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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Ethiopia’s National Switch Records Strong Growth, Posts 1.42 Billion Birr Profit Before Tax

Addis Ababa, October 18, 2025 — Ethiopia’s national payment switch operator, EthSwitch S.A., has announced robust financial results for the last fiscal year, underscoring...

Ethiopian Electric Power Posts 26.8 Billion Birr Revenue in Q1

Ethiopian Electric Power (EEP) reported a robust 26.8 billion birr in revenue from electricity sales during the first quarter of the current fiscal year,...

Ethiopia’s Economic Milestone: Exporting More Goods Than Services for the First Time

On October 18, 2018, Prime Minister Dr. Abiy Ahmed announced a historic achievement for Ethiopia: for the first time, the country earned more from...

Nib Bank Reports 2.9 Billion Birr Loss Following FX Market Unification Policy

Addis Ababa – Nib International Bank S.C. has reported a significant pre-tax loss of 2.9 billion birr for the fiscal year ended 2017, marking...

M-PESA Ethiopia Integrates with EthSwitch to Boost Financial Inclusion

Addis Ababa, Ethiopia – M-PESA Ethiopia has announced the completion of its integration with EthSwitch, Ethiopia’s national payment network, marking a major step toward...

How ICare Is Building an Inclusive E-Commerce Revolution in Ethiopia

By Addis InsightOctober 7, 2025 From TikTok to last-mile delivery, this Addis Ababa-based startup is transforming digital shopping and livelihoods in one of Africa’s most...
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