As Africa experiences rapid economic change, entrepreneurship and innovation are critical to driving sustainable...

In a significant move, the Selecta Group has announced the relocation of its URC...

The Ethio-Djibouti Railway Standard Gauge Share Company (EDR) has successfully obtained a Multimodal Transport Operation (MTO) license, marking its official entry into the competitive logistics sector. This achievement makes EDR the fifth entity to join the multimodal transport industry, previously dominated by the state-run Ethiopian Shipping and Logistics (ESL). The Ethiopian Maritime Authority (EMA), the regulatory body overseeing this sector, granted the license to EDR after a comprehensive evaluation process. This development aligns with the government’s strategy to broaden the MTO framework by including more participants, aiming to stimulate competition and promote growth in the logistics sector. The government had earlier announced plans to issue four additional MTO licenses alongside ESL, with EDR being the most recent recipient. The selection process, managed by EMA, extended over several years and included multiple local and international companies, all evaluated against strict...

The Addis Ababa Investors Forum (AAIF) has sounded the alarm on the growing challenges...

The Commercial Bank of Ethiopia (CBE), a state-owned financial institution, has adjusted its credit...

The above three words were/are used to describe the situation that prevailed during the heydays of the Roman Empire....

On March 1, 1896, the Battle of Adwa marked a pivotal moment in African history, as Ethiopian forces led...

Ethiopia stands on the brink of a significant transformation as it seeks to join the World Trade Organization (WTO),...

As we never tire of repeating; ‘fractional reserve banking’ anchored on fiat currency is the worst non-violent crime of...

As Germany and Ethiopia celebrate 120 years of diplomatic ties, Capital sat down with Jens Hanefeld, the German Ambassador to Ethiopia and Permanent Observer to the African Union, to discuss the rich history, current collaborations, and future potential of this important relationship. Ambassador Hanefeld shares his insights on economic...

From ancient religious ties to modern diplomatic efforts, the bond between Armenia and Ethiopia runs deep. As the newly established Armenian embassy in Addis Ababa strengthens relations, we sat down with Ambassador Sahak Sargsyan to discuss the historic connections, current collaborations, and future prospects for partnership between these two...