Ethiopia’s planned Agricultural Bank is expected to begin operations within the next three months, providing a dedicated source of financing for farmers and businesses in the agricultural sector, according to the Ministry of Agriculture.
Shimelis Tsegaye, Executive Director of Agricultural Mechanization at the ministry, told Capital that the lack of a specialised financial institution remains one of the major obstacles to modernising the country’s agriculture.
Agriculture contributes about 33 per cent of Ethiopia’s gross domestic product (GDP), but banks provide only around two per cent of the estimated 2.5 trillion birr needed each year to finance the sector, according to figures cited by the ministry.
Under the 10-year National Agricultural Finance Implementation Roadmap, the government plans to mobilise up to one trillion birr to expand agricultural financing.
Farmers and agricultural businesses have struggled to secure loans from existing...
As Ethiopia seeks to strengthen food security and adapt to climate change, debate is growing over the use of genetically modified and gene-edited crops, commercial seeds and synthetic agricultural inputs. Environmental advocates argue that expanding these technologies without strong oversight could put biodiversity, public health and farmers’ control over seeds at risk. They are calling for transparent, independent biosafety...
The Second Forum for Public-Private Partnership (PPP) Units in Africa opened in Addis Ababa under the theme, “Making Social Sector PPPs Work: From Policy Ambition to Effective Service Delivery.”
The two-day hybrid forum is co-organised by the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB) and the African Legal Support Facility (ALSF). It brings together PPP...
CALL FOR DISTRIBUTION OF PRODUCTS
1. Introduction
More than 5,000 shareholders founded Kegna Beverages Share Company (KBSC) in April 2017. The Company operates a state-of-the-art brewery with an installed capacity of 3 million HL, expandable to 6 million HL, near Ginchi town, West Shewa Zone, Oromia National Regional State. The Company produces high-quality alcoholic and non-alcoholic products, and intends to extend...
Bid No. HB/002/2026
Hibret Bank has a Head Office Building which has 32 floors in Lideta Sub City, Woreda 7, right at Senga Tera square. The Bank intends to lease the ninth floor and eleven rooms of various sizes located in Blocks "A" and "B" of Hibir Tower for office use. Accordingly, the Bank invites interested parties to submit offers...
1. The Somali Regional State Education Bureau invites sealed bids from qualified and eligible bidders for the procurement of the goods listed below.
DESCRIPTION REFERENCE NUMBERBID TYPEProcurement of DevelopingSchool Management SystemSREB/NCB/S/G/0017/2019NCB
2. Procurement Method and Bid SecurityBidding will be conducted through National Competitive Bidding (NCB) and is open to all interested and eligible bidders. Bid evaluation shall be determined in accordance...
ብርሃን ባንክ አ.ማ
Berhan Bank INVITATION FOR BIDS (IFB)
BID EXTENSION
NATIONAL COMPETITIVE BIDDING (NCB)
PROCUREMENT OF CONSTRUCTION WORKS
BERHAN BANK TRANSITIONAL HEAD OFFICE BUILDING
Procurement Reference No.: BrB/OCB/Building/2026/27/19
Berhan Bank S.C. would like to inform eligible and qualified Contractors for the bid for the execution of the Construction Works for the Transitional Head Office Building Project (3B + SB + G + 16) located...
Ethiopia’s fashion industry was represented at the fourth BRICS+ Fashion Summit, held in Moscow from September 28 to 30 as part of Moscow Fashion Week.
Mahlet Teklemariam, founder of Hub of Africa Fashion Week, represented the Ethiopian fashion sector as a panelist in a session titled “Fashion as a City’s Symbolic Capital.”
The discussion examined how fashion, cultural identity, craftsmanship and...
Mulu Legesse’s solo exhibition, “I Carry – Je Porte, ሙሉ,” opened to the public at Alliance Éthio-Française in Addis Ababa on October 8.
The exhibition, which runs until October 31, explores memory, identity, womanhood, motherhood and personal transformation through painting, collage, sculpture and installation.
The exhibition’s title draws on the meaning of the artist’s name, Mulu (ሙሉ), which means “whole,” “complete”...
Ethiopian Investment Holdings is right to demand stronger productivity, accountability and financial discipline from state-owned enterprises. But those objectives...
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...