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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Telebirr Transactions Soar 22.6 Folds to 679.2 Billion Birr

Ethio Telecom's mobile money platform, Telebirr, has seen its transactions soar 22.6 folds to 679.2 billion birr ($2.8 billion) in the latest year. This...

M-Pesa to Launch in Ethiopia in September, Boosting Financial Inclusion

Safaricom, the Kenyan mobile network operator, is set to launch its M-Pesa mobile money service in Ethiopia in September 2023. The launch of M-Pesa...

Ethiopia Seeks Port Access Through Negotiations and Force

Addis Ababa, Ethiopia - Prime Minister Abiy Ahmed has announced that the Ethiopian government is exploring all options to secure a port for the...

Enkopa Summit to Disrupt the Perception of Entrepreneurship in Ethiopia

On October 12 and 13, 2023, tech experts, policymakers, entrepreneurs, corporate leaders, investors, and legal experts from more than 25 countries will converge at...

Ethio Telecom Earns 75.8 Billion Birr in 2022/2023

Ethio Telecom, the state-owned telecom provider in Ethiopia, announced on Tuesday that it earned 75.8 billion birr in the fiscal year 2023. The company's...

Best Western Premier Dynasty Hotel: A 1.3 Billion Birr Addition to Ethiopia’s Hospitality Industry

The Best Western Premier Dynasty Hotel, which cost 1.3 billion birr to build, was inaugurated on July 15, 2023. It is one of three...
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