Women

Lidiana Solomon’s Partnership with Dubai Tourism Signals New Era for Ethiopian Influencers

Lidiana Solomon, the Founder and CEO of Lidiana Advertising and Marketing, has officially announced an exciting new partnership with Dubai Tourism. With 650k Instagram followers and 450k TikTok followers, Lidiana is one of Ethiopia’s leading social media influencers and models, setting a powerful example for upcoming Ethiopian influencers aiming to compete on the global stage.

October 22, 2024 • By Addis Insight

Politics

PM Arrives in Kazan, Russia for Ethiopia’s First Participation at BRICS Summit

The 16th BRICS Summit, which begins today in Kazan, Russia, is a milestone for Ethiopia as it marks the country’s first-ever participation in this powerful international forum. Ethiopian Prime Minister Abiy Ahmed (Dr.) arrived in Kazan to represent Ethiopia, a nation recently invited to join BRICS—a group that includes major emerging economies and is recognized

October 22, 2024 • By Addis Insight

News Wire

Raging Fire in Mercato Shema: Residents Scramble to Save Property Amid Firefighting Efforts

Fire Incident Reported in Addis Ababa’s Mercato Shema Area A fire broke out in the Mercato Shema area of Addis Ababa on Monday, October 21, 2024, causing widespread concern among local residents and businesses. According to eyewitnesses, the fire has been difficult to control, despite several minutes of firefighting efforts. “The fire is intense and

October 21, 2024 • By Addis Insight

Uncategorized

Salary Increases Approved for Ethiopian Government Employees: Key Details Inside

The Ethiopian government has announced the approval of salary adjustments for civil servants to help mitigate the impact of the rising cost of living. Dr. Mekuriya Haile, the Civil Service Commissioner, confirmed that the new wage structure will be implemented immediately, with payments commencing this month. The Ministry of Finance has dispatched the necessary budget

October 21, 2024 • By Addis Insight

Society

Ethiopia Becomes the World’s 10th Most Populous Nation

Ethiopia’s population in 2024 is estimated at approximately 133 million, making it the second-most populous country in Africa after Nigeria, according to Worldometer. The nation accounts for about 1.62% of the world’s total population, positioning it as the 10th most populous country globally. Its rapid population growth, urbanization, and predominantly youthful demographic present both opportunities

October 21, 2024 • By Addis Insight

Africa News

Africa Hall Reopens After $57M Makeover: Honoring the Birthplace of African Unity

Addis Ababa – The historic Africa Hall, a monumental site in the annals of African history, will be officially reopened today following an extensive renovation. This iconic hall is where the leaders of 32 African nations gathered in 1963 to establish the Organization of African Unity (OAU), the precursor to today’s African Union (AU). The

October 21, 2024 • By Addis Insight

Business

Ethiopia’s Betting Ban: Physical Shops Shutter, but Digital Doors Open

Ethiopia’s ambitious crackdown on sports betting, which saw over 6,000 betting shops shut down across Addis Ababa and other cities, has been in effect for some time now. This effort has led many to abandon betting, easing some of the related social issues. While the physical outlets may have closed, the betting culture remains resilient,

October 21, 2024 • By Addis Insight

Business

New Salary Scale to Take Effect Nationwide Starting October, Says Finance Minister Ahmed Shide

Ahmed Shide, the Minister of Finance, has announced that October salary payments will commence using the newly revised pay scale. “The new salary structure, effective from October, has been approved by the cabinet. Over the past few weeks, the Ministry of Finance and the Civil Service Commission have completed the necessary preparations, including the implementation

October 19, 2024 • By Addis Insight

Business

Ethio Foreign Exchange Bureau Goes Operational: A New Era in Currency Trade

Unveiling Ethiopia’s First Independent Forex BureausThe National Bank of Ethiopia (NBE) has recently granted operational licenses to five new independent foreign exchange bureaus, marking a significant development in the country’s financial landscape. This milestone marks a crucial step in the country’s transition to a market-based exchange regime, following the recent floatation of the Ethiopian birr.

October 19, 2024 • By Addis Insight

Business

Ministry of Finance Greenlights Entry of Fuel Vehicles Stuck at Djibouti and Dire Dawa Ports

Addis Ababa, October 19, 2024 – The Federal Democratic Republic of Ethiopia’s Ministry of Finance, in collaboration with the Customs Commission, has issued a new directive regarding the import of fuel-powered vehicles stored at Djibouti and Dire Dawa Dry Port. The directive is aimed at resolving the issue of vehicles that have been restricted from

October 19, 2024 • By Addis Insight