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...

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...

Addis Has Heard Jazz Before. It Has Not Heard This Generation Like This.

Addis Ababa has long carried jazz in its bloodstream. From the golden era of Ethio-jazz to the layered...

Etorika: Capturing Ethiopia’s Mood in 18 Songs

The release of Etorika (2026) by Teddy Afro is more than an album launch; it represents the artist’s...

The 33 Million Birr Divorce: Inside the Collapse of the Teddy Afro and Sewasew Deal

The Ethiopian megastar has reportedly repaid his massive advance plus interest to exit a long-standing distribution deal just...
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National Bank of Ethiopia Unveils Interbank Market Platform to Boost Liquidity for Banks

National Bank of Ethiopia Launches Online Interbank Money Market Platform to Strengthen Financial Stability Addis Ababa, Ethiopia – October 31, 2024 – In a landmark...

PM Abiy Ahmed Unveils Vision for Africa’s Largest Airport and Expanded Fleet

Prime Minister Abiy Ahmed announced that Ethiopian Airlines has placed an order for 124 new aircraft, marking a significant milestone for the airline. “Ordering 124...

Ethiopian Airlines Debunks Eritrean Airspace Ban Rumors Amid Media Claims

Ethiopian Airlines has dismissed recent reports claiming that it has been banned from flying in Eritrean airspace, labeling such information as incorrect. The airline...

PM Abiy Accuses Embassies of Economic Misconduct and Black Market Ties in Ethiopia

Prime Minister Abiy Ahmed (Dr.) today made a bold statement during a parliament address, pointing to unnamed embassies involved in activities he described as...

NBE’s Directive on Fuel Imports Raises Concerns of Increased Activity in Parallel Markets

The National Bank of Ethiopia (NBE) has shifted a significant portion of the foreign currency responsibilities for fuel imports to commercial banks. As part...

Parliament to Review New Urban Land Leasing Decree Allowing Negotiations

A bill allowing the transfer of urban land through lease will be submitted to Parliament. In addition to auctions and allocations of urban land, a...
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