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...

How Abel Tesfaye Became the World’s Highest-Paid Musician

For the global music industry, 2025 was a year of historic financial shifting. But for Ethiopians everywhere, it...

Disconnected by Design: Why Christopher Nolan and Haile Gerima Reject the Smartphone

In an era where the smartphone is treated as an extension of the human hand, choosing to step...

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...
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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 major milestone in Prime Minister Abiy Ahmed’s ambitious "Dine for...

Ethiopia Submits Official Bid to Host 2028 Africa Cup of Nations

The Ethiopian Football Federation (EFF) has formally submitted a bid to host the 2028 Africa Cup of Nations (AFCON), adjusting its long-term hosting ambitions...

Safaricom Ethiopia Revenue Jumps Nearly 48% in Q3 FY26 as Data, Voice and M-PESA Surge

Addis Ababa, Jan 30, 2026 — Safaricom Ethiopia reported strong revenue growth in the third quarter of FY2026, signaling accelerating commercial traction in Africa’s...

Ethiopia Pauses $1 Bln Eurobond Restructuring After Official Creditors Reject Terms

Addis Ababa, Ethiopia – January 30, 2026 — The Government of Ethiopia has announced a major setback in its ongoing sovereign debt restructuring process,...

24 Betting-Fraud Suspects Released as Authorities Remain Silent on Case Status

Twenty-four individuals previously arrested in connection with a large-scale betting-related revenue fraud—estimated at over 100 billion birr—have been fully released from prison, according to...

Ethio Telecom Customer Base Reaches 87.1 Million as Telebirr Transactions

Ethio Telecom has reported strong growth in its customer base and digital financial services, according to its six-month performance report for the 2018 fiscal...
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