Experts anticipate limited impact from foreign financial firms as Ethiopia opens its market. During a panel discussion hosted by Zemen Bank on the theme ‘Economic Liberalization and the Future of Banking in Ethiopia,’ experts examined the implications of foreign financial firms entering the Ethiopian market. The consensus indicated that while the market will open to competition, the influence of foreign banks is expected to be minimal.
Prominent economist Tewodros Mekonnen emphasized the urgent need for macroeconomic reforms to rectify past policy errors. He explained how government development policies have affected the country’s macroeconomic landscape.
Tewodros pointed out that excessive money printing has undermined the economy, stating, “If we are loose with our money—printing and injecting it without control—we intentionally make it cheap.” He asserted that no amount of patriotism could save a currency if economic policies...
Labour migration is a powerful force shaping economies and societies across the globe, offering both opportunities and complex challenges. In this exclusive interview, Aida Awel, an expert involved with the Better Regional Migration Management (BRMM) programme of the International Labour Organization (ILO), sheds light on the multifaceted impacts of labour migration for Ethiopia and its neighbouring countries. The discussion explores the economic and social benefits for both countries of origin and destination, delves into the pressing challenges faced by Ethiopian migrants, especially those navigating irregular migration, and highlights the critical role of bilateral labour migration agreements and robust data systems in protecting migrants’ rights. With practical examples and policy insights, this interview provides a comprehensive look at how strategic migration governance can foster inclusive development, safeguard vulnerable workers, and drive sustainable change in the Horn of Africa and beyond.
Capital: What are the economic and social benefits of labour migration for both the countries of origin and destination, particularly regarding development and integration?
Aida Awel: When properly managed, labour migration can...
As Ethiopia’s capital market takes its first bold steps, Wegagen Capital stands at the forefront of this financial transformation. In an exclusive interview with Capital’s Eyasu Zekarias, CEO Brutawit Abdi shares insights on the journey of launching Ethiopia’s first licensed investment bank, the challenges of building market infrastructure from the ground up, and the opportunities that lie ahead for both local and foreign investors. From navigating regulatory milestones and technological integration to fostering public awareness and attracting talent, Brutawit discusses how Wegagen Capital is shaping the future of investment in Ethiopia—and why she believes the country’s capital market is poised for remarkable growth in the years to come. Excerpts;
Capital: As a pioneering institution, how do you assess the current state of the Ethiopian capital market since its inception? What are its most promising aspects?
Brutawit Dawit Abdi: The Ethiopian capital market was established recently, and since its inception, significant progress has been made. An institutional framework has been created, along with regulations and directives. Awareness has been raised among banks,...
Dear Parents and Guardians,
Greetings from the Sandford International School Admissions Team.
We are pleased to invite interested Ethiopian parents or legal guardians to apply for a limited number of places available in select year groups for the 2025-26 academic year.
Applications will be accepted until Friday, June 20, 2025, at 3:00 p.m. To apply, please:
Pay the non-refundable application fee of Birr 2,000.00
Collect the application form from our Admissions Office
Submit all required documents
Please note that for entry into Year 2 and above, placerrjent will be determined by performance on the digital CAT4 admissions assessment.
We look forward to welcoming new families to the Sandford community
Year Groups
Required D.O.В.
Age
1. Reception
By 31/8/2021
4 Years old by August 31, 2025
2 Year 2
By 31/8/2019
6 Years old by August 31, 2025
3. Year 3
By 31/8/2018
7 years old by August 31, 2025
4. Year 4
By 31/8/2017
8 years old by August 31, 2025
5. Year 5
By 31/8/2016
6 Year 6
By 31/8/2015
Kind regards,
D INTERNATIONAL
9 years old by August 31, 2025
10 years old by August 31, 2025
RTI is an independent organization dedicated to conducting innovative, multidisciplinary research that improves the human condition. Founded as a centerpiece of the Research Triangle Park in North Carolina in 1958, RTI offers innovative research and development and a full spectrum of multidisciplinary services. It has a worldwide staff of more than 6,000 people.
Feed the Future Ethiopia Transforming Agriculture (FTF-ETA) is inviting all eligible bidders to submit their detailed company profile, including their experience in producing similar machinery. We are seeking qualified manufacturing, importing, and wholesale companies with the necessary technical and financial capacity, and a valid business license for the current Ethiopian fiscal year (2017). Qualified bidders are invited to collect the RFQ/RFP from the RTI International website at https://www.rti.org/current-opportunities.
Commodity/Service Required:Purchase of Feed Processing Technologies: Type of Procurement:Rendering machine: Electric Power: 25KW, Production Capacity 180qt/hr, Metal Type: Mild Steal, Steam sterilization system adjustable temperature up to 200 0C, equipped with gear box - speed reducer Attached with Conveyor belt to Drier machine Drier Machine: Electric Power: 25KW, with two compartments: Fixed type up to 50qt/hr and Rotary type - 200qt/hr, Equipped with hot air-dry system, Total production capacity 250qt/hr, Metal type: Mild steel Bone cutting machine: Electric Power: 25KW,...
The Embassy of Romania, in collaboration with the Embassies of Morocco, Brazil, Canada, Indonesia, the United Arab Emirates, and the Representation of UNESCO, has organized a photographic exhibition titled “Togetherness – Celebrating Diversity and Harmony.”
The exhibition features a unique collection of photographs captured by diplomats during their field visits across Ethiopia. These images vividly portray the nation’s rich cultural...
Changsha, China
The 2025 China-Africa Film Week officially opened last week in Changsha, Hunan Province, marking a significant milestone in cultural exchange and cooperation between China and Africa. The highly anticipated event brought together leaders, filmmakers, and cinema enthusiasts from both continents, all united by a shared vision to deepen ties and foster collaboration within the film industry.
The opening ceremony,...
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...
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...