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...

Etorika: Capturing Ethiopia’s Mood in 18 Songs

The release of Etorika (2026) by Teddy Afro is more than an album launch; it represents the artist’s...

The 33 Million Birr Divorce: Inside the Collapse of the Teddy Afro and Sewasew Deal

The Ethiopian megastar has reportedly repaid his massive advance plus interest to exit a long-standing distribution deal just...

The Winners and Losers of Content Diplomacy: Inside IShowSpeed’s Africa Tour

The Digital Frontier of Content Diplomacy: A Comprehensive Analysis of the IShowSpeed Africa Tour (2025–2026) The "Speed Does Africa"...

The Hard Truth iShowSpeed’s Africa Tour Revealed: Africans Are Strangers to Africa

When iShowSpeed livestreamed his way across African cities, the internet reacted with predictable outrage and mockery. How could...
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Ethiopia Plans to Unveil 15% New Fuel and Vehicle Taxes to Bolster Public Revenue

The Ethiopian government is preparing to roll out a new set of fuel and vehicle taxes as part of a broader fiscal reform aimed...

Ethiopia Proposes 1.93 Trillion Birr Budget for 2018 Fiscal Year

Addis Ababa — The Ethiopian federal government has presented a draft national budget of 1.93 trillion birr for the 2018 Ethiopian fiscal year, Finance...

Dangote Reaffirms Investment Commitment in Ethiopia After Meeting with PM Abiy

Dangote Group Signals Renewed Commitment to Ethiopia’s Industrial Growth Following High-Level Meeting with PM Abiy Ahmed Addis Ababa, Ethiopia – June 7, 2025 In a major...

Jaquar Group Opens Flagship Bath & Light Showroom in Ethiopia, Reinforcing Commitment to Innovation and Skills Development

"Jaquar is investing in community upliftment through professional training initiatives and certification programs aimed at building a skilled workforce." Addis Ababa, Ethiopia – June 5,...

Ethiopia’s Birr Falls to 134.95 in Latest Foreign Exchange Auction as NBE Continues Biweekly Adjustments

June 5, 2025 – Addis Ababa The Ethiopian Birr fell to a new low of 134.9519 per U.S. dollar in Thursday’s foreign exchange auction, marking...

Ethiopia Proposes Record ETB 2 Trillion Federal Budget for 2025/26 Fiscal Year

In a landmark move signaling the government’s commitment to economic transformation, Ethiopia’s Council of Ministers has approved a historic draft federal budget of nearly...
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