Tuesday, January 14, 2025
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Capital News

Bulcha Demeksa, veteran politician...

Bulcha Demeksa, a distinguished veteran politician and prominent figure in Ethiopian opposition politics, passed...
Capital News

Befekadu Degefe, esteemed economist...

Dr. Befekadu Degefe, a founding member and esteemed leader in the field of economics,...
News

New coffee strategy aims to position country as second-largest global coffee exporter by 2033

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The new coffee strategy and roadmap aim to position Ethiopia as the world's second-largest coffee bean exporter within eight years, while also increasing the country’s hard currency revenues by more than six times. Ethiopia, known as the birthplace of coffee and home to over 10,000 distinct varieties, currently earns relatively little from this vital industry, despite coffee being one of the most traded commodities globally. Since coffee was first discovered in the ninth century in Keffa, located in western Ethiopia, it has been marketed internationally and is commonly regarded as the second most traded commodity by volume, following crude oil. The coffee industry supports at least 20% of the Ethiopian population and is a crucial source of hard currency from exports. However, analysts argue that the sector remains underdeveloped, largely due to neglect by the EPRDF administration...
Capital News

Russia pledges ongoing support...

Russia has reaffirmed its commitment to assisting refugees in Ethiopia, pledging ongoing support amid...
Capital News

New Kuriftu Resort and...

The Kuriftu Resort and African Village, touted as the largest resort in the country,...
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Capital News

Fuel subsidies drive price stabilization fund...

The Ethiopian government's fuel subsidies have significantly increased the debt of the Price Stabilization Fund, now totaling 133 billion...
Capital News

Marsa Maroc to Invest in Djibouti’s...

The primary port operator in Morocco, Marsa Maroc, is set to make a significant investment in the petroleum port...
Editorial

Rethinking Economics:...

In contemporary discussions about economics, the dominant narrative is often shaped by neoliberal ideology, which emphasizes individualism and self-interest...
Editorial

Rethinking linear...

In an age defined by rapid change and complex challenges, it seems that humanity has increasingly fallen into the...
Editorial

CRIME EVERYWHERE

In late modernity widespread crimes have become one of the major preoccupations of nation states. To be sure, states...
Editorial

Insecurity crisis...

Ethiopia, once hailed for its remarkable economic growth, now finds itself at a critical juncture where security challenges are...
Interview

Ethiopia’s coffee and drug...

Coffee is one of the most important agricultural products globally and serves as the backbone of Ethiopia's economy. However, the export market is currently experiencing a downward trend that requires urgent attention. This situation has led not only to a loss of revenue but also to a decline in the number of productive farmers. Additionally, issues such as illegal trade and questionable coffee quality further complicate the sector. Coffee marketing, price instability, and limited market access have long been significant bottlenecks for the industry. In an interview with Capital, Cheru Koru, CEO of Market Intelligence at the Ethiopia Coffee and Tea Authority, discussed the increase in coffee production driven by microeconomic transformation and the government's crackdown on illegal trade. Another pressing concern in the country is the illegal distribution of unregulated drugs. While some of these products are produced domestically, insufficient imports mean that over 80 percent of pharmaceutical products must be imported at high prices. The sector has been urged to focus on the fact that it is not being...
Interview

Mycetoma awareness and healthcare...

In Ethiopia, the fight against mycetoma—a neglected tropical disease that poses significant health challenges—has gained momentum, thanks in part to the efforts of dedicated professionals like Wendemagegn Enbiale. As the Dermatovenerologist at Bahir Dar University, Wendemagegn brings over 20 years of experience in health and a deep understanding of public health issues to the forefront of this critical conversation. Mycetoma, often referred to as "Madura foot," primarily affects rural communities engaged in agriculture and livestock herding, leading to chronic deformities and severe socio-economic burdens. In this interview, Wendemagegn discusses the urgent need for increased awareness and better diagnostic facilities for mycetoma, highlighting the barriers faced by patients seeking treatment. He shares insights on the importance of community engagement and collaboration among healthcare providers, policymakers, and researchers to develop effective strategies for addressing this pressing public health issue. Join us as we dig into Wendemagegn Enbiale's perspectives on mycetoma, its impact on Ethiopian society, and the collective efforts required to improve healthcare access for those affected by this debilitating condition. Capital: How common...
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REQUEST FOR PROPOSALS FOR

Vacancy & Bid
CONSTRUCTION OF A DAY CARE CENTER IN ADDIS ABABA LRPS-2024-9195182 Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for Proposal (LRPS) for the CONSTRUCTION OF A DAY CARE CENTER ADDIS ABABA. Interested and eligible bidders can get the bid document with the below link; 2merkato.com - https://tender.2merkato.com/tenders/67768c7f4b3fff782bf271ef Any query or clarification regarding this bid shall be sent through an email to supplyaddisababa@unicef.org before or on 17 January 2025 @11:00AM. There will be a pre-bid meeting on 08 January 2025 @ 2:00 PM. Bid clarifications will be communicated on the same website at 2merkato.com to the public.  While sending your request for clarification, please ensure that you specify the LRPS number in the subject email, and provide the name of your company, contact person, email, and mobile number. The due date for submission of proposals/Bids through dedicated email eth-supplytenderbox@unicef.org is on or before 2:00 PM (East African Time) on 22 January 2025.  Please read the LRPS for detailed requirements and due dates. Please quote the respective LRPS (request for quotation) numbers with the request for the CONSTRUCTION OF A DAY CARE CENTER ADDIS ABABA - LRPS-2024-9195182 SUBMISSION REQUIREMENT submission of bids should be done as per the below requirements. a) Technical bid submission should be with a separate email...

REQUEST FOR PROPOSALS FOR

Vacancy & Bid
Hiring services of an agency Baseline Assessment of Global Partnership for Education (GPE) System Transformation Education Programme (STEP) for Girls and Learning Bid Closing Date: 20 January 2025 @12 noon LRFP-2024-9195181 Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for Proposal (LRFP) for Hiring services of an agency to Baseline Assessment of Global Partnership for Education (GPE) System Transformation Education Programme (STEP) for Girls and Learning Bid Closing Date: 20 January 2025 @12 noon Interested and eligible bidders can get the bid document with the below links; Any query or clarification regarding this bid shall be sent through an email to supplyaddisababa@unicef.org before or on 9 January 2025. While sending your request for clarification, please ensure that you specify the LRFP number in the subject email, and provide the name of your company, contact person, email, and mobile number. The due date for submission of proposals/Bids to the UNICEF Addis Ababa Office is on or before 12 noon (East African Time) on 20 January 2025.  Please read the LRFP for detailed requirements and due dates. Please quote the respective LRFP (request for proposal) numbers with the request for the Hiring services of an agency to conduct G Baseline Assessment of Global Partnership...
In Pictures

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Arts and Culture

Bringing a tyrannical Ethiopian queen and her twins to life

Playwright Banna Desta has brought to life an often-overlooked ancient African civilisation in her latest work - a compelling audio drama about an increasingly tyrannical queen and her scheming twin sons. "As well as wanting the audience to be entertained - because the play is good fun - I wanted to add another dimension to people's understanding of Africa," Desta...
Arts and Culture

Nairobi’s Nuria Books empowers self-published authors and transforms the literary landscape

In a significant shift from his eight-and-a-half-year banking career, Abdullahi Bulle has found his calling at Nuria Books, a thriving bookstore located in Nairobi’s Central Business District. Instead of facilitating financial transactions, Bulle now dedicates his time to guiding aspiring authors and book buyers, many of whom are purchasing books online for the first time. At Nuria Books, Bulle assists...
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Business & Economy

Making Business Difficult While...

Running a business is a challenging endeavour, requiring resilience, innovation, and meticulous financial management. However, in many countries, businesses...
Business & Economy

The Interplay Between Contraband...

Contraband trade, smuggling and the illegal movement of goods, has long been a challenge for governments worldwide. From illicit...
Business & Economy

The Interplay Between Contraband...

Contraband trade, smuggling and the illegal movement of goods, has long been a challenge for governments worldwide. From illicit...
Sports

Live Betting on Cricket...

Cricket has become increasingly popular in Ethiopia, drawing a growing community of fans who participate in live betting during...
Sports

Africa’s casual gamers drive...

Developers and companies including those overseas are finding ways to monetise Africa’s gamer base through innovative payment systems, ads,...
Sports

Coca-Cola launches Addis Ababa...

The Coca-Cola-sponsored Addis Ababa Bicycle Race officially commenced at Mexico Square, marking a significant event in the city's sporting...
Opinion

Ethiopia’s Banking Reforms and...

When Ethiopia announced its Banking Business Proclamation, the move was met with a mix of hope, skepticism, and confusion....
Opinion

Short stories on Journalism...

BY FITSUM GETACHEW A few days ago, I came across a book filled with intriguing stories related to the journalism...
Opinion

Assad’s collapse was coming...

Starvation, sanctions, and military disintegration broke the former leader’s hold on Syria – but no one was paying attention By Vitaly...
Society

Resurrecting African Ancestral Memory

People of Africa ancestry unlike the majority of their counterparts from Europe, China, India, Japan and the rest of...
Society

Does the Transitional Justice...

I mean no disrespect to the distinguished Group of Experts who have been diligently working to ensure the project...
Society

An Economic Freedom Party...

Just about everyone except PP cadres and their greedy commercial agents is being impoverished at an alarming rate. Towns...
AfricaNews

Mantashe to attend major AOW energy event

South Africa’s Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October. AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa’s energy future. This year’s event will feature more than 1 600 senior delegates, 80 ministers and officials from 70+ countries and representatives of more than 760 companies. Announcing Mantashe’s confirmed attendance, Chief Executive Officer of Sankofa Events, Paul Sinclair...
AfricaNews

The Gambia’s Minister of Petroleum and Energy Joins African...

On the back of major investments from multilateral finance institution the African Development Bank, The Gambia is poised to increase its electrification rate to 70% – 50% in rural areas – by the end of the year. In the wake of the country’s burgeoning energy sector, The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference, which takes place in Cape Town from November 4-8. The Gambia represents...

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