Uncategorized

Ethiopian Airlines Group Opens Bid for Foreign Exchange Services at Bole International Airport

Addis Ababa, Ethiopia – Ethiopian Airlines Group (EAG) has announced a competitive bidding process for leasing spaces at Addis Ababa Bole International Airport, Terminal 2. The bid, designated for competent service providers, aims to secure businesses offering foreign exchange services across seven available spaces in the airport’s bustling terminal. In the official bid announcement, EAG

October 9, 2024 • By Addis Insight

Uncategorized

As Hurricane Milton, a Category 5 Storm, Nears Landfall, We Look at the Influence of Ethiopia’s Highlands

The Global Impact of Ethiopian Mountains and Hurricanes: How East Africa’s Highlands Affect Extreme Weather in the Americas As America brace for the destructive force of Hurricane Milton, following closely on the heels of Hurricane Helene, it’s crucial to understand how seemingly distant geographic regions can influence the development of such extreme weather. Ethiopia’s towering

October 9, 2024 • By Addis Insight

Uncategorized

Breaking the Exam Cycle: How Ethiopia Can Transform Its Education Crisis

This year, Ethiopia’s 12th-grade national exams revealed serious issues in the country’s education system. Out of 674,823 students who took the test, only 36,409 passed, leaving a staggering 638,414 students facing uncertainty about their futures. For those who didn’t pass, the path ahead is filled with worry and doubt. This isn’t just a setback for

October 9, 2024 • By Addis Insight

Uncategorized

Fuel Price Adjustments Announced by Ministry of Trade and Regional Development

The Ministry of Trade and Regional Development has announced an adjustment to the retail prices of fuel products, which will take effect from October 09, 2024, at 06:00 a.m. The price changes are part of a broader macroeconomic reform effort, including a restructuring of the foreign exchange management system, first implemented in late July 2024.

October 8, 2024 • By Addis Insight

Uncategorized

Addis Ababa Announces Second Phase: 8 Corridors Spanning 132 Kilometers

September 28, 2017 (Ahadu Radio) – The Addis Ababa City Administration has launched the second round of its corridor development initiative, aimed at improving infrastructure and living conditions in the capital. The project was formally announced by Mayor Adanech Abebe, who also addressed questions from media representatives regarding the scope and details of the initiative.

October 8, 2024 • By Addis Insight

Politics

Taye Atske Selassie Becomes Ethiopia’s President Amid Sahle-Work’s Cryptic Departure

Ambassador Taye Atske Selassie Appointed as President of Ethiopia, Replacing Sahle-Work Zewde Amid Speculation Addis Ababa, Ethiopia – October 7, 2024 — Ambassador Taye Atske Selassie has officially been appointed as the new President of the Republic of Ethiopia, succeeding Sahle-Work Zewde. This transition follows widespread speculation about President Sahle-Work’s potential resignation, fueled by a

October 7, 2024 • By Addis Insight

Business

Ethiopia Opens Doors: 20 Global Firms Licensed in Retail and Wholesale Sector

After the announcement of a new directive allowing foreign investors to engage in wholesale and retail business in Ethiopia, 71 international companies have expressed interest, and 20 licenses have been issued since July. It is worth recalling that two months ago, the Ethiopian Investment Board, chaired by the Prime Minister, decided to open up sectors

October 6, 2024 • By Addis Insight

Politics

President Sahle-Work’s Cryptic Tweet and Official Response Fuel Resignation Rumors Amid Growing Criticism

A recent tweet from Ethiopia’s President Sahle-Work Zewde has sparked widespread speculation about her possible resignation. The tweet, which quoted a line from Mahmoud’s song Silence is My Answer, read: “When a person feels sad and broken, when he has got no place to go, hope is his only hope.” This emotionally charged message, coupled

October 5, 2024 • By Addis Insight

Diaspora

Meet the Ethiopian Women Revolutionizing Children’s Education Across the Globe

In a rapidly evolving global landscape, three Ethiopian women entrepreneurs are making significant strides in children’s education by blending technology, culture, and innovation. Spread across Germany, Switzerland, and Ethiopia, Tayech Berihun of LayuToys, Selamawit Mindaye of Lijinet, and Nigist Goytom of HaHu Scripts are empowering the next generation through interactive learning tools that celebrate Ethiopian

October 5, 2024 • By Addis Insight

Business

Minibus Operators Face Uncertain Future Amid New Licensing Threat

The Ethiopian Ministry of Transport and Logistics has introduced a strict new directive to improve public transportation safety and efficiency in line with Addis Ababa’s modernization efforts. While beneficial for the city, these changes create significant challenges for the public transport operators, especially minibus taxi operators, who now must obtain a competency license with stringent

October 5, 2024 • By Addis Insight