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...

Etorika: Capturing Ethiopia’s Mood in 18 Songs

The release of Etorika (2026) by Teddy Afro is more than an album launch; it represents the artist’s...

The 33 Million Birr Divorce: Inside the Collapse of the Teddy Afro and Sewasew Deal

The Ethiopian megastar has reportedly repaid his massive advance plus interest to exit a long-standing distribution deal just...

The Winners and Losers of Content Diplomacy: Inside IShowSpeed’s Africa Tour

The Digital Frontier of Content Diplomacy: A Comprehensive Analysis of the IShowSpeed Africa Tour (2025–2026) The "Speed Does Africa"...

The Hard Truth iShowSpeed’s Africa Tour Revealed: Africans Are Strangers to Africa

When iShowSpeed livestreamed his way across African cities, the internet reacted with predictable outrage and mockery. How could...
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How’s Your Business Impacted by the New Excise Tax Amendment?

By Tsegamlak Solomon What Impact Will the New Excise Tax Amendment Proclamation Have on Your Company? The parliament convened last week to ratify the proposed...

CBE Introduces Digital Foreign Currency Remittance Service: EthioDirect

The Commercial Bank of Ethiopia (CBE) has unveiled a new digital foreign currency remittance service named EthioDirect. This move by the CBE is aimed...

Ethiopian Airlines Ups Accra Schedule As Part Of Wide African Expansion

Ethiopian Airlines is in expansion mode. Not just in terms of long-haul routes to Copenhagen, returning after two decades, or Addis Ababa to Atlanta. Crucially, it has...

2.5 Billion Birr Hotel: Haile Hotels and Resorts Inaugurates New Addis Ababa Hotel

The Haile Grand Addis Ababa Hotel, built by the Haile Hotels and Resorts Group, was officially inaugurated in October. The hotel, which is located...

Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars

Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars Today January 26, 2023, the Ministry of Finance...

NORFUND INVESTS 21 Million USD TO INCREASE PRODUCTION OF EDIBLE OILS IN ETHIOPIA

Norfund and a consortium of private investors managed by 54 Capital announce $21 million growth capital investment into Ethiopia’s largest FMCG platform SAMANU. Increased...
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