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 to Launch Unified Vehicle License Plates Featuring National Branding

Addis Ababa, Ethiopia – The Ministry of Transport and Logistics has issued a new directive mandating a nationwide overhaul of vehicle license plates, introducing...

Council of Ministers Forwards Draft Proclamation on Foreign Ownership of Property to Parliament

April 23, 2017 – In its 44th regular session held today, the Council of Ministers unanimously agreed to forward a draft proclamation to the...

Federal Government Launches “Mesob” One-Stop Digital Service Center

In a groundbreaking move towards digital transformation, the federal government has officially launched Mesob, a one-stop service platform designed to integrate multiple public services...

Ethiopia: Passport Services to Require National ID (Fayida) Starting June 1

Addis Ababa, April 18, 2017 (FMC) — In a major policy shift aimed at enhancing security and improving service delivery, Ethiopia’s Immigration and Citizenship...

Fitch Upgrades Ethiopia’s Local Currency Rating Amid Macroeconomic Reforms

April 26, 2025 Hong Kong – Fitch Ratings has upgraded Ethiopia's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) from 'CCC-' to 'CCC+', citing easing financing...

Ethio Telecom Sells Only 10.7% of 100 Million Shares After 121 Days of IPO Offering

Share Sale Results: Only a Fraction Sold Six months after launching Ethiopia’s first-ever Initial Public Offering (IPO), Ethio telecom announced it had sold just 10.7...
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