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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Simonpietro Salini, Renowned Builder and Friend of Ethiopia, Passes Away

Addis Ababa, July 21, 2024 - The construction world mourns the loss of Simonpietro Salini, a key figure in the global infrastructure sector and...

Tesla-Powered Luxury: Henock Demissew’s VIP Taxi Service Redefines Addis Ababa’s Transport

Addis Ababa, Ethiopia – In the bustling streets of Addis Ababa, Henock Demissew is making waves in the luxury transportation industry. The owner of...

47 Years in the Making: Eneredada Cooperative Battles Sudden Eviction in Addis Ababa

The members of "Eneredada Multipurpose Consumers Union Limited Liability Company," which has been managing two properties behind Mado Hotel and Dessalen Hotel in Bole...

National Bank of Ethiopia Issues New Directive on Bank Investments

The National Bank of Ethiopia (NBE) has introduced a new directive aimed at regulating the investment activities of banks within the country. This move...

Ethiopia Secures Critical Financing Assurances to Unlock New IMF Loan

Addis Ababa, July 18, 2024 – Ethiopia has successfully obtained key financing assurances from its creditors, a vital requirement for unlocking a new loan...

Dashen Bank Reports a Profit of ETB 6.6 Billion

Dashen Bank, a prominent player in Ethiopia's private banking sector, has reported a profit of ETB 6.6 billion for the fiscal year 2023/24, positioning...
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