Monday, October 7, 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...

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...

Driving Africa’s Economic Integration: A Conversation...

In this exclusive interview with CAPITAL, Kebour Ghenna, the Executive Director of the Pan African Chamber of Commerce and Industry (PACCI), shares his vision on Africa’s journey toward economic integration through the African Continental Free Trade Area (AfCFTA). Kebour Ghenna sheds light on the...
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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...

Selfie

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ETGPA hosts third annual photo exhibition

The Ethiopian Tourist Guides Professionals Association (ETGPA) has successfully held its third annual photo exhibition, showcasing the stunning landscapes, rich cultural heritage, and unique wildlife of Ethiopia. The event, which took place in Addis Ababa, serves as a testament to the country's breathtaking beauty and diversity while aiming to revitalize tourism in the region. This year's exhibition featured captivating works...

New documentary “Atete Ayana Hauta” highlights role of women in Oromo society

A groundbreaking documentary film titled "Atete Ayana Hauta" has been officially released, showcasing the unique traditions, philosophies, and historical significance of women in the monastery system and Oromo society. Launched on September 18, 2024, at the Sheraton Addis Hotel, the film represents a significant investment of over 4 million birr and aims to educate audiences about the vital role...

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...

Business and City Beautification: A Double-Edged Sword

Alazar KebedeCity beautification projects have long been touted as essential for urban renewal, making cities more attractive to residents, tourists, and investors. From planting...

Melbet Website Overview in Ethiopia

Melbet has been the top choice for betting enthusiasts in Ethiopia over the past few years. Players can enjoy the vast range of betting...

Sports Betting Guide at 1win

Players in Ethiopia who have been looking forward to a betting platform which provides them with sports betting can surely take a look at...

Giant striker Kofi signed top tier Mekele Seba-Enderta

Ethiopian Premier League side Mekelle 70 Enderta FC have successfully secured the signing of Ghanaian forward Kofi Kordzi. The former Hearts of Oak and Legon...

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...

The Rise of Digital Economies in Africa: A New...

Africa is undergoing a significant transformation with the rapid growth of its digital economy. This shift is powered by technological advancements, increased internet penetration,...

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...

FOCAC’s Partnership Action for Trade Prosperity:

A Significant Boon for Ethiopia The 4th Summit of the Forum on China-Africa Cooperation (FOCAC), held in Beijing from September 4 to 6, 2024, brought...

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...