The National Bank of Ethiopia (NBE) has issued its first license under the recently amended Banking Business Proclamation to a Kenyan-owned financial institution, enabling it to continue operating its representative office in the country.
In a statement released on Thursday, the central bank announced that Standard Bank Group’s representative office in Ethiopia has been officially re-licensed in accordance with the revised proclamation. This new law places the licensing and supervision of foreign banks’ representative offices (REPOs) directly under the NBE's regulatory authority.
Previously, these offices operated under licenses granted by the Ministry of Trade and Regional Integration. As part of the transition, the NBE has begun the re-licensing process for all existing foreign bank representative offices and is currently reviewing new applications.
Standard Bank, which has had a representative office in Ethiopia for several years, is the...
The international Conference on Ensuring Food Sovereignty for African Countries concluded today in Ethiopia’s capital, solidifying a new, non-commercial...
Amid soaring global health challenges—ranging from limited resources and conflict to rampant misinformation—Ethiopia stands at a critical crossroads in...
In a detailed interview with Capital, France’s Ambassador to Ethiopia, Alexis Lamek, highlights the country’s robust commitment to feminist diplomacy and its wide-ranging initiatives aimed at combating gender-based violence and promoting women’s empowerment in Ethiopia. Since officially adopting feminist diplomacy in 2019, France has transformed its diplomatic approach to emphasize women’s rights, health, and justice—efforts that have found tangible...
In a candid interview with Capital, legendary Ethiopian athlete Haile Gebrselassie shares his heartfelt reflections on the 25th anniversary of the Great Ethiopian Run (GER). Since its inception in 2001, GER has evolved from a simple dream of creating a European-style running event into a nationwide celebration of unity, health, and community spirit. Haile underscores how the event has...
The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Contractors / Suppliers to participate in the following tender:
SNTENDER SUBJECTCLOSING DATEINVITATION TO BID:ETH-UNHCR -ITB-004/2025 - Managed Print Services
For The Establishment of a Frame Agreement for The Supply ofManaged Print Services (MPS), Including Provision of Printers, Software, Maintenance, Consumables,...
The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Contractors / Suppliers to participate in the following tender:
SNTENDER SUBJECTCLOSING DATEINVITATION TO BID:ETH-UNHCR -ITB-004/2025 - Managed Print Services
For The Establishment of a Frame Agreement for The Supply ofManaged Print Services (MPS), Including Provision of Printers, Software, Maintenance, Consumables,...
November 21, 2025
Nib Insurance Company (S.Co) invites competent and qualified applicants for the following vacant posts.
SN Positions GradeMinimum qualification and experience Place of workEducationExperience1 Claims Division HeadXBA/BSC Degree in Banking & Insurance or Management or Accounting & Finance or Economics or Statistics or Mathematics or in related fields7 years relevant experience, of which 3 years in Senior Underwriting...
EveryonesWorld is a small leadership development and human-systems organization. Driven by a steadfast commitment to empowering women leaders and changemakers worldwide, we specialize in crafting and delivering transformative leadership programs, high-impact gatherings, and tailored executive coaching experiences. Our initiatives are designed to unlock new possibilities, elevate leadership capabilities to new heights, and ignite lasting, positive change at all levels.
Internship...
Germany has returned 12 royal-era cultural artefacts to Ethiopia in a ceremony in Addis Ababa, marking a formal step in ongoing cultural cooperation between the two countries.
Germany has handed over 12 cultural artefacts to Ethiopia at a ceremony in Addis Ababa, bringing home items that had remained in Germany for almost a century. The objects were laid out on...
Addis Ababa’s National Museum of Ethiopia stands as a prime example of brutalist architecture, recently named among the most beautiful such buildings on the continent by Architectural Digest India. Completed in 1976, this concrete structure arose during a period when newly independent African nations looked to modern design to express their civic ambitions and national pride.
The museum’s understated, low-slung...
By our staff reporter
The Mauritius Commercial Bank Limited (MCB) has provided a strategic financing package to Invictus Investment Company PLC (ADX: INVICTUS), a prominent agro-food enterprise operating in the Middle East and Africa. The package, structured as an acquisition finance and revolving credit facility, aims to support Invictus Investment’s expansion into new markets and strengthen its working capital position as it scales operations.
This financing agreement builds on the existing partnership between MCB and Invictus Investment and underscores a shared commitment to advancing food security...
By our staff reporter
Wingu Africa has launched Wingu Cloud Exchange (WCX), a locally hosted private cloud platform designed for the wider East African region.WCX gives organisations a secure, compliant, cost-effective, and easy-to-use alternative to offshore cloud services. With transparent local-currency pricing, rapid deployment, and instant scalability, it enables businesses to grow workloads without complexity or unpredictable costs. Launching first in Tanzania, the platform will gradually roll out across all Wingu markets, including Ethiopia and Djibouti.
WCX includes Wingu Compute, Wingu Kubernetes, Wingu Drive, and Wingu...