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...
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...
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...
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...
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...
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...
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...
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...
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...
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...