The Ethiopian Sugar Industry Group (ESIG) is embroiled in a legal dispute following the termination of a supply agreement, triggered by recent foreign exchange liberalization reforms.
Founded under Ethiopian Investment Holdings in 2022, ESIG oversees sugar sales and manages milling projects.
It now faces a 1.4 billion birr lawsuit from Agrocorp International, a Singaporean agricultural commodity trading company, over the annulment of a contract to supply 100,000 metric tons of sugar.
According to information obtained by Capital, the two parties entered into a contract in April 2024 to supply sugar aimed at stabilizing the market. This was necessary as domestic sugar mills, including the autonomous factories at Wonji Shoa, Metehara, Kessem, Fincha, and Tana Beles, were operating well below capacity.
After several months of unsuccessful negotiations, ESIG decided to cancel the contract, leading to the current litigation. The...
As geopolitical tensions in the Middle East disrupt global aviation, Ethiopian Airlines finds itself balancing immediate operational shocks with long-term strategic ambitions. In this wide-ranging interview with Capital’s Groum Abate, Group CEO Mesfin Tasew discusses the impact of airspace closures, volatile fuel prices, and aircraft shortages, while outlining the airline’s resilience, expansion plans, and vision for Africa’s largest aviation...
Inside the emotional journey behind the ET302 Memorial
Seven years after the Ethiopian Airlines Flight 302 crash, the scarred crash site has become a place of reflection and healing. Behind that transformation is a complex, emotionally charged journey.In this interview, Yasser Bagersh, founder of Prologue Communications, reflects on navigating grief, conflict, and responsibility to help create a memorial shaped...
Publication date: 10th March 2026
Country: Ethiopia
Project Executing Agency:
The Intergovernmental Authority on Development (IGAD)
Project title:
Regional Migration Fund supporting Migrants, Refugees and Host Communities (“RMF“)
Tender title:
Request for Proposals for Consulting Services for Design & Supervision on Rehabilitation and Establishment of water supply system – Lagsure Kebele, Moyale Woreda, Oromia region and El Kalu Kebele, Moyale Woreda Somali region, Ethiopia
Tender number:
RFP NO....
Invitation for Local Competitive Bidders
The Somali Regional Education Bureau invites interested bidders for Procurement of the under listed goods.
Procurement for Construction Maintenance of Jigjiga Boarding School Fence: with Ref- NCB/REB-/0024/2018
The Bid document shall be obtained commencing after the journal comes out for each items from Somali Regional Education Bureau; Procurement & Property Directorate; Ground Floor and you can access...
The Ethiopian Nuclear Energy Commission (ENEC) announces an extension of the submission deadline for the Request for Expression of Interest (REOI) for: “Consulting Services to Support National Nuclear Programme Infrastructure Development and Nuclear Power Project Management in Ethiopia.”
The REOI was Originally Published on February 15, 2026 ,with a Submission deadline of March 17 ,2026 at 5:00 PM.
To Provide additional...
Ref:- DMF/CEO/008/26
DERBA MIDROC Foundation would like to invite experienced, dedicated and responsible External Auditor to conduct the Foundation’s annual financial audit for the years ended July 07, 2026 to 2028.
Candidates who fulfill the above requirements can submit their application and nonreturnable copies of credentials up to 7 working days beginning from the date of announcement. The application should...
Renowned Ethiopian composer, pianist, and arranger Girma Beyene has been awarded the insignia of Knight of the Order of Arts and Letters (Chevalier dans l’Ordre des Arts et des Lettres) by the French government, in recognition of his outstanding contribution to music and cultural exchange between Ethiopia and France. The distinction, conferred by the French Ministry of Culture, places...
Ethiopian filmmaker Beza Hailu Lemma‘s The Last Tears of the Deceased, Nigerian filmmaker, Damilola Orimogunje’s Dear Ajayi, and Moroccan filmmaker, Asmae El Moudir’s Don’t Let the Sun Go Up On Me have been selected as part of the recipients of the Hubert Bals Fund (HBF).
The HBF is the international co-financing arm of the International Film Festival Rotterdam (IFFR), supporting...
These days, the U.S.-China relationship is characterized by intense rivalry, high-stakes trade disputes and significant interconnected economic ties. These...
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...