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...

How Abel Tesfaye Became the World’s Highest-Paid Musician

For the global music industry, 2025 was a year of historic financial shifting. But for Ethiopians everywhere, it...

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...
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Abiy and Macron Forge Stronger Economic Ties as France Renews Commitment to Ethiopia’s Debt Relief and Investment Future

PARIS – In a high-level diplomatic meeting held at the Élysée Palace, Ethiopian Prime Minister Dr. Abiy Ahmed and French President Emmanuel Macron reaffirmed...

Ethiopia’s Banking Crossroads: Risks of Foreign Bank Entry Amid Domestic Fragility

Why Rushing Liberalization Could Undermine Local Banks and Widen Economic Inequality By Henok Gidey (BA, MBA, ACCA, CFIP), Finance Specialist Addis Ababa — The Governor of...

Ethiopia Sets $150K Minimum for Foreign Property Ownership, Bans Local Bank Loans

A new draft proclamation has been submitted to Ethiopia’s House of People’s Representatives, setting out strict regulations on foreign ownership of real estate and...

NBE Lifts Limit: Importers Can Now Make $50K Advance Payments

The National Bank of Ethiopia Introduces New Measures to Reform the Foreign Exchange Market The National Bank of Ethiopia (NBE) has announced the implementation of...

Africa at the Crossroads: A New Economic Dawn Fueled by Innovation, Diaspora Capital, and Bold Leadership

Interview with Lulite Ejigu, Chairperson of GRV and CEO & Managing Partner of Tevah Capital About Lulite Ejigu Lulite Ejigu brings a wealth of global financial...

M-Pesa Lite Officially Launches in Ethiopia, Expanding Cross-Network Mobile Money Access

Addis Ababa – May 19, 2025 — Ethiopia has reached a major milestone in digital finance with the official launch of M-Pesa Lite, a...
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