Nyala Introduces Insurance Coverage for Diaspora

December 25 , 2021

The executives of Nyala Insurance S.C. have launched an insurance policy geared towards the Ethiopian Diaspora, coinciding with senior government officials encouraging Ethiopians abroad to visit home for Christmas, dubbing the call 'the Great Ethiopian Homecoming.' The policy covers hospitalisation, surgery, and medical treatment costs, including those brought on by the COVID-19 pandemic, for a period of up to 90 days. The Diaspora policy was launched following a study and approval from the central bank, according to Tegen Masresha, head of marketing and business development at Nyala. The firm had also been the first to introduce a cell phone insurance policy earlier this year.


UNDP Nods $2m for National Dialogue

United Nation Development Program (UNDP) has signed an agreement with the Ministry of Finance and National Dialogue Commission, allocating 2.2 million dollars for the upcoming national discussion. Managed by an independent trust fund, and in addition to the annual budget allocated by the Ethiopian government, UNDP is looking to set up a financial buffer scheduling to raise 32.8 million dollars in support funds from development partners over the next three years. The Dialogue Commission was est...


Street Snack

The rainy season is going to be missed for at least one reason: boiled corn on the cob. As the customer captured here, it has been an enjoyable street food for the city's residents to keep them warm. More importantly, it was a livelihood for many street vendors. ...


Stair Shop

A shop and a shoeshine stall have been set up under the stairs of an overhead bridge. In the most crowded parts of Addis Abeba, there is always some type of vendor selling everyday goods, serving the lower-income population...