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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Awash Bank Secures Over $498 Million in Foreign Exchange for Over 2,200 Customers

Awash Bank Secures Over $498 Million in Foreign Exchange for Over 2,200 Customers Amid Ethiopia’s Currency Challenges Addis Ababa, March 27, 2017 (FM C) —...

Ethiopia Secures Debt Restructuring Deal, Extends Payment Deadlines

Ethiopia’s official creditors are nearing the completion of a debt restructuring agreement that will extend payment deadlines, but will not involve any reduction of...

Commercial Bank of Ethiopia Disburses $122.5 Million to Customers to Support Import Trade

Addis Ababa, March 26, 2017 – The Commercial Bank of Ethiopia (CBE) has announced the disbursement of $122.5 million in foreign exchange to its...

The 2025 Billionaires Breakdown: Tech Titans, Finance Moguls, and the Sectors Shaping Global Wealth

The 2025 Forbes World’s Billionaires List, published on April 1, 2025, provides a comprehensive overview of global wealth, identifying 3,028 billionaires with a collective...

Ethiopian Airlines Expands Global Reach with the Launch of Macao Cargo Route

Ethiopian Airlines, Africa’s leading airline and a key player in global air transportation, has announced the launch of its new cargo route to Macao....

Chapa Enabled Millions of Ethiopians to pay and receive their National ID seamlessly in less than a year.

Addis Ababa, Ethiopia – April 3, 2025 Ethiopian fintech company Chapa partnered with the Ethiopian Postal Service and the National ID (Fayda) platform, marking a...
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