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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Ermias Amelega Announces Revival of Access Realestate Projects at Nyala Motor Site

Addis Ababa, Ethiopia – Access Realestate, led by founder Ermias Amelega, has officially announced the resumption of construction and finishing activities at the Nyala...

Ethiopia Lifts Foreign Currency Restrictions on Goods, Keeps Vehicle Limits”

The Ministry of Finance has announced that the foreign exchange restriction on certain items has been repealed, except for fully equipped domestic automobiles and...

Lijinet Launches: A New YouTube Channel Bringing Ethiopian Culture to Kids

'Lijinet,' a newly launched YouTube channel, offers a unique and engaging platform for Ethiopian children, blending entertainment and education in an interactive format. The...

NBE’s New Forex Rules: 10 Key Points to Know as Birr Drops 30%

Ethiopia's National Bank Issues Comprehensive Foreign Exchange Directive Amid Currency Devaluation The National Bank of Ethiopia (NBE) has released a new directive aimed at regulating...

Ethiopia Implements Market-Based Exchange Rate System

Ethiopia Implements Market-Based Exchange Rate System Addis Ababa, July 2024 - The Ethiopian government has announced the implementation of a market-based exchange rate system, marking...

Ethiopian Airlines to Begin Night Flights Between Addis Ababa and Mekelle

Addis Ababa, July 28, 2024 — Ethiopian Airlines has announced the commencement of night flights between Addis Ababa and Mekelle, starting Monday, July 29,...
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