Ethiopia's downstream petroleum industry is entering one of its most significant periods of transformation in decades following OLA Energy Group's agreement to acquire TotalEnergies Marketing Ethiopia. The transaction not only reshapes the competitive landscape of the country's fuel retail business but also marks the end of one of the longest-running international corporate legacies in Ethiopia.
The acquisition positions OLA Energy as the largest foreign-owned fuel retailer in Ethiopia, dramatically expanding its nationwide footprint and reinforcing its ambition to become one of Africa's leading downstream energy companies.
Once the transaction receives regulatory approval from Ethiopian authorities, OLA Energy will take ownership of TotalEnergies Marketing Ethiopia's downstream operations, including more than 120 strategically located service stations, fuel storage facilities, logistics infrastructure, aviation fuel operations, lubricant business, and an extensive network of non-fuel retail services.
The agreement represents far more...
Curtis Ma explains how STAR.VISION is working with African partners to advance satellite innovation, talent development, and digital transformation.
Space technology is increasingly becoming a catalyst for Africa's development, with applications spanning agriculture, disaster management, environmental monitoring, and digital connectivity. As governments and private sector players invest in space-based solutions, global partnerships are playing an important role in expanding the...
Following Ethiopia’s historic decision in 2024 to ban the import of internal combustion engine (ICE) passenger vehicles, the domestic transport and logistics sectors have been forced into a rapid and mandatory transformation. While many traditional industry players viewed the sudden shift to electric mobility with concern, forward-thinking entrepreneurs saw it as a major and timely opportunity.
At the forefront of...
Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in an Invitation to Bid (LITB-2026-9204770) 🙂 for the Procurement of Tablets and Laptops.
Details of the requirements for this bid and eligibility criteria etc. can be found in the bid document.
Interested and eligible bidders from local companies can get the bid document in the
Link:
https://tender.2merkato.com/tenders/6a43acea0a538ac13a000001
Any query or clarification regarding...
The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Suppliers to participate in the following tender:
SN Tender SubjectClosing Date 1INVITATION TO BID (ITB) UNHCR ITB 3153 Supply and Delivery of Essential Medicines, Medical Supplies, and Medical & Laboratory Equipment for the UNHCR Ethiopia Operation ...
This notice is placed by UNECA. The accuracy, reliability and completeness of the contents of furnished information is the responsibility of United Nations Economic Commission for Africa. You are therefore requested to direct all queries regarding this EOI to United Nations Economic Commission
for Africa using the fax number or e-mail address provided below.
Title of the EOI:
The provision of comprehensive...
IC - Individual contractor
Brief Consultancy/Job PostContract TypeProcurement Ref. No.Web-link to download Proposal Submission Submission deadline1PRC0182530 - IC-National Consultant to Conduct Mid-Term Evaluation of Strengthening Ethiopia's Elections for Democracy Sustainability (SEEDS 2)ICUNDP-ETH-00752https://procurement-notices.undp.org/view_negotiation.cfm?nego_id=47191&_gl=1*vmup9z*_ga*MTg0MzU5NTIzNy4xNzIzNzMwNDg0*_ga_PBF14M9C6G*czE3ODMwNTg1NTYkbzQzJGcxJHQxNzgzMDU4NjI4JGo0OCRsMCRoMA. OR https://www.unjobnet.org/jobs/detail/undp-recruitment-of-national-individual-consultant-midterm-evaluation-of-seeds-2-87188023 16-July-26
Important information
The use of UNDP’s name and logo without UNDP consent is inappropriate. UNDP strongly recommends that people who receive solicitations to apply for positions...
As Artificial Intelligence (AI) continues to rapidly reshape creative industries worldwide, Ethiopian stakeholders have begun taking proactive steps to understand how this technological transformation intersects with the nation's rich cultural and artistic heritage.
The significance of this issue was highlighted on July 2,2026 , when the Ethiopian Academy of Sciences hosted a high-level panel discussion at the Ethiopian Heritage Authority...
Sunday Morning, also known in French as Dimanche matin, a vibrant 3D animated project created by Minasie Terefe and produced by Behagerlij Studio, has been awarded the prestigious AGrAF -Association des Auteurs de Groupements de l’Animation Française- prize for Best TV Series or Special at the 2026 Annecy International Animation Film Festival in France.
This victory took place during the...
By Amanuel Tadesse
The global development finance architecture is undergoing a profound transformation. As developing countries seek greater access to...
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...
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...