By Samuel Abate Addis Ababa will host the fourth Africa Private Sector Forum on...

​ Hibret Insurance Company S.C. has announced a 14.5 percent increase in net profit...

After nearly a decade of discussions, inter-ministerial disagreements and repeated revisions, Ethiopia’s long-awaited draft proclamation to modernise the country’s chamber of commerce framework has entered its final legislative phase. The draft bill is currently with the Office of the Prime Minister, according to sources confirmed by Capital. It seeks to replace Proclamation No. 341/2003, which has governed the representation of Ethiopia’s private sector for more than two decades. Stakeholders and business leaders expect the new law to be approved by the end of 2026. The proposed reform comes as Ethiopia implements a broader macroeconomic reform agenda and prepares businesses to compete under the African Continental Free Trade Area (AfCFTA). Supporters argue that a stronger, unified chamber system is needed to represent the private sector, support trade facilitation and strengthen public-private dialogue. Ethiopia’s organised business representation has undergone major...

Ethiopia is the only African candidate seeking membership in the International Civil Aviation Organization’s...

EIB Global, the financial arm of the European Investment Bank, has signed a €20...

World Polio Day is a moment to celebrate one of the greatest achievements in public health: the dramatic reduction...

A billion-dollar financing announcement can sound like an economic breakthrough. For a country managing competing demands for foreign currency,...

Ethiopia’s newly formed federal government arrives at a moment when public expectations are unusually high. The country has enormous...

The latest diplomatic confrontation involving Ethiopia, Eritrea and Egypt is a warning that the Horn of Africa cannot afford...