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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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...

Ethiopian Airlines Cancels Flights to Tigray Cities Without Official Explanation

ADDIS ABABA — Ethiopian Airlines has canceled all scheduled flights between Addis Ababa and multiple cities in Ethiopia’s Tigray region, disrupting passenger travel and...

National Bank of Ethiopia Launches Automated Interbank Trading FX Market Platform

Addis Ababa, Ethiopia — January 28, 2026 The National Bank of Ethiopia (NBE) has launched the country’s first Automated Interbank Foreign Exchange Market, a landmark...

Ethiopia Launches Automated Interbank FX Market in Major Step Toward Price Liberalization

Ethiopia has launched its first Automated Interbank Foreign Exchange Market, marking a significant milestone in the country’s ongoing macroeconomic reforms and efforts to modernize...

Inside Ethiopia’s Modern Air Fleet: What Was Revealed at the 90th Anniversary Show

When the Ethiopian Air Force marked the 90th anniversary of its formation with a rare public air show—branded the Black Lion display—the spectacle was...
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