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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Why a US visa ban on 26 African nations will backfire

AS DONALD TRUMP prepares for his first full week back in the Oval Office, his administration has delivered a blunt message to the developing...

Ethiopia Ends Administered Interest Rates in Landmark Financial Reform

Ethiopia’s central bank has scrapped all controls on commercial lending and deposit rates, in a sweeping deregulation move expected to reshape liquidity, credit pricing...

Hybe America Appoints Ethiopia Habtemariam as President of Music

Hybe America has appointed Ethiopia Habtemariam as its new president of music, effective immediately. The longtime executive and former Motown Records chief will work...

IMF Africa Director Abebe Aemro Selassie to Retire in May

The International Monetary Fund has announced that Abebe Aemro Selassie, the Ethiopian economist who has led its African Department for nearly a decade, will...

Ethiopia’s Forex Auction Clears at Birr 154.87 per Dollar

Addis Ababa, January 6, 2026 — Ethiopia’s central bank on Tuesday announced the results of its latest foreign exchange auction, with the weighted average...

Ethiopian Airlines to Launch New Lyon Service via Geneva

Addis Ababa, 06 January 2026 — Ethiopian Airlines has announced plans to introduce a new passenger service to Lyon, France, via Geneva, beginning 02...
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