Monday, March 2, 2026
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Capital News

Ethiopia to Adopt International...

Ethiopia is set to adopt internationally recognized standards and impact measurement frameworks to better...
Capital News

Ethio Telecom Launches teleStream,...

Ethio Telecom has officially launched teleStream, a next-generation digital service set to transform Ethiopia’s...
News

NBE to Launch Interdealer FX Platform, Ease Export Surrender Rules Under Reform Drive

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As part of its ongoing macroeconomic and foreign exchange reforms, the National Bank of Ethiopia (NBE) plans to establish an interdealer trading platform and relax surrender requirements for commodity exporters by the end of the current fiscal year. The interbank foreign exchange market was officially launched on January 28 through a technology-backed system operating on the trading infrastructure of the Ethiopian Securities Exchange (ESX), which features a dedicated FX segment. While the platform is designed to ensure transparency, competitive pricing, and real-time execution, its performance so far remains unclear. Building on this launch, the central bank is preparing a roadmap to deepen the interbank FX market. According to commitments made to development partners, the roadmap will include the creation of an interdealer trading platform—an electronic system enabling anonymous, real-time trading among major financial institutions. This initiative is...
Capital News

TDB Warning: Non-Tariff Barriers...

Top financial institutions and business leaders meeting in Addis Ababa warned that for the...
Capital News

License-to-Smuggle Scheme Threatens Economy,...

Senior Ethiopian officials have issued a grave warning over the rise of what they...
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Capital News

Ethiopia Finalizes Landmark Child Law Outlawing...

The Ministry of Women and Social Affairs (MOWSA) has announced the completion of the draft Integrated Child Law, a...
Capital News

IMF Hunts for New Africa Chief...

The International Monetary Fund (IMF) has formally opened the selection process for a new director of its African Department...
Editorial

When an...

With less than three months to go until the June 1, 2026 election, Ethiopia is entering a critical window....
Editorial

Turkey in...

President Recep Tayyip Erdoğan’s recent visit to Ethiopia marks more than a routine diplomatic engagement. It signals a carefully...
Editorial

Editorial |...

Foreign Exchange Reform: Necessary Medicine or Premature Exposure? The National Bank of Ethiopia’s sweeping amendments to the foreign exchange regime...
Editorial

Africa Beware:...

The continent that gave rise to humanity, endured the horrors of the transatlantic slave trade, and survived centuries of...
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Interview

NBE’s Second-Generation Forex Reforms: Opportunity or Overreach?

Since the introduction of macroeconomic reform on July 29, 2024, the National Bank of Ethiopia (NBE) has rolled out a series of sweeping changes. Most notably, on February 11, the NBE took a bold step by easing foreign exchange directives, granting banks a more prominent role in forex management. To assess the significance — and the risks —of these reforms,...
Interview

Unlocking Ethiopia’s Capital Market: Governance, Trust and the Road to Sustainable Growth

As Ethiopia stands on the threshold of a historic economic transformation with the launch of its first-ever capital market, attention is turning to the professionals tasked with shaping its foundation. In an exclusive interview with Capital, Million Kibret, Managing Partner at BDO Ethiopia, shares insights into the opportunities, challenges, and critical prerequisites for building a vibrant, transparent, and trustworthy...
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Vacancy & Bid

SOMALI REGIONAL EDUCATION BUREAU

Invitation for Local Competitive Bidders Somali Regional Education bureau invites interested bidders for procurement of under listed goods. Procurement of Maintenance Vehicle Spare part : 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; finance & logistics Directorate; Ground Floor and You can access the bid document. Online...
Vacancy & Bid

International Rescue Committee

Ethiopia Country Program Request for information (RFI) for Pharmaceutical and Medical Supplies Reference: IRC/ETH/RFI/PHARMA/2026 Publish date: February 22, 2026 Deadline to Respond: March 2, 2026 Interested Pharmaceutical and Medical Suppliers are strongly advised to read through the entire Request for information document before submitting their responses Background The International Rescue Committee, hereinafter referred to as “the IRC”, is a non-profit, humanitarian agency that provides relief, rehabilitation,...
Vacancy & Bid

CALL FOR BIDS: PRODUCTION AND SUPPLY OF PRINTED YOGHURT CUPS FOR GARDEN DAIRY

Garden Dairy is a small but growing dairy enterprise established in late 2019 in southern Addis Ababa. The company began as a small milk retail business and has since expanded into dairy processing, wholesale, and retail trade. Garden Dairy invites qualified suppliers to submit bids for the production and supply of printed yoghurt cups featuring the official logo and approved...
Vacancy & Bid

CALL FOR CONSULTANCY SERVICE

​Development of Strategic Plan, Marketing Strategy, and Feasibility Study ​Garden Dairy began as a small milk retail business in late 2019 in southern Addis Ababa. Today, it has evolved into an enterprise specializing in dairy processing, wholesale, and retail trade. ​To support our growth, we are seeking a qualified consultant to develop a Strategic Plan, a Marketing Strategy, and a Feasibility...
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Arts and Culture

Yekatit 12: The Unforgettable and Unrecognized Massacre of Ethiopians

In the shadow of a history often whispered but seldom reckoned with, a new international initiative is working to ensure the world never forgets the blood spilled on the streets of the capital 89 years ago. Family members and descendants of the victims are raising their voices, demanding that this history be openly acknowledged and that the fallen receive the...
Arts and Culture

Swdegef Book concept evolving into a global movement for prosperity

The Swdegef (ሰዉ ደግፍ) book, authored by Eng. Banteyihun Tezazu and launched three months ago, is rapidly transforming from a literary work into a large-scale international socio-economic movement. During a high-profile gathering at Abrehot Library, university presidents, ministry representatives, and distinguished scholars from across Ethiopia convened to witness the unveiling of the LEAP program—a strategic framework designed to translate the...
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Business & Economy

The Napkin Curve and...

Few images in modern economics are as simple—or as seductive—as the napkin curve. Sketched quickly, often on a literal...
Business & Economy

Ethiopia’s Next Opportunity: Building...

In recent years, the role of government in improving the urban environment across Ethiopia has been both visible and...
Business & Economy

The Politics of Performance...

Economic development has never been a purely technocratic exercise. While it is often framed in the language of growth...
Sports

Yohannes Names Backroom Staff...

Yohannes Sahle, who was recently reinstated as the head coach of the Ethiopian national men football team, has officially...
Sports

Athlete Diribe Welteji Banned...

Diribe Welteji, the brilliant Ethiopian athlete who won the silver medal in the 1,500 meters at the 2023 World...
Sports

Run Confident, Live Smart:...

Registration has officially opened for the 2026 Safaricom Women First 5km, set for Sunday, March 22. The 23rd edition...
Opinion

No More Midnight Transactions:...

I remember sitting in my office in 2019 with a foreign investor in floriculture who was ready to invest...
Opinion

Shaping a Human-Centric Future...

At a defining moment in human history, the world gathered at the AI Impact Summit 2026 in New Delhi....
Opinion

From “Permission to Pay”...

For many Ethiopians, the most difficult part of making a legitimate payment across borders has never been willingness. The...
Society

GERD: Africa’s energy Project...

The Grand Ethiopian Renaissance Dam (GERD) has reached a new pinnacle of international recognition, officially being named the "Industrial...
Society

Powering Africa: Ethiopia’s Centrality...

As Africa navigates the complexities of the 21st century, the African Union’s Agenda 2063 stands as the definitive blueprint...
Society

The Absurdity of Premium...

Ethiopian share market is undergoing a profound transformation, by and large, for the better. Hundreds of thousands of equity...
AfricaNews

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...
AfricaNews

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...

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