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...

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...

Made in Ethiopia Earns Emmy Nomination, Spotlighting China’s Industrial Footprint Through Women’s Stories

Addis Ababa, Ethiopia — The documentary Made in Ethiopia has been nominated for an Emmy Award in the...
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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...

Chapa Powers Ethiopia’s First Health SuperApp: Teninete Goes Live with Seamless Digital Payments

In just a couple of years, Chapa has become known nationwide for its speed, innovation, and frictionless digital payment infrastructure, an engine powering some...

Ethiopian Airlines Signs Deal for 11 Additional Boeing 737 MAX Jets

Ethiopian Airlines, Africa’s largest carrier and one of Boeing’s most strategic global partners, has committed to purchasing 11 additional Boeing 737-8 MAX aircraft, further...

Ethiopia’s 30% Fuel Tax Takes Effect Next Month as Government Pushes Toward Full Cost Recovery

Ethiopia is preparing to introduce a major shift in its fuel pricing regime, with a combined 30% tax on petroleum products set to take...

Ethiopia, RUSAL Advance Plan for $1 Billion Aluminium Smelter as MoU Signed

Addis Ababa — Ethiopian Investment Holdings (EIH) has signed a Memorandum of Understanding (MoU) with RUSAL, one of the world’s largest producers of low-carbon...
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