Sunday, May 3, 2026
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FAFLA launches in Addis...

Africa’s freight and logistics sector has taken a major institutional step toward continental leadership...

Africa‑France relations take new...

Africa and France are set to redefine their long‑standing relationship at a major summit...

AICC approves 7.5 billion birr expansion despite initial loss

The Addis International Convention Center (AICC) Share Company has approved a second‑phase expansion project worth 7.537 billion birr, doubling down on its ambitions despite registering a 150.4 million birr net loss in its first year of operation. The decision comes less than a year after the institution inaugurated its first phase in February 2025, following a 5.9 billion birr investment in modern exhibition halls and convention infrastructure. While the initial phase has been completed, AICC says it is still in a “pre‑profit” stage, grappling with the high setup costs and low utilization typical of large capital‑intensive projects in the global Meetings, Incentives, Conferences, and Exhibitions (MICE) sector. The new expansion plan is designed to strengthen Addis Ababa’s positioning as Africa’s diplomatic and commercial hub, enabling the city to compete more effectively with regional convention centers in...

Africa’s aviation moment: IATA...

Airlines, airports, and African governments gathered in Addis Ababa this week under a clear...

Aqua for All urges...

As Ethiopia races to close widening gaps in water, sanitation, and hygiene infrastructure, the...
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Africa Puts Climate Delivery, Water Security...

Africa’s climate and development debate is shifting from promises to delivery, with leaders at the 12th African Regional Forum...

Africa Air Cargo Beats Broader Downturn...

African airlines defied the global downturn in air cargo, recording the strongest growth of any region in March 2026...

Aviation as...

Addis Ababa was last week at the center of a continental transformation. As the host of the International Air...

Why the...

The EU–Ethiopia Business Forum arrives at an important moment for Ethiopia’s economy. After years of uncertainty, reform fatigue and...

Sub-Saharan Africa...

Sub-Saharan Africa is entering a harder economic era. After a relatively strong 2025, the region is now facing the...

Ambassador Konjit...

The passing of Ambassador Konjit Sinegiorgis marks the end of an era in Ethiopian diplomacy, an era defined not...
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“Country Ownership Begins with Women’s Leadership”

In Ethiopia’s ongoing effort to strengthen its health system, the conversation is shifting from policy frameworks to practical ownership, from expansion to equity. Dr. Tsion Terefe Abeme, Program Development Manager at Orbis International, reflects on what it takes to translate ambition into sustained results. In this wide-ranging interview with Capital, she discusses the meaning of genuine country ownership, the...

Poland eyes IT, agriculture and minerals in expanding Ethiopian partnerships

Andrzej Dycha, Chairman of Poland's Investment and Trade Agency (PAIH), tells Capital’s Groum Abate that Ethiopia's market size, economic opening and direct flight links make it a prime target for Polish firms—especially in IT, dairy processing and critical minerals—as bilateral trade remains below €50 million annually. Excerpts: Capital: How do you evaluate the current business situation in Poland and Ethiopia? Andrzej...
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Penthouse Apartment for Rent – Prime Bole Location

Experience elevated living in this stunning penthouse apartment located on the 11th floor of City Plaza, Bole Road—one of Addis Ababa’s most vibrant and sought-after areas. This spacious and fully furnished residence features: 5 large bedrooms Modern, fully equipped kitchen Elegant living and dining spaces Panoramic city views Designed for comfort and style, the apartment offers the perfect blend of privacy, convenience, and luxury, with...

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: Procurement of IPhones,...

INVITATION TO BID

SALE OF OBSOLETE FURNITURE AND SCRAP. R EF# P RO3 2 - 3 - 7 50- P M U/2 6 - 4 - 1 The United Nations Economic Commission for Africa (UNECA) invites interested bidders to participate in a closed bid exercise for the sale of obsolete furniture and scrap. The bid items are to be sold “as is, where is” without...

Invitation For Bid

The International Rescue Committee (IRC) is one of the world’s leading humanitarian and development organizations, operating in over 40 countries to deliver relief, rehabilitation, and post-crisis recovery services. Since initiating operations in Ethiopia in 2000 in response to severe drought, the IRC has implemented integrated emergency and development programs across six regions of Ethiopia. Its programming spans health, water and sanitation,...

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“Stories That Matter”: Addis International Film Festival marks 20th Anniversary

The 20th edition of the Addis International Film Festival (AIFF) is set to mark a milestone for African documentary cinema, reaffirming the Ethiopian capital as a hub for human‑rights storytelling and independent filmmaking. The 20th Addis International Film Festival will run from April 29 to May 3, 2026, in Addis Ababa, hosted by Initiative Africa at multiple cultural venues across...

Diplomatic photo exhibition opens in Addis Ababa to support Ethiopian talent

A diplomatic photography exhibition titled “Africa through the Eyes of Diplomats: Africa Close to Your Heart” opened on Wednesday at the Hyatt Regency Addis Ababa, showcasing intimate images captured by over 28 ambassadors and international organization representatives during their travels across the continent. second edition of visual art project brings together the diplomatic community to share personal perspectives on Africa’s...
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Development And The Sakai...

Development discourse in the twenty-first century often sounds highly technical. It is filled with terms such as “GDP growth,”...

The political economy of...

Landslide electoral victories are often interpreted as unequivocal mandates, signaling overwhelming public support for a political leader or party....

Will Dubai Be the...

Dubai has always sold itself on a simple but powerful promise which is stability in an unstable region. It...

Most Popular Sports in...

When exploring the identity of a country, sport often reveals as much as history or culture. This is certainly...

Dire Dawa hosts national...

Ethiopia’s annual National Pétanque Championship concluded this week in Dire Dawa, with a team from Addis Ababa claiming the...

Great Ethiopian Run donates...

Great Ethiopian Run has officially handed over 4 million Birr to selected charitable organizations during a ceremony held at...

Slot Relief During the...

How regulators can make fair, consistent decisions when war and fuel shortages disrupt normal flight operations An airport slot is...

The Djibouti-Ethiopia corridor powering...

More than 95% of Ethiopia's imports and exports travel along a single corridor linking Addis Ababa to the Port...

True financial inclusion requires...

In Ethiopia, approximately more than 87% of the population lacks access to formal credit. For a young entrepreneur in...

From bombs to banks:...

The landscape of global conflict is rapidly evolving, particularly since the end of the Cold War. Events like the...

THE BACKDROP TO CHOKEPOINT...

What began as a pressure campaign against Iran has evolved into a high-risk gamble for the global economy. The...

Ethiopia’s public debt needs...

Ethiopia has been rebuked by the financial world for missing payments of interest totaling US$99 million and redemption of...

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...