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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Addis Ababa City Administration Introduces New System for VAT Taxpayers to File Monthly Returns

The Addis Ababa City Administration Revenue Bureau has announced the introduction of a new system for over 62,000 VAT taxpayers, designed to enhance VAT...

Ethiopia’s Bitcoin Mining Boom: The Cheapest in the World, But at What Cost?

Key Findings Mining 1 Bitcoin in Ethiopia costs approximately $1,986, making it one of the most profitable locations for Bitcoin mining. Ethiopia ranks 2nd globally in...

There Are 616 Ethiopian Restaurants in the U.S : A State-by-State Breakdown

Ethiopian cuisine has firmly established its presence in the United States over the past few decades. Known for its flavorful wot (stews) served atop...

National Bank of Ethiopia Announces Exchange Rate of 135 Birr per USD Following Special ForEx Auction

Addis Ababa, Ethiopia – The National Bank of Ethiopia (NBE) has announced that the average exchange rate for the US dollar reached 135.6185 Birr...

Ethiopia Nears Final Negotiations for WTO Membership

Addis Ababa, Ethiopia – Ethiopia is set to engage in a critical round of negotiations by the end of February or early March as...

National Bank of Ethiopia to Conduct $60 Million Foreign Exchange Auction

Addis Ababa, Ethiopia – February 24, 2025 – The National Bank of Ethiopia (NBE) has announced that it will conduct a Special Foreign Exchange...
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