Monday, February 16, 2026
Zemen Bank
wegagen capital updated
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Global race heats up...

Competition is intensifying for Ethiopia’s planned mega-airport in Bishoftu, as Ethiopian Airlines confirmed that...

Ethiopia’s Forex Reform Draws...

Ethiopia’s sweeping overhaul of its foreign exchange regime has been welcomed with cautious optimism...

First International Institution Applies for Investment License in Ethiopia

In a landmark development for Ethiopia’s financial sector, the Ethiopian Capital Market Authority (ECMA) has announced that the first international institution has formally submitted an application for a license to operate in the country’s emerging capital market. The move marks a significant milestone in Ethiopia’s efforts to liberalize its financial system, attract foreign investment, and modernize capital market infrastructure. Hana Tehelku, Director General of ECMA, told Capital that although several international firms have expressed interest, one major institution has now completed the preliminary requirements and formally lodged its application. “We have received the first official application from an international institution and completed the initial documentation process,” Hana said. The name of the company has not yet been disclosed. She described the development as a strong signal of growing international confidence in Ethiopia’s ongoing economic reforms and in the...

Second Italy-Africa Summit held...

The Second Italy–Africa Summit convened in Addis Ababa on Friday, marking a pivotal moment...

The Continental Strategy Shifts...

The African Union delegation turned the continent's development trajectory towards a silicon (technology) and...
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Addis Ababa Emerges as the Frontier...

On the eve of the 39th African Union (AU) Summit, Kenya officially launched two innovative digital trade platforms—BiasharaLink and...

Ethiopia Identified as Primary Beneficiary of...

It has been announced that Ethiopia is set to play a pivotal role within the new South-South cooperation framework....

Africa Beware:...

The continent that gave rise to humanity, endured the horrors of the transatlantic slave trade, and survived centuries of...

We are...

We are tired of the endless headlines that bring new deaths, the names of the fallen read out like...

The “Board...

In a lavish ceremony at Davos on 22 January 2026, President Donald Trump unveiled his "Board of Peace" —...

The Digital...

The digital world beckons today’s youth with an irresistible glow — endless streams of likes, viral challenges, and instant...
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All-Weather Friendship

As Beijing deepens its diplomatic and economic engagement with Africa, veteran diplomat Liu Xianfa has been appointed the Special Representative of the Chinese Government on African Affairs—a post reflecting China’s growing strategic focus on the continent. In an exclusive interview with Capital, Liu outlines the vision behind President Xi Jinping’s 14 consecutive congratulatory messages to the African Union Summit,...

Editorial | Capital

Foreign Exchange Reform: Necessary Medicine or Premature Exposure? The National Bank of Ethiopia’s sweeping amendments to the foreign exchange regime mark one of the most consequential policy shifts in recent years. The reform broadens foreign currency retention for exporters and service providers, eases repatriation rules for investors, and grants banks and forex bureaus greater operational flexibility. It is, without question,...
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Request for Expression of Interest for Potential Suppliers

FOR The Supply of digital measurement of fuel in static tankers WFP Ethiopia Office in Addis Ababa CLOSING DATE FOR SUBMISSION OF EOI: 28 February 2026, 12:00 hrs REFERENCE: EOI-001-2026 The United Nations World Food Programme (WFP) in Ethiopia is seeking formal Expressions of Interest (EOI) from well-established and fully qualified service providers. Introduction WFP Ethiopia Country Office (ETCO) has a fleet of more...

Client: SRS Urban Development and Construction Bureau (SRS UDCB)

Project Names: DEGAHBUR And KEBRIDAHAR Zonal Prisons and Site Work Package Information FieldDetailsInvitation DateFeb16, 2026Procurement Reference NoProcurement CategoryWorksMarket TypeNationalProcurement MethodOpenProcuring EntitySRS Urban Development and Construction Bureau  AddressEthiopiaTownJigjigaTelephone Lot Information FieldDetailsObject of ProcurementDegahbur and kebridahar  Zonal prison and Site WorkDescription Clarification Request DeadlineFeb 23, 2026, 5:00 PMPre-Bid Conference ScheduleNot ApplicableSite Visit ScheduleNot ApplicableBid Submission DeadlineMarch,2 ,2026, 9:00 AMBid Opening ScheduleMarch 2, 2026, 11:00 AMFunding SourceTreasuryGoverning...

*Investment Opportunity – Beer Garden Inn hotel & apartments*

The founder of Beer Garden Inn hotel & apartments is offering his entire 25% equity stake for sale as part of his planned retirement. This presents a rare opportunity to acquire a substantial shareholding in one of Ethiopia’s well-established and reputable hospitality businesses. The shares are available in foreign currency (EUR/USD). The seller will be in Ethiopia from 24–27 February...

External Vacancy Announcement

Awash Bank invites competent and qualified candidates for the following positions.                       1.Director – New Head Quarter Building Project Management Directorate        (Re-advertised)                                          BSc Degree in Civil Engineering/ Construction Projects Management field plus a minimum of twelve (12) years in relevant experience with at least three (3) years in a managerial role. A Master’s Degree is preferredProficiency in project management, with...

Midday Break

Hidden Corners

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Swdegef Book concept evolving into a global movement for prosperity

The Swdegef (ሰዉ ደግፍ) book, authored by Eng. Banteyihun Tezazu and launched three months ago, is rapidly transforming from a literary work into a large-scale international socio-economic movement. During a high-profile gathering at Abrehot Library, university presidents, ministry representatives, and distinguished scholars from across Ethiopia convened to witness the unveiling of the LEAP program—a strategic framework designed to translate the...

Fela Kuti becomes first African to get Grammys Lifetime Achievement Award

Recognition of late Afrobeat pioneer and political radical is the ‘anti-establishment being recognised by the establishment’. Three decades after his death, the “father of Afrobeat” Fela Kuti has made history by becoming the first African to get a Lifetime Achievement Award at the Grammys. The Nigerian musician, who died in 1997, posthumously received the commendation along with several other artists at...
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Emphatic Lying In Economic...

Modern economic reporting is often accused of sensationalism, but the problem no longer originates only in newsrooms. Increasingly, the...

When Progress Pushes Small...

In cities across the world, there’s a familiar narrative unfolding: beloved corner shops, family-run cafes, and long-standing local boutiques...

The Prosperity Gospel And...

Across much of the Global South, and increasingly beyond it, the Prosperity Gospel has become one of the most...

UK runners arrive in...

A group of veteran UK runners, most aged over 55, has arrived in Addis Ababa to compete in the...

Is 1Win the best...

1win review 1Win continues to be one of the most sought-after solutions for Ugandan users interested in online betting and...

GameZone News for 2026:...

As the post-holiday slowdown settles and players reassess how they spend their time online, 2026 opens with a noticeable...

Compromise as calculated concessions

Compromise lies at the intersection of ethics, ideas, and reality. It involves the process by which conflicting parties make...

Where remote frontiers bloom...

In the challenging landscape of Ethiopia's South Omo region, where the Omo River nourishes arid plains and meets the...

How USCIS interprets ‘extraordinary...

The EB-1A (Extraordinary Ability) visa is often referred to as a 'top talent' green card, yet successful applications are...

The Absurdity of Premium...

Ethiopian share market is undergoing a profound transformation, by and large, for the better. Hundreds of thousands of equity...

Mapping Ethiopia’s Clean Energy...

As the first light of 2026 breaks over the Ethiopian highlands, it does more than just illuminate a landscape;...

Ethiopia’s Corporate Governance Code...

Ethiopia stands at a crossroads. The Ethiopian Capital Market Authority is building infrastructure for securities trading. Foreign investors are...

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...