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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17 New Levies: Ethiopia Broadens Disaster Fund Financing Across Banks, Telecoms, and Transport

Ethiopia has enacted a sweeping framework to finance its Disaster Risk Response Fund, drawing contributions from banks, insurers, telecom operators, transport services, fuel suppliers,...

Boeing and Ethiopian Airlines Announce Order for Nine 787 Dreamliners

Addis Ababa, Jan. 20, 2026 — Boeing and Ethiopian Airlines have announced a firm order for nine 787 Dreamliner aircraft, reinforcing the carrier’s long-haul...

Commercial Bank of Ethiopia Rolls Out CBE Connect App to Streamline Cross-Border Transfers

Commercial Bank of Ethiopia has launched a new digital wallet application, CBE Connect, as the lender moves to simplify formal remittance flows into the...

Ethiopia Freezes 10 Payment Gateways in Fintech Crackdown

Disclaimer: The Telebirr logo was used in a previous version of this article. We have since replaced it, as its use created confusion. We...

IMF Clears $261 Million Disbursement for Ethiopia as Reforms Deliver Stronger Growth

Addis Ababa / Washington, DC — January 16, 2026 The has approved the fourth review of Ethiopia’s program under the Extended Credit Facility (ECF), unlocking...

Commercial Bank of Ethiopia Launches StarPay, Advancing the Country’s Digital Banking Push

The (CBE) has officially launched , a new digital payment and banking application designed to elevate Ethiopia’s digital financial ecosystem and expand access to...
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