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Capital News

The Horizon Fiber Initiative:...

#Advertorial On February 4, 2026, Ethio Telecom, Djibouti Telecom, and Sudatel Group signed the Horizon...
Capital News

FIATA: Multimodal transport key...

The International Federation of Freight Forwarders Associations (FIATA) has warned that the era of...
News

IMF extends CBE’s compliance deadline due to lower FX receipts

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The deadline for the Commercial Bank of Ethiopia (CBE) to reduce its on-balance sheet net open position (NOP) by at least half has been extended to March 2026 due to lower-than-expected foreign currency inflows. This extension, highlighted in a recent International Monetary Fund (IMF) document, moves the original compliance deadline from the end of 2025. The adjustment follows a larger-than-anticipated NOP in the first quarter of the 2025/26 financial year, caused by weaker foreign exchange receipts, primarily from remittances, and increased demand for foreign currency, particularly from the private sector. To monitor progress against a revised plan that includes a contingency buffer, the National Bank of Ethiopia (NBE) and CBE have initiated weekly consultations. In addition, CBE has launched new initiatives aimed at mobilizing foreign exchange resources from diaspora communities, such as targeted remittance campaigns and...
Capital News

Mines Minister warns industry:...

Ethiopia's mining sector faces an "existential threat" unless companies immediately prioritize environmental protection and...
Capital News

EEU expenses surge 75%...

The Ethiopian Electric Utility (EEU) has reported a sharp 75% rise in regular operating...
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Capital News

NBE eases repatriation rules, boosting FDI...

The National Bank of Ethiopia (NBE) has announced that foreign investors can now fully repatriate dividends and other payments,...
Capital News

Plastic industry faces “existential threat” from...

Ethiopia's plastic manufacturing sector, a cornerstone of industrial growth for three decades that employs hundreds of thousands and recycles...
Editorial

Africa Beware:...

The continent that gave rise to humanity, endured the horrors of the transatlantic slave trade, and survived centuries of...
Editorial

We are...

We are tired of the endless headlines that bring new deaths, the names of the fallen read out like...
Editorial

The “Board...

In a lavish ceremony at Davos on 22 January 2026, President Donald Trump unveiled his "Board of Peace" —...
Editorial

The Digital...

The digital world beckons today’s youth with an irresistible glow — endless streams of likes, viral challenges, and instant...
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Interview

‘Not Just an Event, But a Journey’

The 2027 FIATA World Congress, set to take place in Addis Ababa, is being positioned as far more than a prestigious industry gathering. In an exclusive interview with Capital, FIATA President Stéphane Graber stresses that the congress should be understood as the visible peak of a much longer process: a three‑year partnership through which the global freight forwarding body...
Interview

Farming as a Business, Not Survival

In this wide‑ranging interview, Capital sits down with Dagnachew Lule (PhD), Senior Director of Agricultural Commercialization Clusters (ACC) at the Ethiopian Agricultural Transformation Institute (ATI), to discuss how the 15‑year‑old institution has tried to shift Ethiopian agriculture from subsistence to market‑driven production. He reflects on ATI’s flagship ACC programme, the expansion of cluster farming from 0.6 million ha piloted...
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Vacancy & Bid

EXPRESSION OF INTEREST (EoI)

External Auditor for 2025 Organizational Audit Women Development and Reliance Organization (WDRO) is a women-led national humanitarian and development organization registered in Ethiopia and recognized for its strong governance, professional management, and commitment to accountability. The organization implements integrated humanitarian and development programs that promote dignity, resilience, and sustainable livelihoods for vulnerable and marginalized communities. Guided by a clear vision, mission,...
Vacancy & Bid

REQUEST FOR PROPOSALS FOR

Rebidding of Lot-5 and 6 of Rehabilitation and upgrading of school WASH and Menstrual Health Management/MHM/ facilities for 4 Secondary Schools in Afar Region LRFP-2026-9200050 Topic- UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for Proposal (LRFP) for Rebidding of Lot-5 and 6 of Rehabilitation and upgrading of school WASH and Menstrual Health Management/MHM/ facilities for 4...
Vacancy & Bid

Invitation To Tender

For the supply of Supplementary Animal Feed Tender Reference - SCI-ET-2026-001 Save the Children International (SCI) invites qualified and experienced suppliers to submit sealed bids for the supply and delivery of Supplementary Animal Feeds for its KOICA project in Somali Region. Mandatory Requirements: •    Be legally registered and have a valid business license for Animal Feed production, or supply. •   A bid bond equivalent...
Vacancy & Bid

REQUEST FOR EXPRESSIONS OF INTEREST (REOI)

Country: Federal Democratic Republic of Ethiopia Client:National Bank of Ethiopia (NBE) Assignment Title:Design, Development, and Implementation of a Financial Transaction Data Exchange Platform with Integrated Anomaly Detection and Analytics System Selection Method:Quality and Cost Based Selection (QCBS) Procurement Reference No.: NBE/ICB/REOI/G/01/2026 1. Background The National Bank is undertaking a strategic initiative to strengthen its oversight, monitoring, and analytical capabilities across the financial market. As the central...
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Arts and Culture

Fela Kuti becomes first African to get Grammys Lifetime Achievement Award

Recognition of late Afrobeat pioneer and political radical is the ‘anti-establishment being recognised by the establishment’. Three decades after his death, the “father of Afrobeat” Fela Kuti has made history by becoming the first African to get a Lifetime Achievement Award at the Grammys. The Nigerian musician, who died in 1997, posthumously received the commendation along with several other artists at...
Arts and Culture

Salwa Bakr Receives First BRICS Literature Award in Cairo

Egyptian writer and novelist Salwa Bakr has been named the inaugural laureate of the BRICS Literature Award, an international honor established to foster intercultural dialogue and promote shared humanistic values through literature. Bakr received the award at a ceremony held during the 57th Cairo International Book Fair, one of the largest literary gatherings in the Arab world. The event took...
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Business & Economy

When Progress Pushes Small...

In cities across the world, there’s a familiar narrative unfolding: beloved corner shops, family-run cafes, and long-standing local boutiques...
Business & Economy

The Prosperity Gospel And...

Across much of the Global South, and increasingly beyond it, the Prosperity Gospel has become one of the most...
Business & Economy

The Night-Time Economy

For decades, the night-time economy has been treated as a cultural add-on: something colourful, occasionally unruly, and largely peripheral...
Sports

UK runners arrive in...

A group of veteran UK runners, most aged over 55, has arrived in Addis Ababa to compete in the...
Sports

Is 1Win the best...

1win review 1Win continues to be one of the most sought-after solutions for Ugandan users interested in online betting and...
Sports

GameZone News for 2026:...

As the post-holiday slowdown settles and players reassess how they spend their time online, 2026 opens with a noticeable...
Opinion

Is AU willing to...

From an online post, a commentator asked an intriguing question: “If the African Union (AU) cannot create a single...
Opinion

You Met Us at...

At the beginning of this year, I noticed a growing trend on social media: people sharing moments of “Becoming...
Opinion

Power Diffusion and the...

Today’s global political landscape does not clearly favour the old rules, nor does it seem committed to building a...
Society

Mapping Ethiopia’s Clean Energy...

As the first light of 2026 breaks over the Ethiopian highlands, it does more than just illuminate a landscape;...
Society

Ethiopia’s Corporate Governance Code...

Ethiopia stands at a crossroads. The Ethiopian Capital Market Authority is building infrastructure for securities trading. Foreign investors are...
Society

Calls from champions of...

The struggle for survival often overshadows the pursuit of dignity and well-being. In such situations, extending a lifeline to...
AfricaNews

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...
AfricaNews

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...

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