Sunday, April 5, 2026
Zemen Bank
wegagen capital updated
photo_2024-08-19_15-42-23
capital (550 x 90 px)
IMG_1124
Tesemex For Web.png2

Wingu Africa breaks barriers...

For the past decade, launching a technology-oriented business in Ethiopia has been a challenging...

Transport Minister calls on...

GAC Motor officially entered the Ethiopian market in 2025, launching New Energy Vehicles (NEVs)...

Three tankers unload in Djibouti, but IMF warns the Horn of Africa remains vulnerable to Gulf Turmoil

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...

Over 70% of smallholder...

Smallholder farmers, who are essential to Ethiopian agriculture, are losing over 70 percent of...

Mandatory escrow account system...

For years, Ethiopia's real estate sector—a multi-billion birr industry—has struggled with a lack of...
spot_img
spot_img
spot_img

Djibouti opens new ship repair yard

Djibouti, emerging as a leader in logistics and the blue economy in its region, has officially inaugurated a new...

Startups encounter sequential licensing bottlenecks across...

Startups are encountering a series of licensing bottlenecks at various levels of government administration. Although the Ethiopian government's ambitious...

WTO Accession:...

Ethiopia’s long-anticipated accession to the World Trade Organization now appears increasingly inevitable. After years of negotiation, recent efforts signal...

Fuel Shortage:...

Consultants like to say: a crisis is just a system revealing itself. Ethiopia’s fuel shortage is doing exactly that. The war...

The Quiet...

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

If Democracy...

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

Microfinance Must Go Digital or Face Irrelevance

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...

Ethiopian Airlines steadies amid gulf crisis

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...
spot_img

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....

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...

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...

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...
spot_img
spot_img
spot_img
spot_img

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...

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...
spot_img

Currency Supremacy In An...

The global contest over currency supremacy is often framed as a slow-moving structural shift which is a debate about...

Power, Temptation, and the...

In the upper tiers of corporate leadership, success is often narrated as a linear ascent driven by competence, discipline,...

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,...

Cancer survivors celebrated at...

A group of over 50 women who have survived cancer took part in the 2026 Safaricom Women First 5km,...

Great Ethiopian Run donates...

Great Ethiopian Run has officially handed over 4 million Birr to selected charitable organizations during a ceremony held at...

World Athletics Strips Five...

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

Capital markets will not...

For decades, the architecture of capital formation in Ethiopia has evolved without the presence of formal capital markets. Businesses...

Ballots over Bullets: Why...

At its heart, the story of modern civilization is a story about the triumph of ideas over force. From...

When War Becomes Its...

Wars are often presented as necessary long before they are understood. The unfolding U.S.–Israel conflict with Iran is being...

Hide and seek economics...

Ethiopia's land tenure system has evolved from imperial gult and rist privileges to the 1975 nationalization by the Derg...

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...

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...

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...