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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Purpose Black Makes 1 Billion Birr Advance Payment for BGI Ethiopia’s Headquarters

Purpose Black claims that it has won the bid to purchase the main office building of BGI Ethiopia in order to construct ‘Farmer’s Tower’....

Addis Ababa City Council Approves 140.2 Billion Birr Budget

On Sunday, July 9, 2023, the Addis Ababa City Council approved a budget of 140.2 billion birr for the city in its second regular...

Foreign Companies to Receive Foreign Currency Guarantees for Key Projects in Ethiopia

The National Bank of Ethiopia has made a decision to allow foreign currency guarantees for foreign companies engaged in joint ventures with government or...

Viditure Technology Solution PLC To Launch The First Digital / E-Signature Application, Weleta

Weleta is poised to revolutionize the way people in Ethiopia sign their documents and how we do business in the future. Addis Ababa, Ethiopia: July...

Ethiopian Shipping and Logistics Celebrates the Arrival of its Largest Vessel, MV Abbay II

Ethiopian Shipping and Logistics (ESL) welcomed its newest and largest vessel, MV Abbay II, to its home port at Djibouti port. The Ultramax bulk...

Mobile money could add $5.3 billion to Ethiopia’s GDP

Monday 3 July, 2023 | Central Insights | Mobile for Development Today GSMA launched its new report Mobile Money in Ethiopia: Advancing financial inclusion and driving growth. The much-anticipated liberalization...
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