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 Capital Market Authority Grants Securities Investment Advisor License to Ethio Capital Solutions PLC

Addis Ababa, Ethiopia – February 19, 2025 The Ethiopian Capital Market Authority (ECMA) has officially issued a Securities Investment Advisor License to Ethio Capital Solutions...

AliExpress to Expand Local Currency Payments in Ethiopia and Beyond

AliExpress, the global e-commerce platform owned by Alibaba, is set to expand its local currency payment options across several African countries, including Ethiopia, Nigeria,...

Hilton Expands Presence in Ethiopia with DoubleTree Hotels in Adama and Dire Dawa

Hilton is strengthening its footprint in Ethiopia with the signing of a deal with Brighton Hotels and Business Plc. to introduce two new DoubleTree...

Ethiopia Secures $600 Million Investment for Integrated Dairy and Commercial Farming Project

Addis Ababa, Ethiopia – Ethiopian Investment Holdings (EIH), Ethiopian Agricultural Business Corporation (EABC), and Asset Green have entered into a Shareholders Agreement (SHA) to...

Airbus signs Flight Hour Services contract for Ethiopian Airlines’ A350 fleet

Dubai, United Arab Emirates, 17 February 2025 – Airbus has signed a 7-year Flight Hour Services (FHS) contract with Ethiopian Airlines for the comprehensive...

Ethiopia’s Debt Crisis: Why Investors and the IMF Are Clashing

Ethiopia is caught in a financial dispute between international investors and the International Monetary Fund (IMF). At the center of this issue is Ethiopia’s...
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