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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Addis Ababa Opens Landmark Goro–Bole Airport VIP Corridor

“Our dreams will come true through our relentless work every day, every hour, every minute,” declared Mayor Adanech Abebe today as Addis Ababa unveiled...

Haile Hotel Shashemene Reopens After 600M Birr Expansion

Haile Hotel Shashemene Reopens After 600M Birr Expansion: 7 Big Upgrades Guests Will Love Haile Hotel Shashemene is back in business! After undergoing a large-scale...

GERD Lake: Africa’s New Inland Sea (74 BCM, 1,874 km², 70 Islands)

Short take: Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) has created GERD Lake—a water body big enough to rank among Africa’s giants, with the power...

Al-Amoudi’s Fortune Surges Back to $8B as Preem Battles Energy Market Headwinds

Ethiopia’s Richest Man Rebounds Ethiopian-born billionaire Mohammed Al-Amoudi has seen his fortune rebound sharply in 2025, climbing to nearly $8 billion after a series of...

Investor Demand Doubles in Ethiopia’s 19.7B ETB Treasury Bill Auction

Addis Ababa – August 29, 2025 – Ethiopia’s latest Treasury Bill (T-bill) auction has shown booming investor interest, with bids coming in at more...

Ethiopia to Ease Bank Lending Cap, Unlocking 1.3 Trillion Birr in Credit

ADDIS ABABA, Ethiopia – August 29, 2025 – Ethiopia is set to lift the long-standing cap on bank lending starting next month, a move...
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