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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Mohammed Al Amoudi’s Net Worth Surges 62% to $8.5 Billion in 30 Days

Ethiopian oil tycoon Mohammed Al Amoudi, recognized as one of Africa's wealthiest individuals, has witnessed a substantial increase in his fortune. In just a...

USAID Resumes Food Assistance in Ethiopia Following Significant Reforms

In a major step towards humanitarian aid reform, the United States Agency for International Development (USAID) announced the resumption of food assistance across Ethiopia...

Ethiopia’s Economic Outlook: Prime Minister’s Optimism Contrasts with Fitch Ratings’ Downgrade

Ethiopia's GDP Growth and Fitch Ratings' Concerns While Ethiopian Prime Minister Abiy Ahmed (Dr.) projected a rosy picture of the nation's economic growth in his...

EthSwitch Unveils Game-Changing National Payment Gateway in Ethiopia

Today marked a significant advancement in Ethiopia's digital payment sector with the inauguration of the National Payment Gateway (NPG), developed by EthSwitch. The launch event,...

Djibouti’s Space Milestone: First Satellite Launched with SpaceX

In a significant advancement for Djibouti's space ambitions, the Republic of Djibouti successfully launched its first satellite, Djibouti 1A, as part of SpaceX's Transporter-9...

CBE Birr Enhances its Mobile App: A Strategic Move in Ethiopia’s Digital Payment Space

The Commercial Bank of Ethiopia (CBE) has recently upgraded its mobile payment application, CBE Birr, marking a significant development in Ethiopia's digital payment landscape....
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