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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GERD Lake: Africa’s New Inland Sea (74 BCM, 1,874 km², 70 Islands)

Short take: Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) has created GERD Lake—a water body big enough to rank among Africa’s giants, with the power...

Al-Amoudi’s Fortune Surges Back to $8B as Preem Battles Energy Market Headwinds

Ethiopia’s Richest Man Rebounds Ethiopian-born billionaire Mohammed Al-Amoudi has seen his fortune rebound sharply in 2025, climbing to nearly $8 billion after a series of...

The Big Winners: Ethiopian Investment Holdings’ 2017 Review of Ethiopia’s Economic Giants

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Investor Demand Doubles in Ethiopia’s 19.7B ETB Treasury Bill Auction

Addis Ababa – August 29, 2025 – Ethiopia’s latest Treasury Bill (T-bill) auction has shown booming investor interest, with bids coming in at more...

Ethiopia to Ease Bank Lending Cap, Unlocking 1.3 Trillion Birr in Credit

ADDIS ABABA, Ethiopia – August 29, 2025 – Ethiopia is set to lift the long-standing cap on bank lending starting next month, a move...

How Ethiopia’s Economic Future Is Being Anchored in Its Peripheries

For decades, Ethiopia’s economy has been tethered to its central highlands. Addis Ababa’s industrial parks, Oromia’s coffee, and Tigray’s textiles once defined the country’s...
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