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African regional blocs rally behind the New African Financial Architecture to mobilise Africa’s capital power and close Africa’s financing gap
Sidi Ould Tah, President of the African Development Bank Group, convened a pivotal high-level working session, on 15 February, with the heads of Africa’s Regional Economic Communities (RECs) on the margins of the 39th African Union (AU) Summit in Addis Ababa. The session focused on the New African...
Birr Strengthens as NBE’s $500 Million Auction Eases Market Pressure
In a strategic effort to stabilize the foreign exchange market, the National Bank of Ethiopia (NBE) held a special auction on February 21, 2026, which led to a 1.21% appreciation of the birr against the US Dollar. The average selling price settled at 153.25 birr, marking a decline from the record hi...
የዶላር የመሸጫ ዋጋ በ1.2 በመቶ ቅናሽ አሳየ፤ ብሔራዊ ባንክ ያቀረበው 500 ሚሊዮን ዶላር ሙሉ በሙሉ ገዢ አላገኘም
የኢትዮጵያ ብሔራዊ ባንክ ዛሬ የካቲት 14 ቀን 2018 ዓ.ም ባካሄደው ልዩ የውጭ ምንዛሬ ጨረታ፣ የአንድ የአሜሪካ ዶላር አማካይ የመሸጫ ዋጋ ካለፈው ሳምንት የ1.21 በመቶ ቅናሽ በማሳየት 153.25 ብር ...
When Silence Hurts Refugee Programs
By BEHAK – Humanitarian organizations working with refugees often try to stay out of public debate. The instinct is understandable. Displacement issues are politically sensitive, emotionally charged, and frequently misunderstood. Many NGOs therefore focus on operations rather than communicatio...
Electricity Reshaping Ethiopia’s Economy
By Africa Risk Control – For many years Ethiopia was associated with rapid population growth but limited industrial capacity. Electricity shortages frequently constrained factories, and businesses depended heavily on imported fuel and manufactured goods. Today, the country is entering a differ...
How Morocco Became Africa’s Industrial Gateway to Europe
By Africa Risk Control – Over the past decade, Morocco has undergone one of the most significant economic transformations on the African continent. Known historically for tourism and agriculture, the country is now emerging as a manufacturing hub linking Africa to European markets. At the cent...
Kenya to Help African Embassies to Execute intra-African Deals
On the sidelines of African heads of states, Kenya announced the launch of BiasharaLink and Deal House, two interconnected digital trade platforms designed to empower African embassies as transaction-enabling hubs for trade and investment, marking a new phase of digitally driven economic diplomacy a...
Under AfCFTA, Silence Is Becoming a Business Liability for African SMEs
By BEHAK – For years, many African small and medium enterprises built their reputation quietly. A company focused on production quality, honored contracts, and relied on relationships to grow. Public visibility was often considered secondary — sometimes even unnecessary. In domestic markets,...
Historic Signing Establishes DESSU Corridor Authority to Boost Regional Trade
After a three-month delay, ministers from Djibouti, Ethiopia, South Sudan, and Uganda have officially signed an agreement to establish the Djibouti–Ethiopia–South Sudan–Uganda (DESSU) Corridor Authority, marking a major milestone in East African regional integration. The signing ceremony, orig...
UN Agency Chief Told Foreign Investors Not to Focus on Risks, Neglect Africa’s Potential
At the opening of the 9th Africa Business Forum today in Addis Ababa, Ethiopia, Claver Gatete, United Nations Under-Secretary-General and Executive Secretary of the United Nations Economic Commission for Africa (ECA), urges foreign investors not to ignore Africa’s potential focusing on the risks. ...
Ethiopia Launches an AI UniPod
The Ethiopian Artificial Intelligence Institute, in partnership with the United Nations Development Program (UNDP) and Addis Ababa University, has inaugurated the Artificial Intelligence University Innovation Pod (AI UniPod), an innovation and research facility designed to accelerate the country’s...
Request for Expression of Interest for Potential Suppliers
FOR The Supply of digital measurement of fuel in static tankers WFP Ethiopia Office in Addis Ababa CLOSING DATE FOR SUBMISSION OF EOI: 28 February 2026, 12:00 hrs REFERENCE: EOI-001-2026 The United Nations World Food Programme (WFP) in Ethiopia is seeking formal Expressions of Interest (EOI) from we...
Client: SRS Urban Development and Construction Bureau (SRS UDCB)
Project Names: DEGAHBUR And KEBRIDAHAR Zonal Prisons and Site Work Package Information Field Details Invitation Date Feb16, 2026 Procurement Reference No [SRSUDCB/27-28/18] Procurement Category Works Market Type National Procurement Method Open Procuring Entity SRS Urban Development and Construction...
*Investment Opportunity – Beer Garden Inn hotel & apartments*
The founder of Beer Garden Inn hotel & apartments is offering his entire 25% equity stake for sale as part of his planned retirement. This presents a rare opportunity to acquire a substantial shareholding in one of Ethiopia’s well-established and reputable hospitality businesses. The shares ar...
External Vacancy Announcement
Awash Bank invites competent and qualified candidates for the following positions.                       1. Director – New Head Quarter Building Project Management Directorate   ...
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