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 $3 Billion Fertilizer Deal With Dangote to Curb Import Dependence

ADDIS ABABA — Ethiopia is set to sign a $3 billion agreement with Nigerian billionaire Aliko Dangote to construct a large-scale fertilizer plant in...

Ethiopia’s Government Officially Ends Fuel Subsidy: Prices to Follow Global Market Rates

Addis Ababa – June 21, 2025The Ethiopian government has officially announced the complete removal of its fuel subsidy, a policy shift set to recalibrate...

Dashen Bank Unveils Secure Valuable Asset Deposit Service for Individuals and Institutions

Dashen Bank has officially launched a secure valuable asset deposit service, offering its customers the ability to store high-value items—such as securities, gemstones, gold,...

Ethiopia’s Forex Auction Sets Average Exchange Rate at 136.63 Birr/USD

This development comes as part of the central bank’s ongoing managed forex auction system aimed at addressing Ethiopia’s foreign currency shortages while ensuring fair...

Meet Ethiopian-American Dr. Aminé: A Rapper Reimagining Diaspora, Academia, and Home

When Adam Aminé Daniel—better known simply as Aminé—returned to Portland State University this June, he did so not as a student or guest performer,...

National Palace Museum Officially Opens Its Doors to the Public

Addis Ababa — June 17, 2025 The National Palace Museum in Addis Ababa, renovated and inaugurated four months ago, is now officially open to the...
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