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...

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...

Teddy Afro’s Associates Arrested, Studio Raided After Etorika Album Breaks Records: What We Know

Ethiopia's most celebrated musician, Tewodros Kassahun — known worldwide as Teddy Afro — is at the centre of...
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Safaricom Ethiopia Revenue Jumps Nearly 48% in Q3 FY26 as Data, Voice and M-PESA Surge

Addis Ababa, Jan 30, 2026 — Safaricom Ethiopia reported strong revenue growth in the third quarter of FY2026, signaling accelerating commercial traction in Africa’s...

Ethiopia Pauses $1 Bln Eurobond Restructuring After Official Creditors Reject Terms

Addis Ababa, Ethiopia – January 30, 2026 — The Government of Ethiopia has announced a major setback in its ongoing sovereign debt restructuring process,...

24 Betting-Fraud Suspects Released as Authorities Remain Silent on Case Status

Twenty-four individuals previously arrested in connection with a large-scale betting-related revenue fraud—estimated at over 100 billion birr—have been fully released from prison, according to...

Ethio Telecom Customer Base Reaches 87.1 Million as Telebirr Transactions

Ethio Telecom has reported strong growth in its customer base and digital financial services, according to its six-month performance report for the 2018 fiscal...

Ethiopian Airlines Cancels Flights to Tigray Cities Without Official Explanation

ADDIS ABABA — Ethiopian Airlines has canceled all scheduled flights between Addis Ababa and multiple cities in Ethiopia’s Tigray region, disrupting passenger travel and...

National Bank of Ethiopia Launches Automated Interbank Trading FX Market Platform

Addis Ababa, Ethiopia — January 28, 2026 The National Bank of Ethiopia (NBE) has launched the country’s first Automated Interbank Foreign Exchange Market, a landmark...
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