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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Aman Fissehazion, Founder and CEO of EBS Television, Passes Away

Addis Ababa — Aman Fissehazion, the Founder and Chief Executive Officer of EBS Television, has passed away. The prominent media entrepreneur had been receiving medical...

Ethiopian Airlines Group posts $4.4 billion revenue in first half of FY2025/26

Ethiopian Airlines Group reported $4.4 billion in revenue during the first six months of the 2025/26 fiscal year, surpassing its internal target by 2...

PM Abiy Ahmed Inaugurates Logo Lake Resort, Signaling Push to Expand Regional Tourism Infrastructure

ADDIS ABABA — Prime Minister Abiy Ahmed on Friday inaugurated Logo Lake Resort, a large-scale hospitality development in the Lake City area of the...

Ethiopian AI Scientist Appointed to UN’s First Global Scientific Panel on Artificial Intelligence

The United Nations has moved to appoint Ethiopian artificial intelligence expert Girmaw Abebe Tadesse to its newly created Independent International Scientific Panel on Artificial...

Girma Wake Emerges as Possible Successor as Uganda Airlines Prepares CEO Transition

Uganda Airlines is preparing for a major leadership transition following the impending departure of its Chief Executive Officer, Jenifer Bamuturaki, as investigations intensify into...

NBE Sells USD 70 Million at 155.05 Birr as 8 Banks Win FX Auction

Addis Ababa, January 26, 2018 (FMC) — The National Bank of Ethiopia has released the official results of its latest foreign exchange auction, held...
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