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...
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,...
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,...
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...
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...
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...
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...
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...
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...
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...