee also determined

June 10, 2020 • By Addis Insight

Africa News

Ambassador Dina Mufti Reappointed as Spokesperson of Foreign Affairs Office

Ambassador Dina Mufti who has concluded his tenure as Ethiopia ambassador to Egypt has been reappointed as the new spokesperson for the ministry of foreign affairs.  Ambassador Dina Mufti has a record of serving as a full-time ambassador in several countries including Kenya, Malawi, Seychelles, and Denmark etc. Also, the ambassador has served as advisor

June 9, 2020 • By Addis Insight

COVID-19

Ethiopia Disinfecting Ancient Tourism Sites for Post-Covid-19 World

Ethiopian government considered seriously the recent report of Forbes that Ethiopia will be one of the top post-Covid-19 tourist destinations. And it has started disinfecting destinations during the time the country is in a heavy fight against the pandemic. According to the state-affiliated Fana Broadcasting report the infection mission has started at the National Museum.

June 9, 2020 • By Eldad Damte

COVID-19

Coronavirus Good News For Ethiopian Export Sector, Prime Minister Said

Prime minister Abiy Ahmed said Monday, Ethiopia’s export has shown a 13 percent increase this year mainly because of coronavirus.   In a live broadcasted response to the question from the parliament, the prime minister was optimistic about the current global pandemic. He mentioned It as good news for the export industry of the country.

June 9, 2020 • By Addis Insight

PM Dr. Abiy Ahmed

I Can’t Speak- Keria Ibrahim Speaker of The House Federation

On the same exact day where Prime Minister Abiy Ahmed addressed the parliament, Speaker of the House of Federation Keria Ibrahim submitted her resignation. Her resignation comes two days before the House of Federation submits its report on the postponement of the election.    In her statement Keria spoke about her refusal to become part

June 8, 2020 • By Addis Insight

Opinion

The Counter Hydro-Hegemonic Strategy and GERD – Under Threat

By- YUSUF ALI MOHAMMED                                                                                              Introduction The world is endowed

June 6, 2020 • By Addis Insight