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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Federal High Court Lifts Ban on 21 EFFORT-Managed Organizations

The Federal High Court has lifted the ban on 21 organizations under the Tigray Rehabilitation Endowment Fund (EFFORT). The court also ordered that the...

ICJ and Kazana Group Launch 3rd Round of Open Pitch Competition for Ethiopian Startups

Inclusion Japan (ICJ), a Tokyo-based venture capital firm, and Kazana Group, an Ethiopian-based holding company, have announced the launch of their third round of...

Laureate Dr. Melaku Worede, Pioneer of Biodiversity Conservation, Passes Away

The Ethiopian Biodiversity Institute (EBI) announced today the passing of Dr. Melaku Worede, the institute's founder and former chief. Dr. Worede was a world-renowned...

World Bank President to Visit Ethiopia

Ajay Banga, the new president of the World Bank, will pay an official visit to Ethiopia from July 31 to August 1. During his visit,...

Ethiopia and World Bank Sign $400 Million Financing Agreement

July 27, 2023 The Government of the Federal Republic of Ethiopia and the World Bank signed a Financing Agreement amounting to a total of 400...

CBE Soars to 1.1 Trillion Birr in Deposits, Surpasses Target by 18.3%

Commercial Bank of Ethiopia (CBE) has announced that it has made a remarkable achievement in the 2015 Ethiopian fiscal year, with its deposits soaring...
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