Sunday, June 28, 2026
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AGI

From Quarry Town to...

YUCUN, China – Nestled among breathtaking mountain landscapes, a charming artisan shop called Family...

Zemen Bank to provide...

Zemen Bank, renowned for delivering modern banking services through innovation and technology, has announced...

MPC expected to hold credit cap as inflation rebounds despite falling money market rates

The National Bank of Ethiopia's (NBE) Monetary Policy Committee (MPC) is expected to maintain its current monetary policy stance at its meeting next week, with market observers anticipating no immediate changes to the country's bank credit growth cap despite renewed calls from industry experts to ease lending restrictions for key productive sectors. The meeting comes as Ethiopia's macroeconomic indicators send mixed signals. While inflation has resumed its upward trajectory after briefly falling into single digits, money market interest rates—including Treasury bill (T-bill) and Open Market Operations (OMO) yields—have declined sharply, with some falling into single-digit territory. Financial sector experts argue that these conflicting trends warrant a reassessment of the NBE's blanket credit growth restrictions, particularly for export-oriented industries, manufacturing, agribusiness, and other productive sectors that are considered less inflationary. The central bank had previously announced plans to...

Austria expands influence in...

To strengthen bilateral relations and foster sustainable development, the Republic of Austria has unveiled...

The Fabric of Innovation:...

In the bustling Keqiao District of Shaoxing (Zhejiang Province), the sheer scale of global...
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World Bank-Backed 3 Billion Birr Project...

The Ethiopian Electric Utility (EEU) has officially signed a 3 billion birr grid rehabilitation and upgrade agreement with two...

Taza Legal Moves to End Ethiopia’s...

Four Ethiopia's prominent law offices have officially merged forces to create a major institution named Taza Legal LLP. This...

Ethiopia needs...

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

South Africa’s...

South Africa’s recurring attacks on foreign nationals are no longer just a domestic embarrassment; they are a continental wound....

Africa needs...

Africa does not suffer from a shortage of summits, forums, conferences or high-level gatherings. It suffers from a shortage...

Africa can...

Africa’s debt crisis will not be solved by borrowing alone, nor by waiting for rescue from outside the continent....
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Green Motion Ethiopia rides EV shift in Addis

Following Ethiopia’s historic decision in 2024 to ban the import of internal combustion engine (ICE) passenger vehicles, the domestic transport and logistics sectors have been forced into a rapid and mandatory transformation. While many traditional industry players viewed the sudden shift to electric mobility with concern, forward-thinking entrepreneurs saw it as a major and timely opportunity. At the forefront of...

‘Africa’s agricultural future is already here’

In an interview with Capital’s Groum Abate in Rwanda, Bayer’s Head of Global Public Affairs, Max Müller, argued that Africa’s development challenges are too often shaped by outside assumptions, rigid models and underestimation of local realities. He said the continent’s agricultural promise is not a distant possibility but a present reality, driven by farmers, technology and growing innovation across...
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REQUEST FOR PROPOSALS FOR

REHABILITATION/RECONSTRUCTION OF WASH FACILITIES FOR 8 SCHOOLS IN THE TIGRAY REGION  LRFP-2026-9204518 Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for Proposal (LRFP) for Rehabilitation/Reconstruction of Wash Facilities For 8 Schools in The Tigray Region Details of this bid's requirements and eligibility criteria can be found in the bid document. Interested and eligible bidders can get the...

Tender Notice

Date: 19 June 2026 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      1  Request for Quotation   ETH-UNHCR RFQ 3074 -  For Consultancy for Legal Analysis and Due Diligence on Refugee Occupancy Rights, Housing, and...

EXPRESSION OF INTEREST (EoI)

External Auditor for  July 2025 to 2026 June  Organizational Audit The SIRAD Institute for Research and Development (SIRAD) is a leading civil society organization in Ethiopia dedicated to uniting communities to develop and implement sustainable livelihoods, evidence-based solutions for peace, social cohesion, Capacity building, and empowering women and youth for inclusive development. In addition to its peacebuilding efforts. Guided by a...

CALL FOR EXPRESSIONS OF INTEREST (EOI)

Development of a Methodology for Societal Peacebuilding Through Economic Resilience and Livelihoods Initiative Africa (IA) invites qualified consulting firms, research institutions, think tanks, universities, civil society organizations, and consortiums to submit Expressions of Interest (EOI) for the development of an innovative methodology aimed at strengthening societal peacebuilding through economic resilience, livelihood creation, and the delivery of essential goods and services. The...

Taking Cover

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Ethiopian-Armenian Museum Debuts with High-Level Diaspora Dialogue

In a major celebration of cross-cultural heritage, the Armenian Cultural Center in Addis Ababa officially opened the History Museum of the Ethiopian-Armenian community on June 20. The landmark event was paired with a high-level diaspora dialogue featuring Zareh Sinanyan, Armenia’s High Commissioner for Diaspora Affairs.Co-organized by the Embassy of Armenia in Ethiopia and the Executive Council of the Armenian...

Exclusion from Investment Code Identified as Main Obstacle to Ethiopia’s Creative Industry

Stakeholders say the main obstacle facing Ethiopia’s cultural and creative industries is not a lack of government funding, but the sector’s exclusion from the national investment code. They argue that although the industry has strong potential to generate foreign exchange and create jobs, the absence of legal recognition within the country’s commercial framework has prevented the creative economy from emerging...
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The Political Economy of...

Few political figures have so successfully transformed business deal-making into a political brand as President Donald Trump. Long before...

The PhD Cabinet: Why...

In contemporary governance discourse, the idea of a “PhD Cabinet” has emerged as both an aspiration and a provocation....

Marketing in a Data-Driven...

The marketing world is changing fast. Say goodbye to intuition and artistic instinct. The modern marketer requires a radically new...

Matchday in the App...

A football match used to live in a few places at once. The game was on television, the score...

Online Jili Games: How...

Online Jili games continue to expand in popularity as digital entertainment shifts toward mobile-first platforms and structured gaming systems....

GameZone Tongits Win Like...

What really separates a casual Tongits player from a true champion? It’s not just luck—it’s how you think, plan,...

Building the next generation...

“The future of Africa’s climate is not something we wait for – it is something we build.” In a...

Beyond Discounts: Building a...

#Advertorial The electronic taxi industry in Ethiopia has grown rapidly over the past decade, transforming the way people move around...

China’s new governance pitch...

Beijing has a familiar message for a fragmented world: the global system is under strain, but it does not...

Anchoring inflation expectations in...

Just about three weeks ago, the IMF issued a press release to announce the conclusion of the fifth review...

Reclaiming Ethiopia’s export sovereigntyMastering...

The most recent operational framework governing the export of fruits, vegetables and herbs by air cargo from Ethiopia reveals...

Beyond Borders

Afrophobia, broken trust and Africa’s unfulfilled promise I still remember the silence. It was in the midst of the xenophobic attacks...

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...