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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Prime Minister Abiy Ahmed Arrives in UAE for Working Visit

Prime Minister Abiy Ahmed (Dr.) has arrived in the United Arab Emirates for a working visit, according to an announcement from the Prime Minister’s...

Ethiopia Introduces New Immigration Fees, Launches $10,000 Golden Visa

Ethiopia has approved a sweeping revision of immigration and citizenship service fees, introducing a new 10-year Golden Visa priced at $10,000 and sharply increasing...

Fuel Prices Raised Across Ethiopia as Government Responds to Higher Global Oil Costs

Ethiopia has increased fuel prices nationwide, with retail rates for key petroleum products rising by as much as 10 birr per liter effective March...

Ethiopia’s Hotel Pipeline Nears 6,000 Rooms as COP32 Preparations Gain Pace

Ethiopia is emerging as one of Africa’s most active hotel development markets, with nearly 80 percent of its pipeline rooms already under construction, the...

MIDROC Investment Group Begins Demolition and Redevelopment of Millennium Hall

MIDROC Investment Group has begun demolition and redevelopment work on Millennium Hall, one of Ethiopia’s most prominent venues for major national and international events...

MIDROC Posts 66 Billion Birr in Six-Month Sales as Profit Jumps 95%

MIDROC Investment Group reported total sales of 65.99 billion birr in the first half of the 2025/26 fiscal year, exceeding its target and recording...
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