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’s Capital Market Expands: ProInvest Capital Becomes 12th Licensed Service Provider

ADDIS ABABA, November 3, 2025 – The Ethiopian Capital Market Authority (ECMA) today announced it has granted a Capital Market Service Provider (CMSP) license...

Ethiopia’s Domestic Debt Climbs to 2.56 Trillion Birr

Ethiopia’s Domestic Debt Climbs to 2.56 Trillion Birr as Investors Flock to Short-Term T-BillsAddis Ababa, November 2025 — Ethiopia’s total domestic debt surged to...

Ethiopian Airlines Takes Delivery of 21st Airbus A350-900 — A Milestone in Fleet Modernization

Addis Ababa, May 30, 2026 — Ethiopian Airlines announced the delivery of its 21st Airbus A350-900 (registered ET-BCE), a milestone the national carrier said...

African Union Launches $30 Billion Plan to Modernize Aviation Infrastructure

Addis Ababa – October 31, 2025 — The African Union (AU) has announced a landmark US$30 billion continental aviation modernization initiative aimed at transforming...

Ethiopian Airlines and Chapa Partner to Enable Seamless Card Payments for Ethiopian Travelers 

Addis Ababa, Ethiopia — October 30, 2025 — Ethiopian Airlines, Africa’s largest airline group, and Chapa Financial Technologies S.C., Ethiopia’s leading fintech company, have...

First Addis Investment Bank Enters Ethiopia’s Emerging Capital Market

Ethiopia, one of Africa’s six largest economies, is home to more than 2.2 million businesses and 32 commercial and development banks. Yet, despite this...
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