The International Monetary Fund (IMF) has issued a warning that Eastern African economies remain at significant risk due to their ties to the Gulf, even as three vessels carrying 143,000 metric tons of jet fuel and gasoil have recently docked in Djibouti.
In its analysis released earlier this week, the IMF highlighted that nations in the Horn of Africa—Ethiopia included—are grappling with diminished demand for service exports, logistical challenges, and declining remittances, all stemming from their reliance on trade with Gulf countries.
The IMF also pointed out that ongoing conflicts could impact the global economy in multiple ways, leading to increased prices and slower growth.
Ethiopia is currently facing noticeable oil shortages, with reports indicating a significant decrease in truck movements due to the fuel crisis. Sources informed Capital that the lack of diesel fuel, essential for...
Ethiopia’s long-anticipated accession to the World Trade Organization now appears increasingly inevitable. After years of negotiation, recent efforts signal...
Teshome Kebede, Director of the Association of Ethiopian Microfinance Institutions (AEMFI), warns that the sector stands at a "structural turning point." With foreign banks and fintechs entering Ethiopia’s newly liberalized market, MFIs must embrace digital transformation or risk marginalization.
In this exclusive interview ahead of AEMFI’s landmark 26th anniversary conference at UNECA, Teshome outlines the urgent "Next Generation" agenda: financial...
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...
FOR PREQUALIFICATION FOR PRE-DELIVERY INSPECTION SERVICES
Due date: 29th April 2026
The United Nations Children's Fund (UNICEF) Ethiopia Country Office invites Request for Express of Interest (REoI) for the pre-qualification of bidders for the Pre-Delivery Inspection Service as part of UNICEF-supported programmes and operations in Ethiopia.
ELIGIBILITY REQUIREMENTS:
This REOI for Prequalification is open to all companies registered and having a valid business...
Sale of unserviceable Laptops, Printers, Digital Senders, Cartridges, Desktops and Monitors
REF. PRO32-3-748-PMU/26-4-1
The United Nations Economic Commission for Africa (UNECA) invites interested bidders to participate in a closed bid exercise for the Sale of unserviceable Laptops, Printers, Digital Senders, Cartridges, Desktops and Monitors.
The bid is to be sold “as is, where is” without recourse to warranties of any kind. Bid...
Procurement of ICT and Connectivity Equipment
UNDP-ETH-00691
Negotiation: UNDP-ETH-00691
The United Nations Development Programme (UNDP), in Ethiopia hereby invites you to submit your proposal to the Request for Quotation (UNDP-ETH-00691) for the Procurement of ICT and Connectivity Equipment (Laptops; Noise-Canceling Headset; Large Display Screens; Interactive Smart Display -Magic Screen; HDMI / Display Connectivity System; Network Router; Network Switch; UPS Units /Workstations/; ...
Invention for local competitive bidders
Somali Regional State Education Bureau invites all interested & eligible bidders for the
following
1: Procurement of indoor playing and pre-primary school aged students chairs
With ref: SRS/NCB/REB/0026/2018
1. Suppliers must have a valid Trading License Renewed for 2018 EFY, Tax clearance
Certificate valid until the date of dead line of bid submission and Vat registration/tin/supply
certificate for each lot. Bidders...
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...