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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Ethiopian Airlines Partners with South Sudan to Launch National Carrier

Ethiopian Airlines Takes Bold Step in Regional Aviation by Partnering with South Sudan to Establish National Carrier In a historic move for regional connectivity and...

Wegagen Bank Celebrates Landmark Birr 9.8 Billion Profit, Outpacing Last Year’s Growth by 40%

Wegagen Bank has achieved record-breaking financial performance for the 2023/24 fiscal year, reporting a net income of Birr 9.8 billion and a gross profit...

Ahadu Bank has announced a pre-tax profit of more than 119 million birr.

At its 3rd Ordinary General Meeting of Shareholders held on October 30, 2017, the chairman of the bank's board of directors, Mr. Anteneh Sebsbe,...

Ethiopia’s Ministry of Finance Ends Franco Valuta Import System for Commercial Goods

The Ministry of Finance of the Federal Democratic Republic of Ethiopia has issued a directive announcing the end of the Franco valuta import system...

Ethiopia Aims for Cashless Economy with Interoperable QR Code Payment System

Ethiopia’s New Interoperable QR Code Standard Sets the Stage for a Digital Payment Revolution Ethiopia is taking a significant step in digital finance with the...

Ethiopia Earns $55 Million from Bitcoin Mining: A Growing Global Player

Ethiopia’s role in the Bitcoin mining industry is on the rise, bringing in a remarkable $55 million over the last ten months. This boost...
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