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...

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...

Teddy Afro’s Associates Arrested, Studio Raided After Etorika Album Breaks Records: What We Know

Ethiopia's most celebrated musician, Tewodros Kassahun — known worldwide as Teddy Afro — is at the centre of...

Made in Ethiopia Earns Emmy Nomination, Spotlighting China’s Industrial Footprint Through Women’s Stories

Addis Ababa, Ethiopia — The documentary Made in Ethiopia has been nominated for an Emmy Award in the...
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Ethiopian Airlines to Launch Direct Flights to Hanoi, Vietnam

Ethiopian Airlines has officially announced the launch of four weekly flights to Hanoi, the capital city of Vietnam, set to begin on July 10,...

Feres Increases Fare by 30 Birr Following Ride’s Price Adjustment

Feres, a major ride-hailing service in Ethiopia, has raised its base fare from 100 birr to 130 birr, implementing a 30 birr price increase...

Moody’s Keeps Ethiopia’s Low Credit Rating—What’s Next for the Economy?

Addis Ababa, March 14, 2025 – Moody’s Ratings has completed its periodic review of Ethiopia’s sovereign credit rating, maintaining its Caa3 foreign currency and...

Ethiopian Airlines Expands VIP Charter Services with New Boeing 737-800 Business Jet

Addis Ababa, Ethiopia – March 17, 2025 – Ethiopian Airlines, Africa’s largest and most successful airline, has taken delivery of its first Boeing 737-800...

5.5-Magnitude Earthquake Strikes Ethiopia’s Afar Region, Tremors Felt in Multiple Cities

A 5.5-magnitude earthquake struck Ethiopia’s Afar region on Sunday, March 7, according to the U.S. Geological Survey (USGS). The earthquake’s epicenter was located approximately...

Ethiopia Unveils $7.8 Billion Mega Airport in Bishoftu: A Game Changer for African Aviation

March 16, 2025 Ethiopia is set to redefine the future of air travel in Africa with its ambitious $7.8 billion Bishoftu Airport Hub. Ethiopian Airlines...
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