Business

Telebirr Hits 51.5 Million Users, Facilitating 1.03 Trillion ETB in Transactions

Telebirr Hits 51.5 Million Users, Facilitating 1.03 Trillion ETB in Transaction Ethio Telecom’s financial performance in the first half of the 2024 fiscal year has been robust, highlighted by an EBITDA of 32.82 billion ETB, reflecting a profitability margin of 55.6%. The company also reported 61.9 billion ETB in total revenue, achieving 90.7% of its

February 12, 2025 • By Addis Insight

Business

EthioTelecom Inaugurates Ultra-Fast Electric Vehicle Charging Station

Addis Ababa, Ethiopia – EthioTelecom has launched an ultra-fast electric vehicle (EV) charging station at the Bole Road junction, developed in collaboration with various partners. The initiative is part of efforts to support Digital Ethiopia and contribute to the country’s transition toward sustainable transportation. Ultra-Fast Charging Technology Introduced The newly inaugurated station features an ultra-fast

February 11, 2025 • By Addis Insight

Politics

Lidetu Ayalew Barred from Boarding Flight to Ethiopia Amid New Travel Restrictions

Ethiopian politician Lidetu Ayalew has alleged that he was unlawfully prevented from boarding a flight to Ethiopia at Atlanta International Airport, despite no official legal charges barring his return. According to Lidetu, airline staff denied him a boarding pass, citing directives from the Ethiopian Embassy in the U.S. He claims his legal team has assured

February 11, 2025 • By Addis Insight

Business

Addis Ababa Nears Completion of Its First International Convention Center

Addis Ababa, Ethiopia – The capital city is on the verge of completing the construction of the Addis International Convention Center, the first and largest world-class convention and exhibition hub in Ethiopia. The project, which aims to elevate Addis Ababa’s status as a premier destination for global conferences and exhibitions, is now in its final

February 11, 2025 • By Addis Insight

Entertainment & Arts

Yohana’s Hello: The Album That Greets the Future of Ethiopian Music

Yohana Ashenafi is redefining Ethiopia’s reggae and dancehall scene with his signature blend of tradition and modern sound. Born in Debrezeit, a place where creativity thrives, he attended Kidist Selassie (Holy Trinity) Cathedral School, which nurtured both discipline and artistry. Though he later pursued mechanical engineering at Mekelle University, music was always his true calling.

February 10, 2025 • By Addis Insight

Uncategorized

Runway Model or Runaway Oversight? Ethiopian Airlines Vows Action After Aircraft Party

Critics question security and procedural lapses as airline vows corrective action Addis Ababa – Ethiopian Airlines is facing mounting criticism following the circulation of a social media video that showed a birthday celebration taking place aboard one of its aircraft while it was parked for maintenance. The incident, which occurred without official approval, has raised

February 10, 2025 • By Addis Insight

Uncategorized

The Illusion of Aid: How USAID’s Kefeta Project Gave Ethiopian Youth False Hope

A Promise Too Big to Keep For decades, USAID has positioned itself as the benevolent force behind Ethiopia’s development, funding billion-dollar projects designed to uplift the country’s most vulnerable populations. The agency has long been the go-to source for ambitious, multi-year initiatives aimed at solving unemployment, poverty, and health crises. The pitch is always the

February 9, 2025 • By Addis Insight

Business

Ethiopia E-Mobility Sector on the Upswing

In a significant development for Ethiopia’s burgeoning e-mobility sector, the country’s first Electric Motorbike Owners Association has been established, marking a pivotal step toward fostering a supportive ecosystem for electric vehicle (EV) adoption. With over 280 members already onboard, the association aims to streamline licensing processes, provide resources for riders, and promote compliance with city

February 8, 2025 • By Addis Insight

Culture

Saudi Arabia Imposes New Visa Restrictions Affecting Ethiopian Travelers

Saudi Arabia has announced major changes to its visa policy, set to take effect on February 1, 2025, limiting travelers from 14 countries, including Ethiopia, to single-entry visas. The decision aims to curb unauthorized Hajj pilgrims entering the country on long-term visit visas. Impact on Ethiopian Travelers Ethiopia is among the nations affected by the

February 8, 2025 • By Addis Insight

Business

IMF Managing Director Kristalina Georgieva Arrives in Ethiopia for Official Visit

Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has arrived in Addis Ababa for a two-day official visit aimed at strengthening economic cooperation between Ethiopia and the global financial institution. During her visit, Ms. Georgieva is scheduled to meet with Prime Minister Abiy Ahmed and senior government officials to discuss Ethiopia’s economic

February 8, 2025 • By Addis Insight