Market

Ethiopia Unveils Landmark Shebele Resort in Push for Regional Tourism Hub

Ethiopia officially inaugurated the Shebele Resort in the Somali Region on Saturday, marking a...

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...

Teddy Afro’s 148 Million-View Triumph Highlights YouTube’s Ethiopia Revenue Problem

The release of Teddy Afro’s latest album, Etorika, has not just been a musical event; it is a...
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Ethiopia Sets FX Auction Rate at 157 Birr/USD as Demand Hits USD 241 Million

The National Bank of Ethiopia (NBE) has announced the results of its latest foreign exchange auction, allocating USD 70 million to participating banks as...

Ethiopian Airlines to Resume Passenger Flights to Atlanta

Addis Ababa — Ethiopian Airlines has announced that it will resume passenger flights to Atlanta, one of the United States’ largest aviation hubs, beginning...

Awash Bank Registers 54 Million Shares as Ethiopia’s Capital Market Gains Momentum

Addis Ababa, Ethiopia — has formally registered more than 54 million ordinary shares with the (ECMA), marking a critical step toward its anticipated listing...

Ethiopia Announces Temporary Amnesty for Ethiopian-Origin U.S. Citizens Facing Overstay Penalties

Addis Ababa, March 16, 2026 — Ethiopia’s Immigration and Citizenship Service (ICS) has issued an urgent directive offering partial and full penalty waivers for...

Ethiopian Cargo Joins Freightos Digital Booking Platform to Expand Global Freight Access

Addis Ababa — March 12, 2026 Ethiopian Cargo & Logistics Services, Africa’s largest air cargo operator, will join the global digital freight booking platform Freightos...

Ethiopia Moves to Unlock Potash Wealth as Ethiopian Investment Holdings Signs Mining Deal

Addis Ababa — Ethiopia has taken a new step toward developing its mineral resources after Ethiopian Investment Holdings (EIH) signed a potash mining agreement...
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