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Capital Ethiopia Jul 1, 2026

The CPC on its 105th anniversary: Longevity by design, not chanceBy our staff reporter

In politics, survival over a century is rarely accidental. More often, it signals an ability to adapt, consolidate, and deliver. The Communist Party of China (CPC), now 105 years old, stands as one of the clearest examples of this principle in practice. At a time when many political parties struggle...
Capital Ethiopia Jul 1, 2026

Awash Bank Prepares to Expand into Neighboring Countries; Awaits Central Bank Approval

Awash Bank, a renowned institution in Ethiopia, has officially announced its intention to expand beyond national borders into other regional markets. The bank has confirmed that it has submitted a formal request to the National Bank of Ethiopia (NBE) to realize this goal. Tsehay Shiferaw, CEO of Awa...
Capital Ethiopia Jul 1, 2026

Bethesda American Medical Plaza Becomes Ethiopia’s First JCI-Accredited Hospital

Bethesda American Medical Plaza has officially become the first healthcare institution in Ethiopia to earn accreditation from the Joint Commission International (JCI). The milestone, announced during a ceremony celebrating the hospital’s first anniversary and its new credential, represents a signi...
Capital Ethiopia Jun 30, 2026

Bondholder Committee Blasts IMF, Official Creditors Over “Grossly Flawed” Ethiopian Debt Analysis

The Ad Hoc Committee of Bondholders has launched a blistering critique against the International Monetary Fund (IMF) and the Official Creditors Committee (OCC), accusing them of relying on “grossly flawed” economic projections that forced Ethiopia into an unnecessary, two-and-a-half-year...
New Business Ethiopia Jun 29, 2026

Ethiopia Earned $117 Million from Livestock Products Export

Ethiopia earned more than $117 million from the export of livestock products during the first 11 months of the current fiscal year, according to Dr. Asrat Tera, Director General of the Ethiopian Livestock Development Institute. Ethiopia generates foreign currency by processing and exporting various ...
New Business Ethiopia Jun 29, 2026

Ethiopia Earned $117 Million from Livestock Products Export

Ethiopia earned more than $117 million from the export of livestock products during the first 11 months of the current fiscal year, according to Dr. Asrat Tera, Director General of the Ethiopian Livestock Development Institute. Ethiopia generates foreign currency by processing and exporting various ...
Capital Ethiopia Jun 29, 2026

Ethiopia Introduces “New Money Warrant” to Break Eurobond Restructuring Deadlock

The Ministry of Finance (MoF) has officially announced that it has reached an Agreement in Principle (AIP) with an Ad Hoc Committee of creditors regarding the restructuring of its $1 billion 2024 Eurobond debt. It was indicated that this ad hoc committee represents institutional investors who collec...
New Business Ethiopia Jun 29, 2026

Ethiopian Electric Utility Signs 3 Billion Birr Infrastructure Rehabilitation Project

The Ethiopian Electric Utility (EEU) has signed a 3 billion Birr contract with Alpha Engineering and Capital Engineering, engineering and equipment supply firms, to implement an electricity infrastructure rehabilitation project. Speaking at the signing ceremony, the Chief Executive Officer of the Et...
New Business Ethiopia Jun 29, 2026

Ethiopian Electric Utility Signs 3 Billion Birr Infrastructure Rehabilitation Project

The Ethiopian Electric Utility (EEU) has signed a 3 billion Birr contract with Alpha Engineering and Capital Engineering, engineering and equipment supply firms, to implement an electricity infrastructure rehabilitation project. Speaking at the signing ceremony, the Chief Executive Officer of the Et...
Capital Ethiopia Jun 29, 2026

PMGC Final African Qualifiers to Be Held

Registration has officially opened for the PUBG MOBILE 2026 competitive season qualifier, marking a significant milestone in the history of African esports. Dubbed “Road to 2026 PMGO Season 2,” this tournament represents a crucial turning point for African mobile gamers to showcase their...
Capital Ethiopia Jun 29, 2026

From birthplace to powerhouse: How China’s development model offers a blueprint for Africa

JIAXING, China — Standing on the shores of Nanhu Lake, the birthplace of the Communist Party of China (CPC), visitors are reminded of how a movement founded more than a century ago has overseen one of the world’s most remarkable economic transformations. Addressing a media delegation from Et...
Capital Ethiopia Jun 29, 2026

Run Where the Equator Meets the Mountains of the Moon

#Advertorial There is a place in western Uganda where the road begins on the Equator and ends beneath snow-capped peaks. On 22 August 2026, thousands of runners will gather there for the fifth edition of the Tusker Lite Rwenzori Marathon — and we would love to see Ethiopia well represented among t...
Capital Ethiopia Jun 26, 2026

World Bank-Backed 3 Billion Birr Project to Revamp Power Distribution in Ethiopia

The Ethiopian Electric Utility (EEU) has officially signed a 3 billion birr grid rehabilitation and upgrade agreement with two international engineering and supply firms, Alpha TND and Capital Electech, to comprehensively modernize the power distribution networks in Western and Northwestern Ethiopia...
Capital Ethiopia Jun 26, 2026

Taza Legal Moves to End Ethiopia’s Reliance on International Firms

Four Ethiopia’s prominent law offices have officially merged forces to create a major institution named Taza Legal LLP. This merger unites Tameru WondimAgegnehu & Partners, Mesfin Tafesse & Associates (MTA), Mekdes & Associates, and Hanna Mulugeta Law Office into a localized corpor...
Capital Ethiopia Jun 26, 2026

Spiro closes $270 million round with new $55 million backing from NewTrails Capital

By our staff reporter African electric mobility platform Spiro has closed its latest funding round at $270 million after securing a fresh $55 million investment from Chinese growth-stage fund NewTrails Capital. The company said the new capital will support expansion of its battery-swapping network, ...
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