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 Issues Major Clarifications on Income Tax Amendment: What Businesses Must Know

ADDIS ABABA — The Ministry of Revenues (MoR) and Ministry of Finance (MoF) have jointly issued detailed clarifications on the implementation of Ethiopia’s Income...

M-PESA Ethiopia Posts 175% Surge in Active Users, Expands National Digital Ecosystem

M-PESA Ethiopia has reported exceptional performance over the past six months, marking a 174.8% year-on-year growth with 3.4 million active customers transacting within a...

HD Hyundai’s Sales in Ethiopia Surge 470% as Gold Mining Boom

South Korea’s HD Hyundai Infracore has reported an unprecedented 470 percent jump in equipment sales in Ethiopia this year, reflecting the country’s accelerating mining...

Ethiopia’s Capital Market Expands: ProInvest Capital Becomes 12th Licensed Service Provider

ADDIS ABABA, November 3, 2025 – The Ethiopian Capital Market Authority (ECMA) today announced it has granted a Capital Market Service Provider (CMSP) license...

Ethiopian Airlines Takes Delivery of 21st Airbus A350-900 — A Milestone in Fleet Modernization

Addis Ababa, May 30, 2026 — Ethiopian Airlines announced the delivery of its 21st Airbus A350-900 (registered ET-BCE), a milestone the national carrier said...

African Union Launches $30 Billion Plan to Modernize Aviation Infrastructure

Addis Ababa – October 31, 2025 — The African Union (AU) has announced a landmark US$30 billion continental aviation modernization initiative aimed at transforming...
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