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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China-Based Bank Commits US$500 Million to Ethiopian Airlines’ Bishoftu Mega-Airport

A major China-based financial institution has pledged US$500 million to support the development of the planned Bishoftu International Airport, Ethiopian Airlines Group (EAG) CEO...

Commercial Bank of Ethiopia Acquires 1,125 Condominium Units to Address Employee Housing Shortage

The Commercial Bank of Ethiopia (CBE) has purchased 1,125 newly built condominium units from the Addis Ababa City Administration, marking one of the largest...

NBE Launches Central Securities Depository and ‘Ts’ega’ Investor Portal

ADDIS ABABA – In a move set to fundamentally reshape Ethiopia’s financial landscape, the National Bank of Ethiopia (NBE) has officially launched the nation's...

Awash Bank Reports Record 25.67 Billion Birr Gross Profit

Awash Bank has posted the highest profit ever recorded by a private bank in Ethiopia, reporting a gross profit of 25.67 billion Birr for...

Ethiopia’s Central Bank Sets USD 520 Million FX Auction Plan Through March 2026

Addis Ababa — November 20, 2025 — The National Bank of Ethiopia (NBE) has unveiled a detailed bi-weekly foreign exchange (FX) auction schedule for...

Ethiopia Adds Fourth Investment Bank as ECMA Licenses Awash Capital S.C.

Regulator pushes momentum in nascent capital market with 13 CMSPs now approved The Ethiopian Capital Market Authority (ECMA) has issued a Capital Market Service Provider...
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