The recent shift to a market-driven foreign exchange (FX) system in Ethiopia has sparked both opportunities and risks for the banking sector, according to industry experts. While the flow of forex from outside increased following macroeconomic reforms, the anticipated growth in foreign exchange transactions has not materialized as expected.
Since July 29, 2024, commodities such as gold and coffee, which were previously traded on the black market, have begun to be processed through banks. However, experts indicate that the development in this area over the past three months has fallen short of expectations.
Tewodros Hailu, Director of Awash Bank's Banking Transformation Directorate, commented on the implications of the government's reforms on the financial sector. "Foreign exchange has brought risk to banks," he stated. "We were previously focused on local currency, but now FX exchange has become...
In a recent interview with Capital’s Groum Abate, Francis Agbonlahor, Managing Director of Inchcape Africa and the Motor & Engineering Company of Ethiopia Limited (MOENCO), shared insights into the company's six-decade legacy in Ethiopia's automotive industry. As a subsidiary of Inchcape PLC, a prominent global player in premium automotive distribution, MOENCO has navigated various challenges, particularly in the face...
Teresa Clarke, Chair, CEO, and Executive Editor of Africa.com, interviewed Paulin Basinga on advancing public health initiatives in Africa.
In an era where global narratives about Africa often oscillate between despair and paternalism, Dr Paulin Basinga the newly appointed leader of the Bill & Melinda Gates Foundation in Africa, spoke of a vision of philanthropy that prioritizes dignity and partnership...
The International Rescue Committee, hereinafter referred to as “the IRC”, is a non-profit, humanitarian agency that provides relief, rehabilitation, protection, resettlement services, and advocacy for refugees, displaced persons, and victims of oppression and violent conflict.
The IRC-Ethiopia Program has been working in Ethiopia since 1999 and is implementing integrated community-managed programs aimed at improving the quality of lives and recovery of livelihoods of disaster-affected populations through promoting individual participation, strengthening institutions, and emergency response.
IRC Ethiopia Program has been operating in Gambella, Benishangul Gumuz, Tigray, SNNPR, Sidama, Somali, and Oromia regions on refugee assistance and livelihood since its inception.
IRC invites the request for quotation from all eligible and qualified bidders, technically competent, and have valid licenses for the current Ethiopian FY 2016 /2017 /2024.
The purpose of this request for quotation is to obtain qualified and competitive suppliers who can provide Consultancy service for Content adoption, Manual development and training facilitation for the International Rescue Committee Ethiopia country program.
Please note that the request for quotation is open for National vendors.
You may obtain further information from the International Rescue Committee, Sets Building, 5th floor, Jakross to Salite Miheret Road, near Robera Coffee, P.O.Box 107, Code 1110, and Addis Ababa Ethiopia. Tel: 0116 63 83 02, 0116 63 67 35/6/7, Fax No. 0116 62 00 19.
The Complete set of the request for quotation documents...
Hiring of an agency to conduct Situational Analysis for assessing and examining the current state of the selected woreda health system using comprehensive data from diverse sources.
LRFP-2024-9194588
Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for Proposal (LRFP) for Hiring of an agency to conduct Situational Analysis for assessing and examining the current state of the selected woreda health system using comprehensive data from diverse sources. Details of this bid's requirements and eligibility criteria can be found in the bid document.
Interested and eligible bidders can get the bid document with the below links;
2merkato.com – https://tender.2merkato.com/tenders/674720a10c21196b7f47e4f3
Any query or clarification regarding this bid shall be sent through an email to supplyaddisababa@unicef.org before or on 01 December 2024. 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 2:00 PM (East African Time) on 12 December 2024. 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 of an agency to conduct Situational Analysis for assessing and examining the current state of the selected woreda health system...
On November 30, 2024, Negussie Tefera (PhD) celebrated the inauguration of his 438-page autobiography, "Zore Beya Sayew," at the National Theatre Hall. A passionate reader since childhood, Tefera reflects on his journey from radio to a leadership role in the Prime Minister's Office, detailing his experiences through significant political transitions. With multiple accolades and a rich publishing history, Tefera's...
The vibrant Wynwood Art District is set to host the launch of Ethiopian artist Prince Merid Tafesse’s latest book, ‘LI’ILIT|PRINCESS: Homage to Mother’, co-curated by renowned artist and philanthropist Rita Marley. The event will take place on Sunday, December 1, and will also be accessible via Zoom.
Rita Marley, wife of reggae legend Bob Marley, has long been a champion...
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...