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...

How Abel Tesfaye Became the World’s Highest-Paid Musician

For the global music industry, 2025 was a year of historic financial shifting. But for Ethiopians everywhere, it...

Disconnected by Design: Why Christopher Nolan and Haile Gerima Reject the Smartphone

In an era where the smartphone is treated as an extension of the human hand, choosing to step...

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...
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Ethiopian Airlines Suspends Asmara Flights Following Eritrean Government Directive Announced Today

Addis Ababa, September 2, 2024 – In a significant development that has raised concerns across the region, Ethiopian Airlines has suspended all flights to...

Tinsae G. Mekonnen Launches “Dubai Decoded Vol.02” – Your Ultimate Guide to Thriving in Dubai’s Job Market

Dubai, United Arab Emirates – September 2, 2024 – Tinsae G. Mekonnen, an Ethiopian marketing professional based in Dubai, has just released the highly...

National Bank Opens Doors for Foreigners to Hold Dollar Accounts Amid Ethiopia’s Currency Reforms

The National Bank of Ethiopia has announced that it has completed the process of granting permission to Foreign Exchange Offices, a move that comes...

Ethiopian Airlines Given Three-Week Deadline by Somaliland to Restore Its Name on Flight Destinations

Somaliland Gives Two Airlines a Deadline to List Its Name on Their Flights Authorities in Somaliland have given Ethiopian Airlines and Flydubai a three-week grace...

National Bank of Ethiopia and Mastercard Foundation Launch Comprehensive Financial Education Module for Youth and MSMEs

Addis Ababa, May 2024 — The National Bank of Ethiopia (NBE), in collaboration with the Mastercard Foundation and First Consult under the BRIDGES program,...

30 Days After Ethiopia’s Currency Float: Development Bank Leads with 110% USD Rate Spike

Ethiopia’s recent decision to float its currency on July 28, 2024, has led to a significant devaluation of the Ethiopian Birr (ETB) against major...
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