Uncategorized

Museveni Appoints Aviation Veteran Girma Wake as Interim CEO of Uganda Airlines

Ugandan President Yoweri Museveni has appointed former Ethiopian Airlines Group Chairman and Chief Executive Officer Girma Wake as interim CEO and advisor to Uganda Airlines, in a bid to stabilize the state-owned carrier amid leadership turmoil and mounting financial losses. The appointment follows the resignation of Jennifer Bamuturaki, who stepped down as CEO after a

February 17, 2026 • By Addis Insight

Business

A Structural Critique of Ethiopia’s 2026 FX Reforms

Kebour Ghenna On 11 February 2026, the National Bank of Ethiopia issued amendments that appear administrative on the surface but collectively rewire the country’s foreign exchange architecture. Examined structurally, each measure signals a deeper philosophical shift toward liberalization, decentralization, and capital mobility. If one were to assess these measures from a sovereignty-centered, anti-financialization perspective, the

February 16, 2026 • By Addis Insight

Business

AI Unipod Innovation Center Inaugurated in Addis Ababa

The AI Unipod Innovation Center, established through a partnership between the Ethiopian Artificial Intelligence Institute, Addis Ababa University, and the United Nations Development Programme (UNDP) under the Timbuktu Initiative, was officially inaugurated in Addis Ababa. Ethiopia’s Deputy Prime Minister, Temesgen Tiruneh, attended the event as guest of honor. Speaking at the ceremony, the Deputy Prime

February 16, 2026 • By Addis Insight

Business

Africa Bets on “Buy Local” Health Industry to Cut Import Bill and Build Strategic Power

ADDIS ABABA, Feb. 16, 2026 — African leaders have thrown their weight behind one of the continent’s most ambitious industrial projects in decades: building a domestic health-products industry large enough to supply most of Africa’s medicines, vaccines, diagnostics, and medical equipment within a generation. A declaration adopted on Feb. 14 on the sidelines of the

February 16, 2026 • By Addis Insight

Opinion

Redesigning Ethiopia’s Federal Future: The Middle Path Between Identity and Unity

By Tamrat Abera Ethiopia is not facing a crisis of diversity. It is facing a crisis of federal design. For more than three decades, the ethnic based federal system has structured political representation, identity, and governance. It gave long denied communities recognition, voice, and a sense of ownership in the state. That achievement should not

February 13, 2026 • By Addis Insight

Business

National Bank of Ethiopia Unveils Sweeping Amendments to Foreign Exchange Regulations

The National Bank of Ethiopia (NBE) has issued a comprehensive amendment to its Foreign Exchange Regulation (FXD/04/2026), introducing wide-ranging reforms aimed at liberalizing the country’s tightly controlled forex regime, improving liquidity, and easing foreign currency access for businesses, investors, and individuals. The new directive signals a continued shift toward gradual foreign exchange reform, with expanded

February 11, 2026 • By Addis Insight

Business

Aman Fissehazion, Founder and CEO of EBS Television, Passes Away

Addis Ababa — Aman Fissehazion, the Founder and Chief Executive Officer of EBS Television, has passed away. The prominent media entrepreneur had been receiving medical treatment after battling an illness. He died today, Yekatit 4, 2018 E.C. (February 12, 2026), according to an official statement released by the station. Aman Fissehazion was widely recognized as

February 11, 2026 • By Addis Insight

Business

Ethiopian Airlines Group posts $4.4 billion revenue in first half of FY2025/26

Ethiopian Airlines Group reported $4.4 billion in revenue during the first six months of the 2025/26 fiscal year, surpassing its internal target by 2 percent and marking a 14 percent year-on-year increase, underscoring the carrier’s continued expansion and resilience amid a volatile global aviation market. Chief Executive Officer Mesfin Tassew attributed the strong performance to

February 10, 2026 • By Addis Insight

Business

PM Abiy Ahmed Inaugurates Logo Lake Resort, Signaling Push to Expand Regional Tourism Infrastructure

ADDIS ABABA — Prime Minister Abiy Ahmed on Friday inaugurated Logo Lake Resort, a large-scale hospitality development in the Lake City area of the Amhara Region, underscoring the government’s efforts to position tourism as a driver of regional growth and post-conflict economic recovery. The resort, described by officials as part of the government’s “Gebeta Generation”

February 7, 2026 • By Addis Insight

Business

Ethiopian AI Scientist Appointed to UN’s First Global Scientific Panel on Artificial Intelligence

The United Nations has moved to appoint Ethiopian artificial intelligence expert Girmaw Abebe Tadesse to its newly created Independent International Scientific Panel on Artificial Intelligence, positioning Ethiopia within the world’s first global scientific body dedicated exclusively to AI governance. In a formal note circulated to the UN General Assembly on February 3, 2026, António Guterres,

February 5, 2026 • By Addis Insight