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New 30% VAT, Excise...

September 28, 2025

The Ministry of Finance has confirmed the full implementation of a combined 30 percent...

News

Exporters voice concerns over...

September 21, 2025

The Ministry of Trade and Regional Integration (MoTRI) has instructed exporters to promptly ship...

News

Banks skeptical as NBE loosens credit growth cap

October 5, 20250

Banks have indicated that the recent relaxation of the credit growth cap is expected to have minimal impact on their operations. At the same time, the regulatory authority has expressed its willingness to implement appropriate policy measures if the monetary environment shows signs of rising inflationary pressures. Contrary to expectations of a full reversal, the National Bank of Ethiopia's (NBE) Monetary Policy Committee (MPC) only loosened the two-year cap on bank lending growth by six percentage points in its decision this week. This policy shift has been met with skepticism from financial experts and private bank executives, who are confused by the NBE's decision to reverse course. Market analysts argue that the financial sector is currently facing a liquidity shortage, making the continuation of any credit cap an unnecessary precaution. The MPC has raised the allowable annual credit...

Capital News

Calls to adopt international...

October 5, 2025

Ethiopia’s digital payment sector, still in its nascent stage, has reached a critical juncture...

Capital News

Regulatory, financial barriers stall...

October 5, 2025

Ethiopia has made notable policy advances to support its green transformation, including the National...

Capital News

Air cargo, passenger demand surge in...

October 5, 2025

The International Air Transport Association (IATA) released fresh data for August 2025, highlighting continued resilience and expansion in both...

Capital News

Low job motivation among health workers...

October 5, 2025

A comprehensive new study has revealed a troubling state of low job motivation among health professionals in Ethiopia, a...

Editorial

Balancing Risks

October 5, 2025

Ethiopia is on the verge of a major economic milestone: joining the World Trade Organization (WTO), the global body...

Editorial

Arresting Journalists...

September 28, 2025

In recent months, Ethiopia has witnessed a disturbing surge in the arrests of journalists, media professionals, and human rights...

Editorial

World Must...

September 21, 2025

The world’s persistent neglect of Palestinian statehood and the unbearable conditions imposed by Israeli forces have created one of...

Editorial

Addis Ababa...

September 14, 2025

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

Interview

Impact Investing

Atieno Otonglo, Africa Lead at the Global Steering Group for Impact Investing (GSG Impact), brings over 17 years of experience in impact investing and business development across emerging markets to her role supporting the development of impact investing ecosystems in Africa. With an MBA from London Business School, Atieno leads efforts to build infrastructure and incentives that encourage capital...

Interview

Driving Ethiopia’s Green Future

Mesfin Getahun, Founder and CEO of Moteregna Transport, is steering Ethiopia’s logistics sector toward sustainability with innovative motorcycle delivery services and cutting-edge electric motor assembly. Drawing on a rich multidisciplinary academic background and a decade of executive experience in international organizations and logistics, Getahun’s vision aligns Moteregna with Ethiopia’s Green Growth Strategy through digital optimization and electric mobility. In...

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Vacancy & Bid

Invitation for BID

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)...

Vacancy & Bid

REQUEST FOR PROPOSALS FOR

Request for Proposal for Long Term Agreement for Providing Corrective and Maintenance Service for the UN System LRPS-2022-9199294 UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for proposal (LRPS) FOR ESTABLISHING LONG-TERM ARRANGEMENTS for the provision of Corrective and Maintenance of ICT Equipment services for the UN System. Details of the requirements for this bid and eligibility criteria etc....

Vacancy & Bid

REQUEST FOR PROPOSALS FOR

Rehabilitation and upgrading of school WASH and Menstrual Health Management/MHM/ facilities for 15 Secondary Schools in Afar Region LRFP-2025-9200050 Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for Proposal (LRFP) for Rehabilitation and upgrading of school WASH and Menstrual Health Management/MHM/ facilities for 15 Secondary Schools in Afar Region. Details of this bid's requirements and eligibility criteria...

Vacancy & Bid

Vacancy Announcement

KK Private Limited Company (KK PLC) is a privately owned company engaged in the textile industry, import & export business, real- estate development and others. Our company KK PLC is looking for competent, motivated & energetic employees on the following position. Position:- Public Relations & Liaison Division Manager 1. Job Summary The Public Relations & Liaison Division Manager is responsible for managing...

In Pictures

A TUNNEL OF LIGHT

October 5, 2025

In Pictures

PUDDLE-JUMPING LIFE

October 5, 2025

Arts and Culture

Mulatu Plays Mulatu’s Ethio-jazz Brings Us Together

Mulatu Plays Mulatu is Mulatu Astatke’s first major studio album in more than a decade. Furthermore, it presents new arrangements of his classic compositions. Sessions took place in London and Addis Ababa with his long-standing U.K. band and cultural musicians from his Jazz Village club in Addis. The project advances his Ethio-jazz vision, balancing Western jazz arranging with traditional Ethiopian...

Arts and Culture

Ethiopian Ambassador Opens “Interwoven World” Art Exhibition in China, Showcasing Fikru’s Cross-Continental Dialogue

Ambassador Tefera Derbew, Ethiopia’s Ambassador Extraordinary and Plenipotentiary to China, attended the opening of the “Cross World: Fikru in China” exhibition at the Kaifeng Art Bonding Warehouse, showcasing the evocative oil paintings of renowned Ethiopian artist Fikru. The exhibition serves as a vibrant cultural bridge, fostering mutual understanding between two ancient civilizations—Ethiopia and China. Fikru’s artwork blends the vivacity and...

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Business & Economy

The Mercenary Economy: How...

Once the stuff of medieval battlefields and Renaissance city-states, the mercenary economy has reinvented itself for the modern era....

Business & Economy

The New Age Thinking...

The 21st century is witnessing a dramatic transformation in how societies conceptualize progress, prosperity, and development. Traditional economic models...

Business & Economy

Climate Change and African...

Climate change has become one of the greatest global challenges of the 21st century, with implications that go far...

Sports

Live Betting vs Pre-Match...

When it comes to betting on soccer, fans have two main options, pre-match odds or live betting. Both are...

Sports

The African Legends Who...

You don’t really forget players like these. They’re the ones who made you sit up and pay attention. The...

Sports

The Legal Side of...

The success of online sportsbooks has not gone unnoticed. However, many people are still not 100% aware of how...

Opinion

Tokenizing the Titans: How...

The United States moves to digitize its Treasury securities, promising unmatched liquidity, transparency, and global access; however, risks and...

Opinion

Finance Ministry halts tax...

The Ministry of Finance (MoF) has suspended a tax authority decision that would have required fruit drink manufacturers to...

Opinion

This gamechanger could charge...

Africa’s EV playbook is shifting from pilots and municipal chargers to price-led, bundled ownership models designed to lower adoption...

Society

Rising Together: Insights from...

Around Jigjiga and its surrounding Somali Region, a growing number of studies in the past few years have sought...

Society

Thought Leadership on Economic...

Adam Smith (1723- 1790) and David Ricardo (1772- 1823) classical economic theories emphasized invisible hand's free market forces of...

Society

What viable options do...

The federal government of Ethiopia has recently announced a 160 billion birr salary increase for public servants, a significant...

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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