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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Addis Abeba City Administration Suspends Land Services to Combat Illegal Occupation

The Addis Abeba City Administration's decision to suspend all land-related services has created uncertainty for residents and businesses in the city. The suspension includes...

Equal Exchange Ethiopia Government’s plan to align official and black market dollar rates

Ethiopia is taking steps to address the widening gap between the official and black market exchange rates for the U.S. dollar. The government has...

Kazana Fund launches an Angel Syndicate to invest in African founders

Kazana Fund launches an angel syndicate with over 190 investors in its network with the aim to back exceptional African founders starting in Ethiopia Kazana...

Safaricom Ethiopia Expands Network Footprint to 21 Cities Across the Country

Safaricom Ethiopia has announced the expansion of its network and services to five new cities in December 2021: Hawassa, Assela, Jigjiga, Sodo, and Dilla....

Ethiopia’s Government Cracks Down on Illegal Money Laundering Ring: Over $20 Million Illegally Raised

 The Financial Security Service announced that it would ban money laundering of more than $20 million raised illegally.  The Financial Security Service (FS) has noticed...

Tewolde Gebremariam to Play Key Role in Potential Sale of Kenya Airways to Delta Airlines

The Kenyan delegation, led by President William Ruto, recently met with officials from Delta Airlines in Washington to discuss a potential sale of Kenya...
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