Ethiopian Electric Power (EEP) has confirmed that it may completely terminate electricity supply agreements with Bitcoin mining operations if the severe drought triggered by the current El Niño weather phenomenon intensifies. The state-owned utility is moving aggressively to safeguard domestic consumption and honor regional bilateral electricity export contracts.
Moges Mekonnen, Communication Director at EEP, told Capital that the utility is actively reassessing its power allocations. "If the intensification of El Niño's impact continues, Ethiopia may reconsider its power sales relationship with data mining operators," Moges stated, emphasizing that the government is prepared to "take measures up to outright termination."
According to EEP Chief Executive Officer Ashebir Balcha, the utility has already drastically scaled back electricity delivered to cryptocurrency mining facilities, cutting supply from 98 percent of contracted capacity down to just 23 percent. The phased reductions...
Addis Ababa is confronting a severe environmental challenge, as recent findings from a historic collaborative study with NASA reveal fine particulate pollution levels well above international health thresholds and black carbon concentrations significantly exceeding those in major U.S. cities.
In this interview with Capital, Associate Professor of Physics at Addis Ababa University and lead Ethiopian collaborator for NASA’s Multi-Angle Imager...
Adolescents in Ethiopia are often overlooked in food systems work, even though they are at a formative age for building lifelong eating habits. A new game-based toolkit, including the card and board game Gursha, aims to change that by turning Ethiopia’s food-based dietary guidelines into something young people choose to engage with, rather than something delivered at them.
Yared Endale,...
Toptable Trading PLC invites qualified, dynamic, and highly motivated candidates to join our growing team for the following positions:
1. Assistant Restaurant Manager
Education: Degree or Diploma in Hotel Management, Hospitality, or a related field. (Food safety or leadership certifications are a plus).
Experience: Min. 4–5 years in hospitality, with at least 2 years in a supervisory or leadership role.
Key Duties: Overseeing...
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 forAfrica. You are therefore requested to direct all queries regarding this EOI to United Nations Economic Commissionfor Africa using the fax number or e-mail address provided below.
Title of the EOI:
Supply of Printing Equipment
Date of...
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:
Supply of Printing...
National Bank of Ethiopia invites interested and eligible bidders for the supply of the following items:
NoItem DescriptionBid Reference No.Bid Closing Date & TimeBid Opening Date & Time Development of a Financial Services Price Comparator ToolNBE/ICB/S/01/2026/27September 24, 2026 at 10:00 A.M.September 24, 2026 at 10:30 A.M.
Background
The National Bank of Ethiopia (NBE), in line with its mandate to safeguard financial stability, promote...
Moscow — Fashion industry leaders, designers, and manufacturing executives from across Africa will gather in the Russian capital later this month for the fourth season of the BRICS+ Fashion Summit, scheduled to take place from September 28 to 30, 2026.
As an accredited BRICS event, the summit has grown into a major international business forum for emerging fashion markets, drawing...
A new book argues that news organizations should enthusiastically adopt AI to improve their journalism. Critics aren’t so sure.
Since it was first published, in 2001, The Elements of Journalism, by Tom Rosenstiel and Bill Kovach, has schooled fledgling reporters in their craft by advocating that journalists adhere to a series of core principles—including that journalism’s first obligation is 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...