In a significant operational recovery, state-owned Ethiopian Shipping and Logistics (ESL) has resumed handling the country's petroleum imports, including from new international suppliers. This marks a historic first, as Ethiopia has now sourced fuel from within Africa.
The Ethiopian government has diversified its procurement strategy to include West Asian markets and ports in western India. This shift comes amid disruptions to traditional oil supply routes and rising domestic demand, particularly for jet fuel. The demand for jet fuel is largely driven by Bole International Airport's role as a major African aviation hub and the extensive operations of Ethiopian Airlines, a leading carrier on the continent.
A recent breakthrough saw Ethiopia import jet fuel from a terminal in Nigeria, operated by the Dangote Petroleum Refinery at Dangote Quays, Lekki, owned by billionaire Aliko Dangote.
This development represents a...
In this interview with Capital’s Groum Abate, Raliat Sunmonu, Vice President for Middle East and Africa at Accion Advisory, discusses the organization’s push to expand inclusive finance in Ethiopia through partnerships with banks, fintechs and other local actors. She highlights efforts to support women-led MSMEs, refugees and smallholder farmers, while also pointing to the policy and infrastructure changes needed...
In this written interview with Capital, Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, outlines the steady expansion of UAE-Africa economic relations and the growing importance of Ethiopia within that partnership. He points to logistics, infrastructure, clean energy, agriculture and long-term regulatory certainty as the main pillars behind the continued momentum. The minister also highlights major...
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Tender Reference - SCI-ET-2026-017
Save the Children believes every child deserves a better future. In Ethiopia and around the world, we give children a healthy start in life, the opportunity to learn, and protection from harm. We do whatever it takes for children, every day and in times of crisis, to transform their lives and the future...
Invitation for International competitive Bidding (ICB) Tender No.NALF 006/2026
National Alcohol & Liquor factory (NALF),a state-owned Enterprise supervise by Ethiopia Investment Holdings(EIH) invites all interested, eligible and qualified international ERP solution providers for the supply, implementation, configuration, integration, data migration, testing, go-live, and post-go-live support of fully integrated Enterprise Resource planning (ERP) system.
A complete set of bid document can be...
The International Rescue Committee (IRC) is one of the world’s leading humanitarian and development organizations, operating in over 40 countries to deliver relief, rehabilitation, and post-crisis recovery services. Since initiating operations in Ethiopia in 2000 in response to severe drought, the IRC has implemented integrated emergency and development programs across six regions of Ethiopia. Its programming spans health, water and sanitation,...
In Addis Ababa—the sprawling metro capital of Ethiopia, located in the altitudinous highlands of East Africa, nearly 9000 miles away from Oakland—a skate revolution is afoot.
Earlier this year, French Canadian skater Mike Boisvert (known online as The Skate Nomad) traversed the African city and documented its youthful scene, ultimately declaring it “the next skate heaven” of the continent. The...
The Ethiopian creative sector has achieved a significant breakthrough on the continental stage, securing two prestigious trophies at the 12th Africa Magic Viewers’ Choice Awards (AMVCA) held in Lagos, Nigeria. As one of Africa’s most prestigious platforms celebrating excellence in African film and television, the AMVCA provided a global spotlight for Ethiopian storytelling. The event brought together the biggest...
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...