Monday, April 6, 2026
Zemen Bank
wegagen capital updated
photo_2024-08-19_15-42-23
capital (550 x 90 px)
IMG_1124
Tesemex For Web.png2

Djibouti prioritises Ethiopian cargo...

The Djibouti Ports and Free Zones Authority (DPFZA) has announced that despite a surge...

iibGroup Receives License from...

Addis Ababa, Ethiopia/Manama, Bahrain, March 27, 2026 – iibGroup has officially opened a Representative Office...

Three tankers unload in Djibouti, but IMF warns the Horn of Africa remains vulnerable to Gulf Turmoil

The International Monetary Fund (IMF) has issued a warning that Eastern African economies remain at significant risk due to their ties to the Gulf, even as three vessels carrying 143,000 metric tons of jet fuel and gasoil have recently docked in Djibouti. In its analysis released earlier this week, the IMF highlighted that nations in the Horn of Africa—Ethiopia included—are grappling with diminished demand for service exports, logistical challenges, and declining remittances, all stemming from their reliance on trade with Gulf countries. The IMF also pointed out that ongoing conflicts could impact the global economy in multiple ways, leading to increased prices and slower growth. Ethiopia is currently facing noticeable oil shortages, with reports indicating a significant decrease in truck movements due to the fuel crisis. Sources informed Capital that the lack of diesel fuel, essential for...

Wingu Africa breaks barriers...

For the past decade, launching a technology-oriented business in Ethiopia has been a challenging...

Transport Minister calls on...

GAC Motor officially entered the Ethiopian market in 2025, launching New Energy Vehicles (NEVs)...
spot_img
spot_img
spot_img

Over 70% of smallholder farmers face...

Smallholder farmers, who are essential to Ethiopian agriculture, are losing over 70 percent of their produce to waste, driven...

Mandatory escrow account system to restore...

For years, Ethiopia's real estate sector—a multi-billion birr industry—has struggled with a lack of trust and inadequate legal frameworks....

WTO Accession:...

Ethiopia’s long-anticipated accession to the World Trade Organization now appears increasingly inevitable. After years of negotiation, recent efforts signal...

Fuel Shortage:...

Consultants like to say: a crisis is just a system revealing itself. Ethiopia’s fuel shortage is doing exactly that. The war...

The Quiet...

Wars have a way of traveling. They begin with missiles and statements, far from home, but they arrive quietly, in...

If Democracy...

A war on Iran, driven primarily by the US and Israel, would expose a deep contradiction: the selective application...
spot_img
spot_img
spot_img
spot_img

Microfinance Must Go Digital or Face Irrelevance

Teshome Kebede, Director of the Association of Ethiopian Microfinance Institutions (AEMFI), warns that the sector stands at a "structural turning point." With foreign banks and fintechs entering Ethiopia’s newly liberalized market, MFIs must embrace digital transformation or risk marginalization. In this exclusive interview ahead of AEMFI’s landmark 26th anniversary conference at UNECA, Teshome outlines the urgent "Next Generation" agenda: financial...

Ethiopian Airlines steadies amid gulf crisis

As geopolitical tensions in the Middle East disrupt global aviation, Ethiopian Airlines finds itself balancing immediate operational shocks with long-term strategic ambitions. In this wide-ranging interview with Capital’s Groum Abate, Group CEO Mesfin Tasew discusses the impact of airspace closures, volatile fuel prices, and aircraft shortages, while outlining the airline’s resilience, expansion plans, and vision for Africa’s largest aviation...
spot_img

INVITATION FOR EXPRESSION OF INTEREST 

FOR PREQUALIFICATION FOR PRE-DELIVERY INSPECTION SERVICES Due date: 29th April 2026 The United Nations Children's Fund (UNICEF) Ethiopia Country Office invites Request for Express of Interest (REoI) for the pre-qualification of bidders for the Pre-Delivery Inspection Service as part of UNICEF-supported programmes and operations in Ethiopia. ELIGIBILITY REQUIREMENTS: This REOI for Prequalification is open to all companies registered and having a valid business...

I N V I T A T I O N   T O   B I D

Sale of unserviceable Laptops, Printers, Digital Senders, Cartridges, Desktops and Monitors REF. PRO32-3-748-PMU/26-4-1 The United Nations Economic Commission for Africa (UNECA) invites interested bidders to participate in a closed bid exercise for the Sale of unserviceable Laptops, Printers, Digital Senders, Cartridges, Desktops and Monitors. The bid is to be sold “as is, where is” without recourse to warranties of any kind. Bid...

Request for Quotation ( RFQ)

Procurement of ICT and Connectivity Equipment UNDP-ETH-00691 Negotiation: UNDP-ETH-00691 The United Nations Development Programme (UNDP), in Ethiopia hereby invites you to submit your proposal to the Request for Quotation  (UNDP-ETH-00691) for the Procurement of ICT and Connectivity Equipment (Laptops; Noise-Canceling Headset; Large Display Screens; Interactive Smart Display -Magic Screen;  HDMI / Display Connectivity System; Network Router; Network Switch; UPS Units /Workstations/; ...

SOMALI REGIONAL EDUCATION BUREAU

Invention for local competitive bidders Somali Regional State Education Bureau invites all interested & eligible bidders for the following 1: Procurement of indoor playing and pre-primary school aged students chairs With ref: SRS/NCB/REB/0026/2018 1. Suppliers must have a valid Trading License Renewed for 2018 EFY, Tax clearance Certificate valid until the date of dead line of bid submission and Vat registration/tin/supply certificate for each lot. Bidders...
spot_img
spot_img
spot_img
spot_img

France honors Ethiopian music legend Girma Beyene with Prestigious Arts and Letters Title

Renowned Ethiopian composer, pianist, and arranger Girma Beyene has been awarded the insignia of Knight of the Order of Arts and Letters (Chevalier dans l’Ordre des Arts et des Lettres) by the French government, in recognition of his outstanding contribution to music and cultural exchange between Ethiopia and France. The distinction, conferred by the French Ministry of Culture, places...

Ethiopian, Nigerian and Moroccan Filmmaker Gets 2025 Hubert Bals Fund Co-Production Support

Ethiopian filmmaker Beza Hailu Lemma‘s The Last Tears of the Deceased, Nigerian filmmaker, Damilola Orimogunje’s Dear Ajayi, and Moroccan filmmaker, Asmae El Moudir’s Don’t Let the Sun Go Up On Me have been selected as part of the recipients of the Hubert Bals Fund (HBF). The HBF is the international co-financing arm of the International Film Festival Rotterdam (IFFR), supporting...
spot_img

Currency Supremacy In An...

The global contest over currency supremacy is often framed as a slow-moving structural shift which is a debate about...

Power, Temptation, and the...

In the upper tiers of corporate leadership, success is often narrated as a linear ascent driven by competence, discipline,...

From Check-Out to Check-In:...

In the global imagination, hotels are symbols of movement, transient spaces where journeys pause briefly before continuing. In Ethiopia,...

Great Ethiopian Run donates...

Great Ethiopian Run has officially handed over 4 million Birr to selected charitable organizations during a ceremony held at...

Cancer survivors celebrated at...

A group of over 50 women who have survived cancer took part in the 2026 Safaricom Women First 5km,...

World Athletics Strips Five...

World Athletics and the Athletics Integrity Unit (AIU) have disqualified five World U20 records previously held by Ethiopian athletes,...

Capital markets will not...

For decades, the architecture of capital formation in Ethiopia has evolved without the presence of formal capital markets. Businesses...

Ballots over Bullets: Why...

At its heart, the story of modern civilization is a story about the triumph of ideas over force. From...

Rejoinder: Language, Identity, and...

Much of the criticism directed at my argument rests on a basic misunderstanding of what is being claimed, and—more...

Hide and seek economics...

Ethiopia's land tenure system has evolved from imperial gult and rist privileges to the 1975 nationalization by the Derg...

Ethiopia’s drive toward fiscal...

The Ethiopian government has embarked on fiscal consolidation effectively since FY2022/23 but more strictly after it embraced the IMF’s...

The Confluence of Geopolitical...

These days, the U.S.-China relationship is characterized by intense rivalry, high-stakes trade disputes and significant interconnected economic ties. These...

MCB grants strategic financing to Invictus Investment to expand...

By our staff reporter The Mauritius Commercial Bank Limited (MCB) has provided a strategic financing package to Invictus Investment Company PLC (ADX: INVICTUS), a prominent agro-food enterprise operating in the Middle East and Africa. The package, structured as an acquisition finance and revolving credit facility, aims to support Invictus Investment’s expansion into new markets and strengthen its working capital position as it scales operations. This financing agreement builds on the existing partnership between MCB and Invictus Investment and underscores a shared commitment to advancing food security...

Wingu Cloud Exchange launch marks a new era for...

By our staff reporter Wingu Africa has launched Wingu Cloud Exchange (WCX), a locally hosted private cloud platform designed for the wider East African region.WCX gives organisations a secure, compliant, cost-effective, and easy-to-use alternative to offshore cloud services. With transparent local-currency pricing, rapid deployment, and instant scalability, it enables businesses to grow workloads without complexity or unpredictable costs. Launching first in Tanzania, the platform will gradually roll out across all Wingu markets, including Ethiopia and Djibouti. WCX includes Wingu Compute, Wingu Kubernetes, Wingu Drive, and Wingu...