Sunday, March 22, 2026
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Capital News

Microfinance association seeks extension...

The Association of Ethiopian Microfinance Institutions (AEMFI) has requested additional time for its member...
Capital News

MoPD urges gender-responsive budgeting...

To tackle the disproportionate effects of environmental crises on vulnerable populations, the Ministry of...
News

Foreign currency reserves surge over 209% as CBE undergoes major institutional, lending policy overhaul

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The Commercial Bank of Ethiopia (CBE) has reaffirmed its position at the forefront of the financial industry, bolstered by new capital and a strong balance sheet following the resolution of state-owned enterprise (SOE) obligations. This revitalization at the micro level is reflected in macroeconomic success: the fiscal year 2024/25 has concluded with a notable improvement in the country's current account balance, highlighting a period of significant economic stabilization. The recently released third edition of the Financial Stability Report reveals that CBE's systemic importance gained considerable traction during the fiscal year ending June 30, 2025. The report, which offers a thorough assessment of the Ethiopian financial sector's health, credits this growth to the implementation of bold macroeconomic reforms during the period. According to the report, Ethiopia's only systemically important bank (SIB) increased its market share, reversing a...
Capital News

NGOs urge EU to...

Ethiopian civil society leaders and international health advocates have united to deliver a strong...
Capital News

Mohan Plc executes Ethiopia’s...

In a historic milestone for Ethiopia's export sector, Mohan Plc has successfully completed the...
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Capital News

Austria, Ethiopia deepen partnership with ‘Green...

Austria and Ethiopia are elevating their century‑old diplomatic ties with a new focus on sustainable mining, positioning environmental protection...
Capital News

Ethiopian Airlines to Open Four New...

Ethiopian Airlines Group has announced plans to open four new domestic airports within the next two months. CEO Mesfin...
Editorial

The Quiet...

Wars have a way of traveling. They begin with missiles and statements, far from home, but they arrive quietly, in...
Editorial

If Democracy...

A war on Iran, driven primarily by the US and Israel, would expose a deep contradiction: the selective application...
Editorial

March 8...

Every year on March 8, the world performs a familiar ritual. Governments issue statements, corporations launch social media campaigns,...
Editorial

When an...

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

“I Walked Into Fire”: 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 by the voices of victims’ families—and the weight...
Interview

Mission 300: Unlocking Electricity Access for 300 Million Africans by 2030

As Africa races toward the 2030 sustainable energy targets, the challenge of connecting hundreds of millions to electricity remains immense. Cassady Walters, Vice President for Power at The Rockefeller Foundation, is spearheading one of the continent’s most ambitious initiatives: Mission 300. In this exclusive Capital interview, Walters explains how strategic “seed capital” and strengthened Compact Delivery and Monitoring Units (CDMUs)...
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Vacancy & Bid

Tender IGAD German Cooperation

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....
Vacancy & Bid

SOMALI REGIONAL EDUCATION BUREAU

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...
Vacancy & Bid

Notice of Deadline Extension for Request for Expression of Interest (REOI)

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...
Vacancy & Bid

DERBA MIDROC FOUNDATION

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...
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Arts and Culture

France honors Ethiopian music legend Girma Beyene with Prestigious Arts and Letters Title

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...
Arts and Culture

Ethiopian, Nigerian and Moroccan Filmmaker Gets 2025 Hubert Bals Fund Co-Production Support

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...
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Business & Economy

From Check-Out to Check-In:...

In the global imagination, hotels are symbols of movement, transient spaces where journeys pause briefly before continuing. In Ethiopia,...
Business & Economy

COP32 as a Youth...

When Ethiopia confirmed it would host COP32 in 2027, the announcement was rightly framed as a diplomatic achievement. It...
Business & Economy

Humanizing Economic Development

Few ideas have cast as long and troubling a shadow over economic thinking as Social Darwinism. Emerging in the...
Sports

World Athletics Strips Five...

World Athletics and the Athletics Integrity Unit (AIU) have disqualified five World U20 records previously held by Ethiopian athletes,...
Sports

Ethiopia to Host World...

Ethiopia has been officially selected to host an international athletics competition for the first time, with Addis Ababa set...
Sports

Yohannes Names Backroom Staff...

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

Ethiopia’s ESG Infrastructure: Early...

Ethiopian coffee farmers are racing against time to provide GPS coordinates for every plot. Under EU regulations taking effect...
Opinion

Ethiopian pays more for...

Why? The existing infrastructure in Ethiopia requires significant improvement to effectively support logistics activities. The country’s lack of direct access...
Opinion

The art of Reconciliation...

Truth independence get weakened if alloyed with falsehood. Forged Lies distort perception creating unreal and confusing asymptote twisting the...
Society

Ethiopia’s drive toward fiscal...

The Ethiopian government has embarked on fiscal consolidation effectively since FY2022/23 but more strictly after it embraced the IMF’s...
Society

The Confluence of Geopolitical...

These days, the U.S.-China relationship is characterized by intense rivalry, high-stakes trade disputes and significant interconnected economic ties. These...
Society

Strives to create mental...

Mental illness is one of the most misunderstood diseases worldwide. The situation in Ethiopia is no different. There are...
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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