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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How Investment Banks Will Unlock New Opportunities for Ethiopian Entrepreneurs

Ethiopia's historic decision to allow investment banks in the country is a significant move that has the potential to transform its business landscape and...

Ethiopian Capital Market Authority Licenses Five New Service Providers,

Addis Ababa, Ethiopia – The Ethiopian Capital Market Authority (ECMA) marked a major milestone in the country's financial development by granting licenses to five...

Ethiopian Airlines and Etihad Airways Forge Landmark Partnership to Boost Connectivity Across Africa, the Middle East, and Asia

Addis Ababa, Ethiopia – March 19, 2025 – Ethiopian Airlines and Etihad Airways have announced a strategic Joint Business Agreement to enhance connectivity between...

Ethiopian Airlines to Launch Direct Flights to Hanoi, Vietnam

Ethiopian Airlines has officially announced the launch of four weekly flights to Hanoi, the capital city of Vietnam, set to begin on July 10,...

Feres Increases Fare by 30 Birr Following Ride’s Price Adjustment

Feres, a major ride-hailing service in Ethiopia, has raised its base fare from 100 birr to 130 birr, implementing a 30 birr price increase...

Moody’s Keeps Ethiopia’s Low Credit Rating—What’s Next for the Economy?

Addis Ababa, March 14, 2025 – Moody’s Ratings has completed its periodic review of Ethiopia’s sovereign credit rating, maintaining its Caa3 foreign currency and...
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