The Great Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric project and a symbol of...

Mamo Esmelealem Mihretu, the Governor of the National Bank of Ethiopia (NBE), has resigned...

Exporters are attributing significant disruptions to their export activities to a lack of modern systems and poor communication between financial institutions and the National Bank of Ethiopia (NBE). Those who spoke with Capital expressed deep frustration with the NBE's operations, particularly its practice of placing them on delinquent lists for what they consider irrelevant payment arrears. They argue that the absence of a quick, digital tool to check their delinquent status is severely impacting their export schedules. Many exporters recalled that the process was much simpler in the past, but has now become exceedingly challenging, complicating their ability to schedule shipments in line with customer demands. The exporters explained that problems arise when they approach their commercial banks to apply for export permits, only to encounter unexpected delays because the central bank has barred them from obtaining...

By Muluken Yewondwossen A testimony from Semon Mengesha, a theology graduate and church leader near...

The Ethiopian Coffee and Tea Authority (ECTA) has issued a new directive significantly increasing...

The Addis Ababa Declaration, forged at the vibrant and deeply consequential Second African Climate Summit (ACS2), marks a pivotal...

The Grand Ethiopian Renaissance Dam (GERD) stands as one of the most ambitious and transformative infrastructure projects in Africa’s...

Africa is the continent most severely impacted by climate change today, even though it has contributed the least to...

Poverty remains one of Ethiopia’s most pressing challenges, as it does for many developing countries. But like India—which has...