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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Commercial Bank of Ethiopia Announces New Service Fee Adjustments

Commercial Bank of Ethiopia Announces New Service Fee Adjustments Effective September 28, 2025 ADDIS ABABA – The Commercial Bank of Ethiopia (CBE) has announced another...

Why Dangote Chose Gode: Ethiopia’s $2.5B Fertilizer Gamble

ADDIS ABABA / GODE – Once dismissed as a remote and insecure outpost in Ethiopia’s Somali Region, Gode is now poised to become the...

Boeing Eyes Ethiopia’s Bole Airport for 777X Testing

Boeing Co. is preparing to test its next-generation 777X wide-body at Addis Ababa Bole International Airport, in a move that underscores the airport’s growing...

Ethiopian Airlines to Launch Direct Flights to Yabelo with Special Discounted Fares

ADDIS ABABA, Ethiopia – Ethiopian Airlines, Africa’s largest and most profitable carrier, is pleased to announce that it has finalized all preparations to commence...

Ethiopia Partners with Dangote to Build One of the World’s Largest Fertilizer Complexes

ADDIS ABABA, Ethiopia – Ethiopian Investment Holdings (EIH), the government’s sovereign investment arm, has signed a landmark agreement with Nigeria’s Dangote Group to build...

National Bank of Ethiopia Pushes Banks to Modernize Hawala Transfers

The Governor of the National Bank of Ethiopia (NBE), Mamo Mihretu, has sent a strong message to the banking industry: do more to boost...
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