Business

Beyond the Map: Reimagining African Cities through Art

A map is usually something we use to find our way. It tells us...

Addis Gessesse, Visionary Who Elevated Ethiopian Music to the World Stage, Passes Away

The global music industry and the Ethiopian diaspora are in deep mourning following the sudden passing of visionary...

How Abel Tesfaye Became the World’s Highest-Paid Musician

For the global music industry, 2025 was a year of historic financial shifting. But for Ethiopians everywhere, it...

Disconnected by Design: Why Christopher Nolan and Haile Gerima Reject the Smartphone

In an era where the smartphone is treated as an extension of the human hand, choosing to step...

Federal High Court Grants Bail to Teddy Afro’s Assistant Manager and Co-Defendants

ADDIS ABABA — The Federal High Court issued its final ruling this afternoon regarding the bail requests of...
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Ethiopian Airlines to Suspend Atlanta Passenger Service From February

Addis Ababa — Ethiopian Airlines will temporarily suspend passenger flights between Addis Ababa and Atlanta beginning early February 2026, narrowing the carrier’s U.S. network...

Ministry of Justice Unfreezes StarPay and YagoutPay Accounts After Compliance Review

Addis Ababa — Ethiopia’s Ministry of Justice has lifted account freezes on StarPay Financial Technology and YagoutPay Financial Technology, two of ten digital payment...

Commercial Bank of Ethiopia Channels Over 91% of New Lending to Private Sector in First Half

Addis Ababa — Ethiopia’s largest lender said it directed the vast majority of its new credit to private businesses in the first half of...

IFC Considers $80 Million Loan to Back MIDROC’s Sheraton Addis Expansion and New Hotel Project

Addis Ababa, Jan. 22, 2026 — The (IFC) is considering an $80 million A-loan to support the refurbishment of the landmark Sheraton Addis and...

Ethiopian Investment Holdings Drives $250 Million Flagship Hotel Push in Addis Ababa

Ethiopia is accelerating a shift toward active ownership of state assets, placing hospitality and luxury hotels at the center of a broader strategy to...

How Ethiopian Airlines Turned Air Congo Into a Domestic Power

In just 12 months, the Democratic Republic of the Congo’s aviation landscape has undergone a tectonic shift. Air Congo, the joint venture between the...
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