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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New Online Service by Unite.et Enables Remote Bank Account Registration for Ethiopians Abroad

Unite.et, a new online service, has launched to enable Ethiopians living abroad to remotely register and open local bank accounts in both local and...

Ethiopia and China Seal Historic Currency Swap Deal: Strengthening Trade Ties

On August 30, 2016, Ethiopia and China agreed to trade in Birr and Yuan, strengthening the economic ties between the two nations. This agreement...

Private Equity Firm 8 Miles, Backed by Bob Geldof, Exits Majority Stake in Ethiopia’s Awash Wines

Private equity firm 8 Miles, associated with Irish rockstar and philanthropist Bob Geldof, has divested the majority of its stake in Awash Wines, a...

Transformative Afforestation Project in Ethiopia Listed on Verra 

Date: September 2, 2024 Addis Ababa, Ethiopia We are thrilled to announce that African Bamboo’s afforestation, reforestation, and revegetation(ARR) carbon project has been officially listed on...

Kasanchis Area Set for Demolition as PM Abiy Expands Corridor Projects

In a recent ceremony recognizing the completion of the first phase of the Addis Ababa Corridor Project, Prime Minister Abiy Ahmed announced the upcoming...

Ethiopia Adjusts Power Tariffs to Meet IMF Goals, Effective This New Year

The adjustment made to the electricity service tariff, set to take effect starting from the upcoming New Year, aligns with requirements set forth by...
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