Wednesday, September 9, 2026
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Capital News

Ethiopia overhauls 1990s construction...

Ethiopia’s rapidly expanding construction sector has long grappled with critical challenges, including chronic project...
Capital News

Orbix targets 500,000 EV...

Ethiopian Mobility and smart-infrastructure startup Orbix Technologies has officially launched its multi-sector digital platform,...
News

Jemal, Belayneh face legal challenge over Sectoral Associations Council Leadership

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The election of MIDROC Investment Group CEO Jemal Ahmed as President of the National Chamber Sectoral Associations, with Belayneh Kinde as Vice President, has triggered a fierce legal dispute over new eligibility criteria and alleged violations of the law governing chambers of commerce and sectoral associations. The controversy centres on a general assembly held on April 7, 2026, which installed the new leadership under recently issued Ministry of Industry guidelines. The rules require candidates to possess registered capital of at least one billion birr and to manage a minimum of two operational manufacturing plants. Former Vice President and Acting President Abebayehu Girma, joined by Oromia Regional Council representative Woyuma Gemese and other plaintiffs, filed a lawsuit at the Federal First Instance Trade and Investment Court seeking to invalidate the election results. The court, established in 2022...
Capital News

Dangote group outlines Ethiopian...

By our staff reporter Dangote Industries Limited has officially commenced preliminary activities for what is...
Capital News

U.S. DFC targets SME...

The United States and Ethiopia are deepening their commercial aviation partnership, anchored by Washington’s...
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Capital News

Technical skills not enough: African PFM...

Public-sector reform across Africa is rarely held back by a shortage of good ideas. Instead, government officials and international...
Capital News

KEFI suspends Tulu Kapi work until...

London-listed mining company Kefi Gold and Copper has immediately suspended all development activities at its flagship Tulu Kapi gold...
Editorial

From pledges...

Africa does not need another conference that produces a long communiqué and a short list of concrete actions. The...
Editorial

From Pledges...

African leaders have never been short of promises. Every year, health ministers pledge to end preventable child deaths, strengthen primary...
Editorial

Breaking the...

Ray Dalio’s ‘How Countries Go Broke: The Big Cycle’ is not a book about one country, one government or...
Editorial

War in...

The prospect of another war in northern Ethiopia should alarm every Ethiopian, every neighbour and every international partner that...
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Interview

East Africa’s Next Frontier: Islamic Finance and Interest-Free Banking

In an exclusive interview with Capital, Muhammad Zubair Mughal, CEO of the AlHuda Center of Islamic Banking and Economics, outlines why East Africa—particularly Ethiopia, Kenya and Tanzania—could become one of the most dynamic regions for interest-free banking over the next decade. Speaking ahead of growing regulatory and market activity in Ethiopia’s nascent non-interest banking sector, Mughal highlights the region’s combination...
Interview

Insurance reform: Opening a new market

As Ethiopia prepares to overhaul its insurance framework, the sector faces a potentially far-reaching shift in ownership, regulation, licensing and competition. A draft Insurance Proclamation would establish an autonomous insurance regulator, introduce a Policyholders’ Protection Fund, open defined routes for foreign investment and replace composite licences with specialised categories for general, long-term, micro-insurance, inclusive insurance and Takaful operations. The...
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Vacancy & Bid

REQUEST FOR EXPRESSION OF INTEREST (EOI)

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...
Vacancy & Bid

REQUEST FOR EXPRESSION OF INTEREST (EOI)

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...
Vacancy & Bid

INVITATION FOR OPEN BID

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...
Vacancy & Bid

INITIATIVE AFRICA (IA)CALL FOR CONSULTANCY SERVICES

Baseline Study ConsultantCSIF II Consortium-Wide Baseline Study Initiative Africa (IA), together with its consortium partners, invites applications from qualified individual consultants to design, coordinate, analyze and report a consortium-wide baseline study for the project "Advancing Social Cohesion through Indigenous Civic Space in Ethiopia," funded by the Civil Society Innovation Fund II (CSIF II). Scope: The assignment covers 10 implementation locations across...
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Arts and Culture

Reply launches AI Film Festival to connect tech talent with global cinema

Technology consultancy Reply has launched the Reply AI Film Festival, a global competition designed to bridge the gap between artificial intelligence experts and the international film industry by showcasing short films created with AI tools. Now in its 2026 edition, the festival invites AI practitioners, filmmakers and multidisciplinary teams to submit short films that explore how generative models, machine learning...
Arts and Culture

Addis Raw turns Addis Ababa’s architecture into Wearable Art

Bezawit “Beza” Tibebu is reshaping the landscape of contemporary fashion by merging her foundational training in architecture with traditional Ethiopian craftsmanship. Long before establishing the Tibebu Collection, Beza learned to study the built environment, noting spatial rhythms, structural lines and the silent storytelling embedded within architecture. Today, she has shifted her canvas from static buildings to the human body, using...
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Business & Economy

The Shoe Paradox

Business management has an enduring fascination with the idea of fit. We recruit the right person for the right...
Business & Economy

The Beaumont Code and...

In business, success is often measured in figures: profits, growth, market share and shareholder returns. But behind every balance...
Business & Economy

Does the law of...

The promise is irresistible. Think positively, visualise financial success, believe that prosperity is on its way and somehow the...
Sports

Cameroon claim first Wafcon...

Cameroon cruised to a 3-0 victory over tournament debutants Malawi to claim their first ever Women's Africa Cup of...
Sports

Team Amani dominate Tour...

Team Amani capped off a dominant week of racing at the Tour Cycliste International Féminin du Burundi (UCI 2.2)...
Sports

Fifa official sacked after...

Fifa's chief operating officer Kevin Lamour has been sacked by the governing body, less than three weeks after he...
Opinion

China’s economic significance for...

By Ambassador Jiang Feng The Wall Street Journal recently commented that China had supported the global economy by reducing its...
Opinion

“My Ethnicity” or “Our...

Our identities may differ, but our citizenship should unite us. A country is not tested merely by who holds power....
Opinion

When growth is actually...

Why entrepreneurs should distinguish productive expansion from debt-fuelled size “Give me a place to stand, and a lever long enough,...
Society

The Nile Is not...

The Horn of Africa and the Red Sea basin are witnessing a major geopolitical realignment. The issue of maritime...
Society

The quiet scream beneath...

We must acknowledge that human interaction often operates on a surface level—one that is useful precisely because it creates...
Society

Truth has no nationality:...

One of the defining characteristics of a traditional society is its strong attachment to continuity, inherited norms, and established...
AfricaNews

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...
AfricaNews

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...

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