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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Ethiopian Airlines and Chapa Partner to Enable Seamless Card Payments for Ethiopian Travelers 

Addis Ababa, Ethiopia — October 30, 2025 — Ethiopian Airlines, Africa’s largest airline group, and Chapa Financial Technologies S.C., Ethiopia’s leading fintech company, have...

First Addis Investment Bank Enters Ethiopia’s Emerging Capital Market

Ethiopia, one of Africa’s six largest economies, is home to more than 2.2 million businesses and 32 commercial and development banks. Yet, despite this...

Ethiopia Announces New Fuel Market Share Formula by City

The Ethiopian government has unveiled a new market share formula for fuel products, aimed at ensuring fair distribution across the country. The formula categorizes...

Berhan Bank Reports 54.7% Earnings Per Share in 2024/25 Financial Year

Berhan Bank S.A. held its 16th Annual General Meeting of Shareholders on October 18, 2018, at Millennium Hall in Addis Ababa. During the meeting,...

Ethiopian Electric Power Announces Tariff Hike for Crypto Mining Operations

Addis Ababa, Ethiopia – October 29, 2025Ethiopian Electric Power (EEP) has issued an official notification to all data mining customers in Addis Ababa, confirming...

Ethiopia’s National Switch Records Strong Growth, Posts 1.42 Billion Birr Profit Before Tax

Addis Ababa, October 18, 2025 — Ethiopia’s national payment switch operator, EthSwitch S.A., has announced robust financial results for the last fiscal year, underscoring...
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