| The Aid For Integrated Development(AID) invites qualified and potential companies to submit their application expressing interest and providing documentation to be prequalified (shortlisted) to participate in the upcoming tender/invitation to bid (ITB) aimed at the award of a contract for 2026 Work, and Goods and vehicle rent service Activities. The project will include the following components: Lot 1 Physical/Civil construction work (Schools, Health centers /Post, Latrines) Water work construction work (Dams, Ponds, Birkas, Irrigation infrastructures, River intake, Water Supply etc.) Drilling services (Boreholes, Shallow wells, Maintenance services, Solar installation, Electromechanical services, Geology services) Lot-2 Vehicle Rental Services provided/ supplier Lot-3 Procurement of Goods/Supplies (Stationery, Electronics, Furniture, Wash NFIs, Spare parts, Agricultural inputs (Machineries and Seeds etc.)) In the upcoming ITB process, only prequalified companies from this prequalification (PQ) process will be evaluated accordingly. Specific procurement notices for contracts to be bid on under the National Competitive Bidding (NCB) procedures and for contracts for procurement of works, Goods and vehicle service will be announced, as they become available, in Capital News in Brief. 1. If you are interested in applying in response to this PQ, please prepare your submission in accordance with the requirements and procedures as set out in this PQ document and submit it through the address below. 2. Interested and eligible applicants may obtain further information from and inspect the pre-qualification document at the Aid for Integrated Development(AID) (address below) from Monday to Friday from 08:30 AM to 5:00 PM. A complete set of the prequalification document in English is free to collect by interested applicants (a) on the submission of a written application to the address below, and the collection of the document is free. 3. Applications for pre-qualification should be submitted in sealed envelopes, delivered to the address below no later than 15 days from December 26th, 2025, up to January 9th 2026, and be clearly marked “Application to Prequalify.” The deadline for picking the tender documents is January 9th, 9:30AM and submission of tender is January 9th, 2026, 4:30PM. Bids shall be opened at the AID Jigjiga office on January 12th, 2026, 11:30 Am in the presence of tenders who may wish to attend. NB: Aid for integrated Development (AID) reserves the right to reject the whole part of any or all tender. Both receiving the document and the submission can be obtained from the Jigjiga office. Further instructions are contained in the tender document/IFP Aid For Integrated Development Procurement & Logistic Office, P.O. Box: 1B0lcL Address: Jig-jiga/ 10 Kabelle Tel: +251252783968. City: Jig-jiga, Ethiopia |
P No:/pre/0004/2025 IFP Title: Invitation for prequalification exercise for contractors / suppliers work, goods and vehicle rent service interventions
NBE Tightens Reserves, Scraps Minimum Savings Rate to Curb Inflation Surge
Ethiopia’s central bank has tightened monetary policy again, raising banks’ reserve requirements and scrapping the long-standing minimum savings rate as it moves to tame inflation and absorb excess liquidity from the financial system. The decisions were taken at the Monetary Policy Committee’s quarterly review meeting on Monday, December 29.
In a statement on Tuesday, the Monetary Policy Committee (MPC) of the National Bank of Ethiopia (NBE) flagged an annual credit expansion of 44.5 percent in November 2025 alongside strong liquidity growth in the banking sector. The committee said it is “indispensable to ensure that liquidity injection into the economy is managed in a gradual and orderly manner” to avoid unintended expansionary effects.
To mop up excess money, the MPC increased the reserve requirement on bank deposits, lifting the monthly average reserve ratio by two percentage points to 10 percent while keeping the daily minimum at 5 percent. Banks will have between three and six months to comply with the new threshold.
In a parallel move, the MPC abolished the minimum savings rate traditionally set by the central bank, a benchmark that had stood at 7 percent in recent years. With immediate effect, deposit interest rates will be set through negotiation between depositors and financial institutions rather than by administrative fiat.
Analysts had widely expected further tightening as authorities pursue a single-digit inflation target in the months ahead. The latest MPC actions are framed as supporting that disinflation drive.
The committee pointed to a surge in loan disbursements and outstanding credit during the first five months of the fiscal year, which pushed broad money to its fastest annual growth. The new measures are intended to ease these pressures and reinforce the signal of a tight monetary stance.
The shift comes in the wake of NBE’s adoption of a price‑based, interest‑rate‑driven monetary framework in July 2024, when the National Bank Rate was set at 15 percent. The latest decisions highlight the bank’s push to make that policy rate more effective in guiding market rates and delivering durable price stability.
