Wednesday, February 11, 2026
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Capital News

NBE rolls out major...

The National Bank of Ethiopia (NBE) has announced a fresh round of foreign exchange...
Capital News

Tsedey Bank officially appoints...

Tsedey Bank, one of Ethiopia’s youngest commercial banks, has officially appointed Yohannes Ayalew (PhD)...
News

IMF extends CBE’s compliance deadline due to lower FX receipts

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The deadline for the Commercial Bank of Ethiopia (CBE) to reduce its on-balance sheet net open position (NOP) by at least half has been extended to March 2026 due to lower-than-expected foreign currency inflows. This extension, highlighted in a recent International Monetary Fund (IMF) document, moves the original compliance deadline from the end of 2025. The adjustment follows a larger-than-anticipated NOP in the first quarter of the 2025/26 financial year, caused by weaker foreign exchange receipts, primarily from remittances, and increased demand for foreign currency, particularly from the private sector. To monitor progress against a revised plan that includes a contingency buffer, the National Bank of Ethiopia (NBE) and CBE have initiated weekly consultations. In addition, CBE has launched new initiatives aimed at mobilizing foreign exchange resources from diaspora communities, such as targeted remittance campaigns and...
Capital News

The Horizon Fiber Initiative:...

#Advertorial On February 4, 2026, Ethio Telecom, Djibouti Telecom, and Sudatel Group signed the Horizon...
Capital News

FIATA: Multimodal transport key...

The International Federation of Freight Forwarders Associations (FIATA) has warned that the era of...
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Capital News

Mines Minister warns industry: Prioritize environment...

Ethiopia's mining sector faces an "existential threat" unless companies immediately prioritize environmental protection and community safety, Mines Minister Habtamu...
Capital News

EEU expenses surge 75% amid network...

The Ethiopian Electric Utility (EEU) has reported a sharp 75% rise in regular operating expenses over the past six...
Editorial

Africa Beware:...

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

We are...

We are tired of the endless headlines that bring new deaths, the names of the fallen read out like...
Editorial

The “Board...

In a lavish ceremony at Davos on 22 January 2026, President Donald Trump unveiled his "Board of Peace" —...
Editorial

The Digital...

The digital world beckons today’s youth with an irresistible glow — endless streams of likes, viral challenges, and instant...
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Interview

‘Not Just an Event, But a Journey’

The 2027 FIATA World Congress, set to take place in Addis Ababa, is being positioned as far more than a prestigious industry gathering. In an exclusive interview with Capital, FIATA President Stéphane Graber stresses that the congress should be understood as the visible peak of a much longer process: a three‑year partnership through which the global freight forwarding body...
Interview

Farming as a Business, Not Survival

In this wide‑ranging interview, Capital sits down with Dagnachew Lule (PhD), Senior Director of Agricultural Commercialization Clusters (ACC) at the Ethiopian Agricultural Transformation Institute (ATI), to discuss how the 15‑year‑old institution has tried to shift Ethiopian agriculture from subsistence to market‑driven production. He reflects on ATI’s flagship ACC programme, the expansion of cluster farming from 0.6 million ha piloted...
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Vacancy & Bid

Invitation for BID

RTI is an independent organization dedicated to conducting innovative, multidisciplinary research that improves the human condition. Founded as a centerpiece of the Research Triangle Park in North Carolina in 1958, RTI offers innovative research and development and a full spectrum of multidisciplinary services. It has a worldwide staff of more than 6,000 people. Feed the Future Ethiopia Transforming Agriculture (FTF-ETA)...
Vacancy & Bid

Vacancy Announcement

Nib Insurance Company (S.Co.) invites competent and qualified applicants for the following vacant posts. SNPositionJob GradeMinimum qualification and experiencePlace of Assignment EducationExperience1Assistant Finance & Investment Department ManagerXIIAccounting or Accounting and Finance or Management or in related fields9 years relevant experience, of which 4 years in managerial positionAddis Ababa2Investment & Shareholders Accounts Division HeadXAccounting or Accounting and Finance or Management or...
Vacancy & Bid

United Nations Economic Commission for Africa REQUEST FOREXPRESSIONOFINTEREST(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: Procurement of Convex...
Vacancy & Bid

Terms of Reference

MSME Credit Risk Management Technical Assistance (TA) for MESMER Partner Financial Institutions ABOUT FC Africa Founded in Ethiopia and operating across the continent, FC Africa is a pan-African organization delivering complex economic development programs at scale. Established in 2006, FC Africa has grown into a trusted partner for governments, development partners, financial institutions, and private sector actors, known for execution discipline,...
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Arts and Culture

Fela Kuti becomes first African to get Grammys Lifetime Achievement Award

Recognition of late Afrobeat pioneer and political radical is the ‘anti-establishment being recognised by the establishment’. Three decades after his death, the “father of Afrobeat” Fela Kuti has made history by becoming the first African to get a Lifetime Achievement Award at the Grammys. The Nigerian musician, who died in 1997, posthumously received the commendation along with several other artists at...
Arts and Culture

Salwa Bakr Receives First BRICS Literature Award in Cairo

Egyptian writer and novelist Salwa Bakr has been named the inaugural laureate of the BRICS Literature Award, an international honor established to foster intercultural dialogue and promote shared humanistic values through literature. Bakr received the award at a ceremony held during the 57th Cairo International Book Fair, one of the largest literary gatherings in the Arab world. The event took...
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Business & Economy

When Progress Pushes Small...

In cities across the world, there’s a familiar narrative unfolding: beloved corner shops, family-run cafes, and long-standing local boutiques...
Business & Economy

The Prosperity Gospel And...

Across much of the Global South, and increasingly beyond it, the Prosperity Gospel has become one of the most...
Business & Economy

The Night-Time Economy

For decades, the night-time economy has been treated as a cultural add-on: something colourful, occasionally unruly, and largely peripheral...
Sports

UK runners arrive in...

A group of veteran UK runners, most aged over 55, has arrived in Addis Ababa to compete in the...
Sports

Is 1Win the best...

1win review 1Win continues to be one of the most sought-after solutions for Ugandan users interested in online betting and...
Sports

GameZone News for 2026:...

As the post-holiday slowdown settles and players reassess how they spend their time online, 2026 opens with a noticeable...
Opinion

Is AU willing to...

From an online post, a commentator asked an intriguing question: “If the African Union (AU) cannot create a single...
Opinion

Power Diffusion and the...

Today’s global political landscape does not clearly favour the old rules, nor does it seem committed to building a...
Opinion

The Expensive Myth of...

The morning sun did not so much rise over the Bole Lemi Industrial Park as it ignited the landscape....
Society

Mapping Ethiopia’s Clean Energy...

As the first light of 2026 breaks over the Ethiopian highlands, it does more than just illuminate a landscape;...
Society

Ethiopia’s Corporate Governance Code...

Ethiopia stands at a crossroads. The Ethiopian Capital Market Authority is building infrastructure for securities trading. Foreign investors are...
Society

Calls from champions of...

The struggle for survival often overshadows the pursuit of dignity and well-being. In such situations, extending a lifeline to...
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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