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ESL sets sail toward expansion with new ultramax vessels

admin - April 22, 2024 0

The Ethiopian Shipping and Logistics (ESL) has renewed hopes for building two additional ships at the Chinese shipyard after...

Feature

EEU to enhance services for its prepaid electricity users

The Ethiopian Electric Utility (EEU) is set to revolutionize the experience for nearly 900,000 prepaid electricity customers with the development of a new $48...

Feature

ESL confronts Sugar Industry Group over unpaid debts

The Ethiopian Shipping and Logistics (ESL) blasts the Ethiopian Sugar Industry Group (ESIG) for unpaid arrears that the latter failed to pay. The state-owned...

Feature

Court rules in favor of Al Amoudi in Bole Tower dispute

In the ongoing legal saga between billionaire Sheikh Mohamed Ali Al Amoudi and his ex-partner and close friend Abinet Gebremeskel, a judge has ruled...

Feature

Banking sector faces liquidity risks due to high depositor concentration, Central Bank Report Warns

The financial sector is said to be threatened by a significant depositor concentration in the banking sector.A new report launched by the National Bank...

Local News

Wingu Africa becomes Ethiopia’s first certified data center

Wingu Africa Group Limited, a leading data center provider in Ethiopia, has achieved a significant milestone by becoming the first in the country to meet international standards, with an...

Local News

From conflict to classrooms: Rebuilding Tigray’s schools and education system

Tigray, once celebrated for its thriving education system, now bears the scars of a devastating war that has left its schools shattered and in ruins. The impact on education,...

Local News

Implementing new standards to address the lack of care-leaving policy

Recent evaluations have shown that the services provided to orphans in childcare facilities across Ethiopia fall short of necessary standards, highlighting significant gaps in...

Local News

Sub-Saharan Africa displays resilience amidst global economic slowdown, IMF Report Shows

Sub-Saharan Africa has showcased remarkable resilience in the face of a sluggish global economy, according to the latest World Economic Outlook report released by...

Editorial

ETHIOPIA & THE HORN I

It seems the current definition of the Horn doesn’t include the two Sudans. A while back the whole Sudan was considered part of the Horn, but that conception seems to have...

Vacancy and Bid

Editorial

Rise of Pseudoscience

In the midst of late modernity, a troubling trend has emerged, one that threatens to undermine the very foundations of rational thought and scientific...

Editorial

Combating corruption?

Once upon a time, we prided ourselves on our perceived moral superiority, casting judgment on the corruption plaguing other African nations. However, the harsh...

Vacancy & Bid

UNITED NATIONS DEVELOPMET PROGRAMME (UNDP) No.PostCONTRACT TYPEPROCUREMENT REF. NO. Brief Job/Consultancy Description & Web-link for detailed advertSubmission deadline1Recruitment of a National Individual Consultants to Conduct...

Vacancy & Bid

BID NOTICE

The International Rescue Committee, Inc. (IRC) is a private international, nonsectarian, voluntary organization providing relief, protection and resettlement services for refugees and victims of...

Vacancy & Bid

Invitation to Bid

OMICRON ENGINEERING PLC, hereinafter called the “Employer” invites all Contractors of Category GC-5 or BC-5 and above registered with the Ministry of Infrastructure with...

Vacancy & Bid

Call for consultancy services

The Horn Economic and Social Policy Institute (HESPI) is an independent and autonomous socio-economic policy research and institutional capacity building organization working in the...

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Interview

Rémi Maréchaux, The French Ambassador to Ethiopia, Reflects on transformative tenure amid Ethiopia’s conflicts and collaborative projects

In this exclusive interview with Capital’s Groum Abate, Rémi Maréchaux, the French Ambassador to Ethiopia, digs into the intricacies and challenges of his tenure...

Interview

Gates Foundation CEO shares insights on Ethiopia visit and foundation’s ongoing commitment to Africa

Mark Suzman, CEO of the Bill & Melinda Gates Foundation, is scheduled to visit Ethiopia from April 22 to April 26, 2024. His trip...

Interview

Navigating logistics challenges and opportunities

Interview

Crusading against exploitation: Combatting drug trafficking

Art & Culture

Arts and Culture

The LAB returns with explosive performances, futuristic vibes

The LAB with Yohannes Hadish is an explosive music series that offers one of the most anticipated and sought-after music experiences in Addis Ababa. It started at Labrina Restaurant...

Arts and Culture

What’s Out Art Sale Event celebrates 19 years with a vibrant showcase at Hilton Addis

The "What's Out Art Sale Event," now in its 19th year, is set to dazzle art enthusiasts at the Hilton Addis this weekend. This esteemed gathering will feature more...

Arts and Culture

Renowned Ethiopian singer Muluken Melesse passes away at 70

Muluken Melesse, a celebrated figure in Ethiopian music, has died at the age of 70. His death was confirmed by his family on April...

Arts and Culture

Dazzling Congolese Dance Performance Closes Francophonie Day Celebrations in Addis Ababa

Addis Ababa came alive with the vibrant beats and moves of the Mboka Mboka Dance Performance, held at the Alliance Ethio-Française on Saturday, March...

Sports

Sisay Lemma got redemption winning Boston Marathon

Ethiopia’s Sisay Lemma and Kenya’s Hellen Obiri were victorious at the Boston Marathon, winning the World Athletics Platinum Label road race in 2:06:17 and 2:22:37 respectively. For Sisay Lemma, it...

Sports

Usain Bolt’s 22-Year Record Shattered By 16-Year-Old Jamaican

A Jamaican teenager has made history by breaking Usian Bolt’s world record in the Under-17 400m event. Nickecoy Bramwell has shattered the eight-time Olympic gold medallist’s time by 0.07 seconds....

Sports

Ethiopian Ruti Aga breaks course record in Daegu

Ruti Aga chopped 48 seconds off the course record at the Daegu Marathon, winning the World Athletics Gold Label road race in 2:21:08. Kenya’s Stephen Kiprop,...

Sports

50000 Dollar incentive for Olympic Gold medal winner

In a landmark decision, World Athletics announced it will become the first international federation to award prize money at an Olympic Games, financially rewarding...

Enterprenuers

Entrepreneurs

Name: Firew Lakew

Education: Diploma in Auto-Electric and Graphics Design Company Name: Gorvi Mirror and Crafts Title: CEO Founded in: 2023 What it Does: Specializes in mirror design and crafts Headquarters: Addis Ababa Startup Capital: 50,000 birr Current Capital: ...

Entrepreneurs

Name: Tirsit Shiferaw

Education: Master's Degree Company Name: Kelem Ethiopia Tourism Promotion Title: Co-Founder and General Manager Founded in: 2022 What it does: Promotion of tourism destinations Headquarters: Addis Ababa Startup Capital: 300,000 birr Current Capital: Growing Number of Employees: ...

Entrepreneurs

Name: Sihine Negede

Education: Tertiary level Company Name: Lem Chaka Agro Industry Title: Co-founder and CEO Founded in: 2021 What it does: Transforming food waste into organic fertilizer Headquarters: Addis Ababa Startup Capital:...

Entrepreneurs

Name: Azeb Assefa

Education: MA in Marketing Management Company Name: Axis Marketing Services plc Title: Managing Director Founded in: 2012 What it does: Provides consultancy in Marketing and Business Development Services Headquarters:...

Opinion

Society

Opinion

Time to stop the manmade disaster in Sudan

By Josep Borrell Fontelles “The world’s worst, most complex and cruel crisis”, is unfolding in Sudan without making it into onto our prime-time news, according...

Opinion

WE PROTECTING OUR PEOPLE — PUTIN’S INTERVIEW TO CARLSON

On February 9, Russian President Vladimir Putin gave an exended interview to the famous American journalist Tucker Carlson. This interview became a real breaking...

Society

Ethiopia’s Monetary Policy: A Historical Perspective on Currency and Inflation

Like in many other countries, Ethiopia's economic growth and stability have been significantly shaped by the way monetary policy is managed. Ethiopia has had...

Society

Exponential risk of financial crime

When digital businesses are welcomed, they have created an even greater number of uncertainties. This demands that CEOs and business leaders prioritize innovation as...

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Africa News

AfricaNews

United States of America: Principal Deputy Assistant Secretary for Economic and Business Affairs Amy Holman Travel to Abidjan, Côte d’Ivoire

Principal Deputy Assistant Secretary (PDAS) for Economic and Business Affairs Amy Holman traveled to Abidjan, Côte d’Ivoire April 15-17 to engage with the creative industries and to provide U.S. government support...

AfricaNews

Food and Agriculture Organization of the United Nations (FAO) warns of maize shortfall across Southern Africa

Cereal production prospects in Southern Africa have taken a sharp turn for the worse since last February, the Food and Agriculture Organization of the United Nations (FAO) warned today (Monday/Tuesday). The...

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