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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Kenya Poised to Surpass Ethiopia as East Africa’s Largest Economy in 2025

April 23, 2025 | Africa Economics Desk Kenya is on track to overtake Ethiopia as East Africa’s largest economy this year, according to projections from...

Boeing Expands African Presence with New Office in Addis Ababa

Addis Ababa, Ethiopia – April 23, 2025 – In a move underscoring its long-term commitment to the African aviation industry, Boeing has officially opened...

Ethiopian Airlines Doubles Weekly Flights to Lagos, Nigeria

Addis Ababa, April 21, 2025 — Ethiopian Airlines has announced a major expansion in its flight services to Lagos, Nigeria. Beginning June, 2025, the...

Ethiopis Tafara Appointed as World Bank’s IFC Vice President for Africa

April 1, 2025 — Ethiopis Tafara has officially assumed his new position as Vice President for Africa at the International Finance Corporation (IFC), part...

Ethiopian Airlines Commits 30 Billion Birr to Launch Phase of New Mega-Airport Near Bishoftu

Ethiopian Airlines has allocated a substantial 30 billion birr to begin preparatory works on its ambitious new airport and aviation hub near Bishoftu, located...

Foreign Exchange Auction Sets Average Rate at 131.49 Birr per Dollar, Says National Bank of Ethiopia

The National Bank of Ethiopia (NBE) has officially released the outcomes of its most recent foreign exchange auction, which took place today, offering a...
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