Thursday, March 5, 2026
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Capital News

AFG Aviation to Expand...

AFG Aviation (AFG Aviation Ireland Limited) has announced its decision to significantly increase its...
Capital News

Ethio Telecom Launches teleStream,...

Ethio Telecom has officially launched teleStream, a next-generation digital service set to transform Ethiopia’s...
News

NBE to Launch Interdealer FX Platform, Ease Export Surrender Rules Under Reform Drive

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As part of its ongoing macroeconomic and foreign exchange reforms, the National Bank of Ethiopia (NBE) plans to establish an interdealer trading platform and relax surrender requirements for commodity exporters by the end of the current fiscal year. The interbank foreign exchange market was officially launched on January 28 through a technology-backed system operating on the trading infrastructure of the Ethiopian Securities Exchange (ESX), which features a dedicated FX segment. While the platform is designed to ensure transparency, competitive pricing, and real-time execution, its performance so far remains unclear. Building on this launch, the central bank is preparing a roadmap to deepen the interbank FX market. According to commitments made to development partners, the roadmap will include the creation of an interdealer trading platform—an electronic system enabling anonymous, real-time trading among major financial institutions. This initiative is...
Capital News

TDB Warning: Non-Tariff Barriers...

Top financial institutions and business leaders meeting in Addis Ababa warned that for the...
Capital News

License-to-Smuggle Scheme Threatens Economy,...

Senior Ethiopian officials have issued a grave warning over the rise of what they...
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Capital News

Ethiopia Finalizes Landmark Child Law Outlawing...

The Ministry of Women and Social Affairs (MOWSA) has announced the completion of the draft Integrated Child Law, a...
Capital News

IMF Hunts for New Africa Chief...

The International Monetary Fund (IMF) has formally opened the selection process for a new director of its African Department...
Editorial

When an...

With less than three months to go until the June 1, 2026 election, Ethiopia is entering a critical window....
Editorial

Turkey in...

President Recep Tayyip Erdoğan’s recent visit to Ethiopia marks more than a routine diplomatic engagement. It signals a carefully...
Editorial

Editorial |...

Foreign Exchange Reform: Necessary Medicine or Premature Exposure? The National Bank of Ethiopia’s sweeping amendments to the foreign exchange regime...
Editorial

Africa Beware:...

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

NBE’s Second-Generation Forex Reforms: Opportunity or Overreach?

Since the introduction of macroeconomic reform on July 29, 2024, the National Bank of Ethiopia (NBE) has rolled out a series of sweeping changes. Most notably, on February 11, the NBE took a bold step by easing foreign exchange directives, granting banks a more prominent role in forex management. To assess the significance — and the risks —of these reforms,...
Interview

Unlocking Ethiopia’s Capital Market: Governance, Trust and the Road to Sustainable Growth

As Ethiopia stands on the threshold of a historic economic transformation with the launch of its first-ever capital market, attention is turning to the professionals tasked with shaping its foundation. In an exclusive interview with Capital, Million Kibret, Managing Partner at BDO Ethiopia, shares insights into the opportunities, challenges, and critical prerequisites for building a vibrant, transparent, and trustworthy...
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Vacancy & Bid

United Nations Economic Commission for Africa

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...
Vacancy & Bid

Request for Quotation (RFQ)

UNITED NATIONS DEVELOPMET PROGRAMME (UNDP) No.PostCONTRACT TYPEPROCUREMENT REF. NO. Brief Job/Consultancy Description & Web-link for detailed advertSubmission deadline1RFQ-National (Local) Firm for the Supply of Diesel Generator and Submersible PumpRFQ      UNDP-ETH-00667,1  https://procurement-notices.undp.org/view_negotiation.cfm?nego_id=43186&_gl=1*186ciu8*_ga*MTg0MzU5NTIzNy4xNzIzNzMwNDg0*_ga_PBF14M9C6G*czE3NzIwODU3NDIkbzE3JGcxJHQxNzcyMDg4Mjc3JGo2MCRsMCRoMA.. Or Procurement Notices - UNDP-ETH-00667,1 - RFQ-Local Firm for the Supply of Diesel Generator and Submersible Pump    04 March 2026. Important information on UNDP employment modalities The use...
Vacancy & Bid

Somali Regional Educational Bureau

Invitation for National Competitive Bid S/NDescriptionBid. Ref. NoBid Type1Procurement of Printing, Translation and Validation NSLT BooksSREB/NCB/CO9/2018National Competitive Bid The Bid Document shall be obtained from the Somali Regional Education Bureau; Procurement & Logistics Directorate against payment of a nonrefundable fee of Birr: 500.00 (Five Hundred Birr Only) which shall be paid in ‘’Somali Regional State Education Bureau Finance Office’’. The bid Document...
Vacancy & Bid

Re-Invitation to Bid

Issue Date: March 01, 2026                                                         Questions Due: March 02 to 12, 2026 Answer for all Questions due: March12, 2026 All Proposals Due: March 13, 2026       RFQ Number: IIRR-MaYEA-26-001 RFQ: Provision for the Supply of the Following Item and Service: Vehicle Rent (Mark 2 HARDTOP) International Institute of Rural Reconstruction (IIRR-Ethiopia) is hereby seeking potential Vendors for the supply of the above-mentioned service that will be used...
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Arts and Culture

Yekatit 12: The Unforgettable and Unrecognized Massacre of Ethiopians

In the shadow of a history often whispered but seldom reckoned with, a new international initiative is working to ensure the world never forgets the blood spilled on the streets of the capital 89 years ago. Family members and descendants of the victims are raising their voices, demanding that this history be openly acknowledged and that the fallen receive the...
Arts and Culture

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...
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Business & Economy

The Napkin Curve and...

Few images in modern economics are as simple—or as seductive—as the napkin curve. Sketched quickly, often on a literal...
Business & Economy

Ethiopia’s Next Opportunity: Building...

In recent years, the role of government in improving the urban environment across Ethiopia has been both visible and...
Business & Economy

The Politics of Performance...

Economic development has never been a purely technocratic exercise. While it is often framed in the language of growth...
Sports

Yohannes Names Backroom Staff...

Yohannes Sahle, who was recently reinstated as the head coach of the Ethiopian national men football team, has officially...
Sports

Athlete Diribe Welteji Banned...

Diribe Welteji, the brilliant Ethiopian athlete who won the silver medal in the 1,500 meters at the 2023 World...
Sports

Run Confident, Live Smart:...

Registration has officially opened for the 2026 Safaricom Women First 5km, set for Sunday, March 22. The 23rd edition...
Opinion

Invisible Hands: The Art...

 “Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of motives, will somehow work for...
Opinion

No More Midnight Transactions:...

I remember sitting in my office in 2019 with a foreign investor in floriculture who was ready to invest...
Opinion

Shaping a Human-Centric Future...

At a defining moment in human history, the world gathered at the AI Impact Summit 2026 in New Delhi....
Society

GERD: Africa’s energy Project...

The Grand Ethiopian Renaissance Dam (GERD) has reached a new pinnacle of international recognition, officially being named the "Industrial...
Society

Powering Africa: Ethiopia’s Centrality...

As Africa navigates the complexities of the 21st century, the African Union’s Agenda 2063 stands as the definitive blueprint...
Society

The Absurdity of Premium...

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