Business

Ethiopia Seeks Port Access Through Negotiations and Force

Addis Ababa, Ethiopia – Prime Minister Abiy Ahmed has announced that the Ethiopian government is exploring all options to secure a port for the country, including negotiation, “give and take,” and force. In a meeting with investors and businessmen on Thursday, Abiy said that Ethiopia’s current port costs are unsustainable, and that the country must

July 21, 2023 • By Addis Insight

Press Release

Worldwide Ethiopian Diaspora Open Letter to Dr. Abiy Ahmed, Prime Minister of Ethiopia

Addis Ababa, Ethiopia. March 8, 2023, Dr. Abiy Ahmed Ali, The Ethiopian Diaspora has supported you and your administration in our hope for a generational transformation in Ethiopia. The Diaspora has also been a critical catalyst in sending much-needed remittance, direct investments, funds to save lives and alleviate the suffering caused by drought and conflict,

March 8, 2023 • By Addis Insight

Uncategorized

Egyptian Air Force On High Alert After Al-Sisi Call

Egypt Air Force is put on high alert following President Abdel Fattah El-SIsi  order for his army to be ready  to conduct any military mission inside or outside the country. Several Middle East media outlets interpreting the call as a warning to Turkey and a potential intervention of Egypt in Libya.  President Al Sisi’s call

June 20, 2020 • By Addis Insight

Health

BLACK LION RESUMES CANCER TREATMENT AFTER COVID-19 SCARE

The Oncology Department of Black Lion Hospital that’s responsible for the treatment of cancer patients has returned to its normal operations after closing its doors as five of its staff tested positive for the Novel Coronavirus. The department, which is one of the two Oncology wards found in the capital, was forced to close its

June 19, 2020 • By Kaleab Girma

Uncategorized

ILLEGAL EXPORTS PUGH RED ONION PRICE TO RECORD HIGH

The price of red onion sored recently in Ethiopia, due to illegal exports to the neighboring countries, causing a shortage of one of the most key vegetables in almost all Ethiopian dishes. On average the price of red onion last year was 15 birr per kilogram but currently, a kilogram of onion is being sold

June 19, 2020 • By Eldad Damte

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AMERICAN AVIATION AUTHORITY ADMITS BLAME FOR ET 302 CRASH

The head of the American Federal Aviation Administration (FAA) acknowledged on Wednesday, June 17, 2020, that the agency and Boeing made mistakes that led to the crashing of the Ethiopian Airlines Flight 302 that killed 157 people. The testimony came from Steve Dickson head of Federal Aviation Administration Administrator, as the United States Senate held

June 18, 2020 • By Kaleab Girma

Diaspora

TRUMP TO APPOINT NEW AMBASSADOR TO ETHIOPIA

The white house announced its intent to nominate a new ambassador to Ethiopia on Monday, June 15, 2020. If appointed Geeta Pasi the 58-year-old Indian-American career diplomat will be the new ambassador of the US to Ethiopia. Pasi who currently serves as the Principal Deputy Assistant Secretary for African Affairs at the Department previously served

June 17, 2020 • By Kaleab Girma

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Digital Strategy Takes Root in Ethiopia

The council of ministers approved on Monday 15 June 2020 a digital strategy with a major aim of ensuring the county’s readiness for the development of a digital technology-based economy. The strategy that focuses on building infrastructures that support the digital economy allowing the government to properly build a system that can sustain the main

June 16, 2020 • By Eldad Damte

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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

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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