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 Inks Nuclear Deal With Russia in Energy Sovereignty Push

Ethiopia and Russia have signed a landmark action plan to begin constructing Ethiopia’s first nuclear power plant, a project poised to reshape the East...

Ethiopia Unveils Record 1.93 Trillion Birr Citizens’ Budget to Power Post-War Recovery and Growth

Addis Ababa — Ethiopia’s Ministry of Finance has released a record-breaking 1.93 trillion birr ($33.7 billion) national budget for the Ethiopian Fiscal Year (EFY)...

Ethiopia’s T-Bill Market Draws Heavy Bids as Finance Ministry Reforms Gain Traction

Addis Ababa — Ethiopia’s Treasury-bill market is attracting record investor interest after a series of debt-market reforms, signaling a new phase of domestic borrowing...

Addis Ababa Police Announce Road Closures for Meskel Demera Festival

The Addis Ababa Police Headquarters has advised motorists to plan ahead and use alternative routes on Monday, September 16, as the city prepares for...

Ethiopia’s Airbnb Dilemma: A Grey-Market Boom Waiting for a Digital Fix

Addis Ababa’s short-term rental market is primed for takeoff—if payments, policy, and power can catch up. Addis Ababa’s short-term rental (STR) scene sits at a...

Mikhail Egypteos: The Ethiopian Admiral Who Built Russia’s Deadliest Warships

Mikhail Milhailovich Egypteos was a pioneering Russian naval engineer of Ethiopian descent who became one of the most influential figures in the shipbuilding of...
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