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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Bank Abyssinia Inaugurates Modern Banking Service Center in Collaboration with Chaka Buna

Bank Abyssinia inaugurated its state-of-the-art banking service center at its headquarters yesterday, January 22, 2017, in collaboration with Chaka Buna. The event was celebrated...

Mastercard Foundation and Reach for Change Select 13 Game-Changing EdTech Startups to Transform Learning in Ethiopia

In a bold move to reshape education for underserved communities in Ethiopia, the Mastercard Foundation, in collaboration with Reach for Change, has announced the...

Ethiopian Electricity Service Introduces Mobile Recharge System for Prepaid Users

The Ethiopian Electricity Service (EES) has announced the implementation of STS smart single-phase meters under the Unified Prepayment Project, aimed at simplifying electricity payments...

Ethiopian Banks Charge Hidden Fees, Driving Dollar Rate Up to 160 Birr

According to Wazema Radio, certain commercial banks in Ethiopia are charging additional fees beyond the legally mandated costs for foreign currency sales. Several import...

Commercial Bank of Ethiopia to Launch Salary-Based Loans via CBE Birr Plus App

The Commercial Bank of Ethiopia (CBE) has announced that it will soon begin offering salary-based loans to employees of government-owned development institutions through the...

Ethiopian Investment Holdings Plans Global Stock Market Return, Eyes Multinational Investments

Ethiopian Investment Holdings (EIH), the East African nation’s sovereign wealth fund, is poised to make a historic return to the global stock market with...
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