A recent audit report by the Office of the Federal Auditor General (OFAG) has uncovered widespread financial mismanagement, delays, and inefficiencies in the country’s public projects, resulting in losses exceeding 17 billion birr (approximately $121.4 million) in road construction and university developments alone.
The report details systemic issues affecting government-funded projects, with over 180 road projects incurring more than 13.26 billion birr in cost overruns in addition to their initial budgets. This means that more than 75% of these projects have faced significant additional costs caused by delays, overbudgeting, and poor management practices.
The problem extends beyond infrastructure to other vital sectors such as electricity generation, irrigation, and higher education projects. The audit found that many projects were not completed on schedule, leading to wasteful spending and stalled development efforts.
Officials from the Ministry of Planning and...
In Ethiopia, the private media sector is facing unprecedented challenges, squeezed relentlessly by government actions that increasingly threaten its...
In this exclusive interview, Capital sits down with Natasha Hayward, a distinguished global expert on food and nutrition security and the Program Manager of the Global Agriculture and Food Security Program (GAFSP) at the World Bank. With more than two decades of experience across Africa, South and East Asia, Natasha has led critical initiatives in agriculture, rural livelihoods, and...
In a rapidly evolving African business education landscape, the Association of African Business Schools (AABS) plays a critical role in shaping quality, relevance, and impact tailored for the continent’s unique needs. At the forefront of this transformative effort is Lana Elramly, Executive Director at the Association of African Business Schools (AABS) . With a rich background in higher education,...
DESCRIPTION: Provision of Overland (cross-border) Transport Services from Djibouti to Ethiopia
CLOSING DATE FOR SUBMISSION OF EOIs: 29 August 2025, 12:00 hrs
REFERENCE: EOI-ETCO-LOG-2025-08
The United Nations World Food Programme in Ethiopia (WFP Ethiopia) invites qualified companies to submit their Provision of Overland (cross-border) Freight Transport Services from Djibouti to Ethiopia.
A. OVERLAND TRANSPORT SERVICE - DJIBOUTI CORRIDOR
Objective
This invitation for expression of interest...
LRPS-2025-9199322
UNICEF (Ethiopia) wishes to request eligible bidders to participate in an Establishment of Long-Term Agreement for the Supply of Stationery Learning Materials
For 24+12 Months
This tender is open only to local bidders
Details of the requirements for this bid and eligibility criteria etc. can be found in the bid document.
Interested and eligible bidders can get the bid document with the...
Interested and eligible bidders can access the bid document through the following link:
https://tender.2merkato.com/tenders/689f41300a538a59e1000001
Submission of bids should be done as per the below requirements:
A) Acknowledgement of receipt of Solicitation Document. Bidders are requested to inform UNICEF as soon as possible by ETH-Addis Ababa Supply at supplyaddisababa@unicef.org that they have received this Solicitation Document.
B) Any query or clarification regarding this bid...
No.PostCONTRACT TYPEPROCUREMENT REF. NO. Brief Job/Consultancy Description & Web-link for detailed advertSubmission deadline1Recruitment of Individual consultant to Develop a Legal Framework for Climate Smart Agriculture (CSA) Incentive Mechanisms.IC UNDP-ETH-00545https://procurement-notices.undp.org/view_negotiation.cfm?nego_id=36974 27-Aug-25 2Recruitment of Consultant to Develop protocols and SOPs for multi-hazard emergency management and disaster preparedness for Hawassa CityIC UNDP-ETH-00544https://procurement-notices.undp.org/view_negotiation.cfm?nego_id=36937 27-Aug-253Recruitment of Firm Level Consultant...
Ethiopian National Theatre, a cultural landmark with over 69 years of history, has taken a significant leap into the digital age by transitioning its operations to a fully digital system, theatre officials announced in a recent press release.
A key milestone in this modernization effort is the launch of online ticket sales, now managed through Red Cloud ICT Solutions. Director...
Hollywood icon and humanitarian Angelina Jolie recently made a visit to Addis Ababa, bringing global attention to the city’s thriving culinary scene and its vital healthcare initiatives. Her visit, which included an elegant dinner at one of Ethiopia’s premier fine dining establishments and a visit to a leading medical facility, highlighted not only the cultural richness of the Ethiopian...
Feminist government and feminist economics are interconnected frameworks that challenge traditional political and economic systems by centering gender equity,...
Macroeconomic reforms, broad policy measures that shape a nation’s overall economic trajectory, are often presented as neutral, technocratic interventions...
In today’s world, economic development faces multiple challenges. The technological, digital, and intelligence divides continue to widen, and structural...
High Frequency of External Shocks Derailing Ethiopia’s Progress on Sustainable Development Goals.
The velocity and quantum of Volatile, Uncertain, Complex,...
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...