Monday, July 27, 2026
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EEU unveils USD 30.6...

Ethiopia Electric Utility (EEU) has announced an ambitious 25-year electricity distribution master plan requiring...

Ethio Telecom, Netflix in...

Ethio telecom says it is in ongoing discussions with Netflix over the business model...

T-Bill auctions to raise 197b birr

The Ministry of Finance aims to raise 197.2 billion birr through Treasury bill (T-bill) auctions during the first quarter of Ethiopia's 2026/27 fiscal year. This initiative comes as government borrowing costs continue to decline and the National Bank of Ethiopia (NBE) increasingly employs market-based monetary policy instruments, including repurchase (repo) operations. According to the ministry's auction calendar, seven T-bill auctions are scheduled between July 8 and September 30, 2026. The largest single issuance, valued at 40 billion birr, is slated for August 5. The fiscal year's inaugural auction on July 8 successfully raised 30.71 billion birr at an average yield of 9.2 percent. This marks a return to single-digit T-bill rates after an extended period of elevated borrowing costs. Treasury bill yields had already been trending downward in the previous fiscal year, reaching an average of 11.7...

Ethiopia’s digital finance sector...

Ethiopia’s digital finance industry has entered a new phase with the formal launch of...

NBE tightens virtual asset...

The National Bank of Ethiopia has broadened its restriction on cryptocurrencies and other virtual...
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Ethiopia’s horticulture sector gains ground in...

Ethiopia’s horticulture sector is expanding its reach in global markets, supported by stronger quality standards, improved regulation and growing...

Road network grows at 75

The Ethiopian Roads Administration (ERA) has launched its 75th anniversary Diamond Jubilee celebrations in Addis Ababa, highlighting decades of...

Ethiopia must...

Ethiopia cannot afford to wait for the next global crisis to expose the weakness of its economy. The ongoing...

Ethiopia must...

Ethiopia’s record export earnings in 2025/26 should be welcomed, but they also expose a familiar weakness: the country still...

Defuse the...

For Ethiopia's business community, the greatest obstacle to growth today is no longer inflation, foreign exchange shortages, or access...

Ethiopia needs...

With Ethiopia having just conducted its election, the country now enters another crucial political moment: translating political legitimacy into...
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Productive credit push

In this exclusive interview with Capital, economist and banking expert Eshetu Fantaye examines the National Bank of Ethiopia’s shift from bank credit caps to a reserve requirement-based framework, arguing that the real test will be whether lending is redirected toward productive sectors rather than government debt and speculative activity. Excerpts; Capital: The National Bank has lifted the credit cap for...

Ethiopia’s conservation milestone

As Ethiopia marks the 60th anniversary of its Wildlife Conservation Authority, global attention is turning to Addis Ababa, where one of Africa’s most respected wildlife experts will help frame the conversation on the future of conservation on the continent. Dr. Laurie Marker, founder and executive director of the Cheetah Conservation Fund, will travel to Addis Ababa on July 20...
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Advertisement Open for LOCAL Procurement

Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in an Invitation to Bid (LITB-2026-9204770) 🙂 for the Procurement of Tablets and Laptops. Details of the requirements for this bid and eligibility criteria etc. can be found in the bid document. Interested and eligible bidders from local companies can get the bid document in the Link: https://tender.2merkato.com/tenders/6a43acea0a538ac13a000001 Any query or clarification regarding...

Tender Notice

The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered Suppliers to participate in the following tender: SN                                     Tender SubjectClosing Date      1INVITATION TO BID (ITB) UNHCR ITB 3153 Supply and Delivery of Essential Medicines, Medical Supplies, and Medical & Laboratory Equipment for the UNHCR Ethiopia Operation   ...

REQUEST FOR EXPRESSION OF INTEREST (EOI)

This notice is placed by UNECA. The accuracy, reliability and completeness of the contents of furnished information is the responsibility of United Nations Economic Commission for Africa. You are therefore requested to direct all queries regarding this EOI to United Nations Economic Commission for Africa using the fax number or e-mail address provided below. Title of the EOI: The provision of  comprehensive...

UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP)

IC - Individual contractor  Brief Consultancy/Job PostContract TypeProcurement Ref. No.Web-link to download Proposal Submission Submission deadline1PRC0182530 - IC-National Consultant to Conduct Mid-Term Evaluation of Strengthening Ethiopia's Elections for Democracy Sustainability (SEEDS 2)ICUNDP-ETH-00752https://procurement-notices.undp.org/view_negotiation.cfm?nego_id=47191&_gl=1*vmup9z*_ga*MTg0MzU5NTIzNy4xNzIzNzMwNDg0*_ga_PBF14M9C6G*czE3ODMwNTg1NTYkbzQzJGcxJHQxNzgzMDU4NjI4JGo0OCRsMCRoMA. OR https://www.unjobnet.org/jobs/detail/undp-recruitment-of-national-individual-consultant-midterm-evaluation-of-seeds-2-87188023  16-July-26 Important information The use of UNDP’s name and logo without UNDP consent is inappropriate. UNDP strongly recommends that people who receive solicitations to apply for positions...

Napping Time

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Africa’s greatest artists gather for first-ever World Public Summit in Ethiopia

Some of Africa’s most accomplished contemporary artists will converge in Addis Ababa on July 29 for one of the continent’s largest international cultural showcases, as the “Unity” exhibition opens alongside the inaugural World Public Summit Africa on July 29–30, 2026. Featuring artists from 16 African countries, the exhibition forms the cultural centerpiece of the summit and showcases the richness, diversity...

Ethiopia’s Kagnew song rings out in Gwanghwamun, bridging 75 years of friendship

A meaningful stage honoring the sacrifice and solidarity of nations that fought in the Korean War was held at Gwanghwamun Square in Seoul, featuring a performance by descendants of Ethiopian Korean War veterans. On the afternoon of the 22nd, the cultural exchange performance "Courage of That Day, Song of Today" was held at the Garden of Gratitude in Gwanghwamun Square,...
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The Expat Economy

There is something that makes some of the worlds exciting cities tick. And it is not often talked about....

The Political Economy of...

In todays business world leverage is a powerful tool that helps companies grow and succeed. Leverage is not about...

The prophet-king and economic...

We all want to grow the economy, and with economic development comes wealth for the rich but we still...

MELBET Ranking: The Most...

Football is the No. 1 sport. The championship in North America proved it once again. Hundreds of goals. Thousands...

Who will win the...

The tournament is entering its decisive stage. Spain and Argentina will face off for the trophy, while France and...

Kamaru Usman on WCMCU...

While the whole world follows the final stages of football’s biggest tournament, a man who knows everything about the...

The Glitter and the...

After twenty‑eight years away, I returned home with equal parts excitement and apprehension. Six months have now passed—long enough...

“Aspiration beyond government paycheck’’

Civil Servant Voice - Unheard  On September 11, 2026, the federal civil service believes to enter into a period of...

Beyond the Binary: Navigating...

The Ethiopian struggle between tradition and modernity did not begin with contemporary debates about globalization or decolonization. It is...

Is flexible exchange rate...

Many, perhaps most, readers are aware that it is exactly two years since Ethiopia started off on a journey...

Private property cannot be...

For more than five decades, Ethiopia has carried one of its most unresolved urban injustices: the nationalization of private...

Role of ethics and...

An effective tax system is the backbone of government finance and national development. However, the success of a tax...

MCB grants strategic financing to Invictus Investment to expand...

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...

Wingu Cloud Exchange launch marks a new era for...

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...