The Ministry of Finance aims to raise 197.2 billion birr through Treasury bill (T-bill) auctions during the first quarter of Ethiopia's 2026/27 fiscal year. This initiative comes as government borrowing costs continue to decline and the National Bank of Ethiopia (NBE) increasingly employs market-based monetary policy instruments, including repurchase (repo) operations.
According to the ministry's auction calendar, seven T-bill auctions are scheduled between July 8 and September 30, 2026. The largest single issuance, valued at 40 billion birr, is slated for August 5.
The fiscal year's inaugural auction on July 8 successfully raised 30.71 billion birr at an average yield of 9.2 percent. This marks a return to single-digit T-bill rates after an extended period of elevated borrowing costs.
Treasury bill yields had already been trending downward in the previous fiscal year, reaching an average of 11.7...
In this exclusive interview with Capital, economist and banking expert Eshetu Fantaye examines the National Bank of Ethiopia’s shift from bank credit caps to a reserve requirement-based framework, arguing that the real test will be whether lending is redirected toward productive sectors rather than government debt and speculative activity. Excerpts;
Capital: The National Bank has lifted the credit cap for...
As Ethiopia marks the 60th anniversary of its Wildlife Conservation Authority, global attention is turning to Addis Ababa, where one of Africa’s most respected wildlife experts will help frame the conversation on the future of conservation on the continent. Dr. Laurie Marker, founder and executive director of the Cheetah Conservation Fund, will travel to Addis Ababa on July 20...
For the Establishment of Long Term Agreement (LTA) for the Provision of Human Resources Management, Financial Management and Travel Arrangements for Third Party Contracted Personnel (TPCP) in Ethiopia
LRPS-2025- 9205108
UNICEF (Ethiopia) wishes to request eligible bidders to participate to Invitation to Bid (LITB) Establishment of Long Term Agreement (LTA) for the Provision of Human Resources Management for Third Party Contracted...
purchase of 1 Electric vehicle
The Specification of the car to be purchased is:
GAC Aion i60 — 530 km Pure-Electric Variant (2025 model / 2026 production)
- Body type: 5-door compact crossover SUV, 5 seats
- Length × Width × Height: 4,685 × 1,854 × 1,660 mm
- Wheelbase: 2,775 mm
- Curb weight: approx. 1,800–1,910 kg
- Powertrain: Battery electric (BEV), front-motor, front-wheel drive
-...
The IRC-Ethiopia Program has been working in Ethiopia since 1999 and is implementing integrated, community-managed programs aimed at improving the quality of life and recovery of livelihoods for disaster-affected populations through promoting individual participation, strengthening institutions, and enhancing emergency response.
IRC Ethiopia Program has been operating in Gambella, Benishangul Gumuz, Tigray, SNNPR, Sidama, Somali, and Oromia regions on refugee assistance...
Some of Africa’s most accomplished contemporary artists will converge in Addis Ababa on July 29 for one of the continent’s largest international cultural showcases, as the “Unity” exhibition opens alongside the inaugural World Public Summit Africa on July 29–30, 2026.
Featuring artists from 16 African countries, the exhibition forms the cultural centerpiece of the summit and showcases the richness, diversity...
A meaningful stage honoring the sacrifice and solidarity of nations that fought in the Korean War was held at Gwanghwamun Square in Seoul, featuring a performance by descendants of Ethiopian Korean War veterans.
On the afternoon of the 22nd, the cultural exchange performance "Courage of That Day, Song of Today" was held at the Garden of Gratitude in Gwanghwamun Square,...
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...