Ethiopia’s insurance industry is facing growing pressure from digital newcomers as local insurers struggle with low levels of digitalization, outdated processes and weak customer experience, according to a new study presented by industry leaders.
The research warns that unless Ethiopian insurers move quickly to modernize their systems, they risk losing customers and market relevance to InsurTech firms and other non-traditional entrants that are better equipped to deliver mobile-based services, faster claims handling and more convenient policy management.
The study, titled Digitalization and Customer Loyalty in the Ethiopian Insurance Industry: Analysis of the Antecedents and Moderating Factors, was presented by Yared Mola, CEO of Nyala Insurance and president of the Association of Ethiopian Insurers, at a consultative forum on April 23, 2026.
Yared said the domestic market remains dependent on manual, fragmented and paper-based procedures while the global...
The inaugural China-Africa Entrepreneurs Summit opened on Tuesday at African Union headquarters in Addis Ababa, bringing together political leaders,...
Ethiopia’s long-anticipated accession to the World Trade Organization now appears increasingly inevitable. After years of negotiation, recent efforts signal...
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...
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...
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
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Designed for comfort and style, the apartment offers the perfect blend of privacy, convenience, and luxury, with...
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Title of the EOI:
Procurement of IPhones,...
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...
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,...
Ethiopia’s art scene has entered a new digital era with the inauguration of the country’s first artificial intelligence art exhibition at Artawi Gallery.
The exhibition, titled Tales and Dreams, opened on April 25, 2026 and features works created entirely with AI under the curation of visual artist Mekbib Tadesse. Organizers say the show marks a major cultural moment for Addis...
Ethiopian artist Merid Tafesse is set to showcase a new solo mixed-media exhibition titled “Refraction” at the Alliance Ethio-Française Addis Ababa from April 26 to June 25, 2026.
Curated by Desta Meghoo, the exhibition will run at the Alliance Ethio-Française’s Piassa branch, with free entry for visitors. It will be open Tuesday to Sunday from 12:00 p.m. to 6:00 p.m.
Described...
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...