Business

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 Investment Holdings Expands Its Portfolio with Eight Key Additions

Addis Ababa, Ethiopia – December 4, 2024 – Ethiopian Investment Holdings (EIH), the strategic investment arm of the Ethiopian government, has announced a major...

Government’s Bold Tax Reform: Can Ethiopia Meet Its Revenue Targets Amid Challenges?

Ethiopia is navigating a moment of profound change, driven by the urgent need to address challenges that have slowed growth for years. One of...

BIT Mining to Acquire 51-Megawatt Ethiopian Crypto Mining Centers for $14.28 Million

BIT Mining Limited (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced a landmark acquisition aimed at expanding its operations into Ethiopia, one...

Ethiopia, Djibouti, and Sudan Forge Groundbreaking Telecom Partnership to Boost Africa’s Digital Future

In a significant step toward advancing Africa's digital transformation, telecom giants Ethio Telecom, Djibouti Telecom, and Sudatel have announced a strategic partnership aimed at...

Ethiopia’s Fashion Stars Shine in Creative DNA: Ethiopia 2.0

The Creative DNA Fashion Programme, spearheaded by the British Council and implemented in partnership with Creative Hub Ethiopia and iceaddis, celebrated the successful conclusion...

NBE Prepares to Announce Credit Cap Reform Amid Inflation Ease

In an effort to relieve inflation, the National Bank of Ethiopia (NBE) has introduced a 14 percent cap on credit growth for commercial banks....
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