Tuesday, October 8, 2024
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IMF set to approve...

In mid-October, the Executive Board of the International Monetary Fund (IMF) is anticipated to...

Chinese investors shift focus...

Chinese investors, who have significantly contributed to Ethiopia's economy with investments totaling approximately $5...

Concerns rise over franco-valuta policy as illicit forex market flourishes

It has been claimed that the Franco-Valuta openness policy, which was implemented in conjunction with the macroeconomic reform and liberalization of the FX market, has given illegal actors a way to channel foreign exchange through their illicit scheme. They said that it would be challenging for the authorities to taint the black market. Experts in the field, such as importers and bank executives contacted by Capital, claimed that those operating at major borders are the ones who create the illegal foreign exchange market. The government has liberalized the exchange rate in relation to the reform, which takes effect on July 29. This allows the market to establish the exchange rate based...

Indian Embassy halts medical...

The Indian Embassy in Ethiopia has suspended the issuance of medical visas due to...

Shortage of medicines escalates...

Ethiopia is currently grappling with a significant shortage of medicines, which has been attributed...
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Lemi National Cement unveils ambitious expansion...

Lemi National Cement, which was the first to invest a significant amount in a greenfield project and formally opened...

Ethiopia sees $2 Billion in new...

Ethiopia's private sector is experiencing a significant surge in investment, with over $2 billion committed to new projects following...

The cost...

Ethiopia is now a land where fear is currency and silence is the anthem. In an environment where dissent...

Ethiopia’s reform...

Ethiopia stands at a critical juncture as it considers implementing sweeping economic reforms similar to those that have recently...

Risky reforms

As the International Monetary Fund (IMF) recently approved billions in extended credit facility for Ethiopia, the country faces a...

FAKE EVERYTHING

Modern governments invariably lie and intentionally mislead their citizens at the various junctions of modernity’s tightly organized existence! In...

Transforming Africa’s Cultural Economy

In alignment with the African Union’s Agenda 2063, the Africa Creatives Alliance (ACA) has emerged as a transformative force for the continent's cultural and creative sectors. Officially launched at the inaugural Africa Urban Forum in Ethiopia, the ACA aims to harness Africa's immense creative...

Navigating Ethiopia’s evolving aviation landscape

In this exclusive interview, we sit down with Tewodros Tamrat Eshete, the Managing Partner of AFRI Aviation and a prominent figure in aviation law and industry analysis. With over 35 years of experience in the aviation sector, Tewodros has played a pivotal role in...
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Call for Proposals

Call for Proposals Ref. EURIKA/CFP/02/2023 FOR THE PROVISION OF A TRAINING OF TRAINERS (‘ToT’) ON PERMACULTURE DESIGN 'Eurika' Yebego Adragot Dirigit is a local non-governmental organization registered with the Ethiopian Agency for Civil Society Organizations (ACSO) under certificate No. 4377. Our social purpose is to pursue any action seeking a sustainable progress of children’s rights & well-being through humanitarian and development projects. Our new intervention, entitled ‘ResPreP’ (Comprehensive SGBV Response, Prevention & Preparedness Action in Conflict-Affected Areas of the Amhara Region), is funded by UN Women, the Women’s Peace & Humanitarian Fund coordinator, and notably seeks to empower women’s associations (WAs) in...

FIELD SUPPORT SERVICES PROJECT...

8TH FLOOR, AMAGA BUILDING, RAS LULSEGED STREET, ADDIS ABABA Request for Proposal (RFP) – Blended Finance Advisor A) About FSSP Ethiopia - WUSC The Field Support Services Project (FSSP) in Ethiopia is a project of Global Affairs Canada (GAC) managed by the World University Service of Canada (WUSC). WUSC is a leading Canadian international development organization whose mission is to foster human development and global understanding through education and training. WUSC works with and through its southern partners – government, civil society, and the private sector – to strengthen education systems, expand employment opportunities, and foster an environment in which the aspirations...

Donkey Muzzel

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Successful conclusion of China-Africa cultural cooperation and exchange month

The 2024 China-Africa Cultural Cooperation and Exchange Month has successfully wrapped up its series of events in Tanzania and Nigeria, reinforcing the cultural ties between China and Africa. This initiative aligns with President Xi Jinping's keynote address at the Forum on China-Africa Cooperation (FOCAC) Summit in Beijing, aiming to deepen the relationship between the two regions. Organized by the Bureau...

RLSD International Design award highlights sustainable fashion

The Real Leather. Stay Different. International Design Award recently concluded in London, showcasing innovative designs and a commitment to sustainable fashion. The event brought together designers from around the globe, emphasizing leather as a durable and eco-friendly material that intersects creativity with environmental responsibility. A standout moment of the evening was the recognition of Ruth Girmay, who was honored as...

Self-Congratulating Leadership and Organizational Culture

Self-congratulating leadership, often characterized by leaders who frequently highlight their own accomplishments and seek validation from others, is a troubling phenomenon in the modern...

The dilemma of prioritizing aesthetics over economic vitality in...

Urban planning is a delicate balance between various competing interests, among which aesthetics and economic vitality are often at the forefront. While a visually...

The Issue of Megalomaniac Leadership and Economic Development

Megalomaniac leaders are those who exhibit extreme self-centeredness, a grandiose sense of their own importance, and a craving for excessive admiration. Their leadership styles...

Lessons Learned from My Time in Bitcoin Casinos

Bitcoin casinos have surged in popularity over the past few years, transforming the way players experience online gambling. As cryptocurrency continues to gain traction...

The Role of Virtual Reality in Bitcoin Gambling Experiences

In recent years, the integration of virtual reality (VR) into online gambling has created a new frontier in the gaming world. With the surge...

Exploring New Blockchain Solutions for Bitcoin Gambling: The Rise...

As cryptocurrency continues to revolutionize the global financial landscape, it has also carved out a niche in the online gambling industry. Bitcoin gambling, in...

BRICS Summit 2024: An important event

The BRICS Summit will be held in Kazan, the capital of Tatarstan, a Russian city located at the confluence of the Volga and Kazanka...

Cultivating a Culture of Peace

The International Day of Peace, officially known as “World Peace Day,” is celebrated on the 21st of September annually. This day which was established...

The role of Liberal Arts education in Ethiopia..

Open Letter to the Minister of Education. Dear Dr. Birhanu, First, let me congratulate you on your courageous and admirable work in the last few years...

Import Substitution: A critical strategy for Ethiopia’s economic future

Ethiopia’s economy has faced persistent challenges in recent years due to heavy reliance on imports of essential goods, including fertilizers, fuel, edible oil, sugar,...

Why African Ministries of Health Should Support the Pan...

As Africa strides towards self-reliance in health security, the Pan African Supply Chain Awards emerge as a crucial platform. These Awards not only recognise...

Vocational Education Empowers Future Employment

—Ethiopia Dayu School Enrollment Initiation In recent years, with the continuous deepening of the Belt and Road initiative, the exchanges between China and Ethiopia have...

Mantashe to attend major AOW energy event

South Africa’s Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October. AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa’s energy future. This year’s event will feature more than 1 600 senior delegates, 80 ministers and officials from...

The Gambia’s Minister of Petroleum and Energy Joins African...

On the back of major investments from multilateral finance institution the African Development Bank, The Gambia is poised to increase its electrification rate to 70% – 50% in rural areas – by the end of the year. In the wake of the country’s burgeoning energy sector, The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at this year’s African...