Salam Ethiopia has officially launched the "Strengthening Intellectual Property Rights in the Ethiopian Arts...

Ovid Group has announced a significant agreement to construct and deliver 5,000 homes over...

The well-known worldwide brewer Heineken has reached an agreement to acquire the ownership of the relatively new but well-liked spirits brand Arada, produced by Komari Beverage, Capital has learned. According to sources, the firm that was founded by Ethiopian businesspeople who wanted to create an Ethiopian beverage brand has decided to sell the beverage company for an undisclosed sum of money. The deal according to our sources was concluded last week and will be officially announced in the presence of a regional director of Heineken in the next couple of weeks. Arada has quickly made a name for itself in a market that is often dominated by beer and spirits. Komari Beverage operates in a market where established rivals have a dominant position; nonetheless, Arada has effectively assimilated into the community in less than three years. The agreement with...

As migration from African countries to Europe continues to surge, Claver Gatete, United Nations...

Local logistics firms voiced their need for the government to implement various incentive programs...

Détente is a French word that roughly translates to ‘relaxation’. It is used to denote the easing of strained...

Ethiopia is now a land where fear is currency and silence is the anthem. In an environment where dissent...

Ethiopia stands at a critical juncture as it considers implementing sweeping economic reforms similar to those that have recently...

As the International Monetary Fund (IMF) recently approved billions in extended credit facility for Ethiopia, the country faces a...

In alignment with the African Union’s Agenda 2063, the Africa Creatives Alliance (ACA) has emerged as a transformative force for the continent's cultural and creative sectors. Officially launched at the inaugural Africa Urban Forum in Ethiopia, the ACA aims to harness Africa's immense creative potential to drive socio-economic growth and innovation. As the Founding Director, Rita Ngenzi, discuss the ACA's roadmap and initiatives with Capital as she emphasizes the critical need for a coordinated effort to build robust Cultural and Creative Industries (CCI) ecosystems across Africa. In this in-depth interview, we explore the vision behind the ACA, its strategic pillars, and how it plans to empower young creatives while addressing existing challenges within the sector. Excerpts; Capital: Can you elaborate on the vision behind the Africa Creatives Alliance and what inspired its formation? Rita Ngenzi: By 2050, one in four people on the planet will be African, and the continent...

In this exclusive interview, we sit down with Tewodros Tamrat Eshete, the Managing Partner of AFRI Aviation and a prominent figure in aviation law and industry analysis. With over 35 years of experience in the aviation sector, Tewodros has played a pivotal role in shaping policies and regulations that impact the industry across Africa. His extensive background includes significant positions with the African Airlines Association (AFRAA), where he served as Director of Government, Corporate, and Industry Affairs, and later as Acting Secretary General. As Ethiopia opens its domestic aviation market to foreign investors, we delve into the implications of this landmark decision for the country's aviation industry. Tewodros shares insights on the potential benefits and challenges of increased foreign investment, the importance of regulatory harmonization, and the critical need for legal expertise in navigating this evolving landscape. Join us as we explore Tewodros's perspectives on the future of Ethiopian aviation,...