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 Koysha Hydropower Dam Reaches 65% Completion

Ethiopia’s bold push toward energy self-sufficiency and regional power exportation continues with major progress on the Koysha Hydropower Dam, now 65% complete as of...

Ethiopian Airlines Partners with Archer Aviation to Launch Electric Air Taxi Network in Africa

ADDIS ABABA, March 27, 2025 — Ethiopian Airlines, Africa’s largest carrier and a Star Alliance member, has entered into a groundbreaking agreement with Archer...

Commercial Bank of Ethiopia Launches MasterCard Payment System to Boost Digital Transaction

In a significant step toward enhancing the country's digital financial infrastructure, the Commercial Bank of Ethiopia (CBE) has officially launched a MasterCard payment system...

MIDROC Ethiopia Expands Fleet with New Modern Aircraft

Addis Ababa, Ethiopia – March 24, 2025 MIDROC Ethiopia has added a new modern aircraft to its fleet, expanding its operational capacity in the mining...

Ethiopia Adjusts Fuel Prices Amid Global Market Pressure and Domestic Budget Realignments

Addis Ababa, March 23, 2025 — The Ministry of Trade and Regional Integration has revised fuel prices across the country, effective March 21, 2025...

Zemedeneh Nigatu Appointed CEO of Newly Licensed CBE Capital

Zemedeneh Nigatu, a seasoned Ethiopian-American investment advisor, has been appointed the founding Chief Executive Officer of CBE Capital S.C., following the company’s receipt of...
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